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Price movements on the XRP/USD chart revealed how buyers were able to maintain an upside move in price. And with this, perhaps price action may continue its upward path. This analysis will be assistive to traders both in the XRP/USD and XRP/BTC markets as it will cover both.
XRP Analysis Statistics Data:
XRP value now: $0.4590
Ripple market cap: $23.89 billion
Ripple moving supply: 49.89 billion
The Total supply of XRP: 99.99 billion
Ripple Coinmarketcap ranking: #6
Important Price Levels:
Top Levels: $0.4590, $0.4600, $0.4620
Base Levels: $0.4570, $0.4550, $0.4520
Ripple Price Prediction Today, October 26, 2022: XRP/USD Keeps Moving Upwards
The latest candle on the XRP/USD market shows that buyers are having the upper hand. Consequently, the RSI indicator has been corrected to portray a continuous build-up of upward momentum. This can be seen as the curves of this Indicator changed direction from giving a bearish reversal to a bullish trend continuation. Nevertheless, the recent price candle and levels remain under the MA line. Therefore, the price candle will have to reach above the MA Line before the uptrend can be regarded as strong.
Ripple Price Prediction Today, October 26, 2022: XRP/BTC Focuses on Breaking Lower Support
XRP/BTC price movements failed to find support at the 23.60 Fib level, and as a result, fell lower. At this point, price action in this market is getting closer to breaking the 38.20 support level should no support is found there. Furthermore, price action stays under the Moving Average line which portrays a downtrend. Also, the Stochastic RSI has given a bearish crossover, while still deep in the oversold region. Consequently, this portrays how strong the downtrend is. It is logical to predict that the price may soon fall below 0.00002255 shortly.
The first phase of the IMPT token has taken off, and one IMPT token costs $0.018. Also, this token will then cost $0.023 per one by the second phase. By the third stage, the price of this token is anticipated to go even higher.
Dash 2 Trade has experienced a great start, and has raised over $2 million in a matter of days. During the first presale, the price of this token was $0.0476, and this has increased to $0.0500. By the third stage, the price is expected to rise to $0.0513.
Related
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