cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

XRP Price Climbs Back: Is This The Start of a Bigger Move?

XRP price found support near the $1.90 zone. The price is recovering losses and the bulls might soon aim for a move above the $2.35 resistance zone.

  • XRP price started a fresh decline below the $2.25 zone.
  • The price is now trading below $2.320 and the 100-hourly Simple Moving Average.
  • There was a break above a connecting bearish trend line with resistance at $2.22 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might start another increase if it clears the $2.36 resistance.

XRP Price Eyes Fresh Surge

XRP price extended its decline below the $2.30 level like Bitcoin and Ethereum. There was a move below the $2.20 and $2.050 levels.

The price even dived below the $2.00 support. A low was formed at $1.898 and the price is now correcting some losses. There was a move above the $2.20 level. The price climbed above the 50% Fib retracement level of the downward move from the $2.64 swing high to the $1.898 low.

Besides, there was a break above a connecting bearish trend line with resistance at $2.22 on the hourly chart of the XRP/USD pair. The pair even spiked above the 61.8% Fib retracement level of the downward move from the $2.64 swing high to the $1.898 low.

However, the bears are active below the $2.40 level. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.36 level. The first major resistance is near the $2.40 level.

XRP Price

The next resistance is $2.475. A clear move above the $2.4750 resistance might send the price toward the $2.550 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 $2.880.

Another Decline?

If XRP fails to clear the $2.360 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.050 level.

If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $1.880 support. The next major support sits near the $1.750 zone.

Indicatori tehnici

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 – $2.1500 and $2.0500.

Major Resistance Levels – $2.3500 and $2.4750.


Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (4) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.