Ripple’s (XRP) price has fallen to the support above $0.82. In the first instance, buyers intended to push XRP to the previous highs but were stopped at a lower high of $0.93 on June 14.
Immediately, XRP declined to a $0.82 low. A similar rejection occurred on June 9 at the same price level while the altcoin was making an upward correction.
If XRP has broken above $0.93 resistance in the two previous corrections, the market will rise to retest the resistance at $1.10. Nonetheless, if the bulls overcome the $1.10 resistance, Ripple will resume upside momentum. In the meantime, sellers have the upper hand as the crypto dropped to the previous low at $0.82. XRP/USD is likely to be range-bound between $0.82 and $1.10 if these levels remain unbroken.
রিপল সূচক বিশ্লেষণ
Ripple is at level 41 of the Relative Strength Index period 14. It indicates that the market is in the downtrend zone and below the centerline 50. The RSI appears to be sloping horizontally below the centerline 50. The 21-day and the 50-day SMAs are sloping downward indicating the downtrend.
প্রযুক্তিগত নির্দেশক:
প্রধান প্রতিরোধের স্তরগুলি - $ 1.95 এবং 2.0 ডলার
প্রধান সমর্থন স্তর - $ 0.80 এবং 0.60
রিপলের পরবর্তী পদক্ষেপটি কী?
Ripple is in a downward move. On the 4 hour chart, XRP price was making a series of lower highs and lower lows. XRP appears to have reached bearish exhaustion. Meanwhile, On June 4 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that Ripple is likely to fall to level 1.618 Fibonacci extension or level $0.8235. From the price action, XRP is consolidating above the 1.618 Fibonacci extension.
দাবিত্যাগ। এই বিশ্লেষণ এবং পূর্বাভাস লেখকের ব্যক্তিগত মতামত ক্রিপ্টোকারেন্সি কেনা বা বিক্রি করার জন্য সুপারিশ নয় এবং CoinIdol দ্বারা একটি অনুমোদন হিসাবে দেখা উচিত নয়। পাঠকদের বিনিয়োগের আগে তাদের নিজস্ব গবেষণা করা উচিত
