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ETHUSD Ethereum

3,417.35

85.87 (2.58%)

22:11:32 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	411,565,664,812	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	85.87	2.58%	3,417.35	3,417.35	3,417.45

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,500.00	3,316.55	3,326.58	3,331.72	1,985.72 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	22:11:32	0.047290	3,417.60	USD

Price x Volume	Volume	Base Symbol	Related Pairs
554,202,760.83	162,875.52	ETH	ETHEUR	ETHGBP	ETHBTC

XRP Price Signals Downside Correction: Is a Pullback Coming?

20/11/2024 4:08am

NEWSBTC

XRP price is correcting gains from the $1.185 resistance zone. The price might revisit the $1.00 support before the bulls appear. XRP price started a downside correction below the $1.120 level. The price is now trading below $1.100 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $1.110 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could retest the $1.00 support zone before the bulls take a stand. XRP Price Dips Again XRP price struggled to extend gains above the $1.180 and $1.20 levels. It started a downside correction and traded below the $1.150 level. It underperformed Bitcoin and Ethereum in the past two sessions. There was a drop below the 50% Fib retracement level of the upward move from the $0.9988 swing low to the $1.1860 high. Besides, there was a break below a key bullish trend line with support at $1.110 on the hourly chart of the XRP/USD pair. The price is now trading below $1.100 and the 100-hourly Simple Moving Average. It is now approaching the 76.4% Fib retracement level of the upward move from the $0.9988 swing low to the $1.1860 high. On the upside, the price might face resistance near the $1.100 level. The first major resistance is near the $1.140 level. The next key resistance could be $1.1850. A clear move above the $1.1850 resistance might send the price toward the $1.200 resistance. Any more gains might send the price toward the $1.2250 resistance or even $1.2320 in the near term. The next major hurdle might be $1.250. More Downsides? If XRP fails to clear the $1.140 resistance zone, it could continue to move down. Initial support on the downside is near the $1.040 level. The next major support is near the $1.00 level. If there is a downside break and a close below the $1.00 level, the price might continue to decline toward the $0.980 support in the near term. The next major support sits near the $0.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1040 and $1.0000. Major Resistance Levels – $1.1400 and $1.1850.

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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