XRP Tests ‘Golden Pocket’; LINK, HBAR & 2 Alts Test Lows
The post XRP Tests ‘Golden Pocket’; LINK, HBAR & 2 Alts Test Lows appeared on BitcoinEthereumNews.com.
XRP price tests key ‘Golden Pocket’ Fibonacci support zone near $2.10-$2.15 Deeply oversold RSI (~21) for XRP sparks speculation about a potential bounce LINK, HBAR, TIA, TEL also test critical support levels amid market caution As the broader market consolidates, analysts are closely watching five specific tokens: XRP, Chainlink (LINK), Hedera (HBAR), Celestia (TIA), and Telcoin (TEL), as each displays distinct chart patterns near key inflection points. This report breaks down the current technical picture for these assets. $XRP, $LINK, $HBAR, $TEL & $TIA test critical support levels, facing a pivotal moment for trend reversal or deeper correction. Analysts assess key technical risks as oversold RSI in #XRP & #TEL hints at a possible bounce. — Coin Edition: Your Crypto News Edge ️ (@CoinEdition) March 29, 2025 XRP Analysis: Testing Critical $2 Support Zone? XRP entered a bearish phase recently. Its Relative Strength Index (RSI) fell below 40, nearing oversold territory. The token lost the crucial $2.34 price level and subsequently broke below its 20-day Exponential Moving Average (EMA) – currently around $2.17 – confirming short-term bearish control. At press time, XRP trades near $2.12. The $2 psychological level now acts as critical nearby support. If buyers fail to defend this zone, a deeper price correction could follow towards lower historical support levels like $1.95. Related: Major Liquidity Event: $320M+ Token Unlocks To Reshape Altcoin Market This Week Chainlink (LINK): Can It Reclaim $14 After Support Break? Chainlink (LINK) lost the $14 price level earlier and now trades around $13.98. Recent price action shows LINK breaking below support at the middle Bollinger Band (near $14.14). Widening Bollinger Bands currently indicate rising volatility for the asset. The next significant technical support lies at the lower Bollinger Band, situated near $12.55. For a convincing bullish reversal, LINK first needs to reclaim the…
Filed under: News - @ March 29, 2025 1:26 pm