Altcoins News
By Evie Vavasseur
1 / 15
XRP Attempts Recovery After Falling Below $2.00. Similar to Bitcoin and Ethereum, XRP experienced a steep drop below major support zones.
2 / 15
Key Levels to Watch as XRP Approaches Resistance. With XRP trading comfortably above the 76.4% Fibonacci retracement level of the previous decline,…
3 / 15
Is a Bullish Reaccumulation Phase Starting?. Market structure suggests that XRP might be entering a phase of subtle accumulation following the…
4 / 15
What Happens If XRP Fails to Break $2.150?. Despite the positive momentum, failure to move above the $2.
5 / 15
Market Outlook: Cautious Optimism for XRP. The recent price action offers a cautiously optimistic outlook for XRP in the short term.
6 / 15
XRP is showing subtle signs of strength after slipping below the key $2.00 level earlier this week.
7 / 15
After hitting a bottom near $1.82, XRP climbed back above $2.00, signaling that buyers may be quietly re-entering the market.
8 / 15
Similar to Bitcoin and Ethereum, XRP experienced a steep drop below major support zones. The price dipped sharply under $2.00 and briefly fell below $1.90 before buyers stepped in.
9 / 15
From there, XRP pushed above the $1.88 and $1.95 levels. This bounce also broke through the 50% Fibonacci retracement level of the decline from the $2.140 swing high to the $1.
10 / 15
One notable technical development was the break above a key bearish trend line near $2.00 on the hourly chart.
11 / 15
XRP is now trading above $2.00 and above the 100-hourly Simple Moving Average, reinforcing the idea that the asset may be attempting a trend reversal.
12 / 15
With XRP trading comfortably above the 76.4% Fibonacci retracement level of the previous decline, momentum is now turning toward testing the next overhead barriers.
13 / 15
If XRP continues its upward move, the first significant resistance appears near $2.120. However, the more crucial level sits at $2.
14 / 15
A strong close above $2.150 could trigger further upside, potentially opening the door to:
15 / 15
$2.40 as the next major major hurdle for bullish continuation
The Currency Analytics
Want the full story?