XRP price now eyeing $1.00 after key support level holds, BTC price soars
XRP price must break a key resistance level before $1.00 becomes a real possibility. While Bitcoin (BTC) is facing a potential new all-time high, other coins are showing strength as well. One of those coins is XRP, which has been going vertical in the previous weeks. XRP’s price surged from $0.22 to a high of $0.78 during the month of November, which immediately ended up in a massive correction towards $0.45.Let's take a look at the XRP price charts to determine whether this was an entry opportunity before the next leg up.The crucial zone around $0.45 holds as supportXRP/USDT 1-day chart.....
Related News
Solana price witnessed a strong bearish pull as major market coins also depreciated significantly on their charts. The altcoin fell by 6% over the last 24 hours. In the past week, Solana lost 14% of its market value. The bulls were trying to defend the coin at their nearest support level, however, the coin met with a sell-off over the past 24 hours. Over the last few days, Solana was trading sideways above its support level of $34. The recent depreciation on the chart caused SOL to fall below its immediate support level. If Solana price continues to move on the same price trajectory, a....
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00. Key Highlights. ETH price surged past more resistances against the US Dollar and traded above the $11.10 resistance. There is a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside. The price may continue to gain pace, and could even head higher towards the $12.00 handle. Ethereum Price Upside Surge. There was no stopping the ETH buyers, as the ETH price surged past....
Ethereum price looks like created a short-term top. A move below the $12.00 area may take the price towards the $10.50 support area. Intraday Support Level can be $11.80. Intraday Resistance Level may be $14.50. Ethereum price spiked on more time during the past couple of sessions, and traded as high as $15.16. There was a strong selling pressure noted around the stated level that took the price down. The last couple of 4-hours candles are very bearish, and suggesting that the bulls struggled to compete with the bulls. The price already traded near a bullish trend line formed on the....
Bitcoin price made a full retracement of the week’s advance and seems to be finding support at the base of the prior advance. By late yesterday, price had returned to the level from which this week’s advance had launched. Just prior to this report, the market again again tested this level at 2500 CNY and $380 ($375 in some exchange charts). Without acting on such anticipation, we might see a reversal here – back to a temporary advance and later returning to this very same level being established as a new support floor near $380 and 2500 CNY. The price pattern is reminiscent of a similar....
Ethereum price started to move higher. And, if the bulls remain in action there is a chance of a retest of the $14.20-50 resistance area. Intraday Support Level can be $13.00. Intraday Resistance Level may be $14.20. Ethereum price declined in the 3rd wave to trade near the $12.00 support area, which acted as a perfect buy zone and pushed the price back higher. The price is currently under a minor divergence, suggesting more gains. There is a two point resistance trend line forming on the hourly chart (data feed via Kraken), which can be seen as the next stop for the price. The price has....