😱🔥If Ripple's (XRP) breaks this zone, the flight may begin!
#Ripple (#XRP ), which has gained upward momentum with the rise of Bitcoin, has attracted attention by pushing an important region.
XRP, which has been pricing in a downward direction in recent days, was relieved when Bitcoin jumped to $ 65,000. The popular coin, which has reversed its course upwards, excited the investor audience by winking at the bull run. Could XRP, which remains weak compared to other major coins, be starting its real rise now? What are the levels that XRP investors should consider?
Everyone is holding their breath for Ripple (XRP)!
Ripple (XRP), which has been moving in a downward direction since $ 0.6260, has taken the ropes into its hands again as Bitcoin has started to rise. Although it does not give a clear bullish signal yet, major coin, which is pushing a critical resistance area, may sign a severe rise if it breaks. Ripple, which has been struggling with regulatory pressure for some time, should pass teeth to the SEC, the rise of BTC or the fall of BTC dominance, respectively 0,5440 – 0,5787 – 0,6260 – 0,6686 – 0,7134 and it could be on its way to $0.7442.
The fact that the SEC continues to cause difficulties to Ripple, the continuation of geopolitical problems or the sharp increase in BTC dominance will create selling pressure in XRP. In such a scenario, respectively 0,5270 – 0,5059 – 0,4643 – 0,4195 and an easing towards $ 0.3650 can be followed. The loss of $0.4195, which is the recent bottoming point, can lead to heavy sales. In addition, there may be a pullback in XRP during each process in which the red box acts as a resistance. Oct.
XRP investors should consider the news feed on the one hand while following the technical side. Any news that may come about Ripple may have a say, especially in the short-term price structure. The evolution of the news flow to positive and the conversion of the technically red zone to support will increase the bullish signals in XRP.
