XRP The eyes of their investors are on 21 May after the harsh price mobility in recent days. According to Analyst Levi, this window, in which global uncertainty and technique intersects, can determine the direction of Altcoin. Currently, the price of Altcoin is trying to hold onto the $ 2,31 – $ 2.15 band and a closing closing can open the door of higher levels. Conversely, it can reverse the positive scenario in the short term of $ 1,79.
May 21 for XRP critical
The sessions in which the price fell into the $ 2 band and recovered rapidly strengthened the strategy of “buy it from the bottom”. In -chain data show that the balance per wallet increases and long -term -oriented investors have accumulated instead of selling. New guarantees added to the liquidity pools indicate that sales pressure may be limited. For short-term al-sale, the $ 2,31-$ 2.15 range offers both risk and opportunity. Hard tabs have been seen three times in the last 12 months and a price reaction was produced by more than 15 percent each time.
On the technical side, the 100 -day EMA is still below the price supports the rise scenario. On the other hand, the rise of volatility reminds us that it should be cautious in leverage positions.
Option marketMay 21, the maturity of the finite contracts, the purchase interest in the traders expects the upward surprise. However, the last decision for the direction of the market depends on the volume of the future on the spot.
Possible pressure of geopolitical tensions on the price of XRP
USA-China The trade tension in the line affects not only stocks and bond markets but also crypto currencies. Washington’s controls for semiconductor exports triggered the discourse of “retaliation” in Beijing while the risk appetite weakened. During such periods, it tends to withdraw from the volatile assets in the traditional investor portfolio. The first movement is usually bitcoin $102,915.01(BTC), and the second mobility is large capital like XRP altcoinis seen in the ones.
Nevertheless, XRP’s “payment infrastructure” vision can serve as a buffer against the geopolitical news flow. Since interbank transfer pilots strengthen Altcoin’s long -term usage area, they rapidly activate their foot buyers in deep sales. Analysts predict that voluminous purchases may be activated if they are broken $ 2,61, otherwise the price will look for a balance of around $ 2.15 in parallel with the external news flow.
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.