XRP Faces Critical Technical Level At $2.73 — Why It Matters
Over the last week, XRP slipped below the psychological $3 support level as it lost about 7.02% of its price value. Since then, the altcoin has maintained a steady price consolidation around the $2.78-$2.79 region, without retesting the newly formed resistance level. Meanwhile, recent on-chain data has provided some cautionary market insights, highlighting a key support zone. Related Reading: Crypto Suffers Nearly $1 Billion In Liquidations As Bitcoin Extends Decline XRP Bulls Must Avoid Crash Below $2.73 – Here’s Why In an X post on September 27, crypto analyst Ali Martinez....
Related News
Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […]
Bitcoin faces pullback risk as U.S. stocks begin to drop following a six-week rally. U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500.The daily price chart of Bitcoin (Coinbase). Source: TradingViewCOVID-19 cases in the United States and Europe are continuously surging despite strict restrictions. Sweden, for instance, which has thus far relied on voluntary measures, has implemented a new set of restrictions.Since Oct. 30, the Dow....
The Ethereum price has spent the past weeks stuck in a wide consolidation zone, testing bullish momentum as analysts anticipate its next big breakout. One market expert has highlighted a critical level for ETH, suggesting that as long as the second-largest cryptocurrency can hold above this level, its path to surpassing the $5,000 milestone remains intact. Ethereum Price Faces Critical Level At $4,400 According to market expert Daan Crypto Trades on X social media, Ethereum’s recent price action has been choppy following two slow weeks of trading. The analyst’s chart shows that ETH has....
Ethereum is now holding above critical support levels after a volatile few weeks, but it continues to struggle with reclaiming key resistance zones. Bulls have managed to regain some momentum, helping ETH stabilize above the $1,700 level. However, to confirm a true bullish structure and shift sentiment decisively, Ethereum must reclaim and hold higher ground in the coming days. Related Reading: Ethereum Attempts First Major Horizontal Reclaim In Months – Can Bulls Hold the Line? Top analyst Daan shared a technical setup highlighting a promising development: Ethereum is flipping a previous....
The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering matters, including critical issues that the IMF raised in earlier reports.
International Monetary Fund in Talks With El Salvador
While the International Monetary Fund disagreed with the move that El Salvador made last year by declaring bitcoin as legal tender, it is still having regular talks....