XRP Price Extends Dip, Are Deeper Losses Now on the Table?
XRP price extended losses and traded below $1.420. The price is now consolidating losses but faces hurdles near $1.4150 and $1.420. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $1.4120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.420. XRP Price Extends Losses XRP price failed to stay above $1.4350 and extended its decline, like Bitcoin and Ethereum.....
Related News
It could be "do or die" for Bitcoin bulls if BTC/USD returns under $27,000, Whalemap argues. Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop.In a tweet on the day, on-chain monitoring resource Whalemap defined the support levels Bitcoin bulls must defend in order to avoid fresh significant losses.Whales dictate "do or die" BTC price supportBitcoin's current "no man's land" price behavior has commentators split on whether the next decisive move will be up or down.While some are calling for....
BraveNewCoin is a cryptocurrency marketplace, but it goes deeper than that. For example, take a look at their price index: BraveNewCoin categorises cryptocurrencies into three main index groups; the BNC Index, BNC 2.0 and BNC Sovereign. Each is separately selectable for the BNC coin ranking table. But they go further than that, providing useful and relevant information such as Market Weighted Averages, Price Conversions, Fiat Exchange Rates, and Currency Conversion tools.
Bitcoin (BTC) stands firm at $93,257, a crucial support level that could determine its next major move. As the battle between bulls and bears intensifies, the stakes are high: a successful defense could spark renewed momentum, while a break below might trigger significant losses. As the market navigates this pivotal moment, this article aims to analyze BTC’s current position at the critical $93,257 support level, exploring the factors influencing its price movement. By examining key technical indicators and market dynamics, the goal is to assess whether the bulls can defend this level and....
Solana is under mounting selling pressure, sliding its price further into a correction phase. After struggling to maintain upward momentum, SOL has been steadily retreating, now approaching the crucial $164 support level. This key zone will determine whether the cryptocurrency finds stability or extends its downward trajectory. Market indicators suggest that bears remain in control, with momentum shifting in favor of sellers. If Solana fails to hold above $164, it could open the door to even deeper losses. However, if buyers step in to defend this level, it would trigger a price reversal.....
XRP price extended losses and traded below $1.50. The price is now consolidating losses but faces hurdles near $1.4650 and $1.50. XRP price started another decline and traded below the $1.50 zone. The price is now trading below $1.480 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.4450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.50. XRP Price Extends Losses XRP price failed to stay above $1.5350 and extended its decline, like Bitcoin and....