Facebook Instagram
Facebook Instagram

Market Insights

xrp Ideas

XRP Price Analysis: Unveiling Key Support and Resistance Levels

XRP Price Analysis XRP has recently experienced a significant decline, breaking below crucial support levels, notably $0.4240 and $0.4150. The price reached a low of $0.3826 before beginning a recovery wave. Despite this recovery, the price is still trading below the $0.4250 mark and the 100-hourly Simple Moving Average (SMA). Key Levels to Watch Support Levels: Immediate support at $0.3900 Major support at $0.3850 Potential further support at $0.3620 if the price continues to decline Resistance Levels: Immediate resistance at $0.4050 Significant resistance at $0.4150 (aligned with the 50% Fibonacci retracement level and a key bearish trend line) Additional resistance at $0.4220 Higher resistance at $0.4380 and $0.4450 Technical Indicators Trend Line: A...

By NovaX
Updated 3 hours ago
  • 0

Predicting Bitcoin’s Future: Time and Price Analysis

Historical All-Time Highs (ATH) Significant ATH levels are marked on the chart, showing key breakout points over the years. Each ATH is followed by a substantial correction, leading to a consolidation period before breaking the ATH again. Time Intervals Between Breaks The chart notes the time taken to break previous ATHs, averaging between 10 to 12 months. For example, it took 10 months to break the ATH around 2017 and 12 months for the subsequent cycle. Recent Price Action The most recent ATH and the time it took to break it (11 months) are highlighted. The price has again corrected and consolidated, suggesting a potential...

By NovaX
Updated 2 days ago
  • 0

XRP Investment Strategy: Capitalizing on a Bullish Trend

XRP Bullish Trend Analysis XRP is currently experiencing a bullish trend, trading above $0.4720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line with support at $0.4760, indicating a potential upside break if it can surpass the $0.4840 resistance zone. Price Targets and Support Levels If successful, the price may target the $0.4880 and $0.5050 resistance levels, with further potential to reach $0.5120 and beyond. However, if XRP fails to clear the $0.4840 resistance, it might decline towards the $0.4765 and $0.4740 support levels, potentially falling to $0.4640 if these supports fail. Investment Strategy Entry Point: Buy XRP if it closes...

By NovaX
Updated 3 days ago
  • 0

Bitcoin Plummets: Navigating the Recent Bearish Drop in Cryptocurrency Markets

Entry: 0.4759 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.4859 Why we like it: There is a pullback resistance level. Take profit: 0.4637 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage ('Vantage Global Limited', 'we') by a third-party provider ('Everest Fortune Group'). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and...

By NovaX
Updated 1 week ago
  • 0

XRPUSD: Is It Dead or Ready to Rise Parabolically?

The XRP (XRPUSD) has been closing below both its 1W MA50 (blue trend-line) and the 1W MA200 (orange trend-line) since the week of April 08. At the same time it is testing the bottom (Higher Lows trend-line) of the Triangle structure that started on the January 01 2018 All Time High (ATH). In relative terms, it appears to be similar to the Triangle that started after the December 02 2013 High and broke-out to the upside on March 20 2017. Its 1W RSI is at 40.00, low enough historically to...

By NovaX
Updated 1 week ago
  • 0

Bitcoin Plunges: Navigating the Cryptocurrency Market’s Bearish Trends

Entry: 0.4939 Why we like it: There is a pullback resistance level of 61.8% Fibonacci retracement. Stop loss: 0.5034 Why we like it: There is a pullback resistance level. Take profit: 0.4769 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage ('Vantage Global Limited', 'we') by a third-party provider ('Everest Fortune Group'). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute...

By NovaX
Updated 2 weeks ago
  • 0
Load More

Whatever the trade

Look first

Then leap

Contact NovaX

Privacy Policy

Terms & Conditions

Facebook Instagram

© 2024 NovaX, Inc.