- XRP has been trading about $ 2.55 over the past 24 hours.
- The market witnessed $ 10.62 million in XRP qualifiers.
Reble’s XRP fights to escape from Haboudia fist. Analysts expect that the disinfection of this obstacle can lead to climbing towards new levels. The last XRP gathering looks fragile, as the gains are glimpsed to a potential fake.
XRP remains less than $ 2.60, and the test phase is raised. altcoin Record A decrease of 4.18 % in the last 24 hours. XRP visited the highest daily level of $ 2.73 in the first hours, from the lowest special price at $ 2.55.
At the time of writing this report, Altcoin is trading at $ 2.55 with daily trading volume of $ 4.73 billion. The market witnessed 10.62 million dollars filtering From XRP during this break.
It is worth noting that the Securities and Stock Exchange Committee (SEC) received a file from MEMX, an American stock exchange, to include ETF XRP classified as “commodity -based confidence”.
Can XRP restore momentum?
The XRP price may face a steady decrease if it slipped to a range of $ 2.47. The break may lead to a below this level with the pressure pressure to more from the downside of about $ 2.20. This can delay the recovery attempts, and open the door for more losses.
Assuming that XRP maintains a group of $ 2.62 firmly, it may exceed a $ 2.70 threshold. In the case of the formation of the golden cross, the asset can re -test its decisive resistors, and if broken, it may be preparing to operate at the sign of $ 3.
The medium rapprochement line (MACD) crosses the original at the bottom of the signal line, which indicates the declining momentum. It is a sale signal or a mark out of sites. Cross hints that the market can continue to move.
In addition, the CHIKIN (CMF) money index in -0.14 indicates moderate sale pressure. The negative value is alluded to selling more than purchase. At the same time, the daily trading volume of XRP increased by more than 14.12 %.
24 -hour trading chart from Altcoin Exhibition Bull Bear Power (BBP) at a value of -0.0245, noting that the bears control a little on the market. The daily relative strength index in XRP (RSI) lies at 46.18, and is in a neutral feeling tired.
Release responsibility: The opinion expressed in this article is only the author. It does not represent any investment advice. TENEWSCRYPTO team encourages everyone to conduct their own research before investing.
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