Coin Gabbar Token

Price action has been taken by the bears, who are pushing prices lower. The next level of support is at $0.4650, and a fall below this level may drop prices as low as $0.4500. The 4-hour chart shows that prices have fallen to $0.4750 after a bearish trend.The market has experienced a significant sell-off, and prices have struggled to find buyers at higher levels. The next level of resistance is around $0.5000, and a rise over this level may result in prices reaching the $0.5500 level.<a href="https://www.coingabbar.com/en/crypto-currency/ripple-xrp-prices-usd" rel="noopener noreferrer nofollow">Ripple</a> price analysis shows bearish momentum, with a strong probability of further falling prices in the coming hours. The market has been taken over by bears. If the bulls do not respond quickly, the bears will swallow the market in the long run. However, because the bears have huge potential, they may be able to completely eat the market if the price breaches the support. The market dynamics may then move in favor of the bulls.The MACD indicator seen signal line is crossing the main line indicating selling pressure, and the RSI indicator is also cracking from the oversold zone, indicating that the sell-off may continue in the near term. On the four-hour chart, The digital asset is now in a long-term bearish trend, with the 50-day moving average at $0.47 and the 21-day moving average at $0.45. To signify a reversal in trend on the daily chart, the digital asset must return above the 200-day moving average.According to <a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow">Price Analysis</a>, The market capitalization of this XRP is estimated to be $23,529,094,642. The 24-hour trading volume for the coin is around $$2,454,595,387. XRP market capitalization has fallen by 2.07%. However, trade volume decreased by 43.96% during intraday trading. The market capitalization to volume ratio is 1.11.On the upside, $0.5000 serves as an immediate resistance level. The next important level of resistance is around $0.5200. A breach over $0.5200 might kick-start a new upward trend. The price might reach $0.5600 in the aforementioned situation. Any more advances might push the price towards the $0.6000 barrier zone.If XRP fails to break over the $0.5000 resistance level, it may begin to decline. On the downside, the $0.4600 support level offers immediate support. The key support level is about $0.4400. Any more losses might lead to a slide around the $0.4200 support level in the following sessions. If the price stays below $0.4200, it might drop as low as $0.4800.KEY LEVELS :RESISTANCE LEVEL : $0.5000-$0.5300SUPPORT LEVEL :$0.4500-$0.4200The bulls have been unable to break through the top level of the bullish flag pattern, and bears have taken control of the bulls, with major resistance serving as selling pressure. Have you seen something unusual on a chart?

XRP PRICE ANALYSIS CMP-$0.4750 Bears have a short-term lead over bulls

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