cryptd.in

Vaihtoehtoinen LinkedIn krypto-ystävällisille lahjakkuuksille

XRP Price Struggles to Hold Gains—Could Bears Take Over?

-

by

cryptd.in
osoitteessa

XRP price is struggling to gain pace for a move above the $2.50 zone. The price is now moving lower and might decline below the $2.30 level.

  • XRP price started a fresh decline from the $2.50 zone.
  • The price is now trading below $2.420 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $2.3650 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might start a fresh increase if it clears the $2.50 resistance zone.

XRP Price Dips Again

XRP price struggled to settle above the $2.50 resistance zone. The price started another decline from the $2.52 level, like Bitcoin and Ethereum. There was a move below the $2.45 level.

The price dipped below the 50% Fib retracement level of the upward move from the $2.31 swing low to the $2.52 high. The price even spiked below the $2.40 level. However, there is a key bullish trend line forming with support at $2.3650 on the hourly chart of the XRP/USD pair.

The price is now trading below $2.420 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.440 level. The first major resistance is near the $2.50 level.

XRP Price

The next resistance is $2.520. A clear move above the $2.520 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.720 in the near term. The next major hurdle for the bulls might be $2.80.

More Losses?

If XRP fails to clear the $2.50 resistance zone, it could start another decline. Initial support on the downside is near the $2.3620 level or 76.4% Fib retracement level of the upward move from the $2.31 swing low to the $2.52 high. The next major support is near the $2.2650 level.

If there is a downside break and a close below the $2.2650 level, the price might continue to decline toward the $2.140 support. The next major support sits near the $2.050 zone.

Technical Indicators

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 below the 50 level.

Major Support Levels – $2.3650 and $2.280.

Major Resistance Levels – $2.50 and $2.60.

Kommentit

Vastaa

Sähköpostiosoitettasi ei julkaista. Pakolliset kentät on merkitty *

Viimeisimmät syötteet

Suositut kategoriat

fi Suomi
fi Suomi 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 el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Etsi verkkosivustolta

Suosittuja tarinoita

Tunnisteet

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (237) #BitcoinETF (3) #BitcoinFundamentaalit (1) #BitcoinHandlingKäsittelyn (1) #BitcoinHinta (5) #BitcoinPriceLevel (1) #BitcoinPumppu (1) #BitcoinReserve (1) #BitcoinSurgePyrähdys (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokenit (1) #BTChankinta (1) #BullishPrediction (Ennuste) (1) #BullishSentimentti (1) #ChineseMining (1) #CPKatselu (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (2) #CryptoPrediction (1) #Cryptoennusteet (1) #CryptoSääntely (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (29) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Hollantilainen tuomioistuin (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (48) #EthereumKipu (1) #EthereumPrice (1) #ExpertOpinion (1) #TFedRateCut (1) #FiatCurrency (1) #Rahoitusvaikutus (1) #RahoitusturvaTurvaTurvaTietosuoja (1) #FirmShutdown (1) #Jäädytetyt tilit (1) #IllicitFunds (1) #InflationData (1) 1TP5Sijoitus (1) 1TP5Sijoitustappiot (1) #Japanilainen yritys (1) #LegalAction (1) # Oikeudelliset vaikutukset (1) #Lainsäädäntö (1) #LightningNetwork (1) #M Markkina-analyysi (3) #M Markkinaseuranta (1) #Mmarkkinaennuste (1) #M Markkinaennusteet (1) #M Markkinaprojektio (1) #MarketSupport (1) #Markkinoiden volatiliteetti (1) #Mvaunu (1) #MemeCoin (3) #MemeCoins (2) #MinerProfitability (1) 1TP5Rahanpesu (2) #MtGox (3) #NorthKoreaCryptoPohjois-KoreaCrypto (1) #NovogratzEnnustus (1) 1TP5HintaKivi (1) 1TP5Hintaennuste (2) 1TP5HintaKysymys (1) 1TP5HintaPyrähdys (1) #PvankilaLausunto (1) #QuantAnalyysi (1) 1TP5Sääntelypaine (1) #SECAntiCrypto (1) #ShibaInu (3) #SocialBuzz (1) #Ttekninen analyysi (1) #Toncoin (2) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashKehittäjä (1) #UKCrypto (1) #UpsidePotentiaali (1) #USKongressi (1) #WyomingLand (1) #XRHinta (1) #XRPupswing (1)

Hyödyllisiä linkkejä

Linkkejä, jotka löysin hyödyllisiksi ja halusin jakaa.