XRP баасы бышыкча үлгүдө; Азыр сатып ал?

On September 20th, a bullish breakout from the $0.385 resistance released the XRP price from a three-month-old consolidation. Thus, with the range breakout and improving market sentiment regarding XRPvsSEC case, the altcoin pumped 43.% high to reach a peak of $0.5523. However, Amid some sharp sell-off in the crypto market, the XRP price witnessed a significant correction.

Негизги учурлар: 

• The post-correction rally records a 12% rise in XRP price
• 50-жана 100 күндүк EMA бука кроссовердин босогосунда турат
• XRP бир күндүк соода көлөмү 4.5% пайда көрсөтүп, 123 миллиард долларды түзөт.

Булак- digitalcoinprice

The recent correction tumbled the XRP price by 24.4% and plunged to the 61.8% Fibonacci retracement level($0.42). However, the altcoin was rejected from the lower price and managed a daily candle above the $0.446 support. 

Anyhow, this correction was needed after a sudden rally to stabilize the coin prices.

On September 29th, the XRP price rebounded $ 0.446 чейин support with a morning star candle. This bullish candle pattern attached with long-tail rejection indicates a high demand zone at $0.446. However, the post-correction rally still faces supply pressure at the $0.513 supply zone.

Бүгүнкү күндө, Altcom is 2.65% and tries to hold above the 200-day EMA support. If the bullying pressure persists, the prices could breach this resistance and resume the prevailing recovery. This breakout will reveal the market sentiment has shifted from selling on rallies to buying on dips.

Moreover, the technical chart reveals this whole price action as a rounding bottom pattern. This bullish pattern sets the XRP price on a bullish trend, and with sustained buying, the market value should be $0.56 or $0.66.

Conversely, if the sellers continue to defend the $0.513 resistance, a possible reversal from this barrier will weaken the bullish thesis.

Техникалык-көрсөткүч

EMAs: An upswing of crucial EMAs(20, 50, and 100) highlights the short-term trend has turned bullish. Moreover, the 20-day EMA acts as dynamic support to rising prices.

Салыштырмалуу күч индекси: The күнүмдүк-RSI эңкейиш reverted from the oversold rejection indicates signs the excess buying pressure has neutralized. 

• Каршылык деңгээли: $ 0.515 жана $ 0.56
• Колдоо деңгээли: $ 0.446 жана $ 0.423