cryptd.in

Alternativ LinkedIn för kryptovänliga talanger

XRP Price on a Steady Climb — Bullish Sentiment Grows Stronger

-

av

cryptd.in
i

XRP price found support at $2.420 and started a fresh increase. The price is now correcting gains from $2.60 and might aim for another increase.

  • XRP price started a fresh increase above the $2.50 zone.
  • The price is now trading above $2.50 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $2.510 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might start another increase if there is a close above the $2.60 resistance.

XRP Price Regains Traction

XRP price remained supported above the $2.40 level and started a fresh upward wave, like Bitcoin och Ethereum. The price was able to surpass the $2.50 and $2.550 levels.

The bulls pushed the price above the $2.580 resistance zone to set the pace for more gains. Finally, it tested the $2.60 zone. A high was formed at $2.6050 before there was a pullback. The price dipped below $2.5650 and the 23.6% Fib retracement level of the upward move from the $2.4220 swing low to the $2.6050 high.

The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.510 on the hourly chart of the XRP/USD pair.

XRP Price

On the upside, the price might face resistance near the $2.60 level. The first major resistance is near the $2.650 level. The next resistance is $2.720. A clear move above the $2.720 resistance might send the price toward the $2.80 resistance. Any more gains might send the price toward the $2.850 resistance or even $2.880 in the near term. The next major hurdle for the bulls might be $2.950.

Downside Correction?

If XRP fails to clear the $2.60 resistance zone, it could start another decline. Initial support on the downside is near the $2.510 level and the trend line. The next major support is near the $2.492 level and the 61.8% Fib retracement level of the upward move from the $2.4220 swing low to the $2.6050 high.

If there is a downside break and a close below the $2.4920 level, the price might continue to decline toward the $2.450 support. The next major support sits near the $2.420 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 – $2.510 and $2.4920.

Major Resistance Levels – $2.60 and $2.650.

Kommentarer

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *

Senaste flödena

Populära kategorier

sv_SE Svenska
sv_SE Svenska 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 sl_SI Slovenščina

Sök på webbplatsen

Populära berättelser

Etiketter

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenVal (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHantering (1) #BitcoinPris (5) #BitcoinPrisnivå (1) #BitcoinPump (1) #BitcoinReserv (1) #BitcoinSurge (1) #BitcoinTopp (1) #Bitfinex (1) #Bitwise (1) #BracebridgeKapital (1) #BRC20Token (1) #BTCförvärv (1) #BullishPrediktion (1) #BullishSentiment (1) #Ckinesisk gruvdrift (1) #CPIPrecension (1) #Cryptotillgång (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #Cryptoinsikter (1) #CryptoMania (1) #CryptoMarknaden (4) #Cryptoförutsägelse (1) #CryptoFörutsägelser (1) #CryptoReglering (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoOvisshet (1) #DerivativJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolym (1) 1TP5Holländska domstolen (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumSmärta (1) #EthereumPris (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Finansiell påverkan (1) #FinansiellIntegritet (1) #FirmAvstängning (1) #FrystaKonton (1) #IllicitFonder (1) #InflationData (1) 1TP5Investeringar (1) 1TP5Investeringsförlust (1) #JapanskFirma (1) #LegalAction (1) #Laglig påverkan (1) #Lagstiftning (1) #LightningNätverk (1) #MMarknadsanalys (3) #MarknadenÖvervakning (1) #MarknadenPrediktion (1) #MarknadenFörutsägelser (1) #MarknadenProjektering (1) #Marknadsstöd (1) #MarknadenVolatilitet (1) #M Äktenskap (1) #MemeCoin (5) #MemeCoins (2) #MinerLönsamhet (1) #MpengarTvätt (2) #MtGox (4) #NordkoreaKrypto (1) #NovogratzPrediktion (1) #PrisMilstolpe (1) #PrisPrediktion (2) #PrisFråga (1) #Prisökning (1) #PrisonStraff (1) #QuantAnalys (1) #Regleringstryck (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialaBuzz (1) #Tteknisk analys (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashUtvecklare (1) #UKCrypto (1) #UpsidePotential (1) #USKongressen (1) #WyomingLand (1) #XRPPris (1) #XRPuppsving (1)

Användbara länkar

Länkar som jag tyckte var användbara och ville dela med mig av.