Shiba Inu (SHIB) to Add Zero? Three XRP Tests Just Happened, Ethereum (ETH) Golden Cross Next in Line?
Market's state is certainly not great as volatility pushes majority of assets toward their lows
Shiba Inu in trouble?
Ethereum's chance
XRP has once again demonstrated its tenacity by surviving the 200-day exponential moving average, a crucial technical zone. Three times in the past few trading sessions XRP has tested the 200 EMA, each time recovering with significant strength. The long-term trend indicator is now a significant support level and a crucial indicator of investor sentiment as a result of these repeated tests.
As can be seen from the chart, XRP regularly fell to test the 200 EMA (black line) in the $2.09-$2.10 range during June. Every touch led to a strong recovery, indicating that when the asset reaches this fundamental support buyers are acting quickly. Bulls need a stable base to form during erratic market conditions, and this type of repeated interaction with a major moving average without breaking below it frequently suggests the formation of one.#MarketRebound #SparkBinanceHODLerAirdrop #IsraelIranConflict $XRP $SHIB