Prices are still worth $ 2.50 of XRP doubtful, and Dogoin (DOGE) pays great support again, ETHEREM (ETH) is not okay
Although XRP made recent attempts to penetrate the $ 2.50 barrier, it is still unclear whether it will be able to maintain this level. The sure penetration is far from some measures, although the original has shown some flexibility in the last sessions. Currently, XRP rotates $ 2.54, higher than the decisive psychological barrier of $ 2.50.
However, the absence of a large size supports this step casts doubts on the health of the hack. Traditionally, a high purchase pressure is needed for a successful escape, and the XRP Rally did not have the desired momentum until this stage. Technical indicators also offer a mixed image. Although it is higher than the 100 -day moving average, a bullish indicator, XRP still faces resistance near the $ 2.70 sign.
The possibility of decline is still high until this threshold passes. The continuation of monotheism is between $ 2.30 and $ 2.60 is the short -term scenario for XRP. The original may lose low support levels and re -test low support levels if buyers are unable to impose the price above $ 2.70.
However, XRP may acquire the power to move about $ 3.00 if it can keep more than $ 2.50 and generate consistent purchase interest. This scenario is still unclear, taking into account the situation of the market at the present time.
Dogecoin in it again
Dogecoin, which revolves around $ 0.22, again tests the decisive support level. Meme is having difficulty getting a bullish momentum after heading down the period, which raises questions about whether this support will keep it or if there are more imminent declines.
Since it has constantly failed to set new levels, Dog was pressure for weeks.
Although the comprehensive cryptocurrency market is still irregular, Dog has maintained a landfill due to its inability to overcome resistance levels. Now the most important field to monitor the support level of $ 0.22. Previous shrines were stopped through this price area, which was a strong defensive line. However, the support level tends to deteriorate whenever it is placed in the test.
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More sale pressure may be created if DOGE cannot keep more than $ 0.22, as the following important support is about $ 0.18. A recovery towards a scale of $ 0.25 -0.26 dollars may be where EMA is present for 50 days at the present time possible if the bulls are able to get $ 0.22 support.
Restore this level can pave the way for an additional recovery in a direction of $ 0.28. However, the noticeable height in purchasing pressure – which has not been in recent weeks – will be necessary to break these levels. On the other hand, the collapse of less than $ 0.22 will be a clear indication of the decline and may lead to an additional decrease of about $ 0.18. DOGE will be the ability to maintain this decisive support level as a major factor in determining its future given the market status.
Dogecoin, which approaches important support at $ 0.22, is at a turning point. The following important Doge step depends on whether this level carries or breaks. A relief gathering may occur if buyers enter, but if this area is not suspended, the losses may accelerate and reach $ 0.18. In the coming days, merchants must closely monitor the price movement.
Ethereum is not there
Ethereum has a stability problem after a series of sudden fluctuations. ETH is currently trading about $ 2287, indicating a modest recovery, but the general mood of the market indicates that the original is still far from being in a safe area. ETH was recently recovered from the $ 2100 support level in an attempt to restore high prices.
But even with this recovery, the original is still unstable. There is constant declining pressure, referred to in the declining direction for 50 days and 100 days. This upscale momentum, which is back away from ETH, is supported by maintaining a price of more than $ 2,500.
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On the positive side, the decisive resistance area is still a range of $ 2600-2700 dollars. Ethereum may restore enough power to challenge the 2900 dollar sign if it may rise above this level. However, any attempt is likely to be brief if there is no significant increase in size. Ethereum responded to market fluctuations more power than Bitcoin, which managed to maintain relative stability.
ETHEREUM may have another decrease to $ 2100 or less if he cannot rise above $ 2,600 in the coming days. The decrease of less than $ 2000 will be the worst scenario, which may likely lead to more panic.
