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Заголовок Ripple Price Analysis: XRP May Be in Danger of Crashing to $0.4
Дата 20240702

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Ripple Price Analysis: XRP May Be in Danger of Crashing to $0.4

Ripple Price Analysis: XRP May Be in Danger of Crashing to $0.4

Author: CryptoVizArt

Last Updated Jul 2, 2024 @ 13:06

Ripple’s price has been consolidating for the past few months and is yet to
show any willingness to either drop or rally.

Ripple Price Analysis

By TradingRage

The USDT Paired Chart

On the USDT pair, Ripple has been range-bound since dropping below the 200-day
moving average, which is currently located around the $0.55 mark.

The price has recently broken the $0.5 support level to the downside, and if
it is unable to reclaim this level in the coming days, a drop toward the $0.4
support zone would be inevitable.

With the RSI also showing values below 50%, the momentum is in favor of a
bearish move. Source: TradingView

The BTC Paired Chart

The XRP/BTC chart has also been showing a frustrating period of consolidation
over recent months.

The price has failed to rise back above the 800 SAT resistance zone since May
and might be bound to test the 600 SAT support level once more in the short
term.

Either way, as long as the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта remains below the 200-day moving
average, which is currently trending around the 1000 SAT mark, a rally against
BTC cannot be expected. Source: TradingView

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Cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта charts by TradingView.

Tags: Ripple (XRP) Price

============= Итог: 2,1990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Binance


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