• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Friday, March 24, 2023
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

XRP could be looking for a correction down to $0.21

21 September 2020
in XRP
Reading Time: 2 mins read
A A
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT


  • XRP is currently trading at $0.232 after losing a critical support level in the form of the 200-SMA.
  • The MACD indicator also turned bearish on the 12-hour chart, further showing the weakness of XRP.

XRP is down 30% from its peak at $0.327 on August 17. The digital asset has been in a downtrend ever since, after forming a double top into the break of support.

XRP/USD 12-hour chart

The cross-border giant was on its way to forming a 12-hour uptrend; however, it recently plummeted, destroying all the support levels nearby, including the 200-SMA at $0.236. 

Bulls are now defending the area of support around $0.23, as it was a level held on September 6 after the initial crash. The MACD has also just turned bearish, which indicates XRP is poised for another leg down, possibly into $0.21, the next level of support.

xrp price

On the flip side, the holders distribution chart from Santiment shows that holders with at least 1,000,000 XRP and up to 10,000,000 are increasing. The number of whales was as low as 1,327 two days ago but has now notably increased to 1,342, which means 15 new whales hold at least 1,000,000 XRP coins.

If XRP can bounce above the 200-SMA and close there, the digital asset could be looking at a target price of $0.25, which is the last local top. The most critical support level remains at $0.23, while resistance is at $0.236 in the form of the 200-SMA.



Source link

Related articles

Uphold Unveils Coreum Airdrop Snapshot Timeline for Holders

Uphold Unveils Coreum Airdrop Snapshot Timeline for Holders

24 March 2023
Big News for Ripple (XRP) Sees 30% Growth, Orbeon Protocol (ORBN) Pumps yet Again, and Bitcoin (BTC) Outperforms Gold

Big News for Ripple (XRP) Sees 30% Growth, Orbeon Protocol (ORBN) Pumps yet Again, and Bitcoin (BTC) Outperforms Gold

24 March 2023
Cryptohopper
ADVERTISEMENT
[crypto-donation-box]
Tags: CorrectionXRP
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

‘We Blew It.’ Douglas Rushkoff’s Take on the Future of the Web

Next Post

Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More

Related Posts

Uphold Unveils Coreum Airdrop Snapshot Timeline for Holders

Uphold Unveils Coreum Airdrop Snapshot Timeline for Holders

24 March 2023
0

Read U.TODAY on Google News Multi-asset digital trading platform Uphold has announced support for the Coreum token and also for...

Big News for Ripple (XRP) Sees 30% Growth, Orbeon Protocol (ORBN) Pumps yet Again, and Bitcoin (BTC) Outperforms Gold

Big News for Ripple (XRP) Sees 30% Growth, Orbeon Protocol (ORBN) Pumps yet Again, and Bitcoin (BTC) Outperforms Gold

24 March 2023
0

It has been a bullish week for the crypto market, with Ripple (XRP), Orbeon Protocol (ORBN), and Bitcoin (BTC) all...

Binance US To Get Wells Notice Next? XRP Lawyer Claims This

Binance US To Get Wells Notice Next? XRP Lawyer Claims This

24 March 2023
0

Crypto News: The global digital asset industry is constantly in the crosshair of the U.S. Securities and Exchange Commission (SEC)....

XRP breaks out of four-month range, bulls anticipate surge past $0.5

XRP breaks out of four-month range, bulls anticipate surge past $0.5

23 March 2023
0

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s...

XRP Lawyer’s ‘Connect to Congress’ On SEC Crypto Overreach

XRP Lawyer’s ‘Connect to Congress’ On SEC Crypto Overreach

23 March 2023
0

XRP News: XRP Lawyer John Deaton launched a campaign ‘Connect to Congress’ over the U.S. Securities and Exchange Commission’s (SEC)...

Load More
Next Post

Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • 2.1 Million BONE Bought by This Top Exchange as Shibarium Beta Goes Live
  • How To Buy Dogecoin on eToro: 5 Easy Steps
  • Are Cryptocurrencies & Gambling NFTs the Future for Online Casinos?

Newsletter

  • About Us
  • Privacy Policy
  • Contact Us

© 2022 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$28,110.00-1.54%
  • ethereumEthereum(ETH)$1,777.61-2.94%
  • tetherTether(USDT)$1.01-0.48%
  • binancecoinBNB(BNB)$322.64-3.36%
  • usd-coinUSD Coin(USDC)$1.00-0.06%
  • rippleXRP(XRP)$0.432888-4.51%
  • cardanoCardano(ADA)$0.363759-4.96%
  • dogecoinDogecoin(DOGE)$0.075132-4.23%
  • staked-etherLido Staked Ether(STETH)$1,768.50-3.65%
  • matic-networkPolygon(MATIC)$1.10-4.19%
  • solanaSolana(SOL)$21.20-5.40%
  • binance-usdBinance USD(BUSD)$1.00-0.04%
  • polkadotPolkadot(DOT)$6.12-4.17%
  • litecoinLitecoin(LTC)$92.26-1.94%
  • shiba-inuShiba Inu(SHIB)$0.000011-2.90%
  • tronTRON(TRX)$0.0643380.49%
  • avalanche-2Avalanche(AVAX)$17.23-2.89%
  • daiDai(DAI)$1.000.18%
  • uniswapUniswap(UNI)$5.99-6.87%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,175.00-1.51%
  • chainlinkChainlink(LINK)$7.35-3.84%
  • cosmosCosmos Hub(ATOM)$11.33-4.84%
  • leo-tokenLEO Token(LEO)$3.411.27%
  • ToncoinToncoin(TON)$2.13-6.85%
  • moneroMonero(XMR)$159.793.03%
  • ethereum-classicEthereum Classic(ETC)$20.30-4.03%
  • okbOKB(OKB)$43.54-3.82%
  • bitcoin-cashBitcoin Cash(BCH)$125.85-3.51%
  • stellarStellar(XLM)$0.089573-4.92%
  • filecoinFilecoin(FIL)$5.66-3.95%
  • AptosAptos(APT)$12.57-3.35%
  • true-usdTrueUSD(TUSD)$1.000.33%
  • lido-daoLido DAO(LDO)$2.16-9.55%
  • hedera-hashgraphHedera(HBAR)$0.060537-4.52%
  • quant-networkQuant(QNT)$122.61-5.06%
  • ArbitrumArbitrum(ARB)$1.368.22%
  • crypto-com-chainCronos(CRO)$0.069009-2.38%
  • nearNEAR Protocol(NEAR)$2.01-2.47%
  • vechainVeChain(VET)$0.023332-2.31%
  • algorandAlgorand(ALGO)$0.212376-4.76%
  • apecoinApeCoin(APE)$4.10-1.86%
  • internet-computerInternet Computer(ICP)$5.03-3.79%
  • blockstackStacks(STX)$1.07-11.95%
  • eosEOS(EOS)$1.192.84%
  • fantomFantom(FTM)$0.466737-6.99%
  • the-graphThe Graph(GRT)$0.145291-6.13%
  • the-sandboxThe Sandbox(SAND)$0.64-5.25%
  • decentralandDecentraland(MANA)$0.60-3.95%
  • elrond-erd-2MultiversX(EGLD)$43.01-2.63%
  • aaveAave(AAVE)$74.39-6.29%