Ripple formed a support base above $1.16 and it is now rising against the US Dollar. XRP price could start a strong increase if it clears the main $1.50 阻力区.
- Ripple is showing positive signs above the $1.20 和 $1.30 resistance levels against the US dollar.
- 价格现在远高于 $1.3500 和 100 简单移动平均线 (4-小时).
- There is a major contracting triangle forming with resistance near $1.50 在XRP / USD对的4小时图上 (数据来自Kraken).
- The pair is likely to start a fresh rally if it clears the $1.500 阻力区.
Ripple’s XRP Price Eyes Fresh Rally
This past week, ripple’s XRP started a downside correction from well above $1.65. XRP extended its decline below the key $1.50 支持, similar to bitcoin and ethereum.
It opened the doors for a nasty spike below the $1.20 支持. 然而, the bulls were active above the $1.15 水平. 在附近形成低点 $1.162 and the price is now rising. 它打破了 $1.25 和 $1.30 抵抗水平.
突破了 23.6% 斐波拉契回撤位从 $1.97 高到 $1.162 摆动低. 现在它的交易价格远高于 $1.3500 和 100 简单移动平均线 (4-小时). There is also a major contracting triangle forming with resistance near $1.50 在XRP / USD对的4小时图上.
The triangle resistance near $1.50 holds the key. The next hurdle could be $1.56. 它靠近 50% 斐波拉契回撤位从 $1.97 高到 $1.162 摆动低.
A successful break above the triangle resistance and then $1.56 could set the pace for a fresh surge. 在这种情况下, the price could even rally above the $1.65 和 $1.70 等级.
Dips Limited in XRP?
If ripple fails to clear the $1.5000 resistance or $1.560, it could correct further lower. 下行方面的初步支撑接近 $1.3200 水平和 100 中学.
下一个主要支撑位在 $1.28 水平和三角形下降趋势线. Any more losses might call for a drop towards the $1.15 即将举行的会议的支持区.
4-Hours MACD – The MACD for XRP/USD is slowly gaining pace in the bullish zone.
4-小时RSI (相对强度指数) – The RSI for XRP/USD is now above the 50 水平.
主要支持级别– $1.32, $1.28 和 $1.15.
主要抵抗水平– $1.50, $1.56 和 $1.65.