Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Oct / 11
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- Bitcoin Drop May Trigger XRP Price Retest of $0.45, Crypto Analyst Warns
- Oct 11, 2024 at 02:34 pm CaptainAltcoin
- Crypto analyst Chris McCrypto posits a potential XRP price decline to $0.45 if Bitcoin falls to $57k. Technical indicators on XRP's chart hint at a bearish outlook within a symmetrical triangle pattern, with the stochastic RSI and RSI indicating reduced momentum and downside pressure. The potential influence of Bitcoin's price movement is also noted, with a decline potentially aligning with the bottom support of the triangle. McCrypto suggests a final dip before XRP's MACD indicator approaches a bearish crossover, potentially followed by a breakout from the triangle pattern.
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