cryptd.in

Альтернативний LinkedIn для крипто-дружніх талантів

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

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 Біткойн. 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.


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 (383) #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 (69) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (64) #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 (3) #NorthKoreaCrypto (1) #NovogratzПрогноз (1) #PЦінаВіха (1) #PЦінаПрогноз (2) #PriceQuestion (1) #PriceSurge (1) #PПозбавлення воліПокарання (1) #QuantAnalysis (1) 1TP5 Регуляторний тиск (1) #SECAntiCrypto (1) #ShibaInu (5) #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.