您现在的位置是:XRP’s price rising following recent dip >>正文
XRP’s price rising following recent dip
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛8774人已围观
简介XRP’s price dipped by over 10% in the past 24 hours but is slowly recovering after establishin...
![A XRP coin](https://coinjournal.net/wp-content/uploads/2023/03/07_XRP-8.jpg)
XRP’s price dipped by over 10% in the past 24 hours but is slowly recovering after establishing strong support above $1.2.
The general cryptocurrency market has dipped in the last few hours, with most of the leading cryptocurrencies losing more than 10% of their values. XRP has performed well in recent months, however, the market has now flipped, pushing the cryptocurrency into a bearish divergence.
Following yesterday’s dip, XRP has managed to steer clear of the $1 level after establishing support at the $1.20 region.
XRP price outlook
A look at the XRP/USD 4-hour chart shows that the cryptocurrency is slowly recovering from its recent losses. XRP is already up by 2% against the US Dollar in the past hour, while XRP/USD has established strong support at $1.24 and is now trading close to $1.38 at the time of this report.
If the positive trend continues, then XRP could soon reach its 100-day simple moving average at $1.50.
XRP/USD 4-hour chart. Source: Coinalyze
Major technical indicators, such as the MACD and the RSI, show XRP to be in bearish territory. If the bearish sentiment in the market gets stronger, XRP could sustain further losses in the coming hours. If the price breaks down out of its channel, XRP could lose the $1.24 support level.
XRP supporters push for Tesla adoption
The market dipped following Elon Musk’s tweet. Musk said Tesla would no longer accept Bitcoin due to the cryptocurrency’s impact on the environment. Tesla said it would look at other energy-efficient cryptocurrencies, and some XRP enthusiasts on Twitter are already pushing for XRP’s adoption by the electric car manufacturer.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/39169.html
相关文章
Crypto exchange CoinDCX secures $135 million for Web3 expansion
XRP’s price rising following recent dipCoinDCX CEO Sumit Gupta said the crypto exchange will use the funds to help support crypto adoption...
阅读更多
HKbitEX and Shanghai Technology Exchange sign partnership as Pullix presale gains momentum
XRP’s price rising following recent dipHKbitEX & Shanghai Tech Exchange partner to propel the Chinese economy through strategic asset t...
阅读更多
Argentina's President Milei proposes incentives for declaring crypto holdings
XRP’s price rising following recent dipArgentina’s President Milei proposes tax incentives in a draft bill for crypto regularization....
阅读更多
热门文章
- 101Investing Review — The Ultimate Guide
- Will Smith token emerges: best places to buy Will Smith Inu
- Philippines SEC Warns Public About Mining City Ponzi Scheme
- Binance won’t offer stock trading services, says CZ
- Litecoin Price Below $47.00 As Crypto Market Consolidates
- Bitget lists Base Seamless (SEAM) tokens in its Launchpool
最新文章
Pullix hybrid exchange enters market as Google and Apple pull major exchanges from stores in India
Ethereum worth more than Turkish lira and Norwegian krone
Filecoin (FIL) could target $32 despite the recent fallback
Best crypto projects that are pushing for decentralized digital global payments
EU banking watchdog strengthens AML measures for crypto firms
Celsius initiates recovery of large pre