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$XRP going to be the new gold? or not?
$XRP is showing signs of a major price move. After hitting a low of $2.03 on April 16, XRP rebounded slightly and remained in a narrow range for the next 5 days.
Since then, the XRP price has been hovering between $2.03 and $2.12, with traders waiting to see where the price will go next.
This narrow price range usually means that the price can suddenly change, either up or down.
Trading volume has fallen 19% in the past 24 hours to just $1.39 billion. This is a common occurrence before prices start to move higher again.
Those pushing the price down have not been able to push XRP below the $2 support level. This shows that there are not many sellers around that price range.
Those who are pushing the price up may try to pull the price back up and it could reach around $2.23, which is around the 50-day SMA (50-day moving average).
#That $2.23 price is an important price to watch for a while. A break above that could open the way for further upside.
#Alternatively , if the price breaks below the $2 price level, the XRP price could change direction and fall to further lows between $1.72 and $1.61.
$XRP is showing signs of a major price move. After hitting a low of $2.03 on April 16, XRP rebounded slightly and remained in a narrow range for the next 5 days.
Since then, the XRP price has been hovering between $2.03 and $2.12, with traders waiting to see where the price will go next.
This narrow price range usually means that the price can suddenly change, either up or down.
Trading volume has fallen 19% in the past 24 hours to just $1.39 billion. This is a common occurrence before prices start to move higher again.
Those pushing the price down have not been able to push XRP below the $2 support level. This shows that there are not many sellers around that price range.
Those who are pushing the price up may try to pull the price back up and it could reach around $2.23, which is around the 50-day SMA (50-day moving average).
#That $2.23 price is an important price to watch for a while. A break above that could open the way for further upside.
#Alternatively , if the price breaks below the $2 price level, the XRP price could change direction and fall to further lows between $1.72 and $1.61.
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#That is what Tariffs Will DO
If you want to pay $3,500 (£2,700) for an iPhone, build it in America. If you want to pay $1,000 (£770), build it in China. If you want to pay $400 (£310) for a pair of Nike sneakers, create them in America; $100 (£78), create them in Vietnam.
If you want to pay $3,500 (£2,700) for an iPhone, build it in America. If you want to pay $1,000 (£770), build it in China. If you want to pay $400 (£310) for a pair of Nike sneakers, create them in America; $100 (£78), create them in Vietnam.
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