XRP explodes by 9 %weekly, but is a correction imminent? (Ripple price analysis)

RippleDer Preis zeigt nach 4 Wochen Abwärtsbewegung endlich etwas Aufwärtstrend. Es gibt jedoch immer noch einige besorgniserregende Anzeichen in den Charts. Technische Analyse Von: Edris XRP/USDT-Tageschart Der Preis hat sich vom Unterstützungsniveau von 0,43 $ erholt, wobei der wichtige gleitende 200-Tage-Durchschnitt etwa auf demselben Niveau liegt. Derzeit wird der gleitende 50-Tage-Durchschnitt um die 0,47-Dollar-Marke herum getestet, aber XRP muss noch darüber brechen. Sollte es zu einem zinsbullischen Ausbruch kommen, wäre eine Erholung in Richtung des Widerstandsniveaus von 0,6 $ das wahrscheinlichste Szenario. Andererseits wäre ein Rückgang unter den gleitenden 200-Tage-Durchschnitt katastrophal, da ein Rückgang in Richtung der 0,3-Dollar-Marke und sogar …
Rippleder Price finally shows a little upward trend after 4 weeks down movement. However, there are still some worrying signs in the charts. Technical analysis of: EDRIS XRP/USDT-TART The price has recovered from the level of support of $ 0.43, with the important sliding 200-day average lying at about the same level. The sliding 50-day average around 0.47 dollar brand is currently being tested, but XRP still has to break it. If there is an interest bully outbreak, a recovery towards the resistance level of $ 0.6 would be the most likely scenario. On the other hand, a decline under the sliding 200-day average would be catastrophic, since a decline in the direction of the $ 0.3 brand and even ... (Symbolbild/KNAT)

XRP explodes by 9 %weekly, but is a correction imminent? (Ripple price analysis)

Rippleder Price shows a little upward trend after 4 weeks down movement. However, there are still some worrying signs in the charts.

technical analysis

from: Edris

XRP/USDT-TART

The price has recovered from the level of support of $ 0.43, with the important gliding 200-day average lying at about the same level. The sliding 50-day average is currently being tested around $ 0.47, but XRP has to break it.

If an interest bully outbreak should occur, a recovery towards the level of resistance of $ 0.6 would be the most likely scenario. On the other hand, a decline under the sliding 200-day average would be catastrophic, since a decline in the direction of the $ 0.3 mark and even more likely. This would probably extend the bear market.

The RSI indicator has also increased to over 50 % and is currently showing a bullish momentum.

XRP_Price_Chart_2105231 Tradingview

XRP/BTC-Ta-type

compared to BTC, XRP has finally broken out of the large downward channel after more than 6 months. The price has increased over the sliding 50-day average around the mark of 0.000017 and is currently attacking the resistance mark of 0.000018.

The sliding 200-day average, which tends to the price of 0.000019, could be the next goal if the price breaks through the 0.000018 mark. On the other hand, a decline could lead to a crash in the direction of the 0.000013 mark.

to judge the momentum signal of the RSI, a bullish scenario appears more likely.

xrp_price_chart_2105232 Tradingview

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