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XRP closed less than 26 EMA, a decisive support level in strong rise, for the first time this year. This break indicates a possible change in momentum and high pressure high pressure. The original is currently hovering around an area where, buyers must intervene, other declines can accelerate. XRP is currently trading at about $ 2.88, indicating twice after a local level of more than $ 3.40.
The bulls seem to lose control based on their inability to maintain momentum and lose 26 EMA. If XRP does not recover quickly, the following logical support will be between $ 2.75 and $ 2.70, where the last unification occurred. The decline below this range would highlight the most powerful support area of $ 2.50. It is worrying to lose 26 EMA for the first time this year.
In the past, price corrections become more severe before a complete recovery occurs as soon as this moving average is lost in strong directions. Before trying another gathering, XRP may face a more important decrease if the sales pressure increases. XRP needs to restore 26 EMA, which is currently acting as resistance, in order to keep a water ascending state.
Running is likely to be about $ 3.20 to $ 3.30 if buyers pay the price to more than $ 3.00 after restoring confidence. But if this level is not recovered in the coming days, this may be a sign of a direction change and XRP may enter a brief, brief direction before the settlement. If $ 2.75 is suspended, there may be a simple correction. There can be a more important decline for XRP if broken.
Dukwin momentum lost
Dogecoin has officially decreased from the level of support of $ 0.30, which was previously restricting the declining momentum. In the absence of buyers who intervene quickly, this collapse can pave the way for additional declines because it indicates the increasing weakness. Due to its role as a technical and psychological support zone, the $ 0.30 loss is worth noting.
100 EMA, which historically provided strong support, less directly than the current price of Doug of $ 0.30. If this level does not recover immediately, there may be more important correction. If the decrease continues, $ 0.28 is the next important support level. It is in line with the previous monotheism and 200 EMA, which is a historical important average of the reversal of the direction, with this region.
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A breach of less than $ 0.28 may lead to more severe sales, making Doge closer to $ 0.26, which is the location of its latest accumulation. DOGE needs to return to the top of $ 0.30 and turn into support if the bulls regain control. The payment may be about $ 0.34, as 50 EMA is currently being placed, if the step exceeds $ 0.31 indicating the renewal of the purchase interest.
Dog will return to a stable range and stop lower more decrease if the restoration is successful. Dogecoin finds itself at a decisive turn. It is possible to recover if buyers enter quickly, but if 0.28 dollars are not held, a long decrease may result. The state of the market and public opinion will probably determine whether Doug stabilizes or continues to decline.
Ethereum stuck
The price of Ethereum is stuck in a declining direction worse. After several unsuccessful penetration attempts, the original is currently being traded at $ 3,101 and has difficulty getting momentum. The Cross of Death, a strong technical indicator that can push ETH to less, has become more likely with increased declining pressure, and EMA 50 is approaching quickly 200 EMA.
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The fact that ETH was making its highest level and its lowest level supported a specific declining direction. The bulls appear to decline based on the rejection of prices near the descending trend line and the failure of the failure above 3300 dollars. The falling trend of 50 EMA suggests an increase in the sale pressure; If it decreases to less than 200 EMA, Ethereum may face a new sale wave that will push it down.
ETHEREUM may continue to decline towards psychological support of $ 3,000 if it remains less than 3,150 dollars. The next important support level, $ 2,850, can see a decrease if there is a break less than $ 3000, which will increase the pressure pressure. The long -term rolling direction may be confirmed and more landfill movements may be turned on if 50 EMA cross less than 200 EMA.
In order to reflect this landmark, ETHEREUM needs to recover $ 3300 and convert it to support. The ongoing step in excess of $ 3,400 may change the market morale and indicate fresh bullish momentum. Ethereum is still in risk fraudulent position until then, with more negative risks than the upscale capabilities.
