XRP is rebounding after a significant price drop over the past few weeks, while Dogecoin continues to struggle, failing to recover from its recent losses amid market uncertainty.
XRP在過去幾週的價格下降後,XRP正在反彈,而Dogecoin繼續掙扎,由於市場不確定性而無法從最近的損失中恢復過來。
XRP's recent price rally suggests a positive outlook for investors. Conversely, Dogecoin (DOGE) has fallen below key support levels, signaling an end to its upward trend.
XRP最近的價格集會表明投資者的前景是積極的前景。 相反,Dogecoin(Doge)降至關鍵支持水平以下,這標誌著其上升趨勢的結束。
Analyzing XRP and DOGE Fibonacci Retracement Levels
分析XRP和Doge fibonacci回縮水平
XRP shows promising signs of a bullish recovery after a prolonged downtrend. After reaching a peak of $3.40 in mid-January, XRP experienced a price drop of approximately 25%. However, it's now regaining momentum. MarketCap data indicates a 3.16% increase in the last 24 hours, placing the price at $2.28.
XRP顯示出長時間下降趨勢後看漲恢復的有前途的跡象。 在1月中旬達到$ 3.40的高峰後,XRP的價格下降了約25%。但是,現在正在恢復動力。 MarketCap數據表明,過去24小時內增加了3.16%,將價格定為2.28美元。
Despite the earlier sell-off, technical analysis reveals that the price only retraced 38.2% according to Fibonacci levels. These levels often indicate potential areas where a price trend might resume. The 38.2% retracement is encouraging for XRP bulls, suggesting a potential return to the previous upward trend. This uptrend, initiated on November 4th at $0.495, culminated on January 16th at $3.40. Price pullbacks to the 38%, 50%, and 61.8% Fibonacci levels are common before larger rallies begin. This provides reason for optimism regarding future price increases for XRP.
儘管較早拋售,但技術分析表明,根據斐波那契水平,價格僅回落了38.2%。 這些水平通常表明可能恢復價格趨勢的潛在領域。 38.2%的回撤令人鼓舞,這對XRP公牛隊來說是令人鼓舞的,這表明潛在地回到了以前的上升趨勢。 這一上升趨勢於11月4日發起,$ 0.495,在1月16日以3.40美元的價格達到高潮。 在較大的集會開始之前,價格下降至38%,50%和61.8%的斐波那契水平很常見。這為XRP的未來價格上漲提供了樂觀的理由。
In contrast to XRP's positive indicators, DOGE's outlook appears less favorable based on Fibonacci retracement analysis. The price has fallen below the 61.8% retracement level, suggesting an end to its rally. DOGE has shed over 70% of its gains since October, peaking at $0.484 in December. At the time of writing, DOGE is trading at $0.2062, down 0.54% in the last 24 hours and 18.7% over the past week. While some analysts previously predicted a rise to $0.84 in March, this remains to be seen.
與XRP的積極指標相反,基於斐波那契回溯分析,Doge的前景似乎不太有利。 價格低於61.8%的回撤水平,這表明其集會結束。 自10月以來,Doge已省下了超過70%的收益,在12月達到了0.484美元的峰值。在寫作時,Doge的交易價格為0.2062美元,在過去24小時內下跌0.54%,在過去一周中下跌18.7%。 儘管一些分析師先前預測3月上漲為0.84美元,但這仍然有待觀察。
Positive News for XRP
XRP的積極消息
Positive momentum is building for XRP, fueled by anticipation of Exchange-Traded Fund (ETF) approval. Recent news regarding an XRP-based ETF is highly encouraging. As previously reported, Brazil's Securities and Exchange Commission (CVM) has approved the world's first XRP ETF, allowing investors direct exposure to XRP through the B3 stock exchange. This demonstrates a progressive approach to crypto regulation in Brazil. In the US, regulators are also reviewing XRP ETF applications from various firms. Approval could significantly increase institutional demand for XRP, mirroring the impact seen with Bitcoin and Ethereum ETFs. The growing institutional interest in an XRP ETF has been noted by industry experts, such as Bitwise Chief Investment Officer Matt Hougan. This interest is being driven by major asset firms, including Bitwise, Grayscale, and 21Shares.
XRP的積極勢頭是在預期交易所貿易基金(ETF)批准的推動下建立的。有關基於XRP的ETF的最新消息令人鼓舞。 如前所述,巴西的證券交易委員會(CVM)批准了世界上第一個XRP ETF,使投資者通過B3證券交易所直接接觸XRP。 這表明了巴西的加密調節方法。 在美國,監管機構還審查了來自各個公司的XRP ETF應用程序。 批准可以顯著增加對XRP的機構需求,反映了比特幣和以太坊ETF所看到的影響。 行業專家(例如Bitwise首席投資官Matt Hougan)指出,對XRP ETF的機構興趣日益增長。 這一興趣是由主要資產公司(包括位,灰度和21shares)驅動的。