
XRP Price Correction Deepens After Failed Attempt to Hold Gains
XRP price is correcting gains from the $3.120 zone. The price is now trading below $3.00 and remains at risk of more losses in the near term. XRP price is showing bearish signs from the $3.120 resistance. The price is now trading below $2.950 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $3.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to down if it stays below the $3.00 zone. XRP Price Dips Again XRP price attempted more gains above the $3.050 zone but struggled, like Bitcoin and Ethereum.....
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Bitcoin price recovered above $48,000, but it failed near $50,000 against the US Dollar. BTC is now holding gains above $47,000 and it is likely to make another attempt to surpass $50,000. Bitcoin is consolidating gains above the $47,000 and $46,500 support levels. The price is now trading well above $47,000 and the 100 hourly […]
Ethereum price was only able to correct a few points until it found sellers once again versus the US Dollar, and declined towards the last low. Key Highlights. ETH price started a correction yesterday against the US Dollar, but failed to hold the momentum. There was a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which was broken during the downside reversal. The pair found offers near the 100 hourly simple moving average, and declined. Ethereum Price Hurdle. Ethereum price was seen correcting yesterday against the US Dollar, and I was hoping for it to....