Ripple (XRP) tests $0.5 in the recent rally – Can it bounce back from the crypto crash?

Ripple (XRP) tests $0.5 in the recent rally – Can it bounce back from the crypto crash?
фото показано с : coinjournal.net

2022-5-15 17:49

Ripple (XRP) appears to have stopped the bleeding after two days of steep decline. The coin has in fact found some bullish uptrend in what looks like a trend reversal. But can it actually bounce back right away after crashing at the start of the week? Details are below but first, key points.

XRP tried to test $0.5 after two days of steep losses

The coin was however rejected at that price and has since fallen 10%

XRP will likely retest $0.5 again this week as bulls try to find more demand

Data Source: Tradingview 

Is Ripple bouncing back?

It is important to be aware of the dead cat bounce in crypto right now. You see, after every crash, we often see some trend reversal where coins rally only to fall again. For XRP, the attempted surge towards $0.5 appears to be a dead cat bounce. 

The fact that the coin was rejected firmly in this attempt shows that there is very little demand at the moment. Besides, overall sentiment in the crypto market has not changed that much. While we expect XRP to try and reach $0.5 in the coming days, it is likely the coin will fail again. 

Also, XRP still faces crucial hurdles even if it was able to go above $0.5. The price action will struggle to maintain any prolonged upward momentum right now. For these reasons, the outlook for XRP still remains bearish in the short term.

When will XRP recover?

There were hopes that the second quarter of 2022 would provide much-needed impetus for crypto. But it is clear that sentiment in the broader market has not yet shifted significantly in a positive way. 

As such, XRP will likely face a period of high volatility until the end of June. But from a long-term point of view, there could still be superb gains by year’s end.

The post Ripple (XRP) tests $0.5 in the recent rally – Can it bounce back from the crypto crash? appeared first on Coin Journal.

origin »

Ripple (XRP) на Currencies.ru

$ 2.3495 (-0.17%)
Объем 24H $6.881b
Изменеия 24h: 4.34 %, 7d: 6.38 %
Cегодня L: $2.286 - H: $2.4187
Капитализация $137.564b Rank 4
Цена в час новости $ 0.4258 (451.78%)

ripple xrp bounce back crash crypto recent

Источник: coinjournal.net

ripple xrp → Результатов: 126


Что будет с ценой Ripple

XRP не может запустить значительный рост и пробить ключевой уровень сопротивления. Несмотря на попытки восстановления, Ripple не удается достичь прогресса выше отметки $2,56. Резкое снижение скорости обращения монет XRP усугубляет ситуацию, указывая на слабую активность инвесторов Ripple и растущие опасения на рынке.

2025-3-29 10:37


Фото:

Ripple Price Prediction: SEC Capitulates – 10X Ripple On the Table As New Era Begins

The SEC has officially dropped its lawsuit against Ripple, marking a major victory for XRP. With legal uncertainty gone, some predict XRP could see massive gains, potentially surging 10X. On the other hand, there is an innovative project StratoVM that could steal the show as it records a remarkable price surge, soaring 1214% in value [...]

2025-2-28 20:50


Киты выкупили 970 млн токенов Ripple

За последние три дня киты значительно пополнили свои запасы токенов Ripple (XRP). Такое сильное давление покупателей способно поддержать рост альткоина в ближайшие дни. Разбираемся, что происходит на рынке Ripple (XRP) и до каких уровней может взлететь альткоин.

2024-12-18 19:54


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Investors keep asking: What is XRPfi?

XRPfi, or XRP-based decentralized finance, refers to integrating XRP, primarily known for facilitating fast, low-cost cross-border payments, into the broader decentralized finance (DeFi) ecosystem. XRPfi aims to enable XRP holders to participate in decentralized applications such as yield generation, lending, borrowing, decentralized exchanges (DEXs), and derivatives trading, thus expanding the asset’s traditional scope of use. […]