gtag('config', 'G-0PFHD683JR');
Crypto News

Prediction at XRP price for today (June 13): Will you keep the highest support or decline?

Ripple has been locked in a narrow horizontal channel since early May, while trading between $ 2.10 and $ 2.30.

This is in line with expectations from the previous prediction of our XRP price, as we noticed that the price is likely to remain linked between $ 2.25 and $ 2.35 unless a large size or stimulus appears.

This has proven accurate so far, with XRP inability to liberate from either direction. The latest price procedures show that the sellers are preparing for momentum after a failed recovery attempt towards the upper border of the domain.

The highest level was formed clear, and confirms the latest daily candle, renewed sales activity. While the support level of $ 2.10 has been held several times, repeated rejection near $ 2.30 indicates the buyer of the buyer.

source: Tradingvief.com

Let’s divide what technical indicators show now.

Readings XRP indicators on the daily chart

namevaluean act
RSI (Relative Power Index)29.644Excess lands, Habboudia tone
Random (stochastic oscillator)55.104Moderate emerging crossings, early healing
MACD (moving average rapprochement)-251.0039Deep sums, heavy sale pressure
CCI (commodity channel index)-251.0039Deep sums, heavy sale pressure
ATR (Average real range)0.0171High fluctuations, severe fluctuations inside the day
The final oscillator33.321Disclical reading, the accumulation of weak power

Indicators indicate The price of XRP under fixed declining pressureBut excessive readings on RSI and CCI hint until short -term wearing can develop.

Stochastic oscillator shows early signs of transformation, but there is no confirmation yet. High fluctuations indicate that price fluctuations can intensify in either direction.

What tells us moving averages

Looking at Moving averages In all fields, XRP signs “sell” signs on all major time frames. Simple moving averages are placed for 20 days, 50 days, 100 days, 200 days, captive and captive higher than the current price, which reflects the continuous declining structure.

This alignment confirms this The price of XRP remains in a wider landing directionAnd any attempt to recover you will first need to restore these levels before changing the direction of the market. Without this transformation, the moving averages continue to sign towards selling the momentum that dominates the current scene.

Also read: Ripple (XRP) vs Hedra (HBAR): which has more bullish capabilities in this bull run?

Prediction at XRP price for today (June 13)

Haboudia’s case:

If XRP fails to keep the support zone of $ 2.10, the price may slip at the psychological level of $ 2.00. This would confirm the collapse of the domain and can accelerate the landfill, especially if the volume increases.

Realistic state:

If the horizontal channel remains intact, the XRP price is likely to trade between $ 2.10 and $ 2.30 throughout the day. This would continue to unify the current side, with cross tests for both borders depending on the wider market activity.

The upscale issue:

If XRP collapses over the resistance area of ​​$ 2.30 with a strong size, the payment becomes about $ 2.40 or as possible. However, this step requires a renewed buyer’s activity and there is likely to have a positive transformation in comprehensive encryption morale.

Nowadays, the XRP structure prefers trading. A decisive step will be needed beyond any of the borders before the momentum changes.

Subscribe to Our YouTube channel For daily encryption updates, market visions, and expert analysis.

https://www.youtube.com/watch?

We recommend etoro

We recommend etoro

Do not invest unless you are ready to lose all the money you invest. This is a highly dangerous investment and you should not expect to protect it if something happens. Take two minutes to learn more

The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.

Smart encryption
How is it Ordinary people achieve the returns of up to 70 % a year without danger? By setting up BOT Pionex Grid for free – click the button to learn more.
Crypting arbitration is still working like magic, if you do it properly! Check the alphador, which leads the encryption arbitration robot to find out the best way to do so.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button