Ripple started a strong decline after it failed near $0.3700 兑美元. XRP price is currently testing a major support near $0.2600 和 100 中学 (H4).
- Ripple is down over 20% and it broke a couple of major supports at $0.3000 兑美元.
- The price tested the $0.2600 support zone and the 100 简单移动平均线 (4-小时).
- 有一条关键的看跌趋势线形成，阻力接近 $0.3320 在XRP / USD对的4小时图上 (数据来自Kraken).
- The pair must stay above $0.2600 和 $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 和 $0.3700. The bulls failed to remain in control, resulting in a sharp decline below the $0.3200 支持.
今天, bitcoin and ethereum saw a sharp decline as well, accelerating decline in XRP below the $0.3000 支持水平. The price declined over 20% and it broke the 23.6% Fib retracement level of the upward wave from the $0.1759 摆动低到 $0.3700 高高摇摆.
还有一条关键的看跌趋势线形成，阻力接近 $0.3320 在XRP / USD对的4小时图上. The price is now testing the $0.2600 support zone and the 100 简单移动平均线 (4-小时).
的 50% Fib retracement level of the upward wave from the $0.1759 摆动低到 $0.3700 swing high is also acting as a strong support.
If the price fails to stay above the $0.2600 和 $0.2500 support levels, there is a risk of a sharp decline. 在所述情况下, the price could continue to move down towards the $0.2200 和 $0.2120 support levels.
Fresh Recovery in XRP?
If ripple remains stable above the $0.2500 水平, there are chances of a fresh increase. An initial resistance on the upside is near the $0.2920 水平.
The first key resistance for the bulls is near the $0.3000 水平. The main resistance is now near $0.3300 and the bearish trend line. 收盘价之上 $0.3300 resistance zone could push the price towards the $0.3700 和 $0.3800 levels in the near term.
4-Hours MACD – The MACD for XRP/USD is gaining momentum in the bearish zone.
4-小时RSI (相对强度指数) – The RSI for XRP/USD is now well below the 50 水平.
主要支持级别– $0.2600, $0.2500 和 $0.2220.
主要抵抗水平– $0.2920, $0.3120 和 $0.3300.