ការបដិសេធ៖ ព័ត៌មានដែលបានបង្ហាញមិនបង្កើតជាហិរញ្ញវត្ថុ ការវិនិយោគ ការជួញដូរ ឬប្រភេទផ្សេងទៀតនៃដំបូន្មានទេ ហើយគ្រាន់តែជាគំនិតរបស់អ្នកនិពន្ធប៉ុណ្ណោះ។
- XRP bulls defended the 50 EMA.
- The four-hour chart was bullish, but trends on CEXs could complicate bulls’ efforts.
នៅថ្ងៃទី ១០ ខែមីនាគ។ ស។ Ripple [XRP] appreciated 30% amidst renewed optimism that Ripple Labs could win against the SEC lawsuit. It jumped from $0.3733 to $0.493 but retraced after Bitcoin [BTC] temporarily lost hold of the $28k zone.
អាន ការព្យាករណ៍តម្លៃ [XRP] របស់ Ripple 2023-24
At press time, BTC’s value was $27.50k, and it could block XRP from clearing the key obstacle at $0.4491. As such, XRP’s price action in the next week will be largely determined by new developments on the SEC lawsuit and BTC’s price movements.
Bulls defended the 20 EMA – can they sustain the recovery?
ប្រភព៖ XRP/USDT នៅលើ TradingView
The $0.4118 support level checked XRP’s retracement. But the recovery was blocked at $0.4491, setting it to a correction. However, bulls have defended the 20 EMA (exponential moving average) of $0.4134, prompting another short-term rally. Therefore, bulls must clear the $0.4491 obstacle to continue with the recovery.
A close above $0.4491 could tip bulls to push XRP to the bearish order block of $0.4746. A retest of the $0.5 level could be likely if bulls could clear the bearish order block.
Alternatively, near-term bears could gain market entry if XPR closes below $0.4491. They will likely sink XRP to retest the 20 EMA or the $0.4118 support. Any drop below $0.4118 could attract increased selling pressure, pushing XRP to 200 EMA or $0.3982.
The Relative Strength Index (RSI) bounced sharply from the 50-mark, showing increased buying pressure. Similarly, the Accumulation/Distribution indicator exhibited an uptick, showing the asset was undergoing a short-term accumulation phase. Collectively, these trends show’ bulls’ leverage in the market at press time.
Exchange Flow Balance was positive
ប្រភព៖ Santiment
According to Santiment, XRP’s exchange flow balance was positive (84k). This was evidence that more XRPs moved in than out of CEXs. It indicated a short-term sell pressure as more XRP could be available for offloading on CEXs.
តើផលប័ត្ររបស់អ្នកមានពណ៌បៃតងទេ? សូមពិនិត្យមើល ការគណនាប្រាក់ចំណេញ XRP
A drop in supply outside of exchanges further confirms limited accumulation at press time that could tip short-sellers to offload their holdings. As such, bulls could wait for a close above $0.4491 before making moves.
Nevertheless, considerable whale movements have transacted over $1 million in the past few hours, which could give bulls some hope. However, investors should also track BTC’s price action before making moves.
Source: https://ambcrypto.com/ripple-xrp-bulls-defend-0-412-can-they-bypass-the-0-45-hurdle/