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

Ripple and Tron: Ripple continues to sink under pressure

by October 3, 2024
written by October 3, 2024

Ripple and Tron: Ripple continues to sink under pressure

This morning, we saw the formation of a new weekly low price of Ripple at the 0.5237 level
On Wednesday, the price of Tron fell to 0.153137, a new weekly low

Ripple chart analysis

This morning, we saw the formation of a new weekly low price of Ripple at the 0.5237 level. After that, the price tried to start a recovery but encountered resistance at the 0.5450 level. A new bearish consolidation from that level now brings us back to the support zone. Bearish momentum is present on the chart; we could soon see a breakout below and a drop to a new weekly low. Potential lower targets are the 0.5100 and 0.5000 levels.

For a bullish option, we need a positive consolidation and a return of the Ripple price above the 0.5500 level. In this way, we would first move away from the previous low and strengthen optimism for a possible recovery. Potential higher targets are 0.5600 and 0.5700 levels. We will have additional resistance in the 0.5700 zone in the EMA 50 moving average.

 

Tron chart analysis

On Wednesday, the price of Tron fell to 0.153137, a new weekly low. The price quickly consolidated there and started a bullish trend. Movement takes place in the bullish channel, and today’s low was formed at the 0.154000 level. We received support from the EMA 200 moving average today and hope for further growth above yesterday’s high of 0.155500. Potential higher targets are 0.156000 and 0.157000 levels.

For a bearish option, we need a negative consolidation and a return first of Tron below the EMA 200 moving average and the 0.154000 level. With that step, we move to a new daily low. After that, we expect a strengthening of the bearish momentum and a pullback of the Tron price to a new daily low. Potential lower targets are 0.153500 and 0.153000 levels.

 

The post Ripple and Tron: Ripple continues to sink under pressure appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump blasts DOJ for ‘election interference,’ calls Jack Smith case a ‘scam’ after judge unseals key filing
next post
Solana and Cardano: New Lows and Targets for Today

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

  • VICTOR DAVIS HANSON: 10 bad takeaways from the Zelenskyy blow-up

    March 2, 2025
  • ApeCoin and the Akita Inu: Akita collapses under pressure

    July 25, 2024
  • New resistance battling Trump’s second term through onslaught of lawsuits taking aim at EOs

    February 12, 2025
  • Kroger chairman and CEO resigns following investigation into personal conduct

    March 3, 2025
  • Taiwan FM hails importance of US relationship, says group visits ‘contribute to peace and stability’

    January 10, 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

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

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,721)
  • Investing (624)
  • Stock (773)

Latest Posts

  • Doctors react after Biden’s live address to the nation: A concerning ‘lack of emotion’

    July 25, 2024
  • Mast demands VA fire staffers over Vance, Walz medical record breach, FBI probe possible foreign interference

    October 1, 2024
  • Biden awards Pope Francis with highest civilian honor, Presidential Medal of Freedom, over the phone

    January 12, 2025

Recent Posts

  • Status price: are spot Ethereum ETFs bullish for SNT?

    July 23, 2024
  • Chinese stocks surge on AI optimism, nearing three-year highs

    February 14, 2025
  • John Ratcliffe confirmed as next CIA director, becomes second Trump nominee to gain congressional approval

    January 23, 2025

Editor’s Pick

  • Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

    March 18, 2025
  • Tencent Stock: Q3 Profit Surges 47%, Gaming and Ads Lead

    November 15, 2024
  • Musk was never briefed on China war plans at Pentagon meeting, Trump and Hegseth say

    March 22, 2025
  • 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