cryptd.in

Alternativni LinkedIn za kriptovalutam prijazne talente

Ripple (XRP) Range-Bound Struggle: Will It Break Free?

-

po

na spletnem mestu

XRP price is struggling to gain bullish momentum above $0.50. The price must settle above $0.50 and $0.520 to start a steady increase in the near term.

XRP price extended losses before it found support near the $0.4765 zone.
The price is now trading above $0.4850 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $0.4980 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start a decent increase if it settles above the $0.50 resistance zone.

XRP Price Holds Support

XRP price failed to start a fresh increase and again reacted to the downside like Bitcoin. There was a move below the $0.4800 level, but the bulls were active near the $0.4765 level.

A low was formed at $0.4765 and the price is now correcting losses. There was a move above the $0.4850 and $0.4900 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $0.5104 swing high to the $0.4765 low.

It is now trading above $0.4850 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4980 level and the 61.8% Fib retracement level of the downward move from the $0.5104 swing high to the $0.4765 low.

There is also a key bearish trend line forming with resistance at $0.4980 on the hourly chart of the XRP/USD pair. The first key resistance is near $0.500. The next major resistance is near the $0.5020 level.

A close above the $0.5020 resistance zone could send the price higher. The next key resistance is near $0.5200. If there is a clear move above the $0.520 resistance level, there could be a steady increase toward the $0.5320 resistance. Any more gains might send the price toward the $0.5500 resistance.

Another Drop?

If XRP fails to clear the $0.4980 resistance zone, it could start another decline. Initial support on the downside is near the $0.490 level and the 100-hourly Simple Moving Average.

The next major support is at $0.4850. If there is a downside break and a close below the $0.4850 level, the price might gain bearish momentum. In the stated case, the price could even trade below the $0.4765 low in the near term.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone.

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

Major Support Levels – $0.4850 and $0.4765.

Major Resistance Levels – $0.4980 and $0.500.

Komentarji

Dodaj odgovor

Vaš e-naslov ne bo objavljen. * označuje zahtevana polja

Najnovejši viri

Priljubljene kategorije

sl_SI Slovenščina
sl_SI Slovenščina 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 sk_SK Slovenčina sv_SE Svenska

Iskanje po spletnem mestu

Priljubljene zgodbe

Oznake

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (237) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BVendar je to zelo pomembno. (1) #BracebridgeCapital (1) #BRC20Točke (1) #BTCnabava (1) #BullishPrediction (1) #BullishSentiment (1) #CKitajsko rudarstvo (1) #CPIPpregled (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #C kriptografija (1) #CryptoMarket (2) #CryptoPrediction (1) #CryptoPredictions (1) #C kriptografska regulacija (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #C kriptografska negotovost (1) #DerivativeJump (1) #Dogecoin (29) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECposlovanje (1) #ElSalvadorBitcoin (1) #Ethereum (48) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Finančni vpliv (1) #FinančnaZasebnost (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investicije (1) #InvestmentLoss (1) #JapaneseFirm (1) #LegalAction (1) #Pravni vpliv (1) #Zakonodaja (1) #LightningNetwork (1) #M Analiza trga (3) #M Spremljanje trga (1) #MTržna napoved (1) #MTržne napovedi (1) #M MarketProjection (1) #M MarketSupport (1) #MVolatilnost trga (1) #M Poroka (1) #MemeCoin (3) #MemeCoins (2) #MinerProfitabilnost (1) #M Pranje denarja (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzPredikcija (1) #PriceMilestone (1) #PCenaPredikcija (2) 1TP5CenaVprašanje (1) #PCenovni skok (1) #PrisonSentence (1) #QuantAnalysis (1) #Regulativni pritisk (1) #SECAntiCrypto (1) #ShibaInu (3) #SocialBuzz (1) #Tehnična analiza (1) #Toncoin (2) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotencial (1) #USCongress (1) #WyomingLand (1) #XR Cena (1) #XRPupswing (1)

Koristne povezave

Povezave, ki so se mi zdele koristne in sem jih želel deliti.