XRP Price Analysis for January 18 - U.Today

The last day of the week started bullishly for most of the coins, however, later bears seized the initiative, according to CoinStats.

Article imageXRP chart by CoinStats## XRP/USD

The rate of XRP has dropped by 1.18% since yesterday.

Article imageImage by TradingViewOn the hourly chart, the price of XRP has made a false breakout of the local support at $2.0470. If the daily candle closes around that mark or below, the correction is likely to continue to the $2.04 area tomorrow.

Article imageImage by TradingViewOn the bigger time frame, there are no reversal signals so far. If a breakout of the $2.0350 level happens, the accumulated energy might be enough for a further downward move to the $2 zone.

Such a scenario is relevant until the end of next week.

Article imageImage by TradingViewFrom the midterm point of view, the situation is similar. As the rate of XRP is far from the key levels, one should focus on the nearest zone of $2. If bulls lose it, there is a high possibility to witness an ongoing drop to the $1.8209 support.

XRP is trading at $2.0506 at press time.

XRP-3,93%
Esta página puede contener contenido de terceros, que se proporciona únicamente con fines informativos (sin garantías ni declaraciones) y no debe considerarse como un respaldo por parte de Gate a las opiniones expresadas ni como asesoramiento financiero o profesional. Consulte el Descargo de responsabilidad para obtener más detalles.
  • Recompensa
  • Comentar
  • Republicar
  • Compartir
Comentar
0/400
Sin comentarios
  • Anclado

Opera con criptomonedas en cualquier momento y lugar
qrCode
Escanea para descargar la aplicación de Gate
Comunidad
Español
  • 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)