Advertisement
AD

Main navigation

XRP Price Prediction for April 27

Advertisement
Sat, 27/04/2024 - 14:07
XRP Price Prediction for April 27
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

The weekend has started bearish for the market, according to CoinMarketCap.

Advertisement
Top coins by CoinMarketCap

XRP/USD

The price of XRP has declined by 2.13% since yesterday.

Image by TradingView

On the hourly chart, the rate of XRP is in the middle of the local channel between the support of $0.5080 and the resistance of $0.5265.

Related

The volume keeps falling, which means any sharp ups or downs are unlikely to happen by the end of the day.

Image by TradingView

On the daily time frame, traders should pay attention to the bar closure. If it happens near or below the support level of $0.5137, the drop is likely to continue to the next vital zone of $0.50 soon.

Image by TradingView

From the technical point of view, the weekly bar is about to close bearish. If bulls cannot seize the initiative, there is a possibility to see a test of the $0.45-$0.50 area at the beginning of the next month.

XRP is trading at $0.5148 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