XRP Price Hovers at Key Support, Fueling Debate Over Incoming Breakout

XRP Price Hovers at Key Support, Fueling Debate Over Incoming Breakout

XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.00. XRP Price Dips Again XRP price attempted a recovery wave above $2.150 but failed to continue higher, like Bitcoin and Ethereum. The price....


Related News

Ethereum Posts Clear Breakout as Investors Eye Price Discovery

Ethereum has seen some strong momentum throughout the past few days, with buyers taking control as its price now hovers firmly above $1,400 The selling pressure in this price region has been dissipating with each visit, signaling that bulls could be on the cusp of sparking a breakout rally Where the market trends in the […]

Solana Price Prediction for September: Analysts Target Breakout as Snorter To...

Solana is experiencing a September to remember. In just two weeks, $SOL has surged 23.5%, leaving $BTC (+6.9%) and $ETH (+6.4%) in the dust. The surge occurs as Galaxy Digital acquires 6.5M $SOL, roughly $1.55B worth, fueling speculation that institutions are front-running the next big breakout. For traders, that’s a signal worth watching: when whales […]

Bitcoin Price Drops: Where do We Go From Here?

A bit of a fall has occurred on bitcoin’s side. Since our last price piece, the bitcoin price has stumbled by about $12 and now hovers at $628. Bitcoin Price Heading South? One source writes: “The levels in focus moving forward are in terms support to the downside at 629, and in-term resistance to the upside at 632. Just as with this morning, this width of range is far too tight to go at with an intra-range approach, so it’s all about breakout for now. If price closes above in terms of resistance, we will get in long towards an immediate upside target of 637. A stop on the trade at 630....

XRP Final Test: Will Wave 4 End With One More Shakeout Before Liftoff?

XRP hovers at a key resistance, signaling a crucial decision point. With momentum building, traders now wonder, will one final dip come before the next major breakout? XRP Faces A Crucial Decision Zone Amid Ongoing Range CasiTrades, in a recent market update, highlighted that XRP continues to range within a critical zone, keeping its setup for a potential final wave down valid. The analyst noted that the price remains at a key decision point, with ongoing tests of the Wave 4 highs acting as a firm ceiling against further upside movement.  Related Reading: Boom Incoming? XRP’s Market Setup....

Solana Price Prediction by ChatGPT: 200% Rally Incoming – Snorter Token Could...

Quick Facts: 1️⃣ Solana has taken strong support from a major upward trendline after Friday’s massive liquidation, signaling a potential rebound. 2️⃣ According to ChatGPT’s Solana price prediction, a breakout above $250 could propel the token toward $575 – a stunning 200% upside. 3️⃣ Investors are backing Snorter Token ($SNORT) as the next 1000x crypto, […]