Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

2025-05-19

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-18

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate Web3 AI-Game Development

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»XRP Slides After Failing to Reclaim $2.9, What’s Next for Bulls?
Analysis

XRP Slides After Failing to Reclaim $2.9, What’s Next for Bulls?

2024-12-09No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

XRP’s upward momentum has taken a hit after the price failed to reclaim its previous high of $2.9, triggering another decline that has seen the price fall to previous support levels. The rejection has raised questions about the strength of the bulls and whether they can regain control to send the price back to higher levels.

Bearish build-up within a 4-hour time frame

With bearish pressure mounting, the focus now shifts to the key support zones and whether the bulls can hold their ground against the downward move, thus preventing XRP from experiencing a much deeper correction.

On the 4-hour chart, Specifically, a continued decline towards this support indicates that selling pressure is increasing, and if support does not hold, the asset could fall even further.

XRP

Furthermore, an analysis of the 4-hour chart shows that the Composite Trend Oscillator trendline has dipped below the SMA line, indicating a possible shift in momentum as it gets closer to the zero line. This signals a struggle to sustain upward moves and indicates moderate bearish pressure, leading to cautious market sentiment. If the signal line continues to drop, it could lead to increased selling activity.

Price set for XRP on the 1 day time frame

On the daily chart, the crypto giant shows significant downward movement, marked by a bearish candlestick after a failed recovery attempt to rise to its previous high of $2.9. The inability to maintain an uptrend implies a lack of buyer confidence and a prevailing pessimistic sentiment in the market. As XRP targets the USD 1.9 support level, pressure from sellers could increase, raising concerns about the possibility of a breakdown.

See also  Bitcoin price consolidates rally and is poised to soar towards $45K

XRP

Finally, the 1-day Composite Trend Oscillator signals growing bearish momentum, with the indicator’s signal line dipping below the SMA after hovering in the overbought zone. This development signals a possible shift in market dynamics as overbought conditions may give way to increased selling pressure. A signal line crossover below the SMA is often interpreted as a bearish signal, indicating that upside momentum could be weakening.

Related Reading: XRP Price Remains Above Support: Preparing for the Next Move?

In short, as XRP faces renewed negative pressure, key support levels become crucial in determining its next move. Meanwhile, the first level to watch is $1.9, which could act as an initial buffer against further declines. A sustained break below this level could open the door for a deeper decline towards $1.7, a region of significant historical activity. If bearish momentum continues, the $1.3 mark could serve as the last line of defense before a broader sell-off ensues.

XRP

Source link

Bulls failing Reclaim slides Whats XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

2025-05-19

Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

2025-05-19

XRP – Price is struggling to keep the ground – breakdown or breathing break?

2025-05-19

The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

2025-05-18
Add A Comment

Comments are closed.

Top Posts

Dogecoin (DOGE) Poised for Another Rise: Can Bulls Ride Higher?

2024-10-25

Can XRP Continue To Outperform Bitcoin?

2022-10-13

Digital asset market liquidity hits lowest level since 2020, report says

2023-09-12
Editors Picks

Is BONK ready for a rally? Memecoin’s statistics and indicators suggest…

2024-11-05

Ronaldo teases NFT plans while on a lie detector test

2023-09-04

Circle CEO Jeremy Allaire says the company is still looking at an IPO despite delays: report

