XRP Price Rejected At $0.48, What’s Next For XRP?

XRP Price Rejected At $0.48, What’s Next For XRP?

XRP price has met with selling pressure each time the bulls tried to move past the $0.48 price level. XRP declined by almost 1% over the last 24 hours. Over the past week, the altcoin depreciated more than 6%. The bulls could be back on the chart if the coin breaks past its immediate resistance level. The technical outlook for XRP signalled that the bears are in control as demand for XRP had fallen. For the bulls to power through, it is important that demand for the altcoin returns to the market. At the moment, all technical indicators have painted a bearish image for the altcoin. If....


Related News

Bulls Put On The ‘Spot’ As VanEck Bitcoin ETF Is Rejected

Bitcoin ETF season has come to an abrupt halt as the spot-based ETF proposal by VanEck has been rejected by the Securities and Exchange Commission. Here is a closer look into why the SEC rejected the proposal, what this means for future approvals, and what it could mean for the cryptocurrency’s continued bull run. The […]

Bitcoin Beneath Key Support Level; What’s Next?

Bitcoin, the flagship cryptocurrency has remained below $40,000 over the past few days. The broader market correction has pushed altcoins to trade below their key support levels. Ethereum was priced below $3000 as the coin was rejected from the aforementioned price level. Bitcoin’s tough resistance stands at $40,000 as traders continue to exit the market […]

Bitcoin Gets Rejected At This Level For The First Time In 5 Years, Here Are T...

Bitcoin’s price action has been rejected at a price level that has acted as resistance and support in the past five years. This macro resistance level that has defined Bitcoin’s price ceiling for nearly five years has once again turned back the bulls, and the consequences could be far more severe than the price action […]

Avalanche Price Slips At $30 As AVAX Eyes Key Support

The price of Avalanche (AVAX) slips at $30 against Tether (USDT) as Avalanche (AVAX) eyes key support to hold the price from selling off. AVAX showed great strength rallying to a high of $30 but was rejected as Bitcoin’s (BTC) price continued to go lower, affecting the price of AVAX from trending higher. (Data from Binance) Related Reading: Why Bitcoin Is Oversold As BTC Reclaims Territory North Of $20,000 Avalanche (AVAX) Price Analysis On The Weekly Chart  According to the chart, the price of AVAX had a strong bullish bias at $30, but the price was rejected from that region,....

TA: Weekly Top 5 Crypto To Watch – BTC, ETH, BNB, TRB, EOS

The crypto market saw retracement across all boards with the crypto marketcap being rejected from its resistance of $1.2 trillion leaving top cryptos affected. This has led to market sentiments going back to bearish with many crypto assets sitting on the key support zone. Let us focus on the top 5 cryptos you should pay attention to this week. Related Reading: TA: Ethereum Bears Aim Big After Recent Breakdown Below $1,600 Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose. Top....