The crypto money market still maintains its moving course and Bitcoin (BTC) $99,683.26 While seeing 104 thousand dollars, Ethereum (ETH) 
$1,956.30 It gained more than 20 percent and exceeded 2 thousand 300 dollars. The rise wave continues on the Altcoin front and XRP The price increased above $ 2,30 and created a positive atmosphere. Ripple 
$2.21Another supportive development for the XRP of the US Securities and the Stock Exchange Commission (SEC) was conveyed to the court. According to the analyst Josh of Crypto World, the XRP, which has not yet given a strong recovery sign, continues its decline trend in the big picture.
XRP is still in a down trend in a three -day graphics
The price graph in the 3 -day time period, examined by the Josh of Crypto World, shows that the downward trend is still going on in XRP. Lower hills and bottoms indicate a decrease that has lasted for months. Although short -term small leaps took place, the main trend has not yet turned into a bull market.
The analyst warned that the price may not make a stronger exit for a while, saying, “The graphics resembles the experience of history: remember, takes time for the bottom. After several days of resistance tests, the XRP can hang below the trend line. This shows that investors should be careful.
2,45 dollars should be overcome for entry into the bull run
The first obstacle for the XRP to turn the direction up is around $ 2.45. The fact that the daily closing above this level may play a key role in the trend return. The higher bottom formation will be considered as the harbinger of a new wave of rise.
Nevertheless, jams may continue in the $ 2,33-2.45 band. AltcoinMarket psychology can test this place from time to time and produce retreats. Being patient will benefit in terms of reducing the risks of position taken by sudden decisions.
As it is known, the XRP usually moves in parallel with Bitcoin in the Altcoin market. If the rise in Bitcoin continues, XRP may also have similar acceleration in the short term. Nevertheless, the main resistance zones must be cleaned for permanent participation in the bull run.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
