XRP consolidates $ 0.50, is another rally in the emergence? (Ripple price analysis)

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RippleDer Preis von wurde abgelehnt, nachdem er versucht hatte, die bedeutende Widerstandsregion von 0,55 $ zurückzuerobern, und konsolidiert sich derzeit. Es steht jedoch vor einer entscheidenden Unterstützungszone, und die bevorstehende Aktion wird entscheiden Ripplekurzfristige Aussichten. Technische Analyse Von Shayan Das Tageschart Nach einem plötzlichen Wertanstieg überwand der Preis der Kryptowährung erfolgreich mehrere bedeutende Barrieren, was einen positiven Ausblick für die Zukunft schafft. Die Aufwärtsdynamik verlangsamte sich jedoch, als sie den bemerkenswerten Widerstandsbereich von 0,55 $ erreichte, was zu einem leichten Rückgang führte. Obwohl dieser Rückgang als kurze Korrektur angesehen werden könnte, bevor XRP weiter über die erwähnte Widerstandszone klettert, ist …
Ripleder Price of was rejected after trying to recapture the significant resistance region of $ 0.55, and is currently consolidating. However, it faces a crucial support zone, and the upcoming action will decide ripple -short outlook. Technical analysis of Shayan The Tatsart after a sudden increase in value, the price of the cryptocurrency successfully overcame several significant barriers, which creates a positive outlook for the future. However, the upward dynamics slowed down when it reached the remarkable resistance range of $ 0.55, which led to a slight decline. Although this decline could be regarded as a short correction before XRP continues to climb over the mentioned resistance zone, it is ... (Symbolbild/KNAT)

rippleder Price was rejected after trying to recapture the significant resistance region of $ 0.55, and is currently consolidating. However, it faces a decisive support zone, and the upcoming action will decide ripple -short outlook.

technical analysis

from Shayan

the daily

After a sudden increase in value, the price of the cryptocurrency successfully overcame several significant barriers, which creates a positive view for the future. However, the upward dynamics slowed down when it reached the remarkable resistance range of $ 0.55, which led to a slight decline.

Although this decline could be considered a short correction before XRP continues to climb over the mentioned resistance zone, it is important to note that the range between $ 0.476 (0.5 and 0.618 level of the Fibonacci retracement) is a decisive role in supporting the prize.

xrp_price_Chart_0904231 Tradingview

The 4-hour diagram

As shown in the graphic, Ripple experienced a sudden increase, broke out of the descending price channel and went through a short -term correction phase, whereby a symmetrical triangle pattern was formed.

Then XRP continued its upward trend by broke through the upper border of the triangle with a strong increase. Nevertheless, the rally ended when the price reached the decisive resistance zone of $ 0.55, which led to another correction phase in which the cryptocurrency formed a descending flag.

In summary, it can be said that if the price successfully exceeds the flag pattern and the level of resistance of $ 0.55 claims, this can trigger a significant increase. However, if there is a rejection, the smaller $ 0.48 zone as such acts ripple’s primary support in the 4-hour time frame.

xrp_price_Chart_0904232 Tradingview

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