Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 12837
Mercata: 99741
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
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Mercato
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Condividere
TimesTabloid 2025-02-10 06:01:17

Analyst Outlines XRP Next Targets If it Can Break 21-day EMA

Analyst Outlines XRP Next Targets If it Can Break 21-day EMA

XRP has been experiencing significant price fluctuations, drawing the attention of analysts and traders. EGRAG CRYPTO (@egragcrypto), a well-known analyst, recently provided an update on XRP’s performance using a 12-hour time frame. The analysis highlights crucial technical levels that could determine the cryptocurrency’s short-term direction. XRP Crucial Technical Levels According to the latest analysis, XRP must close above the 21 Exponential Moving Average (EMA) at $2.67 to regain bullish momentum. The 21 EMA is widely used by traders to assess short-term trends, and a sustained close above this level could indicate a potential shift toward an uptrend. Notably, this target is close to the $2.7 level highlighted as a crucial jump-off point by another analyst. On the other hand, failure to break above $2.67 may suggest continued bearish pressure. Beyond the 21 EMA, the next critical resistance level is at $2.81, which corresponds to the 0.702 Fibonacci retracement level. This level is particularly significant because Fibonacci retracement levels help traders identify potential price reversal zones. Resistance and Support Zones XRP is struggling to recover from the decline caused by recent tariff threats made by the Trump administration, and the immediate challenge for the asset is breaking through the 21 EMA at $2.67. If the price closes above this level, it would signal renewed strength in the market. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 However, the 0.702 Fibonacci retracement level at $2.81 presents an even greater obstacle. A decisive move past this level would indicate a potential uptrend continuation. On the downside, XRP has a key support level at $2.45, corresponding to the 50% Fibonacci retracement. If the price fails to maintain its position above this level, further declines could push it toward a lower support zone near $2.07. This would indicate a weakening trend and a possible continuation of the recent correction. XRP Potential Price Scenarios If XRP successfully surpasses both $2.67 and $2.81, bullish momentum could intensify, potentially leading to a test of higher levels at $2.96 (Fib. 0.786), and $3.16 (Fib. 0.888). However, if the price struggles to break through these resistance points, it could lead to a rejection and a potential decline toward lower support zones. The broader market sentiment, developments around XRP, and overall cryptocurrency trends will also influence the asset’s price action. If market conditions remain favorable and buying pressure increases, XRP could see the sustained uptrend many analysts are predicting. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Outlines XRP Next Targets If it Can Break 21-day EMA appeared first on Times Tabloid .

La maggior parte ha letto le notizie



Cryptohopper
Mercato
24h Vol
60.66%
Bitcoin Condividere
62
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta