Falling below an important price area over a long period of time Wave ,xrp) Alarm bells started ringing.
recent fake etf The market was shaken by the news xrpBoth fundamental and technical analysis have been manipulated to a great extent. With the excitement generated by the news, the leading coin, which directly rose to $0.75, recovered to $0.60 in no time. Since then, XRP has not been able to rise and fell below an important support zone despite positive pricing against BTC.
What is the status of the charts of popular coins, which are not performing well in terms of both news flow and technical aspects? What levels should be monitored?
A correction towards $0.50 would not be surprising!
usually till now seconds Depending on the events, if XRP moves against the regulator or if BTC climbs to $38,000, it will aim for higher levels. In such a scenario, $0.6209 – 0.6306 – 0.6421 – 0.6679 – 0.6962 – 0.7324 and $0.7504 can be targeted respectively.
However, neglect of key support, signs of a comeback by BTC and any upcoming food news will really shake up the price. In such a case, $0.5797 – 0.5650 – 0.5468 and $0.5277 can be discounted respectively. Furthermore, if the monthly opening price is ignored, the pace of the decline will increase even more.
