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ETHUSD Ethereum

1,971.58

-10.39 (-0.52%)

07:12:38 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	237,790,262,951	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-10.39	-0.52%	1,971.58	1,971.51	1,971.58

High Price	Low Price	Open Price	Prev. Close	52 Week Range
1,995.27	1,966.88	1,982.69	1,981.97	1,769.91 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	07:12:36	0.000747	1,971.37	USD

Price x Volume	Volume	Base Symbol	Related Pairs
32,713,898.59	16,500.01	ETH	ETHEUR	ETHGBP	ETHBTC

XRP Price Takes a 5% Hit: Is More Downside Ahead?

27/12/2024 4:08am

NEWSBTC

XRP price failed to continue higher above $2.35 and declined. The price is down over 5% and is showing bearish signs below the $2.20 level. XRP price started another decline below the $2.250 support level. The price is now trading below $2.25 and the 100-hourly Simple Moving Average. There was a break below a key declining channel with support at $2.235 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.120 support. XRP Price Dips Again XRP price failed to clear the $2.35 resistance and started a fresh decline, like Bitcoin and Ethereum. There was a sharp move below the $2.30 and $2.50 support levels. Besides, there was a break below a key declining channel with support at $2.235 on the hourly chart of the XRP/USD pair. The pair declined over 5% and even tested the $2.120 zone. A low was formed at $2.126 and the price is now consolidating losses. It corrected some losses and climbed above $2.15. It tested the 23.6% Fib retracement level of the recent decline from the $2.348 swing high to the $2.126 low. The price is now trading below $2.25 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.18 level. The first major resistance is near the $2.20 level. The next resistance is $2.24 or the 50% Fib retracement level of the recent decline from the $2.348 swing high to the $2.126 low. A clear move above the $2.24 resistance might send the price toward the $2.30 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.450. More Losses? If XRP fails to clear the $2.24 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level. The next major support is near the $2.10 level. If there is a downside break and a close below the $2.10 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 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 – $2.120 and $2.100. Major Resistance Levels – $2.180 and $2.240.

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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