Ripple Price AnalysisXRP has remained above the psychological level of 1.0000 despite the recent downtrend. After hitting a six-month high of 1.3487 mid-last week, the altcoin has since dropped by about 22.97%.
Currently, Ripple trades at $1.06. On a three-hour chart, it is trading below the 25 and 50-day exponential moving averages. Based on both the fundamentals and technicals, the crypto may remain under pressure in the near term.
I expect the crypto to trade within a rather tight range between Thursday’s low of 1,0160 and the 25-day EMA at 1.0883. Past the horizontal channel’s upper border, Ripple price will be in good shape to rebound further above the prior support level of 1.1000.
If that happens, the resistance level to watch will be along the 50-day EMA at 1.1202. A move below the channel’s lower border will have the bulls defending the crucial support zone of 1.0000.
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Thomasfuller
Enjin Coin Price AnalysisThe 4-hour chart shows that the Enjin cost has opposed odds in the past few days. While most coins have slammed, Enjin has kept a somewhat bullish pattern. It is even only a couple of points beneath its most elevated level this year.
The coin has additionally moved over the rising, It also seems like it is forming an ascending triangle pattern. This pattern is usually a bullish sign. The Relative Strength Index (RSI) has risen while the price is above the 25-day moving average.
In this manner, Enjin will probably continue to ascend as bulls target highs of $3.6, which is around 16% over the current level. This analysis will be negated in the event that it falls beneath $2.5.
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Dogecoin Price AnalysisDOGE is trading sideways in the wake of dipping under key levels prior in the week. On Tuesday, the altcoin expanded its week's misfortunes; falling beneath the critical help zone of 0.2500.
On a three-hour chart, it is trading below the 25 and 50-day exponential moving averages. In the near term, I expect the prior support zone of 0.2500 to be a key resistance level. From this perspective, Dogecoin's price will probably trade within a range between Wednesday’s low of 0.2295 and along the 25-day EMA at 0.2434. A move below the stated lower border will likely place the support zone at 0.2200.
In the wake of hitting November's low of 0.2242, it has since bounced back to trade inside a tight scope between the range of 0.2300 and 0.2425. In the course of the last five sessions, Dogecoin's cost has dropped by 13.70%.
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