English < Article List - DigitalToday

Search results for Fibonacci retracement

Crypto

XRP holds long-term trend in pullback; monthly chart eyes $6.44 and $8.76

XRP is holding a support pattern inside a rising triangle that has been in place since 2018, a report said. On the monthly chart, a breakout above upper resistance could open targets at $6.4413 and $8.7614. XRP is trading in the $1.10 range, up more than 9 percent from this month’s opening price of $1.0385. Key levels cited include support at $0.8369 and resistance at $1.5620 and $3.5733.

Crypto

XRP enters buy warning zone like bitcoin, bottom not yet confirmed

An analysis says XRP has entered a macro buy-warning zone similar to bitcoin. The signal has rarely appeared at the start of accumulation phases over several years, and markets are watching whether the pullback marks a new downtrend or a basing phase ahead of a rebound. XRP is trading around $1.09 after bouncing from a late-June low. Analysts say confirmation signals for a major bottom have not yet fully emerged.

Crypto

XRP 7-dollar scenario this year draws focus to holding $1.06

XRP has undergone a sharp correction this year but is holding a key weekly support zone, keeping open the possibility of reaching $7 within the year, an analysis said. The market is focused on whether it can defend around $1.06, with XRP staying above the $1.05 Fibonacci retracement level. Analysts also cited a falling wedge pattern and overlapping long-term support. Targets discussed include $7.88 and $11.74, depending on buying momentum.