XRP Price Prediction For March 18

The post XRP Price Prediction For March 18 appeared first on Coinpedia Fintech News

Ripple’s XRP is down by more than one percent and is currently trading at $2.30. While short-term price movements may occur, the overall trend suggests that a major upward movement is not expected at this time. Despite this, short-term bullish action may still arise, though the broader trend remains subdued.

Short-Term Bullish Price Action 

In the last few days, XRP has experienced positive price movement. On the 8-hour chart, the price recently broke above a short-term resistance zone between $2.25 and $2.30. After breaking through, XRP successfully retested this level, turning it into support. According to analyst Josh of Crypto World, this technical pattern is a positive sign, as turning resistance into support typically signals bullish price action.

In the short term, this indicates a favorable outlook for XRP, with the next major resistance levels expected between $2.65 and $2.80. However, there is also resistance around $2.50 that will need to be overcome before reaching these higher levels.

Sideways Range and Lack of Momentum 

Despite these recent bullish signs, XRP’s price has been stuck in a sideways range for the past month, moving within a narrow band. This lack of momentum in either direction is evident, and while short-term gains may occur, the overall market trend suggests caution due to the ongoing bearish divergence on the 3-day chart.

Expecting More Sideways Movement 

Given the current technical situation and the continuing bearish divergence, XRP is likely to remain in a sideways trend in the near future. Bullish momentum is unlikely unless the broader bearish divergence is addressed. Traders should monitor the short-term bullish patterns, but the overall market direction is expected to stay sideways.

加密市场板块小幅企稳,GameFi板块领涨4.79%,BSC生态表现亮眼

PANews 3月18日消息,根据 SoSoValue 数据,加密市场板块小幅企稳,GameFi 板块领涨4.79%,板块内,ImmutableX(IMX)、GALA 24小时分别上涨2.17%、2.34%。

此外,BSC Ecosystem 近日表现亮眼,24小时上涨2.71%,其中,BinaryX(BNX)、PancakeSwap(CAKE)、Mubarak(MUBARAK) 分别上涨30.70%、36.24%、47.70%。

其他板块方面,DeFi 板块24小时上涨2.33%,RWA 板块上涨2.20%,板块内,Pendle(PENDLE)、Plume(PLUME)分别上涨8.91%、18.47%;CeFi 板块上涨1.87%,板块内,Binance Coin(BNB) 、OKB 分别上涨2.59%、8.37%;Layer2 板块上涨0.72%,Layer1 板块上涨0.29%,Meme板块下跌1.02%,其中,Pepe(PEPE) 逆势上涨8.49%;PayFi 板块下跌1.21%。

Top Asian Investors Shift From Tron (TRX) and Shiba Inu (SHIB) to Acquire This Underrated 70x Altcoin at Just $0.07

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Tron’s Price Decline Raises Concerns

With a 6.62% decline in the previous week, Tron (TRX) has witnessed a clear price drop; its worth now comes to $0.2164. Though still in the top 10 cryptocurrencies by market capitalization, its performance has caused investors some questions. 

Although the network keeps showing high user activity, the price action points to increasing doubt about its future course. Although TRX’s blockchain use is still significant, market observers point out that more general market trends and investor attitude have helped to cause the drop. 

Several traders are now seeking fresh investment prospects, especially in projects with great development potential and real-world use cases—a change that has driven several TRX whales to investigate Remittix. 

Experts Speculate That Shiba Inu Price is Overvalued 

Although Shiba Inu’s lowest price since its fall is $0.0000115, the daily chart shows that the $0.000012 level has provided support on a few sporadic times during significant falls. Should SHIB’s downward tendency persist, this would be the primary tool for ongoing observation. 

shiba inu could drop further as downtrend prevails

The Fear and Greed Index shows that investors are in panic mode, therefore drastically lowering the market mood. The bybit hack sale-off scared off market participants. 

Right now, macroeconomic conditions are terrible for meme currencies given Trump’s aggressive trade rhetoric and the Fed’s refusal to raise rates. Shiba Inu now needs to rise above the $0.000013 barrier if it is to reverse its fall. 

Remittix Is Poised To Lead The PayFi Sector

Remittix’s goal is to overcome long-standing issues in international finance by means of its creative solution for conventional remittance systems. Imagine being able to easily turn crypto into spendable money without KYC complications and costs free of sting. 

The PayFi ecosystem within Remittix offers consumers a simple way to instantaneously convert cryptocurrencies into fiat money, therefore allowing swift borderless money transfers at minimal cost. 

Remittix not only streamlines world payments but also closes the distance between the digital asset ecosystem and conventional financial institutions by supporting over 40 crypto pairings and more than 30 fiat currencies. 

Remittix is opening the path for a new age of blockchain usefulness with a committed strategy, strong security and compliance policies, and an eye on financial inclusivity. 

The RTX currency has a good investing potential at $0.0734 pre-sale. Forecasts suggest considerable rise; demand for unique cross-border payment solutions is generating a 25x multiplier in the presale period and over 1,500% growth post launch. 

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