XRP Price Turns Red As Risk of More Downsides Escalate
2024年1月31日 - 8:27PM
NEWSBTC
XRP price is moving lower below the $0.5200 support. The price
could gain bearish momentum if there is a close below the $0.50
support. XRP is showing bearish signs below the $0.525 and $0.512
resistance levels. The price is now trading below $0.520 and the
100 simple moving average (4 hours). There was a break below a key
contracting triangle with support at $0.5220 on the 4-hour chart of
the XRP/USD pair (data source from Kraken). The pair is now at risk
of more downsides below the $0.5000 support zone. XRP Price Takes
Hit In the past few days, XRP price heavy bearish moves below the
$0.550 support. The bears remained active near the $0.5500
resistance and protected a recovery wave, unlike Bitcoin and
Ethereum. There was a fresh decline from the $0.5389 high and the
bears pushed the price below $0.5200. There was a steady decline
and there was a break below a key contracting triangle with support
at $0.5220 on the 4-hour chart of the XRP/USD pair. The price is
now trading below $0.520 and the 100 simple moving average (4
hours). A low is formed near $0.5012, and the price is now
consolidating losses. On the upside, immediate resistance is near
the $0.520 zone. It is near the 50% Fib retracement level of the
downward wave from the $0.5389 swing high to the $0.5012 low. The
first key resistance is near $0.530 or the 76.4% Fib retracement
level of the downward wave from the $0.5389 swing high to the
$0.5012 low, above which the price could rise toward the $0.5380
resistance. Source: XRPUSD on TradingView.com A close above the
$0.5380 resistance zone could spark a strong increase. The next key
resistance is near $0.5550. If the bulls remain in action above the
$0.5550 resistance level, there could be a rally toward the $0.5800
resistance. Any more gains might send the price toward the $0.6000
resistance. Key Downside Break? If XRP fails to clear the $0.5200
resistance zone, it could continue to move down. Initial support on
the downside is near the $0.502 zone. The next major support is at
$0.500. If there is a downside break and a close below the $0.500
level, XRP price might accelerate lower. In the stated case, the
price could retest the $0.450 support zone. Technical Indicators
4-Hours MACD – The MACD for XRP/USD is now gaining pace in the
bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for
XRP/USD is now below the 50 level. Major Support Levels – $0.505,
$0.500, and $0.450. Major Resistance Levels – $0.520, $0.538, and
$0.550.
Ripple (COIN:XRPUSD)
過去 株価チャート
から 9 2024 まで 10 2024
Ripple (COIN:XRPUSD)
過去 株価チャート
から 10 2023 まで 10 2024