cryptd.in

Альтернативний LinkedIn для крипто-дружніх талантів

XRP Price Trades Below $1.40, Can It Stabilize And Rebound?

XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3980 and $1.40.

  • XRP price started another decline and traded below the $1.40 zone.
  • The price is now trading below $1.40 and the 100-hourly Simple Moving Average.
  • There was a break above a bearish trend line with resistance at $1.3820 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could continue to move down if it stays below $1.40.

XRP Price Dips Further

XRP price failed to stay above $1.4050 and extended its decline, like Біткойн і Ethereum. The price declined below $1.4020 and $1.40 to enter a short-term bearish zone.

The price even extended losses below $1.380. A low was formed at $1.3680, and the price is now consolidating losses. There was a minor recovery wave toward the 23.6% Fib retracement level of the downward move from the $1.4470 swing high to the $1.3680 low. Besides, there was a break above a bearish trend line with resistance at $1.3820 on the hourly chart of the XRP/USD pair.

The price is now trading below $1.40 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3980 level.

Ціна XRP

The first major resistance is near the $1.4075 level or the 50% Fib retracement level of the downward move from the $1.4470 swing high to the $1.3680 low. The main resistance could be $1.4170. A close above $1.4170 could send the price to $1.4220. The next hurdle sits at $1.4250. A clear move above the $1.4250 resistance might send the price toward the $1.450 resistance. Any more gains might send the price toward the $1.4650 resistance.

More Losses?

If XRP fails to clear the $1.3980 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3780 level. The next major support is near the $1.3680 level.

If there is a downside break and a close below the $1.3680 level, the price might continue to decline toward $1.3550. The next major support sits near the $1.350 zone, below which the price could continue lower toward $1.3220.

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 below the 50 level.

Major Support Levels – $1.3780 and $1.3680.

Major Resistance Levels – $1.3980 and $1.4000.


Коментарі

Залишити відповідь

Ваша e-mail адреса не оприлюднюватиметься. Обов’язкові поля позначені *

Останні новини

Популярні категорії

Пошук на сайті

Популярні історії

Теги

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (437) #BitcoinETF (3) #BitcoinФундаментальні основи (1) #BitcoinHandling (1) #BitcoinЦіна (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC придбання (1) #Продовження зростання (1) #BullishSentiment (1) #CHineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) # Фінансовий вплив (1) # Фінансова приватність (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Інвестиції (1) #Втрати від інвестицій (1) # Японська фірма (1) # LegalAction (1) # LegalImpact (1) #Законодавство (1) #LightningNetwork (1) #M Аналіз ринку (3) #MМоніторинг ринку (1) #MПрогноз ринку (1) #MРинкові прогнози (1) #MПрогноз ринку (1) #M MarketSupport (1) #MРинкова волатильність (1) #M Шлюб (1) #MemeCoin (5) #MemeCoins (2) #MinerПрибутковість (1) #M Відмивання грошей (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzПрогноз (1) #PЦінаВіха (1) #PЦінаПрогноз (2) #PriceQuestion (1) #PriceSurge (1) #PПозбавлення воліПокарання (1) #QuantAnalysis (1) 1TP5 Регуляторний тиск (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) # Технічний аналіз (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Корисні посилання

Посилання, які я вважаю корисними і якими хочу поділитися.