XRP Bulls Defend $2.00—Is a Fresh Price Surge Loading?
XRP price started a fresh increase from the $2.00 zone. The price is now consolidating above $2.050 and might aim for an upside break above the $2.20 level. XRP price started a fresh increase above the $2.050 zone. The price is now trading above $2.080 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if it clears the $2.120 resistance zone. XRP Price Eyes Fresh Increase XRP price managed to stay above the $2.00 support....
Related News
Ethereum is holding the $1,240 and $1,220 support levels against the US Dollar. ETH price seems to be eyeing a fresh surge above the $1,300 and $1,320 resistance levels in the near term. Ethereum retested the $1,200 support zone, where the bulls took a stand. The price is now recovering towards the $1,300 resistance and […]
Bitcoin has seen some mixed price action as of late, with bulls struggling to defend the cryptocurrency against a break below $40,000 as bears try to reverse its momentum The crypto’s ability to hold above this level is promising, but it remains unclear as to how long it will hold If bulls can flip this previous resistance level into support, it could prove to be a strong base for the crypto to grow upon in […]
The Bitcoin price is now trading below the $19,000 level after the bulls failed to defend the coin at the aforementioned level. Over the last 24 hours, BTC fell by 1.2%, indicating that the coin was laterally trading. In the past week, the Bitcoin price has depreciated 6%. Buying strength continued to remain low on the one-day chart. Sellers have taken over, and it has been the same for almost a week. If the price of Bitcoin continues in this direction, the coin may fall to its immediate support zone. If the bulls have to defend BTC at the current price level, then buyers have to come....
Polkadot’s DOT started a fresh increase from the $28.00 support against the US Dollar. It is rising and the bulls seem to be eyeing an upside break above the $40.00 resistance DOT is holding the ground above the $35.00 and $36.00 levels against the US dollar. The price is trading nicely above the $35.00 support […]
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....