• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Ripple and Tron: Ripple is moving to the bearish side again

by July 18, 2024
written by July 18, 2024

Ripple and Tron: Ripple is moving to the bearish side again

Ripple’s price rose this morning to 0.6378, a new weekly high. 
For the third day, the price of Tron has been in the 0.133000-0.135000 range.

Ripple chart analysis

Ripple’s price rose this morning to 0.6378, a new weekly high. We had no further strength, and a pullback below the 0.6000 level was initiated. The price did not manage to stabilize there either, but it continues to fall, forming a daily low at the 0.5700 level. We are under pressure from the EMA 50 moving average, and it could easily happen that we see a further pullback to a new low.

Potential lower targets are the 0.5600 and 0.5400 levels. For a bullish option, Ripple must stop this pullback and stabilize above the 0.5800 level. After that, it will get a chance to initiate a recovery and move back above 0.6000 and the EMA 50 moving average. If we manage to see that, the chances of further growth on the bullish side will increase. Potential higher targets are the 0.6200 and 0.6400 levels.

 

Tron chart analysis

For the third day, the price of Tron has been in the 0.133000-0.135000 range. This morning, we found support at 0.133500 and are slowly turning to the bullish side. We need a bounce to 0.134500, where we will meet the EMA 200 moving average. If the price has enough strength to overcome that level, it could continue unhindered to the bullish side.

Potential higher targets are 0.135000 and 0.135500 levels. The weekly open price is high at 0.137571. For a bearish option, the price of Tron would have to be below the daily open price. With that, we go to a new daily low and receive confirmation of further continuation on the bearish side. This week’s low is at 0.132898, and we may test it. Potential lower targets are 0.132500 and 0.132000 levels.

 

The post Ripple and Tron: Ripple is moving to the bearish side again appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Stellar retires, while Bitcoin Cash is looking for support
next post
Cantor Fitzgerald sets $20 price target for Core Scientific stock: Should you buy?

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • LTNC Stock: Current Status & Analyst Predictions

    August 26, 2024
  • Best Crypto Exchange UK Platforms

    July 22, 2024
  • Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy

    September 10, 2024
  • Trump bans federal funding for ‘dangerous’ gain-of-function research

    May 5, 2025
  • White House says it didn’t create a banned word list, leaves language choices up to agencies

    March 18, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,506)
  • Investing (634)
  • Stock (941)

Latest Posts

  • Gulf stock markets surge: Dubai leads with earnings boost as Fed rate cut speculation mounts

    July 23, 2024
  • Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

    May 14, 2025
  • Long KVYO: Klaviyo Inc. Breaks New Highs, Strong Q3 Performance Fuels Bullish Momentum

    December 17, 2024

Recent Posts

  • Trump calls for Obama to be criminally investigated, says he was Russiagate ‘ringleader’

    July 22, 2025
  • Inside the FAA’s race to train air traffic controllers: ‘It’s going to take time’

    July 14, 2025
  • Steve Bannon has two-word answer to dismiss 2028 presidential candidacy rumor

    August 7, 2025

Editor’s Pick

  • ApeCoin and Akita Inu: ApeCoin pauses again at 0.800 level

    July 30, 2024
  • White House expecting ‘spike’ in federal resignations as at least 20K take buyouts

    February 4, 2025
  • FDA declares cucumber-linked Salmonella outbreak over after 155 hospitalized

    August 26, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock