Advertisement
AD

Main navigation

XRP Price Analysis for February 26

Advertisement
Sun, 26/02/2023 - 19:00
XRP Price Analysis for February 26
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Sunday is about to become bearish for the cryptocurrency market, according to CoinMarketCap's ranking.

Advertisement

Top 10 coins by CoinMarketCap

XRP/USD

The price of XRP has fallen by 0.39% over the last 24 hours.

XRP/USD chart by TradingView

On the local chart, XRP is trading near the formed support at $0.3760. If buyers cannot seize the initiative by the end of the day, the breakout may lead to a drop to the $0.375 zone.

XRP/USD chart by TradingView

From the technical point of view, XRP is also more bearish than bullish on the daily time frame. If the bar closure happens near the support level at $0.3725, the decline may continue to the next important zone of $0.36198.

XRP/USD chart by TradingView

On the weekly chart, XRP is about to return to the support level at $0.3679, which means that it is unlikely to see growth shortly.

Related

In this case, sideways trading in the range of $0.36-$0.38 is the more likely scenario until mid-March.

XRP is trading at $0.3763 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD