cryptd.in

Alternativni LinkedIn za kriptovalutam prijazne talente

XRP Price Revisits Key Level: Will The Bulls Return?

-

po

na spletnem mestu

XRP price started a downside correction below the $2.50 support. The price is consolidating near $2.20 and might aim for a fresh increase above the $2.45 level.

  • XRP price started another decline and traded below the $2.40 level.
  • The price is now trading below $2.50 and the 100-hourly Simple Moving Average.
  • There is a key bearish trend line forming with resistance at $2.50 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might start another increase if it clears the $2.50 resistance.

XRP Price Revisits Key Support At $2.20

XRP price made another attempt to clear the $2.70 resistance. However, it failed to surpass $2.70 and corrected some gains unlike Bitcoin and like Ethereum. There was a move below the $2.50 and $2.40 levels.

A low was formed at $2.166 and the price is now correcting losses. There was a move above the $2.20 and $2.25 levels. The bulls pushed it back above the 23.6% Fib retracement level of the recent decline from the $2.865 swing high to the $2.166 low.

The price is now trading below $2.50 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. The first major resistance is near the $2.50 level. It is close to the 50% Fib retracement level of the recent decline from the $2.865 swing high to the $2.166 low.

XRP Price

There is also a key bearish trend line forming with resistance at $2.50 on the hourly chart of the XRP/USD pair. The next key resistance could be $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.70 resistance or even $2.850 in the near term. The next major hurdle for the bulls might be $3.00.

More Downsides?

If XRP fails to clear the $2.500 resistance zone, it could start another decline. Initial support on the downside is near the $2.250 level. The next major support is near the $2.20 level.

If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support and the trend line. The next major support sits near the $2.00 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 – $2.2000 and $2.0500.

Major Resistance Levels – $2.4000 and $2.5000.


Komentarji

Dodaj odgovor

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

Najnovejši viri

Priljubljene kategorije

Iskanje po spletnem mestu

Priljubljene zgodbe

Oznake

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #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 (4) #CryptoPrediction (1) #CryptoPredictions (1) #C kriptografska regulacija (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #C kriptografska negotovost (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECposlovanje (1) #ElSalvadorBitcoin (1) #Ethereum (74) #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 (5) #MemeCoins (2) #MinerProfitabilnost (1) #M Pranje denarja (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPredikcija (1) #PriceMilestone (1) #PCenaPredikcija (2) 1TP5CenaVprašanje (1) #PCenovni skok (1) #PrisonSentence (1) #QuantAnalysis (1) #Regulativni pritisk (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Tehnična analiza (1) #Toncoin (3) #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.