XRP kainuoja 0.37 USD, bet ar laukia dar viena avarija? (Ripple Price analizė)

Ripple has been experiencing a sideways trend below the stiff resistance for nearly three weeks and has remained range-bound between 0.36$ and $0.39 for the largest part.

Techninė analizė

By Pražilęs

The Weekly Chart:

It appears that neither side is able to take assert convincing dominance in the market for XRP. The bulls need to flip the horizontal resistance at $0.39 (in red) to start a rally. The intersection of this resistance with the descending line (in yellow) has created a relatively strong barrier.

Breaking this resistance could result in XRP charging at the subsequent target, which currently lies at $0.46. This would improve the overall structure and put bulls back on track. However, if the bears get the upper hand, the cryptocurrency could revisit the support at $0.33 (in green).

Pagrindiniai palaikymo lygiai: 0.33 USD ir 0.28 USD
Pagrindiniai pasipriešinimo lygiai: 0.39 USD ir 0.46 USD
Dienos slenkantys vidurkiai:
MA20: 0.44 USD
MA50: 0.71 USD
MA100: 0.69 USD
MA200: 0.48 USD

XRP / BTC diagrama:

Against Bitcoin, the price is struggling with descending line resistance (in red) and horizontal resistance at 1700 SATs (in yellow). From the bottom side, the 100-day moving average (in white) acts as a support line. The structure is bearish in the short term as we can see both lower highs and lower lows taking place. A close below 1500 SATs will trigger a corrective wave. On the other hand, if the bulls push XRP above 1,700 SATs, it will probably extend to the next target at 2,000 SATs.

Pagrindiniai palaikymo lygiai: 1500 SAT ir 1370 SAT
Pagrindiniai pasipriešinimo lygiai: 1700 SAT ir 2100 SAT