2024-10-27

The Sandbox Tokens Price Drops Following Token Unlocking

2023-08-16
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,383.18-1.45%
  • ethereumEthereum(ETH)$2,396.23-4.24%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.30-3.56%
  • binancecoinBNB(BNB)$636.55-1.38%
  • solanaSolana(SOL)$160.80-5.99%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.215247-3.55%
  • cardanoCardano(ADA)$0.72-4.52%
  • tronTRON(TRX)$0.264020-3.11%
  • suiSui(SUI)$3.61-5.38%
  • chainlinkChainlink(LINK)$15.08-3.68%
  • avalanche-2Avalanche(AVAX)$21.52-6.31%
  • stellarStellar(XLM)$0.279127-3.58%
  • hyperliquidHyperliquid(HYPE)$25.20-6.18%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.05%
  • unus-sed-leoUNUS SED LEO(LEO)$8.59-1.27%
  • hedera-hashgraphHedera(HBAR)$0.185721-4.13%
  • bitcoin-cashBitcoin Cash(BCH)$380.44-4.54%
  • the-open-networkToncoin(TON)$2.94-5.10%
  • litecoinLitecoin(LTC)$95.09-3.34%
  • polkadotPolkadot(DOT)$4.47-5.98%
  • moneroMonero(XMR)$344.070.04%
  • bitget-tokenBitget Token(BGB)$5.09-2.60%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-4.44%
  • piPi(PI)$0.71-1.67%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.69-3.90%
  • bittensorBittensor(TAO)$390.64-7.16%
  • aaveAave(AAVE)$218.52-3.65%
  • nearNEAR Protocol(NEAR)$2.66-3.50%
  • aptosAptos(APT)$4.98-4.01%
  • okbOKB(OKB)$51.77-2.48%
  • ondo-financeOndo(ONDO)$0.89-4.66%
  • kaspaKaspa(KAS)$0.103476-7.46%
  • ethereum-classicEthereum Classic(ETC)$17.70-3.68%
  • internet-computerInternet Computer(ICP)$5.01-4.28%
  • gatechain-tokenGateToken(GT)$21.23-1.39%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.47-3.59%
  • crypto-com-chainCronos(CRO)$0.093339-6.06%
  • mantleMantle(MNT)$0.73-2.02%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.228764-3.91%
  • vechainVeChain(VET)$0.026920-4.95%
  • render-tokenRender(RENDER)$4.36-5.72%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.348039-7.70%
  • filecoinFilecoin(FIL)$2.75-4.03%
  • algorandAlgorand(ALGO)$0.211831-4.56%
  • cosmosCosmos(ATOM)$4.62-4.32%
  • bitcoinBitcoin(BTC)$102,383.18-1.45%
  • ethereumEthereum(ETH)$2,396.23-4.24%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.30-3.56%
  • binancecoinBNB(BNB)$636.55-1.38%
  • solanaSolana(SOL)$160.80-5.99%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.215247-3.55%
  • cardanoCardano(ADA)$0.72-4.52%
  • tronTRON(TRX)$0.264020-3.11%
  • suiSui(SUI)$3.61-5.38%
  • chainlinkChainlink(LINK)$15.08-3.68%
  • avalanche-2Avalanche(AVAX)$21.52-6.31%
  • stellarStellar(XLM)$0.279127-3.58%
  • hyperliquidHyperliquid(HYPE)$25.20-6.18%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.05%
  • unus-sed-leoUNUS SED LEO(LEO)$8.59-1.27%
  • hedera-hashgraphHedera(HBAR)$0.185721-4.13%
  • bitcoin-cashBitcoin Cash(BCH)$380.44-4.54%
  • the-open-networkToncoin(TON)$2.94-5.10%
  • litecoinLitecoin(LTC)$95.09-3.34%
  • polkadotPolkadot(DOT)$4.47-5.98%
  • moneroMonero(XMR)$344.070.04%
  • bitget-tokenBitget Token(BGB)$5.09-2.60%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-4.44%
  • piPi(PI)$0.71-1.67%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.69-3.90%
  • bittensorBittensor(TAO)$390.64-7.16%
  • aaveAave(AAVE)$218.52-3.65%
  • nearNEAR Protocol(NEAR)$2.66-3.50%
  • aptosAptos(APT)$4.98-4.01%
  • okbOKB(OKB)$51.77-2.48%
  • ondo-financeOndo(ONDO)$0.89-4.66%
  • kaspaKaspa(KAS)$0.103476-7.46%
  • ethereum-classicEthereum Classic(ETC)$17.70-3.68%
  • internet-computerInternet Computer(ICP)$5.01-4.28%
  • gatechain-tokenGateToken(GT)$21.23-1.39%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.47-3.59%
  • crypto-com-chainCronos(CRO)$0.093339-6.06%
  • mantleMantle(MNT)$0.73-2.02%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.228764-3.91%
  • vechainVeChain(VET)$0.026920-4.95%
  • render-tokenRender(RENDER)$4.36-5.72%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.348039-7.70%
  • filecoinFilecoin(FIL)$2.75-4.03%
  • algorandAlgorand(ALGO)$0.211831-4.56%
  • cosmosCosmos(ATOM)$4.62-4.32%