The price of Ripple (XRP) is losing $0.75 support as the altcoin plunges to a low of $66. The bears broke the support at $0.75, which held for the last two weeks. The bullish scenario is now moot as the altcoin comes under selling pressure once again.
The cryptocurrency is likely to fall further to the low of $0.60. However, it is likely that the downtrend will pause above the $0.68 support as the market resumes its downward movement.
If the altcoin pauses, the XRP price could rise back above the current support. The cryptocurrency could regain the previous high of $0.85. However, if the selling pressure drops below the $0.68 support, the altcoin will reach the low of $0.60. Meanwhile, XRP/USD is trading at $0.68 as of press time.
ການວິເຄາະຕົວຊີ້ບອກຂອງ Ripple
Ripple is at level 43 of the Relative Strength Index for period 14. XRP has fallen into the downtrend area below the center line 50. This indicates that the cryptocurrency is capable of further upward movement. On the daily stochastic, the cryptocurrency is below the 20% area of the price indicator. It implies that the market has reached the oversold area. The selling pressure is likely to ease when the price reaches the low of $0.68.
ຕົວຊີ້ວັດດ້ານວິຊາການ:
ລະດັບການຕໍ່ຕ້ານທີ່ ສຳ ຄັນ - 1.95 ໂດລາແລະ 2.0 ໂດລາ
ລະດັບການສະ ໜັບ ສະ ໜູນ ຫຼັກ - 0.80 ໂດລາແລະ 0.60 ໂດລາ
ການເຄື່ອນໄຫວຕໍ່ໄປ ສຳ ລັບ Ripple ແມ່ນຫຍັງ?
XRP/USD has fallen to the low of $0.66 after the price dropped below the support level of $0.75. Bulls have bought the dips as the XRP price is above the $0.68 support. There are bullish candlesticks above the current support as the altcoin continues its uptrend. If XRP rises above the current support, the market will rally above the moving averages.
ປະຕິເສດຄວາມຮັບຜິດຊອບ. ການວິເຄາະແລະການຄາດຄະເນນີ້ແມ່ນຄວາມຄິດເຫັນສ່ວນບຸກຄົນຂອງຜູ້ຂຽນແລະບໍ່ແມ່ນຄໍາແນະນໍາທີ່ຈະຊື້ຫຼືຂາຍ cryptocurrency ແລະບໍ່ຄວນເບິ່ງເປັນການຮັບຮອງໂດຍ CoinIdol. ຜູ້ອ່ານຄວນເຮັດການຄົ້ນຄວ້າຂອງຕົນເອງກ່ອນທີ່ຈະລົງທຶນ
Source: https://coinidol.com/ripple-loses-0-75-support/