XRP bounced back from the $ 0.54 level and maintaining that region was important for more price movement in the upcoming sessions. Tezos presented the possibility of a breakout of $ 4.5 on the upside, while Dash tipped a resistance of $ 214.5 at the time of writing.
XRP
XRP bulls made a comeback above the $ 0.54 resistance after bouncing back from $ 0.48. Irregular movement continues OBV showed time of buying pressure followed by selling pressure, but XRP held above time support. The index was up at the time of writing as the price moved toward the next ceiling at $ 0.58. However, RSI flattened below 60 and an upward breakout did not seem likely in the coming sessions.
Holding current support at $ 0.54 would likely result in a strong upside move, but before breaking the next barrier at $ 0.63 another round of consolidation seemed likely. The 24 hour trading volume can be watched for sharper movements within the XRP market.
Tezos [XTZ]
Tezos’ trajectory remained broadly unchanged in March, with the range of $ 4.5-3.8 fluctuating widely. ADX noted that the market experienced bullish strength as the index showed north of 22 while MACD rose above zero, reflecting a bullish market. The 24-hour trading volume also increased, and an increase in trading volume could allow XTZ to move away from its reach.
The next target for the bulls was $ 5, and breaching that target would likely result in a new all-time high.
Dash [DASH]
Support at $ 183.4 could trigger a comeback for Dash as price rebounded from support levels last put into action during the retreat in late February. During the 4 hour period, Dash made a bullish move as the price attempted to flip the $ 214.5 ceiling. One direction north RSI above 65 indicated that Dash could likely bring the aforementioned mark back up to support levels. To support RSI, Ingenious oscillator continued its climb over half the line, showing conviction behind the recent price action.
In a favorable scenario, $ 226.1 and $ 245.1 were to be considered.
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