cryptd.in

Alternatívna sieť LinkedIn pre talenty podporujúce kryptografiu

XRP Price Fights for a Steady Climb: Will Bulls Prevail?

-

podľa

na stránke

XRP price gained pace for a move above the $0.5800 support zone. The price rallied toward $0.6150 resistance and recently corrected gains.

  • XRP price is struggling to rise steadily like Bitcoin.
  • The price is now trading above $0.580 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $0.5780 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could start a fresh increase if it stays above the $0.5720 support zone.

XRP Price Eyes More Gains

XRP price remained supported above the $0.5250 level. It formed a base and started a fresh increase above $0.5550, but gains were limited compared to Bitcoin and Ethereum. There was a move above the $0.5850 and $0.6000 resistance levels.

The bulls even pushed the price above the $0.6050 level before the bears appeared. A high was formed at $0.6162 before there was a pullback. The price dipped below $0.600 and tested $0.5640. A low was formed at $0.6162 and the price is now attempting a fresh increase.

There was a move above the $0.580 resistance. The price surpassed the 50% Fib retracement level of the recent decline from the $0.6162 swing high to the $0.5630 low.

The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5780 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $0.5950 level or the 61.8% Fib retracement level of the recent decline from the $0.6162 swing high to the $0.5630 low.

The first major resistance is near the $0.6040 level. The next key resistance could be $0.6150. A clear move above the $0.6150 resistance might send the price toward the $0.6220 resistance.

XRP Price

Any more gains might send the price toward the $0.6350 resistance or even $0.6420 in the near term. The next major hurdle might be $0.6500.

Another Decline?

If XRP fails to clear the $0.600 resistance zone, it could start another decline. Initial support on the downside is near the $0.5820 level. The next major support is near the $0.5780 level and the trend line.

If there is a downside break and a close below the $0.5780 level, the price might continue to decline toward the $0.5650 support in the near term. The next major support sits near the $0.5500 zone.

Technical Indicators

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

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

Major Support Levels – $0.5820 and $0.5780.

Major Resistance Levels – $0.6000 and $0.6150.

Komentáre

Pridaj komentár

Vaša e-mailová adresa nebude zverejnená. Vyžadované polia sú označené *

Najnovšie kanály

Obľúbené kategórie

sk_SK Slovenčina
sk_SK Slovenčina 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 fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sl_SI Slovenščina sv_SE Svenska

Vyhľadávanie na webovej lokalite

Populárne príbehy

Značky

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (240) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BVšetko, čo potrebujete (1) #BracebridgeCapital (1) #BRC20Tokeny (1) #BTCakvizícia (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (2) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (31) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (49) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Finančný vplyv (1) #FinancieSúkromie (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investície (1) #InvestmentLoss (1) #JapaneseFirm (1) #LegalAction (1) #Právny vplyv (1) #Legislatíva (1) #LightningNetwork (1) #M Analýza trhu (3) #M Monitorovanie trhu (1) #M Predpoveď trhu (1) #M Predpovede trhu (1) #M trhová projekcia (1) #M MarketSupport (1) #MVolatilita trhu (1) #M manželstvo (1) #MemeCoin (3) #MemeCoins (2) #MinerProfitability (1) #M Pranie peňazí (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzPredpoveď (1) #PriceMilestone (1) #PcenaPredpoveď (2) #Prieskumná otázka (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #Regulačný tlak (1) #SECAntiCrypto (1) #ShibaInu (3) #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)

Užitočné odkazy

Odkazy, ktoré som našiel užitočné a chcel som sa o ne podeliť.