Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-coin-price-trends-and-market-analysis/" data-wpel-link="internal">XRP Coin Price Trends and Market Analysis</a> 
Among the largest altcoins by market value, <a href="https://en.coin-turk.com/is-a-big-breakout-imminent-for-xrp-price/" data-wpel-link="internal">XRP</a> Coin is finding buyers at $0.54 as this article is being prepared. Its daily gain has exceeded 5%, compensating for the excessive sales during a period of decline that lasted several weeks. Those who evaluated the bottom are satisfied. So, what is the next target for XRP Coin in dollars? 
<h2 style="text-align: justify" id="ripple-xrp">Ripple (XRP)</h2> 
After dropping to a base of $0.43, the XRP Coin price has roughly increased by $0.11. The price, which had fallen by 43% from its last peak, is now turning its direction upwards again. Bulls, regaining the golden ratio support, could see a strong rally in the short term if they can continue their closures above $0.52. While the MACD signals an uptrend, the RSI remains in the neutral zone despite the price increase, indicating potential for further rise. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-343232 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/XRP-fiyat-yorum-.png" alt="" width="1046" height="672"> 
Despite positive signals in the monthly chart, the situation is a bit different weekly. Here, to speak of a definite turnaround, we need to see the main support of $0.62 reclaimed. If successful, XRP Coin bulls could target $0.75. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-343233 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/XRP-fiyat-yorum-2.png" alt="" width="1051" height="672"> 
Currently, the Fib resistance at $0.54 has been taken. Since the <a href="https://coin-turk.com/sicak-gelisme-kripto-paralar-dusuyor-bitcoin-26-500-dolari-kaybetti" data-wpel-link="internal">BTC price</a> is close to its daily peak, the overall market sentiment is also positive. With major companies’ quarterly earnings reports coming throughout the week, it remains possible to stay hopeful for the coming days. If Friday’s PCE data also comes positive, the rally could gain momentum by the weekend or towards the end of the week. 
<h2 style="text-align: justify" id="xrpbtc-chart-commentary">XRPBTC Chart Commentary</h2> 
As <a href="https://en.coin-turk.com/bitcoin-experiences-another-drop-current-status-of-btc-and-top-performing-cryptocurrencies-of-the-day/" data-wpel-link="internal">BTC</a> undergoes such turns, the most important pair for investors in altcoins becomes BTC. The situation of XRP Coin in its BTC parity could be useful to understand its next price path. The key support region for XRP against BTC is at the 0.0000062 BTC level. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-343234 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/XRP-fiyat-yorum-3.png" alt="" width="1052" height="672"> 
MACD is giving an early rise signal and RSI is indicating a return signal as it is in the oversold area. After reaching such low levels, RSI recovers and price makes quick turns. The main upward risk is at the 50-week EMA in the 0.00001395 BTC area. The resistances at 0.00001238 BTC and 0.0000134 BTC are levels to watch for a potential breakout. We are likely to hear more developments related to the case this week, which could lead to a news-driven breakout. Of course, it is not possible to say anything definite about the direction of the breakout. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-coin-price-trends-and-market-analysis/" data-wpel-link="internal">XRP Coin Price Trends and Market Analysis</a></h5>

XRP Coin Price Trends and Market Analysis

목차

COINTURK NEWS

2024년 4월 22일에 게재된 다른 기사

Exploring Recent Dynamics in Bitcoin and Cryptocurrency Value Trends

Ripple Prepares Response to SEC’s $2 Billion Penalty Claim

Lazarus Group’s favorite exploit revealed — Crypto hacks analysis

AI Salvador Dal Museum Unveils AI-Powered Lobster Telephone

Mina Blockchain Set for Major Upgrade with Berkeley Release on June 4, 2024

Crypto YouTuber Crypto Boy Reviews a New Learn-to-Earn Crypto Presale with Potential for 100x Return

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!