Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The surge in trading activity around XRP comes as the broader market faces intense selling pressure. The cryptocurrency market has been undergoing a major sell-off, leading to widespread liquidations.The surge in trading volumes might suggest that XRP is garnering attention and attracting both buyers and sellers during this volatile period.
The cryptocurrency market's present scenario reflects a mix of fear and opportunism. While some investors are liquidating positions to avoid further losses, others are capitalizing on lower prices to accumulate assets. XRP's increased trading volume may indicate interest from traders seeking to navigate the market's volatility.falls further from its current level of $0.457, it might eventually reach $0.41. Meanwhile, bulls are predicted to vigorously defend the range of $0.41 to $0.
On the upside, buyers must overcome the immediate hurdle of the daily SMA 50 at $0.503. This is a critical resistance to watch out for since a break above it might indicate the start of a strong recovery toward the daily SMA 200 at $0.554 and eventually the $0.57 level.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: Utoday_en - 🏆 295. / 63 อ่านเพิ่มเติม »