Articles
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1 week ago |
u.today | Arman Shirinyan
The price of XRP is consolidating between two significant exponential moving averages — the 26 EMA and the 50 EMA — and is trapped in a narrow range, displaying indecision. Since a major breakout or breakdown is usually indicated by this zone of compression, XRP's current position in the market is among the most crucial in weeks.
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1 week ago |
u.today | Arman Shirinyan
With a strong performance, Ethereum has risen above key resistance levels and is not showing any signs of slowing down. The most notable technical development is the 26-day EMA's cross above the 200-day EMA, a classic momentum indicator that validates the strength of the current rally and provides access to even higher price targets. The daily chart shows a clear break of the $2,500 resistance level, which was followed by a steep ascent to the current price range of about $2,710.
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1 week ago |
u.today | Arman Shirinyan
According to recent XRP on-chain data, the number of transactions has drastically decreased, falling from over 400 million XRP to only about 100 million. This sudden decline suggests a possible market recalibration and a notable shift in activity. Such a sharp change in on-chain volume usually indicates a change in sentiment or the start of a more general cooling of the market.
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1 week ago |
u.today | Arman Shirinyan
Shiba Inu's journey has taken an unexpected turn as the price performance seems to have stalled just as optimism was building. SHIB is testing a critical support zone close to the 50-day and 100-day EMAs, as seen by the market chart at $0.00001457. The price has been stable in this area for the past few weeks, but if buyers do not come, it could drop. The sentiment of the SHIB market as a whole is unchanged.
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1 week ago |
u.today | Arman Shirinyan
XRP is in a dangerous spot, and the $2 mark is in grave danger. The daily chart has shown XRP fluctuating just above critical moving averages, making the price action nothing short of a battlefield. The asset is cautiously balancing close to the 50 EMA and the 100 EMA at $2.28. Technically speaking, these moving averages are typically regarded as important supports; however, at the moment they are aligning more toward a tightrope walk for XRP.
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