The demand is weakened at the weekend, as BTC and ETH merchants lose $ 50 million in liquidation

The price of XRP is up to $ 2, as BTC and ETH saw $ 50 million in the qualifiers, but derivative trading measures indicate that twice the size of the weekend may pressure altcoins.

The price of Ripple (XRP) carries $ 2, as Altcoins Mirror Pitcoin is for trade war stimuli

The price of Ripple (XRP) initially decreased to a minimum of 30 days about $ 1.80 with hours after Trump announced the sweeping tariffs during the editorial letter on Friday.

However, the momentum has positively swinging in recent days, as BTC holds a company more than $ 82,000 after China’s tariff by 34 % on Thursday, which enhances the investor confidence in the encryption markets as a category of crisis resistance assets.

The Ripple price has recovered by 12.5 % since Thursday, as it increased by $ 2.15 at the time of the press, according to CoinmarketCap data.

As shown above, the Ripple Price continues to unify the two dollars, which reflects the likes of ETC, BTC and SOL, which also defended the main psychological support levels about 1,800 dollars, $ 80,000 and $ 110, respectively during the past week.

Meanwhile, American stocks recorded first such as Apple, NVIDIA and Microsoft 15 % for the piece before the trading was closed on Friday.

Discourse market analysis: The purchase pressure of the encryption may slow down this week

With the highest -rated encryption assets including XRP, all major psychological prices are unified this weekend, it indicates support support at the market level, amid capital flows from investors who come out of stocks amid American trade war tensions.

However, given that the American markets are now closed, the volume of transitional capital flows may slow down until trading begins before the market.

Check this position, Coinglass Mashqat market data shows evidence of short -term rupture trading signals.

Details of the derivatives from Coinglass This position is strengthened. Over the past 24 hours, the encryption markets have seen a total of $ 110.65 million in the qualifiers, with long centers representing $ 85.10 million – more than 76 % of the total.

Bitcoin and Ethereum alone recorded about $ 50 million, with BTC traders reserve $ 36.32 million of references, followed by ETAREUM at $ 13.61 million.

The declining imbalance, especially the long -sized judiciary operations in the past 12 hours (67.11 million dollars compared to 13.48 million dollars), indicates an increasing number of excessive bullish situations that are removed.

This indicates the short -term exhaustion in buying momentum, which increases the possibility of a slight decline or taking side effects during the weekend.

With a high crane in the absence of an external demand for a temporary stop, trading on the weekend may turn into a defense with the XRP markets and other prominent altcoins.

Altcoin Strategic Traders will monitor the support test, especially if the financing rates start in the heart or low size before the open on Monday.

XRP price expectations: bulls facing resistance at $ 2.20, amid a weekend warning

With the week closing on April 5, XRP price plans on TradingView reflects the signs of fatigue in the short term after recovering to $ 2.15.

Despite five consecutive green candles, the XRP price remains less than 50 days of EMA at $ 2.21 and EMA for 100 days at $ 2.28. This reflects the pressure on the supply side still exceeds momentum, even with Bulls attempt to recover from its lowest level in March.

It is worth noting that EMA for 200 days near $ 1.95 operates as a main anchor. The breach below may operate the stops and reopen negative risks about $ 1.80.

The real power index (TSI) in the Habbiyah area of ​​-0.80, however it is flattened, suggests that the momentum of the sale slows down. It has weakened the size through the recent sessions, which confirms that the assembly lacks condemnation. A clear break will be needed over $ 2.22 to nullify the declining bias in the short term.

Until this happens, XRP remains vulnerable to withdrawing at the weekend. The bulls must defend $ 1.95 or deeper losses of risk in open next week. Less than $ 2.00 will reaffirm the sellers in the short term.

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Ibrahim

The encryption analyst that covers the derivative markets, macro trends, technical analysis and Defi. His business is characterized by in -depth market visions, price expectations and institutional research on digital assets.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.