XRP breaks even even deeper, since $ 0.30 are in the game (Ripple price analysis)

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RippleDer Preis von ist in den letzten Wochen gesunken, wobei zwei signifikante gleitende Durchschnittslinien nach unten durchbrochen wurden. Der Preis könnte in den kommenden Tagen tiefer fallen, da es aus Sicht der technischen Analyse nicht gut aussieht. Technische Analyse Von: Edris XRP/USDT-Tagesdiagramm Wenn man sich das USDT-Diagramm ansieht, wurde der Preis aus dem signifikanten Bereich von 0,43 $ zurückgewiesen und hat sowohl die gleitende 50-Tage- als auch die 200-Tage-Linie des gleitenden Durchschnitts nach unten durchbrochen, die sich beide um die 0,4 $-Marke befinden. Derzeit zeigt der Markt eine hohe Bereitschaft, in Richtung der Schlüsselmarke von 0,3 $ zu fallen, wo …
Rip leather price has dropped in the past few weeks, with two significant sliding average lines being broken down. The price could fall deeper in the coming days because it does not look good from the point of view of the technical analysis. Technical analysis of: EDRIS XRP/USDT-TAGENAGRAMM When you look at the USDT diagram, the price from the significant range of $ 0.43 was rejected and has broken through the sliding 50-day and 200-day line of the sliding average, both of which are located by 0.4 $ brand. At the moment, the market shows a high willingness to fall in the direction of the key brand of $ 0.3, where ... (Symbolbild/KNAT)

rippleder price has dropped in the past few weeks, with two significant sliding average lines being broken down. The price could fall deeper in the coming days because it does not look good from the point of view of the technical analysis.

technical analysis

from: Edris

XRP/USDT daily diagram

If you look at the USDT diagram, the price from the significant range of $ 0.43 was rejected and has broken both the sliding 50-day and 200-day line of the sliding average, both of which are around 0.4 $ brand.

At the moment, the market shows a high willingness to fall towards the key brand of $ 0.3, where the lowest low of the current bear market is located. Therefore, a collapse of this area would be catastrophic for buyers, as this would further extend the bear market.

The RSI indicator has also fallen below the 50 %threshold, which demonstrates the current declining dynamics and increases the probability of a deeper short-term decline.

xrp_price_Chart_0303231 Tradingview

XRP/BTC-Ta-type

It does not look too optimistic about BTC either, since the market structure is clearly declining in the day of the day. Nevertheless, the price is currently above the level of 0.000015, and the sliding 50-day average, which is around the level of 0.000017, could be tested in the next few days if there is a recovery.

It is still expected that the declining price movement continues until the level of resistance of 0.000018 is intact. In addition, the RSI indicator increases after leaving the oversized zone and approaches the level of equilibrium of 50 %.

Since the indicator is still below the threshold, the bears still have control, and a decline in the direction of the 0.000015 mark is still very likely.

XRP_Price_Chart_0303232 Tradingview

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