{"id":171489,"date":"2023-02-24T13:27:18","date_gmt":"2023-02-24T13:27:18","guid":{"rendered":"https:\/\/precoinnews.com\/?p=171489"},"modified":"2023-02-24T13:27:18","modified_gmt":"2023-02-24T13:27:18","slug":"ripple-moves-in-a-range-but-holds-above-0-38","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ripple-moves-in-a-range-but-holds-above-0-38\/","title":{"rendered":"Ripple Moves In A Range But Holds Above $0.38"},"content":{"rendered":"

Ripple (XRP) price is currently below the moving average lines. <\/strong><\/p>\n

Long-term forecast for the Ripple price: bearish <\/h2>\n

The price movement of XRP is choppy. The altcoin’s price movement is no longer visible. Doji candlesticks, which have a small body and are indecisive, are used to describe price movement. Doji candlesticks keep the prices where they are right now. They indicate that both buyers and sellers are uncertain about which direction the market should move. The price bars are currently below the moving average lines, which could lead to a decline in XRP. However, the presence of small-scale indecisive candlesticks increases the possibility that the downtrend will continue indefinitely. The cost of XRP has remained constant since February 23.<\/p>\n

Ripple indicator analysis <\/h2>\n

The relative strength index for the cryptocurrency value has fallen to the value of 48 for the period 14. The horizontal slope of the moving average lines indicates a movement within the range. Below 40 of the Relative Strength Index for the period 14, the altcoin is in a bearish momentum.<\/p>\n

<\/p>\n

Technical indicators: <\/h3>\n

Key resistance levels – $0.80 and $1.00 <\/b><\/p>\n

<\/b><\/p>\n

Key support levels – $0.40 and $0.20<\/b><\/p>\n

What is the next move for Ripple? <\/h2>\n

Ripple’s price is currently just above the $0.38 support. The doji candlesticks mean that the cryptocurrency asset is not trending. If there is a price recovery or breakout, the altcoin will develop a trend. Since the price bars are below the moving average lines, the selling pressure might increase.<\/p>\n

<\/p>\n

Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing <\/span><\/i><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple (XRP) price is currently below the<\/p>\n","protected":false},"author":3,"featured_media":171488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nRipple Moves In A Range But Holds Above $0.38 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/ripple-moves-in-a-range-but-holds-above-0-38\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Moves In A Range But Holds Above $0.38 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ripple (XRP) price is currently below the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ripple-moves-in-a-range-but-holds-above-0-38\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-24T13:27:18+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/02\/Ripple-Moves-In-A-Range-But-Holds-Above-0.38.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ripple-moves-in-a-range-but-holds-above-0-38\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ripple-moves-in-a-range-but-holds-above-0-38\/\",\"name\":\"Ripple Moves In A Range But Holds Above $0.38 - 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