Price Analysis

XRP Price to Approach a New High? Is HBAR and ADA Losing Momentum?

Highlights

    XRP price approaching an uptrend, bulls seen rallying at $1.00

    HBAR price sees a setback, bears accumulate in a row.

    ADA price fails to sustain the ignition of bulls, set to sink at $1.76.

XRP Price primed for a surge, predicted to climb the curve

Ripple, the trending altcoin was pulled down significantly at $0.8 in the last few days. Following this sluggish movement, Ripple began to surge substantially and hit the $1 mark in no time. It was seen sailing at the point for some time and raised to $1.1 further. However, the Ripple price swung again plunging down at $1.0000. Currently, the momentum is on board and is approaching a new high once again. 

XRP price

At the time of typing, the XRP price is seen at $1.0098. In the early hours, the price was seen down to the $1.001 mark. Pushing itself off from this range, the price is expected to surge deeply in the coming days. This can come true if XRP keeps up with the trend reaching figures at and above $1.1. Contrastly, if the bulls fail XRP can fall back to the previous range or below $1.

Technical specifications 

  • The resistance value is $ 1.01
  • The support value is $ 0.97
  • The indicators point out a dull buy signal

Also read: XRP price records most bullish weekly and monthly close.

HBAR price experiences downside pressure

The Hedera price strides to crucial levels and is currently seen falling back. The past week saw immense oscillations for HBAR price, where it plunged near $0.206. But pushing forward, the price was next seen at $0.23. However, it tumbled from here and was set into a range of $0.220 and $0.227. Currently HBAR shifted from here into a bearish movement.

HBAR price

At the time of writing, the HBAR price is seen dipping near $0.2269. In the early hours, the price was smashing from $0.220 to $0.228. Unexpectedly, the trends reversed and the price flipped into a downtrend. Sticking to current movement the price may fall further and be seen at $0.224 and beyond in the coming days. Yet, if HBAR can take in some bulls, the price can rally from the fall and approach towards $0.23 in the coming days.

Technical specifications 

  • The resistance value is $ 0.229
  • The support value is $ 0.218
  • The indicators point out a selling pressure.

ADA price sees a sluggish movement, may drop anytime

Cardano, a crucial cryptocurrency player in the current days, is now sailing downwards post a significant surge in the last days. The previous week had been remarkable for ADA, since it saw some prime shifts happen. However, lately Cardano price lifted from a deep fall near $1.35 and began escalating quickly. But the movements kept switching with constant bulls and bears. Currently the price is sailing linear at $1.7 and is at the verge of a downfall.

ADA price

At the time of typing, the ADA price is seen at $1.766. However, in the early hours the price was seen climbing up the curve from $1.65 to $1.77. Anticipations said that ADA may reach $2 today. But in contrast to it, the price started collapsing with some bears and seen at the $1.76 mark. Considering the current motion, ADA may drop sharply in the coming hours near $1.7 and below. If it manages to retain the current momentum, the price will sail at $1.75 for sometime and may rise further.

Technical specifications 

  • The resistance value is $ 1.761
  • The support value is $ 1.782
  • The indicators point out a mild sell signal.

Tags
Show More

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Related Articles

Back to top button
Close
Close