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While negativity persists in the ETF channel, the Bitcoin price has dropped to as low as $64,550 in the last 24 hours. The daily loss was 7%. The fall in BTC price is causing popular altcoins to weaken from their resistance levels to support levels. What is the latest situation on the front of XRP, DOGE, and ADA Coin, which are of great interest to long-term investors?
儘管 ETF 通道中的負面情緒持續存在,但比特幣價格在過去 24 小時內已跌至 64,550 美元。每日損失為7%。比特幣價格下跌導致流行的山寨幣從阻力位跌至支撐位。長期投資者非常感興趣的XRP、DOGE和ADA Coin的最新情況如何?
Ripple (XRP)
瑞波幣 (XRP)
XRP Coin price has retreated to the $0.58 support level we warned about this week. The 24-hour loss is around 4%. The symmetrical triangle formed over the past few days reflected the weakness of the bulls. The 20-day flat EMA and RSI below the neutral zone favor the bears. If BTC recovers quickly, the triangle’s resistance at $0.74 could be targeted, but this currently seems challenging.
XRP 幣價格已回落至我們本週警告的 0.58 美元支撐位。 24小時損失約為4%。過去幾天形成的對稱三角形反映了多頭的疲軟。 20 日均線和 RSI 均線位於中性區下方,對空頭有利。如果 BTC 迅速恢復,三角形阻力位 0.74 美元可能會成為目標,但目前看來具有挑戰性。
If we see closures below the triangle’s support line, new lows could be sought below $0.52 and $0.48. Losing the $0.5 region will dampen hopes for a rally. This month, we will see Ripple’s response to a $2 billion penalty claim, and upcoming court news could increase volatility.
如果我們看到收盤價低於三角形支撐線,則可能會在 0.52 美元和 0.48 美元下方尋求新低點。失去 0.5 美元區域將削弱反彈的希望。本月,我們將看到 Ripple 對 20 億美元罰款索賠的回應,即將發布的法庭消息可能會增加波動性。
If we witness a weak defense and a decision against Ripple by the judge, we can expect selling pressure of over $1 billion. Naturally, in this case, investors might start selling before Ripple’s management does.
如果我們看到法官的辯護不力和針對 Ripple 的裁決,我們預計拋售壓力將超過 10 億美元。當然,在這種情況下,投資者可能會在 Ripple 管理層之前開始拋售。
Dogecoin (DOGE)
狗狗幣 (DOGE)
DOGE bulls have been trying to turn $0.19 into support but have not been successful so far. The daily loss exceeded 10%, and the price is at $0.184. The 20-day EMA ($0.18) remains a key level for bears to accelerate losses. If selling continues, the price could fall to the 50-day SMA ($0.14).
DOGE 多頭一直試圖將 0.19 美元轉化為支撐位,但迄今為止尚未成功。每日虧損超過10%,價格為0.184美元。 20 日均線(0.18 美元)仍然是空頭加速損失的關鍵水平。如果拋售持續,價格可能會跌至 50 日移動平均線(0.14 美元)。
In a bullish scenario, overcoming the $0.23 resistance could lead to a new move towards $0.3 and $0.33. However, this possibility seems unlikely under current conditions.
在看漲的情況下,克服 0.23 美元的阻力位可能會導致價格朝 0.3 美元和 0.33 美元的新方向移動。然而,在目前的情況下,這種可能性似乎不大。
ADA Coin Chart Analysis
ADA 幣圖表分析
The ADA Coin price has dropped to $0.58 today due to the unbroken resistance at $0.68 and changes in overall market sentiment. At the time of writing, it is still in the support zone with daily losses of 6.42%. The price has been trapped between $0.57 and $0.68 for a long time, and the expected breakout could be downward.
由於 0.68 美元的阻力位未被突破以及整體市場情緒的變化,ADA 幣價格今天已跌至 0.58 美元。截至撰寫本文時,該股仍處於支撐區域,日跌幅為 6.42%。價格長期被困在0.57美元至0.68美元之間,預計突破可能會向下。
If the support between $0.57 and $0.58 is lost, the ADA Coin price could fall back to $0.46. In the opposite scenario, the peak target will be $0.68.
如果失去 0.57 美元至 0.58 美元之間的支撐位,ADA 幣價格可能會回落至 0.46 美元。在相反的情況下,峰值目標將為 0.68 美元。
The post first appeared on COINTURK NEWS: Bitcoin Price Drop Triggers Altcoin Market Decline
該貼文首次出現在 COINTURK 新聞上:比特幣價格下跌引發山寨幣市場下跌