XRP cannot keep up, does a crash come under $ 0.45? (Ripple price analysis)

RippleDie Kursbewegung von war in letzter Zeit relativ bärisch, nachdem eine Ablehnung von einem signifikanten Widerstandsniveau aus erfolgt war. Derzeit wird XRP in der Nähe eines wichtigen Unterstützungsniveaus gehandelt, und seine Reaktion würde den kurzfristigen Markttrend bestimmen. Technische Analyse Von: Edris XRP/USDT-Tagesdiagramm Der Preis bewegt sich um den gleitenden 50-Tage-Durchschnitt und liegt nahe der 0,46 $-Marke. Ein Zusammenbruch dieses gleitenden Durchschnitts würde dazu führen, dass sich der Markt weiter in Richtung des Unterstützungsniveaus von 0,4 $ und des gleitenden 200-Tage-Durchschnitts zurückzieht. Umgekehrt würde eine Erholung von einem dieser Unterstützungsniveaus zu einer weiteren Erholung und einem möglichen Ausbruch über den bedeutenden …
Rippledie price movement of was relatively bearish recently after a rejection of a significant level of resistance had been rejected. XRP is currently being traded near an important level of support, and his reaction would determine the short -term market trend. Technical analysis of: EDRIS XRP/USDT daily diagram The price moves around the sliding 50-day average and is close to the $ 0.46 mark. A breakdown of this moving average would cause the market to continue to withdraw towards the level of support of $ 0.4 and the sliding 200-day average. Conversely, a recovery from one of these levels of support would continue to rest and a possible outbreak about the important ... (Symbolbild/KNAT)

XRP cannot keep up, does a crash come under $ 0.45? (Ripple price analysis)

rippledie price movement of was relatively bearish lately after a rejection of a significant level of resistance had been rejected. XRP is currently being traded near an important level of support, and its reaction would determine the short -term market trend.

technical analysis

from: Edris

XRP/USDT daily diagram

The price moves around the sliding 50-day average and is close to the $ 0.46 mark. A breakdown of this moving average would cause the market to continue towards the level of support of $ 0.4 and the sliding 200-day average.

Conversely, a recovery from one of these levels of support would lead to further recovery and a possible outbreak over the significant resistance range of $ 0.6. The RSI has also shown values ​​below 50 %, which indicates the declining momentum in this time frame and increases the likelihood of a deeper decline.

Xrpusdt Daily-May 4, 2023 TradingView

XRP/BTC-Tageniagramm

With a view to the paired BTC diagram, XRP has not managed to break out of the considerable descending channel again, and generates lower highs and lows. The sliding 50-day average was broken down, and the price is currently testing the level of support of 0.000015.

If this level is broken, a crash in the direction of the level of 0.000012 would be likely. The RSI also tends less than 50 %because the momentum on this chart is clearly declining.

XRPBtc Daily-May 4, 2023 Tradingview

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