Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100679
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Moralis Money
Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
BitcoinSistemi 2025-04-19 09:10:08

What Will Happen to XRP in the Coming Days? Are We In A Bull Trap, Or Is A Rally Coming?

What Will Happen to XRP in the Coming Days? Are We In A Bull Trap, Or Is A Rally Coming?

Cryptocurrency analytics firm MakroVision has assessed the current chart outlook for Ripple (XRP). The company says that XRP is in a critical testing phase after breaking out of a months-long downtrend. Whether this situation is a harbinger of a sustainable rise or just a bull trap will become clear in the coming days. According to the analytics company, XRP has managed to break above the long-standing red downtrend line. Similar breakouts have been followed by rapid pullbacks in the past, but this time the pullback is softer and is progressing in a corrective structure. The price is currently trading at around $2.03, which is the area where the broken trend line is being retested. This level is critical for direction. According to MakroVision, the critical resistance and support levels are as follows: $2.20 to $2.23: First strong resistance band ahead. $2.29 level: It stands out as the 0.382 Fibonacci retracement level. In the bullish scenario, the next targets are $2.48 and then $2.65. Above this level, there could be room to open up to the “golden pocket” region. Related News: BREAKING: Spot ETF Application Filed for Surprise Altcoin $2.03 level: The broken trend line needs to act as a retest zone. $1.96: Last structural support. A drop below this level could jeopardize the positive technical outlook. Analysts made the following final comments: “XRP is showing strength again. However, this time its durability is being tested. If it can hold above $2.03, it could be a strong bullish sign. Otherwise, a drop below this level could put selling pressure on investors.” *This is not investment advice. Continue Reading: What Will Happen to XRP in the Coming Days? Are We In A Bull Trap, Or Is A Rally Coming?

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
62.39%
Bitcoin Share
287
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.