• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Pressing Name For Bulls As Analysts Predict Dire Correction Forward

SB Crypto Guru News by SB Crypto Guru News
January 20, 2024
in Analysis
0 0
0
Pressing Name For Bulls As Analysts Predict Dire Correction Forward


XRP is at the moment at a essential juncture, as crypto analyst CoinsKid has identified. The analyst has raised considerations concerning the altcoin’s quick future and emphasizes the pressing want for bullish momentum to forestall a major downturn.

Bulls Ought to Step In Fast

Within the publish shared on X, CoinsKid burdened that if the bulls don’t step in quickly, XRP may face a drastic “macro correction,” doubtlessly plummeting its value towards the $0.38 degree. This warning follows a interval of declining costs for XRP, which has seen the asset wrestle to take care of its worth.

The analyst elaborated, “Squeaky bum time. TICK TOCK,” highlighting the urgency and the nervous anticipation surrounding XRP’s value motion within the coming days.

This sentiment displays a broader concern amongst XRP buyers and market observers. The shortage of bullish exercise within the current interval has left XRP susceptible to additional losses, elevating fears that it may slide to its lowest ranges in months.

The potential drop to $0.38 would characterize a loss in worth and mark a brand new section of uncertainty for the cryptocurrency. This comes when the broader crypto market is experiencing its personal challenges, with numerous property going through downward strain.

We have to see the bulls step in right here for #xrp. In any other case, we may see a much bigger macro correction play out in direction of the 0.786 at $0.38

Squeaky bum time. TICK TOCK pic.twitter.com/jKlBsiXu6h

— CoinsKid (@Coins_Kid) January 19, 2024

XRP Value Motion And Bearish Affirmation

XRP’s current market efficiency has been removed from reassuring for its holders. Over the previous week, the asset has seen a decline of greater than 10%, and up to now, this bearish development reveals no indicators of abating. The altcoin is buying and selling beneath $0.53, a drop of almost 5% previously 24 hours.

XRP price chart on TradingView
XRP value is transferring sideways on the 1-hour chart. Supply: XRP/USDT on TradingView.com

This downward trajectory is additional corroborated by crypto analyst Ali, who has identified that ought to XRP breach the $0.55 degree, the altcoin may tumble right down to as little as $0.34. Such a drop would take the altcoin to a value level not seen since April 2023, an alarming prospect for buyers and the XRP group.

$XRP is at the moment grappling to take care of its footing on the essential $0.55 help degree. Ought to this help fail to carry, be ready for a potential sell-off situation that would see #XRP descending towards $0.34! pic.twitter.com/6oKObjpnnm

— Ali (@ali_charts) January 18, 2024

Regardless of this downturn, XRP’s every day buying and selling quantity has remained comparatively secure, fluctuating between $1.4 billion and $1.2 billion over the previous week. On the time of writing, Altcoin’s buying and selling quantity was round $1.28 billion.

Featured picture from Unsplash, Chart from Tradingview

Disclaimer: The article is offered for academic functions solely. It doesn’t characterize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You might be suggested to conduct your personal analysis earlier than making any funding selections. Use info offered on this web site completely at your personal threat.





Source link

Tags: aheadAnalystsBitcoin NewsBullsCallCorrectionCrypto NewsCrypto UpdatesdireLatest News on CryptoPredictSB Crypto Guru Newsurgent
Previous Post

Luma Monetary Applied sciences Faucets Yieldstreet for Various Investments

Next Post

SEC opens feedback on choices buying and selling for BlackRock, Cboe spot Bitcoin ETFs

Next Post
SEC opens feedback on choices buying and selling for BlackRock, Cboe spot Bitcoin ETFs

SEC opens feedback on choices buying and selling for BlackRock, Cboe spot Bitcoin ETFs

  • Trending
  • Comments
  • Latest
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
5 Proven XR and AI Training Use Cases for Enterprises

5 Proven XR and AI Training Use Cases for Enterprises

June 2, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
Why Bitcoin Summer 2025 Will Catch Everyone Off Guard: Analyst

Why Bitcoin Summer 2025 Will Catch Everyone Off Guard: Analyst

0
Solana (SOL) at Crossroads — Bounce Likely If 2 Remains Intact

Solana (SOL) at Crossroads — Bounce Likely If $142 Remains Intact

0
XRP Ledger payment transactions surges 430% in two years

XRP Ledger payment transactions surges 430% in two years

0
InComm Partners with NCR Atleos on Cardless Cash ATMs

InComm Partners with NCR Atleos on Cardless Cash ATMs

0
Big Beautiful Bill Passed Without Crypto Tax Exemption but Hope’s Not Lost

Big Beautiful Bill Passed Without Crypto Tax Exemption but Hope’s Not Lost

0
Hobbs Rejects New Attempt to Use Seized Crypto in Arizona

Hobbs Rejects New Attempt to Use Seized Crypto in Arizona

0
XRP Ledger payment transactions surges 430% in two years

XRP Ledger payment transactions surges 430% in two years

July 2, 2025
Why Bitcoin Summer 2025 Will Catch Everyone Off Guard: Analyst

Why Bitcoin Summer 2025 Will Catch Everyone Off Guard: Analyst

July 2, 2025
Big Beautiful Bill Passed Without Crypto Tax Exemption but Hope’s Not Lost

Big Beautiful Bill Passed Without Crypto Tax Exemption but Hope’s Not Lost

July 2, 2025
Hobbs Rejects New Attempt to Use Seized Crypto in Arizona

Hobbs Rejects New Attempt to Use Seized Crypto in Arizona

July 2, 2025
Crossmint and Visa Join Forces to Power AI-Driven Commerce

Crossmint and Visa Join Forces to Power AI-Driven Commerce

July 2, 2025
Solana (SOL) at Crossroads — Bounce Likely If 2 Remains Intact

Solana (SOL) at Crossroads — Bounce Likely If $142 Remains Intact

July 2, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.