Will The XRP Price Crash Further From Here? Major Levels To Watch
The XRP price structure is not giving a clear bullish signal, and there are questions as to whether the current range will hold up and whether there’s going to be another leg down. Crypto analyst Hov, who has been tracking XRP’s structure on the weekly timeframe, laid out a detailed Elliott Wave count on X that identifies exactly where the price stands and what it needs to do in the coming sessions to avoid a more serious breakdown. XRP Wave Structure Is Sending A Warning Signal Crypto analyst Hov pointed out that the XRP price action coming off the recent lows lacks the kind....
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Crypto analyst SiDec has raised the possibility of the Solana price dropping to double digits. The analyst revealed major levels to watch for entries as market participants brace up for this massive crash. Major Levels To Watch As Solana Price Risks Drop To Double Digits In a TradingView post, SiDec highlighted the range between $136 and $143 as the major resistance zone for the Solana price. Meanwhile, he stated that between $102 and $98 is the next major support zone, indicating that SOL risks dropping to double digits soon if it fails to hold this support zone. Related Reading: Solana....
Bitcoin is recovering, and traders are pinpointing $57,000 and $60,300 as the key short-term price levels to watch. The price of Bitcoin (BTC) is recovering after a strong sell-off during the weekend caused by cascading liquidations in the futures market.BTC/USDT 15-minute price chart (Binance). Source: TradingView.comTraders are pinpointing three levels as the critical price areas to watch in the short term: $51,200 as the major support, $60,300 as the important resistance, and $57,000 as the near term area of interest for sellers.It is critical for Bitcoin to reclaim $57,000Although the....
Yesterday afternoon we saw the bitcoin price breakout of its intraday range (the parameters of which we highlighted in the mornings bitcoin price watch piece), and we published our analysis shortly before the markets closed in Europe offering up the levels we were keeping an eye on in the bitcoin price overnight and what the breaking of these levels would mean as far as our intraday positions were concerned. Now action has matured, we have a few new levels to watch. What are these levels, and how might we enter a position in the BTCUSD today? Take a quick look at the chart. As you can see,....
Today is Memorial Day in the US, and UK markets also take a holiday, but this does not mean that we will be vacant of any volatility in the bitcoin price on Monday. In our twice-daily bitcoin price watch piece published on Friday evening, we highlighted a few key levels we are going to watch over the weekend, and suggested how we might enter on a breaking of these levels in order to draw a scalp profit from the market. Now action has matured, what are the levels that we are keeping an eye on today, and where will we be looking to enter? Take a quick look at the chart. The fact that major....
With XRP staring down the barrel of bears, there are now a number of levels that are important to watch as the month progresses. Crypto analyst EGRAG CRYPTO has outlined these important targets for investors to pay attention to, as they could be the make-or-break points for XRP. What To Watch Out For With XRP At the start of the analysis, the crypto analyst first implores investors to make sure that they adjust their perspective as things change. This is to ensure that they do not lose sight of the macro picture and are able to keep up with the market trends. That said, there are different....