Ripple\u2019s price has once again disappointed investors, as the market crashed just when it began a seemingly new bull run.<\/p>\n
By Edris Derakhshi (TradingRage)<\/a><\/p>\n Against USDT, XRP has failed to stay above the $0.6 level, and it has also broken below the 200-day moving average following an unexpected crash.<\/p>\n The RSI also shows values below 50%, indicating that the market momentum is bearish.<\/p>\n If the price does not successfully climb back above the 200-day moving average, a further drop toward the $0.5 support level could be expected.<\/p>\n <\/a>Source: TradingView<\/p>\n Looking at the XRP\/BTC pair, the market is demonstrating similar behavior.<\/p>\n The price has broken below the 200-day moving average and is also breaking through the 800 SAT support level. As it stands, a further decline toward the 600 SAT support zone seems more probable than any other bullish scenario.<\/p>\n This would change if the market breaks back above the 200-day moving, located around the 900 SAT mark.<\/p>\n <\/a>Source: TradingView<\/p>\n The post Ripple Price Analysis: XRP Unable to Overcome $0.55, is a Crash Imminent?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple\u2019s price has once again disappointed investors, as the market crashed just when it began a seemingly new bull run. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, XRP has failed to stay above the $0.6 level, and it has also broken below the 200-day moving average following an unexpected […]<\/p>\n","protected":false},"author":0,"featured_media":14820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14819"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14819"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/14820"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The USDT Paired Chart<\/h3>\n
The BTC Paired Chart<\/h3>\n
![<\/a>Source: TradingView<\/p>\nThe BTC Paired Chart<\/h3>\nLooking at the XRP\/BTC pair, the market is demonstrating similar behavior.<\/p>\nThe price has broken below the 200-day moving average and is also breaking through the 800 SAT support level. As it stands, a further decline toward the 600 SAT support zone seems more probable than any other bullish scenario.<\/p>\nThis would change if the market breaks back above the 200-day moving, located around the 900 SAT mark.<\/p>\n<\/a>Source: TradingView<\/p>\nThe post Ripple Price Analysis: XRP Unable to Overcome $0.55, is a Crash Imminent?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple\u2019s price has once again disappointed investors, as the market crashed just when it began a seemingly new bull run. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, XRP has failed to stay above the $0.6 level, and it has also broken below the 200-day moving average following an unexpected […]<\/p>\n","protected":false},"author":0,"featured_media":14820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14819"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14819"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/14820"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/XRPUSDT-Daily-Oct-18-2024-scaled.jpg\"){kind=link}
![<\/a>Source: TradingView<\/p>\nThe post Ripple Price Analysis: XRP Unable to Overcome $0.55, is a Crash Imminent?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple\u2019s price has once again disappointed investors, as the market crashed just when it began a seemingly new bull run. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, XRP has failed to stay above the $0.6 level, and it has also broken below the 200-day moving average following an unexpected […]<\/p>\n","protected":false},"author":0,"featured_media":14820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14819"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14819"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/14820"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/XRPBTC-Daily-Oct-18-2024-scaled.jpg\"){kind=link}