CryptoComes

Can XRP show better price dynamics than BTC and ETH ?

Yesterday, buyers were unable to continue the recovery of the price of XRP and gain a foothold in the consolidation above the level of $0.213. A powerful wave of sales drove the price below the support of $0.20, setting a weekly low at $0.196.

After a rebound in the region of average prices, the XRP/USD pair consolidated in the lateral range, above the psychological level of $0.20. If bears sell this support today, the price may fall even deeper, to the upper border of the descending purple channel. In case bulls recover above the two-hour EMA55, then the rate will return to support at the level of $0.213.


All trading ideas every day on CryptoComes: u.today/pricewise

Everything about blockchain and crypto, Live 24/7 on CryptoComes: u.today/pricewise

Follow me and trade smarter with our insides!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.