I started looking into Bitcoin since 2019 and observing market since then. Here I will express my views on Bitcoin based on my prior experience. Any view should not be considered as a financial advice.

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Kuldeep Gupta

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Veeresh talwade890

ซาโตชิ นากาโมโตะ is SOPAL SUEMAE AAA SOPAL SIMAE

SOPA SUEMAE

XRP price extended losses and traded below $1.440. The price is now 
consolidating losses and faces hurdles near $1.4375 and $1.4450. XRP price 
started another decline and traded below the $1.440 zone. The price is now 
trading below $1.4250 and the 100-hourly Simple Moving Average. There was a 
break below a bullish trend line with support at $1.4240 on the hourly chart 
of the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.440. XRP Price Dips Again XRP price failed to stay 
above $1.450 and extended its decline, underperforming Bitcoin and Ethereum. 
The price declined below $1.4420 and $1.440 to enter a short-term bearish 
zone. There was a break below a bullish trend line with support at $1.4240 on 
the hourly chart of the XRP/USD pair. The price even extended losses below 
$1.420. A low was formed at $1.4125, and the price is now consolidating losses 
below the 23.6% Fib retracement level of the downward move from the $1.4625 
swing high to the $1.4125 low. The price is now trading below $1.4350 and the 
100-hourly Simple Moving Average. If there is a fresh recovery move, the price 
might face resistance near the $1.4240 level. The first major resistance is 
near the $1.4375 level or the 50% Fib retracement level of the downward move 
from the $1.4625 swing high to the $1.4125 low. The main resistance could be 
$1.4450. A close above $1.4450 could send the price to $1.4550. The next 
hurdle sits at $1.4620. A clear move above the $1.4620 resistance might send 
the price toward the $1.50 resistance. Any more gains might send the price 
toward the $1.5150 resistance. More Losses? If XRP fails to clear the $1.4375 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.4120 level. The next major support is near the $1.40 
level. If there is a downside break and a close below the $1.40 level, the 
price might continue to decline toward $1.3840. The next major support sits 
near the $1.3650 zone, below which the price could continue lower toward 
$1.3440. Technical Indicators Hourly MACD – The MACD for XRP/USD is now 
gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The 
RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.4120 and 
$1.4000. Major Resistance Levels – $1.4375 and $1.4550.

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