Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone.
- Ripple started a fresh decline from the $0.40 resistance zone against the US dollar.
- De Präis gëtt elo ënner $ 0.380 an dem 100 einfache bewegt Duerchschnëtt (4 Stonnen) gehandelt.
- Et gëtt eng Schlëssel bearish Trend Linn mat Resistenz no bei $0.371 op der 4-Stonne Diagramm vum XRP/USD Pair (Datenquell vu Kraken).
- D'Paar kéint eng staark Erhéijung starten wann et d'$0.388 Resistenzzone läscht.
Ripple Präis bleift ënnerstëtzt
This past week, ripple’s XRP attempted an upside break above the $0.40 resistance against the US Dollar. However, the bears remained active near $0.40 and pushed the price lower.
However, the recent decline was limited when compared to bitcoin an ethereum. The price declined below the $0.372 and $0.365 support levels. It traded as low as $0.3458 and is currently consolidating losses. It is trading below $0.380 and the 100 simple moving average (4-hours).
XRP price is now facing hurdles near $0.370. It is close to the 50% Fib retracement level of the downward move from the $0.3954 swing high to $0.3458 swing low.
There is also a key bearish trend line forming with resistance near $0.371 on the 4-hours chart of the XRP/USD pair. A successful break above the trend line resistance might send the price towards the $0.380 resistance or the 76.4% Fib retracement level of the downward move from the $0.3954 swing high to $0.3458 swing low.
Source: XRPUSD op TradingView.com
The next key resistance is near the $0.388 level. The main barrier is still near the $0.40 level. Any more gains might send the price towards the $0.45 level.
Dips Ënnerstëtzt an XRP?
If ripple fails to clear the $0.388 resistance zone, it could slowly move down. An initial support on the downside is near the $0.345 level.
Déi nächst grouss Ënnerstëtzung ass bal $0.332. Wann et e Downside Paus ass an ënner dem $ 0.332 Niveau zoumaachen, kann xrp Präis Verloschter verlängeren. Am uginnene Fall kann de Präis souguer ënner der $0.320 Ënnerstëtzung erofgoen.
technesch Indicateuren
4-Hours MACD - D'MACD fir XRP / USD verléiert elo Tempo an der bearish Zone.
4-Hours RSI (Relative Strength Index) - De RSI fir XRP / USD ass elo ënner dem 50 Niveau.
Major Support Levels - $ 0.345, $ 0.332 an $ 0.320.
Major Resistenzniveauen - $ 0.371, $ 0.388 an $ 0.400.
Source: https://newsbtc.com/analysis/xrp/xrp-price-holds-ground-btc-eth/