cryptd.in

Alternativní LinkedIn pro talenty přátelské ke kryptoměnám

XRP Price Climbs to $1.60 — Downside Seen Limited by Strong Support

XRP price started a major increase above $1.50. The price is now consolidating gains and might aim for more gains above the $1.60 zone.

  • XRP price started a steady upward move above the $1.50 zone.
  • The price is now trading above $1.50 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $1.5220 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could continue to move up if it settles above $1.580.

XRP Price Extends Its Surge

XRP price started a major upward move above $1.450 and $1.480, like Bitcoin a Ethereum. The price gained pace for a clear move above the $1.50 resistance.

The bulls even pumped the price toward the $1.550 zone. A high was formed at $1.6068 and the price started a minor pullback. There was a drop below the 23.6% Fib retracement level of the upward move from the $1.3855 swing low to the $1.6068 high.

The price is now trading above $1.50 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $1.5220 on the hourly chart of the XRP/USD pair.

XRP Price

If there is a fresh upward move, the price might face resistance near the $1.5650 level. The first major resistance is near the $1.580 level, above which the price could rise and test $1.60. A clear move above the $1.60 resistance might send the price toward the $1.6250 resistance. Any more gains might send the price toward the $1.6320 resistance. The next major hurdle for the bulls might be near $1.650.

Downside Correction?

If XRP fails to clear the $1.580 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.520 level and the trend line. The next major support is near the $1.470 level or the 61.8% Fib retracement level of the upward move from the $1.3855 swing low to the $1.6068 high.

If there is a downside break and a close below the $1.470 level, the price might continue to decline toward $1.450. The next major support sits near the $1.420 zone, below which the price could continue lower toward $1.3880. The main support could be $1.3680.

Technické ukazatele

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $1.520 and $1.470.

Major Resistance Levels – $1.580 and $1.60.


Komentáře

Napsat komentář

Vaše e-mailová adresa nebude zveřejněna. Vyžadované informace jsou označeny *

Nejnovější kanály

Oblíbené kategorie

Vyhledávání na webových stránkách

Populární příběhy

Štítky

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (428) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BPodrobněji (1) #BracebridgeCapital (1) #BRC20Tokeny (1) #BTCakvizice (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Finanční dopady (1) #Finanční ochrana osobních údajů (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investice (1) #InvesticeZtráty (1) #JapaneseFirm (1) #LegalAction (1) #Právní dopad (1) #Legislativa (1) #LightningNetwork (1) #M Analýza trhu (3) #MMarketMonitoring (1) #MPředpověď trhu (1) #MPředpovědi trhu (1) #M tržní projekce (1) #M Podpora trhu (1) #MVolatilita trhu (1) #M Sňatek (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M Praní peněz (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPředpověď (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #Regulační tlak (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #Technická analýza (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XR Cena (1) #XRPupswing (1)

Užitečné odkazy

Odkazy, které jsem našel užitečné a chtěl jsem se o ně podělit.