Ripple Price Prediction: XRP/USD Stays Below $1.00 PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Predicția prețului Ripple: XRP / USD rămâne sub 1.00 USD

Predicția prețului Ripple - 24 mai

As reveals by the daily chart, the Ripple price is seen recovering from the intraday low of $0.74 amid the improved market sentiments.

Piața XRP / USD

Nivele cheie:

Niveluri de rezistență: 1.25 USD, 1.35 USD, 1.45 USD

Niveluri de asistență: 0.40 USD, 0.35 USD, 0.30 USD

Ripple Price Prediction: XRP/USD Stays Below $1.00 PlatoBlockchain Data Intelligence. Vertical Search. Ai.
XRPUSD - Diagrama zilnică

XRP / USD regains ground after a severe sell-off to $0.62 for the past few days. Currently, XRP/USD is changing hands at $0.86 as it is rising by 9% since the European session. Despite the recovery, the coin is still lower from this time of yesterday as the coin remains below the 9-day and 21-day moving averages.

Ripple Price Prediction: What to Expect from Ripple (XRP)?

Ripple preț lovituri puternice de recentele vânzări la nivel de piață, prețul criptomonedei ștergând marea majoritate a câștigurilor pe care le-a putut obține în ultimele luni. Între timp, este necesară o mișcare durabilă de peste 1.00 USD pentru a îmbunătăți imaginea tehnică și pentru a stabili balonul optimist pentru monedă, deoarece acest nivel de rezistență a fost testat, dar de fiecare dată, taurii au dat înapoi.

However, the daily chart shows that the price recovery is not too far from the lower boundary of the channel. This trend line has been tested as support on several occasions but once it is out of the way, the upside movement is likely to gain traction with the next focus towards the resistance levels of $0.1.25, $1.35, and $1.45 while the supports could be found at $0.40, $0.35, and $0.30 respectively.

When compares with Bitcoin, the Ripple price keeps moving around 2357 SAT below the 9-day and 21-day moving averages. After the coin touches the daily high at 2368 SAT today, the coin later retreated back and stays around the lower boundary of the channel. Meanwhile, as the market price remains below the 9-day and 21-day moving averages, one could say that bears are dominating the market as the sellers continued to put more pressure.

Ripple Price Prediction: XRP/USD Stays Below $1.00 PlatoBlockchain Data Intelligence. Vertical Search. Ai.
XRPBTC - Diagrama zilnică

However, if the Ripple price slides below the lower boundary of the channel, it may hit the support at 1700 SAT and below. Presently, the technical indicator Relative Strength Index (14) is moving below the 45-level as the market stays around the channel while the resistance levels lie at $3000 and above.

Sursă: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-stays-below-1-00

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