Ripple (XRP) has been trading above $0.30 support since June 13. Over the past week, XRP has fluctuated between $0.30 and $0.34, and the bulls have held off any further downward movement in the price. They were able to defend the $0.30 support while the coin made an upward movement.
For example, on June 15-17, buyers pushed XRP to the high of $0.34, but were rejected. Today, XRP is rising upwards, reaching the high of $0.33. Buyers have a difficult task to get back to the upside. On the upside, bulls need to keep the price above the resistance of $0.33, the previous low, and the high of $0.35, which is above the 21-day line SMA. XRP/USD will recover to $0.38 if the current resistances are broken. However, selling pressure will resume if support at $0.30 is broken.
Анализа на индикатори на бран
Ripple has risen to the 40 level of the Relative Strength Index for the 14 period. XRP is rising to the upside as it holds above the $0.30 support. The cryptocurrency’s price bars are below the moving averages, indicating a downtrend. XRP is above the 25% area of the daily stochastic. Buyers are coming from the oversold area of the market.
Технички показатели:
Клучни нивоа на отпор – 0.80 и 1.00 долари.
Важни нивоа на поддршка - 0.40 и 0.20 долари
Кој е следниот чекор за Ripple?
Since June 13, Ripple has consolidated above the $0.33 support level. The altcoin has reached bearish exhaustion while moving back up. XRP is in an uptrend. A break above the moving average will push the altcoin to resume its uptrend.
Одрекување. Оваа анализа и прогноза се лични мислења на авторот и не се препорака за купување или продавање криптовалути и не треба да се гледаат како поддршка од CoinIdol. Читателите треба да направат сопствено истражување пред да инвестираат
Source: https://coinidol.com/ripple-engage-rallies/