mirror

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
</figure> 
According to the <a href="https://u.today/ethereum-eth-price-analysis-for-august-3" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>, buyers are trying to return to the game. 
<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="5a9e2375-11a7-4e14-b6c3-8ebeb6037f41" src="https://u.today/sites/default/files/inline-images/top10_580.png"> 
Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 id="xrp-usd">XRP/USD</h2> 
The price of XRP has fallen by 0.53% over the last 24 hours. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="0c3972bc-ce39-4076-8e74-90f34cb8fb16" src="https://u.today/sites/default/files/inline-images/xrp1_79.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Traders should monitor the local resistance level at $0.6657 on the local chart. Should the day close near this value, a breakout could potentially trigger an increase towards the $0.67 region in the near term. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="477f6b1a-0da0-4585-b6ae-7685a7fd02c4" src="https://u.today/sites/default/files/inline-images/xrp2_73.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily chart, the situation remains bearish as the price is below the vital mark of $0.6812. As long as the price remains below this level, a drop is more likely than a rise. 
In this instance, a correction could potentially result in the testing of the $0.63-$0.64 zone in the near future. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="00b80204-e593-4a4d-9425-03067569acc3" src="https://u.today/sites/default/files/inline-images/xrp3_65.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the mid-term point of view, traders should focus on the level of $0.6740. If the bar closes below this level and the bulls fail to take control, there might be a continuation of the decrease to the mirror level of $0.60 in the coming weeks. 
XRP is trading at $0.6641 at press time.

XRP Price Analysis for August 4

Innehållsförteckning

U_Today

Andra artiklar publicerade 4 aug. 2023

Coinbase says tokens are not securities, asks judge to toss SEC complaint

Bitcoin (BTC) Volatility Drops to Historic Low, Turbulence Coming?

Bitstamp's XRP Announcement Leaves Community Upset, XRP and BTC Print Golden Cross, SHIB to Host ...

Will Berkshire Hathaway Stock Attain Highest Trading Price?

Binance Labs Funds Promising Blockchain Projects from the MVB Program!

Borroe presale attracting investors, Cardano remains volatile

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!