Sunday, June 8, 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 Stuck In Consolidation: Where’s The Next Big Move?

February 1, 2025
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on TwitterShare on E Mail


XRP worth began a consolidation part from the $3.20 resistance zone. The value is now consolidating positive aspects and would possibly goal for extra positive aspects above the $3.20 zone.

XRP worth began a draw back correction from the $3.220 zone.
The value is now buying and selling above $3.050 and the 100-hourly Easy Transferring Common.
There was a break above a bullish flag sample forming with resistance at $3.10 on the hourly chart of the XRP/USD pair (knowledge supply from Kraken).
The pair would possibly begin a recent improve if it clears the $3.20 resistance zone.

XRP Worth Eyes Contemporary Beneficial properties

XRP worth began a recent improve above the $2.950 zone, outperforming Bitcoin and Ethereum. The value rallied above the $2.95 and $3.00 resistance ranges.

A excessive was shaped at $3.214 and the worth not too long ago corrected some positive aspects. There was a transfer under the $3.10 stage. The value dipped towards the 50% Fib retracement stage of the upward wave from the $2.6560 swing low to the $3.214 excessive.

Nevertheless, the bulls had been energetic close to $3.00 and pushed the worth larger. There was a break above a bullish flag sample forming with resistance at $3.10 on the hourly chart of the XRP/USD pair.

The value is now buying and selling above $3.050 and the 100-hourly Easy Transferring Common. On the upside, the worth would possibly face resistance close to the $3.150 stage. The primary main resistance is close to the $3.20 stage. The subsequent resistance is $3.220.

A transparent transfer above the $3.220 resistance would possibly ship the worth towards the $3.320 resistance. Any extra positive aspects would possibly ship the worth towards the $3.380 resistance and even $3.420 within the close to time period. The subsequent main hurdle for the bulls is likely to be $3.50.

One other Decline?

If XRP fails to clear the $3.150 resistance zone, it may begin one other decline. Preliminary assist on the draw back is close to the $3.00 stage. The subsequent main assist is close to the $2.950 stage.

If there’s a draw back break and a detailed under the $2.950 stage, the worth would possibly proceed to say no towards the $2.860 assist or the 61.8% Fib retracement stage of the upward wave from the $2.6560 swing low to the $3.214 excessive. The subsequent main assist sits close to the $2.750 zone.

Technical Indicators

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

Hourly RSI (Relative Energy Index) – The RSI for XRP/USD is now under the 50 stage.

Main Assist Ranges – $3.00 and $2.950.

Main Resistance Ranges – $3.150 and $3.20.



Source link

Tags: BigconsolidationmovePriceStuckWheresXRP
Previous Post

XRP price prediction signals upward rally: Technical indicators suggest big run for WallitIQ (WLTQ) in February 2025

Next Post

Synthetix Doubles Infinex Rewards for sUSD Deposits

Related Posts

XRP Wave Structure Predicts Wild Fluctuations On Its Way To $4 ATH
Analysis

XRP Wave Structure Predicts Wild Fluctuations On Its Way To $4 ATH

June 6, 2025
XRP price forecast as Ripple USD (RLUSD) volume drops
Analysis

XRP price forecast as Ripple USD (RLUSD) volume drops

June 7, 2025
Bitcoin at $104K, but falling MVRV ratio hints at short-term correction
Analysis

Bitcoin at $104K, but falling MVRV ratio hints at short-term correction

June 7, 2025
XRP Price Sends Mixed Signals After 4 Green Daily Closes, Crash Or Rally?
Analysis

XRP Price Sends Mixed Signals After 4 Green Daily Closes, Crash Or Rally?

June 6, 2025
A Buying Opportunity or Warning Sign?
Analysis

A Buying Opportunity or Warning Sign?

June 7, 2025
Over 60% of Pump.fun wallets lost money: report
Analysis

Over 60% of Pump.fun wallets lost money: report

June 5, 2025
Next Post
Synthetix Doubles Infinex Rewards for sUSD Deposits

Synthetix Doubles Infinex Rewards for sUSD Deposits

Cardano (ADA) at Risk: Breakdown Signal Suggests Further Decline

Cardano (ADA) at Risk: Breakdown Signal Suggests Further Decline

Why Choose Solana Meme Coin in 2025? | by steffy valmar | The Capital | Jan, 2025

Why Choose Solana Meme Coin in 2025? | by steffy valmar | The Capital | Jan, 2025

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