This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum had another flat week in terms of price action, ending it with a minor loss of 1%. The price has been moving sideways since early May, holding just above the key support at $2,400. This long consolidation could signal […]
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum finally woke up this week with a 12% price increase, which took it to the key resistance at $1,800. Since then, ETH entered a pullback, but buyers seem determined to eventually break the current resistance and challenge the $2,000 […]
Ripple recently faced rejection at the 100-day MA of $2.5, leading to a substantial decline. However, the price is now approaching a confluence of key support zones, increasing the likelihood of consolidation in the mid-term. XRP Analysis By Shayan The Daily Chart XRP recently encountered heightened selling pressure at the critical 100-day moving average ($2.5), […]
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days. This market-wide drop impacted almost all cryptocurrencies with most in double digit losses in the past week. In the […]
XRP drops to $2.2 as market turns bearish. Key Support levels: $2, $1.6 Key Resistance levels: $3, $3.4 1. Bears Return Over the past 24 hours, XRP’s price fell by 8% and approached $2.2. This has turned the momentum bearish, and the price could easily test the key support at $2 in the coming days […]
Ripple’s price has been on a massive uptrend over recent weeks, even with the flash crash it experienced a couple of weeks ago. Yet, for a further bullish continuation to materialize, a specific resistance range needs to be overcome. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the cryptocurrency has recently gone through […]
Ripple displayed low market activity, as reflected in its subdued price action for a while before a sudden surge to $2.6 yesterday. The price remains confined within a sideways wedge pattern, highlighting a phase of consolidation and indecision. A decisive breakout is necessary to establish a sustained market direction. XRP Analysis By Shayan The Daily […]
Ripple’s recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year’s end growing. XRP Analysis By Shayan The Weekly Chart The weekly chart reveals Ripple’s […]
Ripple’s recent activity has highlighted a bearish trend, with a rejection at the 200-day moving average of $0.53. This resistance has halted the cryptocurrency’s previous upward momentum, driving the price back toward the $0.5 support level. Therefore, this raises concerns about its prospects. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP […]
Ripple has encountered intense selling pressure near the key resistance zone, defined by the 100 and 200-day moving averages around the $0.55 mark. This has led to a sharp rejection and subsequent decline. The asset now hovers near a crucial support region, which could trigger a period of sideways consolidation. XRP Analysis By Shayan The […]
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