cryptd.in

Εναλλακτική LinkedIn για τα ταλέντα που είναι φιλικά προς την κρυπτογράφηση

Ripple Price Analysis: XRP Approaches Make-or-Break Demand Zone as Bears Press Harder

-

από

cryptd.in
στο

XRP has continued its steep decline after a failed breakout attempt in early November, slipping below $1.10 and now trading around $1.06. The asset is approaching the $1.00 demand zone that served as the base of the sharp August rally, making the coming sessions crucial to whether buyers can halt the sell-off before an even deeper breakdown below $1, which will likely trigger mass capitulation.

Ripple Price Analysis: The USDT Pair

The daily chart shows XRP’s broader bearish structure deepening. After the August surge from the $1.00 region toward $1.70 failed to hold, the asset formed a lower high near $1.65 in late September. It has since lost both the $1.25 support and the $1.10 zone, which marked the breakout point of the August rally.

The price is now hovering just above the $1.00 demand zone, where XRP consolidated through July and early August before the rally began. The recent lower wick toward approximately $1.03 suggests that buyers are starting to respond, although no meaningful rebound has formed yet. A decisive daily close below $1.00 would leave little marked support beneath it and raise the risk of an extended move lower.

On the upside, XRP would first need to reclaim $1.10, which could now act as resistance following the breakdown. Beyond that, the $1.25 level and the $1.30 supply zone, where the early-November rally was rejected, remain the main obstacles to any meaningful recovery.

The 4-Hour Chart

On the 4-hour timeframe, XRP has been trading within a descending channel since late September. Early November brought a brief breakout above the upper trendline toward $1.33, but the move was quickly rejected inside the $1.30 supply zone. This failed breakout effectively trapped late buyers and preceded an aggressive sell-off.

The decline sliced through the $1.25 support and, more significantly, through the channel’s lower boundary near $1.11. This suggests an acceleration of bearish momentum rather than a typical move within the structure. The token subsequently dropped to approximately $1.03, the upper edge of the $1.00 demand zone, and is now consolidating around $1.05.

A relief bounce from this area could target the $1.10 zone, where the broken lower trendline may now attract sellers on a retest. Conversely, a drop below $1.03 would likely expose the full demand zone toward $0.98. Therefore, things currently look dire for XRP, as unless it reclaims the lost channel, the market can plunge even lower in the short term.

Η θέση Ripple Price Analysis: XRP Approaches Make-or-Break Demand Zone as Bears Press Harder εμφανίστηκε για πρώτη φορά στο CryptoPotato.

Σχόλια

Αφήστε μια απάντηση

Η ηλ. διεύθυνση σας δεν δημοσιεύεται. Τα υποχρεωτικά πεδία σημειώνονται με *

Τελευταίες τροφοδοσίες

Δημοφιλείς κατηγορίες

el Ελληνικά
el Ελληνικά en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Αναζήτηση στον ιστότοπο

Δημοφιλείς ιστορίες

Ετικέτες

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinΒασικά στοιχεία (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Δοκιμές (1) #BTCαπόκτηση (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 (74) #DogecoinGains (1) #DogecoinΌγκος (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) 1TP5FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #LegalAction (1) #LegalImpact (1) #Νομοθεσία (1) #LightningNetwork (1) #MΑνάλυση αγοράς (3) #MΠαρακολούθηση της αγοράς (1) #MΠρόβλεψη αγοράς (1) #MΠροβλέψεις για την αγορά (1) #MarketProjection (1) #MarketSupport (1) #Mμεταβλητότητα της αγοράς (1) #MΓάμος (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #MoneyLaundering (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzΠρόβλεψη (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #RegulatoryPressure (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Tτεχνικήανάλυση (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRΤιμή (1) #XRPupswing (1)

Χρήσιμοι σύνδεσμοι

Σύνδεσμοι που βρήκα χρήσιμους και ήθελα να μοιραστώ.