Following its recovery above the $1.00 support, Ripple has been in an upward move. Since May 1, XRP upward moves have been stalled below the $1.70 resistance zone. Buyers have not been able to sustain the bullish momentum above the recent high.
For the past week, Ripple is now in a range-bound movement below the $1.70 resistance level. If buyers push XRP above the resistance level, a retest at the $1.96 overhead resistance is likely. More so, if the bullish momentum is sustained above the overhead resistance, Ripple will attain a high of $2.50. However, if buyers fail to breach the $1.70 resistance level, the market will continue its range-bound movement below the recent high. XRP/USD is trading at $1.67 at the time of writing.
Ripple mutató elemzése
The altcoin’s price is attempting to break above the 21-day SMA. Ripple will be in the bullish trend zone if the price breaks above the 21-day SMA. XRP will resume an upward move in the bullish trend zone. Ripple is above the 40% range of the daily stochastic. This indicates that XRP has bullish momentum.
Műszaki mutatók:
Fő ellenállási szintek: 1.95 és 2.0 dollár
Fő támogatási szintek - 0.60 és 0.55 dollár
Mi a következő lépés a Ripple-nél?
Ripple has resumed a sideways trend. The upward move has been restricted below the resistance at $1.70. Meanwhile, on May 2 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Ripple is likely to rise to level 2.0 Fibonacci extension or the high of $2.54.
Jogi nyilatkozat. Ez az elemzés és az előrejelzés a szerző személyes véleménye nem ajánlás a kriptovaluta adásvételére és nem tekinthető a CoinIdol jóváhagyásának. Az olvasók befektetés előtt saját kutatást végezzenek.
