XRP is clinging to a crucial price level, while Dogecoin's recent rally appears to have ended. According to CoinMarketCap, XRP has experienced a 25% decline this month, falling from $3.40 mid-January to its current price of $2.28. Despite the broader cryptocurrency market downturn, led by Bitcoin, XRP has managed to maintain a price above $2. However, this support level may prove fragile if a new sell-off begins tomorrow during Asian trading hours.
XRP緊貼著至關重要的價格水平,而Dogecoin最近的集會似乎已經結束。 根據CoinMarketCap的數據,XRP本月的下降了25%,從1月中旬的3.40美元下降到目前的2.28美元。 儘管由比特幣領導的更廣泛的加密貨幣市場下滑,但XRP還是設法將價格保持在2美元以上。但是,如果明天在亞洲交易時間內開始新的拋售,則此支持水平可能會證明脆弱。
XRPUSD Price Chart | Source: CoinMarketCap
XRPUSD價格圖|資料來源:CoinMarketCap
There is still some cause for optimism, as XRP remains above the 38.2% Fibonacci retracement level – a significant area where price rebounds often occur.
仍然存在樂觀的原因,因為XRP保持高於38.2%的斐波那契回溯水平,這是價格籃板經常發生的重要領域。
XRPUSDT Daily Chart | Source: TradingView
XRPUSDT每日圖表|資料來源:TradingView
Dogecoin, conversely, presents a less encouraging picture. DOGE has fallen below the 61.8% Fibonacci retracement level, a key indicator often associated with bearish reversals. Following a substantial rally from $0.10 in October to $0.484 in December, DOGE has now dropped below $0.21, representing a loss of over 70% of its peak value.
相反,Dogecoin提出了不太令人鼓舞的圖片。 總督已降至61.8%的斐波那契回回層,這是一個與看跌逆轉有關的關鍵指標。 在實質性的集會從10月的0.10美元到12月的0.484美元之後,Doge現在已降至0.21美元以下,損失了其峰值價值的70%以上。
DOGEUSD Daily Price Chart | Source: TradingView
Dogeusd每日價格圖|資料來源:TradingView
Fibonacci retracement is a technical analysis tool used by traders to estimate potential price pullbacks before a trend resumes.
斐波那契回溯是貿易商使用的技術分析工具,用於估計趨勢恢復之前的潛在價格回調。
In summary, while experiencing a price decline, XRP is currently demonstrating relative resilience, whereas Dogecoin's momentum appears to be waning.
總而言之,XRP目前證明了相對的彈性,而Dogecoin的勢頭似乎正在減弱。