2024

Coin

<ul class="news-points">
 <li><strong>XRP faces critical support at $0.3975 amidst a bearish trend, with resistance at $0.4615.</strong></li>
 <li><strong>High trading volume during down moves suggests strong selling pressure on XRP.</strong></li>
 <li><strong>Oversold conditions indicated by RSI suggest a potential price reversal for XRP soon.</strong></li>
</ul>
<p>XRP is <a href="https://coinedition.com/xrp-big-move-incoming-analyst-shares-5-year-pattern-in-the-making/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">searching for stability</a> after experiencing a significant downtrend. As noted by Bill Morgan, a lawyer and crypto enthusiast, XRP’s price has fallen to just over $0.40, with a recent high of $0.4615 and a low of $0.3975 within the specified period. The ongoing bearish trend is evident in a series of red candlesticks, indicating a consistent decline in price.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Acquired more XRP at just over $0.40 <a href="https://t.co/89RTRrSG26" target="_blank" rel="noopener noreferrer nofollow">https://t.co/89RTRrSG26</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1809098613131522136?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The immediate support level for <a href="https://coinedition.com/xrp-demand-soars-as-hashdex-etf-requires-215-xrp-per-share/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">XRP</a> stands at $0.3975. This level is crucial as it is where buying interest might increase, potentially preventing the price from falling further. Conversely, the immediate resistance level is identified at $0.4615. At this level, selling interest may rise, potentially hindering the price from climbing higher.</p>
<p>XRP has formed lower highs and lower lows, a clear sign of a bearish trend. For the price to halt …</p>
<p>The post <a href="https://coinedition.com/can-xrp-0-3975-support-hold-against-bearish-momentum/" rel="noopener noreferrer nofollow">Can XRP $0.3975 Support Hold Against Bearish Momentum?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Can XRP $0.3975 Support Hold Against Bearish Momentum?

Coin Edition

5 जुल॰ 2024 को प्रकाशित अन्य लेख

Biden’s reelection odds brush single digits on Polymarket

What’s Next For Ethereum (ETH) as Price Hovers $3,000?

Former Northern Data Executives Accuse Tether-Backed Company of Fraud

Crypto Guru predicts shiba inu price rally, WienerAI to surge

XRP Holds Bullish 2014-2017 Pattern Unless This Happens: Analyst

High-Value Airdrops July 2024

रोजाना क्रिप्टो अपडेट पाने के लिए हमारे मुफ्त न्यूजलेटर से जुड़ें!