Hb_crypto
vip

XRP technical indicators suggest stability before the launch


On the 4-hour price chart, XRP price predictions appear balanced, with movements showing a tug-of-war between sellers and buyers. While the descending trend line exerts downward pressure on the price above, the 50-period (EMA-50) at 2.2469$ serves as a dynamic resistance level.

On its part, the price chart shows peaks and gradually decreasing troughs with strong selling momentum, but the recent candlestick patterns and the formation of the latest ones, Doji and downward extended wicks, indicate a temporary easing of selling pressure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)