Analiza prețurilor XRP, Solana, ETC: 30 ianuarie

Indexul Crypto Frica și Lăcomia saw a 9 point surge over the last two days. Consequently, XRP pictured a slight bullish edge but still struggled to gather enough volumes. Besides, Solana and Ethereum Classic formed bearish patterns while their 4-hour RSIs flashed weakening signs.

Buyers need to step in to subdue the bearish tendencies of these cryptos.

XRP

Sursa: TradingView, XRP/USDT

Since the sellers stepped in the $0.8029-level, the alt has been on a steady descent. Then, it formed a descending channel (white) on its 4-hour chart that transposed into a bearish flag.

After breaking out of the previous down-channel (yellow), XRP sharply plunged by 32.6% (from 12 January) to touch its six-month low on 22 January. Now, the upper band of the Benzile Bollinger stood as an immediate barrier for the bulls.

La momentul scrierii, XRP se tranzacționa la 0.6174 USD. The RSI and price seemed to correlate for the most part. After hitting its 13-month low, it steadily marked higher troughs while maintaining a flatter upper trendline at the 55-mark. This movement revealed a bullish edge, but it still needs to close above its resistance to confirm a strong rally.

Stânga (STÂNGA)

Sursa: TradingView, SOL/USD

Losing the $132-mark was menacing for SOL’s bulls while the bears kept exerting sustained pressure. On top of it, the recent sell-off led to the alt losing 43.79% of its value (from 21 January). As a result, it marched toward its five-month low on 24 January.

Over the past few days, SOL has flashed a bearish pennant on its 4-hour chart. From here on, any pullbacks would find support at the lower trendline of the pennant.

La momentul scrierii, altcoin-ul s-a tranzacționat la 94.915 USD. După ce s-a prăbușit la un nivel record, cel RSI upturned by 37 points from the oversold territory. But it still faced a strong hurdle at the 56-mark. Although + DI și -DI lines undertook a bullish crossover, the ADX stood weak. This reading entailed a wobbly directional trend for SOL.

Ethereum Classic (ETC)

Sursa: TradingView, ETC / USDT

After losing the $36-$33.5 oscillation range, the bears have ensured to push the resistance from $33.58 to the $27.94-mark. As the sell-off phase initiated, ETC lost 39.98% (from 19 January high) until it hit its nine-month low on 22 January. 

The alt formed a bearish rising wedge on its 4-hour chart over the last few days. Now, the testing point for the bulls stood at the upper trendline of the wedge.

La momentul scrierii, ETC se tranzacționa la 25.49 USD. The RSI finally rose above the midline. Any fall below its trendline support (yellow) would propel a bearish edge. Further, the Strângeți indicatorul de impuls continually flashed black dots, reiterating a low volatility phase. If the buyers fail to step in, the sellers could initiate a further sell-off and transpose into a high volatility phase.

Source: https://ambcrypto.com/xrp-solana-etc-price-analysis-30-january/