Ripple started a strong decline after it failed near $0.3700 contre le dollar américain. XRP price is currently testing a major support near $0.2600 et le 100 École secondaire (H4).
- Ripple is down over 20% and it broke a couple of major supports at $0.3000 contre le dollar américain.
- Le prix testé le $0.2600 support zone and the 100 moyenne mobile simple (4-heures).
- There is a key bearish trend line forming with resistance near $0.3320 on the 4-hours chart of the XRP/USD pair (data source from Kraken).
- The pair must stay above $0.2600 et $0.2500 to start a fresh increase in the near term.
Ripple’s XRP Price is Down 20%
In the past few days, ripple’s XRP price made two attempts to gain strength above $0.3650 et $0.3700. The bulls failed to remain in control, resulting in a sharp decline below the $0.3200 soutien.
Aujourd'hui, bitcoin and ethereum saw a sharp decline as well, accelerating decline in XRP below the $0.3000 support level. The price declined over 20% and it broke the 23.6% Fib retracement level of the upward wave from the $0.1759 balancer vers le bas $0.3700 swing high.
There is also a key bearish trend line forming with resistance near $0.3320 on the 4-hours chart of the XRP/USD pair. The price is now testing the $0.2600 support zone and the 100 moyenne mobile simple (4-heures).
le 50% Fib retracement level of the upward wave from the $0.1759 balancer vers le bas $0.3700 swing high is also acting as a strong support.
If the price fails to stay above the $0.2600 et $0.2500 niveaux de support, there is a risk of a sharp decline. In the stated case, the price could continue to move down towards the $0.2200 et $0.2120 niveaux de support.
Fresh Recovery in XRP?
If ripple remains stable above the $0.2500 niveau, there are chances of a fresh increase. An initial resistance on the upside is near the $0.2920 niveau.
The first key resistance for the bulls is near the $0.3000 niveau. The main resistance is now near $0.3300 and the bearish trend line. Une fermeture au-dessus de la $0.3300 resistance zone could push the price towards the $0.3700 et $0.3800 niveaux à court terme.
4-Hours MACD – The MACD for XRP/USD is gaining momentum in the bearish zone.
4-Hours RSI (indice de force relative) – The RSI for XRP/USD is now well below the 50 niveau.
Principaux niveaux de support - $0.2600, $0.2500 et $0.2220.
Niveaux de résistance majeurs - $0.2920, $0.3120 et $0.3300.
Bloquons les annonces! (Pourquoi?)
La source: Actualitésbtc