Thursday, June 5, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

XRP Price Struggle Continues: Can Bulls Turn It Around?

October 8, 2024
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on TwitterShare on E Mail


XRP value is struggling to rise above the $0.550 degree. The value should clear the $0.5450 and $0.5500 resistance ranges to start out an honest enhance.

XRP value remains to be consolidating above the $0.5080 help.
The value is now buying and selling close to $0.5250 and the 100-hourly Easy Shifting Common.
There was a break above a key bearish development line with resistance at $0.5380 on the hourly chart of the XRP/USD pair (knowledge supply from Kraken).
The pair may acquire bullish momentum if it clears the $0.5450 and $0.5500 resistance ranges.

XRP Worth Eyes Upside Break

XRP value remained well-bid above the $0.5080 help degree, in contrast to Bitcoin and Ethereum. The value began a gradual upward transfer above the $0.5220 and $0.5320 resistance ranges.

There was a break above a key bearish development line with resistance at $0.5380 on the hourly chart of the XRP/USD pair. Nonetheless, the bears had been lively close to the $0.5450 resistance degree. They protected the 23.6% Fib retracement degree of the downward wave from the $0.6640 swing excessive to the $0.5070 low.

The value is now buying and selling close to $0.5250 and the 100-hourly Easy Shifting Common. If there’s one other enhance, the worth may face resistance close to the $0.5350 degree. The primary main resistance is close to the $0.5450 degree.

The following key resistance may very well be $0.5500. A transparent transfer above the $0.5500 resistance may ship the worth towards the $0.5850 resistance. It’s near the 50% Fib retracement degree of the downward wave from the $0.6640 swing excessive to the $0.5070 low. Any extra features may ship the worth towards the $0.6000 resistance and even $0.6050 within the close to time period. The following main hurdle may be $0.6250.

One other Decline?

If XRP fails to clear the $0.5450 resistance zone, it may begin one other decline. Preliminary help on the draw back is close to the $0.5220 degree. The following main help is close to the $0.5150 degree.

If there’s a draw back break and an in depth beneath the $0.5150 degree, the worth may proceed to say no towards the $0.5050 help within the close to time period. The following main help sits close to the $0.5000 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining tempo within the bullish zone.

Hourly RSI (Relative Power Index) – The RSI for XRP/USD is now above the 50 degree.

Main Assist Ranges – $0.5250 and $0.5120.

Main Resistance Ranges – $0.5450 and $0.5500.



Source link

Tags: BullsContinuesPriceStruggleTurnXRP
Previous Post

Analysts Predict $MBAG Will Rocket to $1 – Join the Hottest Presale Now

Next Post

Solana (SOL) Flashes Breakdown Signs: Will Support Hold?

Related Posts

Price Slips Further, Investors on Edge
Analysis

Price Slips Further, Investors on Edge

June 5, 2025
SPX6900 price surges as Bitcoin Pepe momentum accelerates
Analysis

SPX6900 price surges as Bitcoin Pepe momentum accelerates

June 4, 2025
Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?
Analysis

Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?

June 4, 2025
Will $670 Crack Under Pressure?
Analysis

Will $670 Crack Under Pressure?

June 3, 2025
what’s fueling the June crypto rally?
Analysis

what’s fueling the June crypto rally?

June 3, 2025
Best crypto to buy as altcoin rotation favors low-caps BPEP, Bitcoin Pepe sets June 17 for listing announcement
Analysis

Best crypto to buy as altcoin rotation favors low-caps BPEP, Bitcoin Pepe sets June 17 for listing announcement

June 4, 2025
Next Post
Solana (SOL) Flashes Breakdown Signs: Will Support Hold?

Solana (SOL) Flashes Breakdown Signs: Will Support Hold?

Ethereum Proposal EIP-7781 Promises Network Performance Boost

Ethereum Proposal EIP-7781 Promises Network Performance Boost

Bullish BTC Hopes Dented as China Eases Stimulus Plans

Bullish BTC Hopes Dented as China Eases Stimulus Plans

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In