XRP price nears rebound zone, but death cross keeps bulls cautious
XRP price trades near $1.33 as death cross signals, weak momentum, ETF inflows and deep MVRV losses create a mixed rebound setup this month.
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XRP price started a downside correction below the $1.350 zone. The price is now showing bearish signs and might decline further below $1.3120. XRP price started a downside correction after it failed to stay above the $1.350 zone. The price is now trading below $1.340 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.3550. XRP Price Dips Below Support XRP price struggled to stay above $1.3650 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.3550 and $1.3500 levels. The price declined below $1.340. There was a clear move below the 61.8% Fib retracement level of the upward move from the $1.30 swing low to the $1.3740 high. Besides, there is a bearish trend line forming with resistance at $1.3580 on the hourly chart of the XRP/USD pair. The price is now trading below $1.340
Read full articleXRP price trades near $1.33 as death cross signals, weak momentum, ETF inflows and deep MVRV losses create a mixed rebound setup this month.
Dogecoin corrected some gains from the $0.1050 zone against the US Dollar. DOGE is now holding the $0.10 support but could extend losses. DOGE price started a fresh downside correction below $0.1020. The price is trading below the $0.1020 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.10. Dogecoin Price Holds Support Dogecoin price started a downside correction after it failed to surpass $0.1050, like Bitcoin and Ethereum. DOGE declined below the $0.1035 and $0.1020 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0968 swing low to the $0.1048 high. The price even spiked below $0.10 before the bulls appeared. Besides, there is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair. Dogecoin price is n
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XRP has been grinding in sideways consolidation below key resistance since early February, showing no clear trend and offering participants little directional conviction despite weeks of waiting for a catalyst to force a decisive move. The indecision is real and the chart reflects it — but a CryptoQuant report tracking derivatives activity has identified two […]
A closer look at some of the important Ripple news from the last few days and a price update on XRP.
Ethereum price started a fresh decline and traded below $2,080. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline. The price is trading below $2,100 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,100 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,120 and started a downside correction, like Bitcoin. ETH price dipped below the $2,110 and $2,100 levels. The price even traded below $2,080. Besides, there was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD. A low was formed at $2,052, and the price is now attempting to recover. There was a recovery wave above the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,052 low.
XRP trades near $1.33 as $1.65 resistance caps recovery, while $1.10 and $0.87 remain key lower support levels. XRP is trading near a key support area after another failed move below the wider consolidation range. Traders are now watching the $1.65 resistance level, as a reclaim may be needed before any stronger recovery develops. XRP […] The post XRP Faces Final Flush Risk As $1.65 Resistance Blocks Recovery Move appeared first on Live Bitcoin News.
Bitcoin price started a downside correction from the $77,800 zone. BTC is showing bearish signs and might continue lower below $75,500. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $76,800 and the 100 hourly simple moving average. There was a break below a declining channel with support at $76,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $76,200 and $76,500 levels. Bitcoin Price Dips Further Bitcoin price failed to clear the $77,500 resistance zone. BTC started a downside correction and declined below the key support at $76,500 to enter a bearish zone. There was a move below the 50% Fib retracement level of the upward move from the $74,210 swing low to the $77,810 high. Besides, there was a break below a declining channel with support at $76,250 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $76,500 and the 100 hourly simple moving average. If the pr