cryptd.in

Εναλλακτική LinkedIn για τα ταλέντα που είναι φιλικά προς την κρυπτογράφηση

Ripple Price Analysis: XRP’s Outlook Following Rebound at $1.70

Ripple’s native token has staged a notable rebound from the crucial $1.7 support level, signaling renewed buying interest.

However, the price is now approaching a key resistance zone, where a breakout could trigger a bullish retracement toward the 100-day moving average at $2.5.

XRP Analysis

By Shayan

The Daily Chart

XRP managed to rebound from the crucial $1.7 support region, which aligns with the 200-day moving average and the 0.5–0.618 Fibonacci retracement range.

This confluence of support levels has triggered increased buying activity, temporarily halting the downtrend. Additionally, a bullish divergence between the price and the RSI suggests waning bearish momentum, increasing the likelihood of a potential trend reversal.

Despite the rebound, XRP remains trapped between the 100-day and 200-day moving averages, pointing toward a consolidation phase. Notably, the 100-day MA at $2.5 coincides with the upper boundary of a prolonged descending wedge pattern. A breakout above this level could confirm a bullish shift and initiate a fresh upward leg toward higher resistance zones.

The 4-Hour Chart

On the lower timeframe, Ripple has invalidated a bearish breakout from the expanding wedge, reclaiming the pattern’s lower boundary in what appears to be a bear trap. This price action has attracted notable buying pressure, leading to a surge toward the critical $2.2 resistance, XRP’s previous swing high.

A confirmed breakout above $2.2 would result in a higher high and potentially signal a bullish market structure shift, paving the way for a rally toward the $2.5 resistance. However, if Ripple fails to surpass this key pivot, a retracement back to the $1.7 support zone remains a likely scenario.

Η θέση Ripple Price Analysis: XRP’s Outlook Following Rebound at $1.70 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

Αναζήτηση στον ιστότοπο

Δημοφιλείς ιστορίες

Ετικέτες

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (286) #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 (52) #DogecoinGains (1) #DogecoinΌγκος (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (59) #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 (3) #NorthKoreaCrypto (1) #NovogratzΠρόβλεψη (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #RegulatoryPressure (1) #SECAntiCrypto (1) #ShibaInu (4) #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.