{"id":178550,"date":"2021-08-22T03:00:30","date_gmt":"2021-08-21T21:30:30","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=178550"},"modified":"2021-08-21T20:32:14","modified_gmt":"2021-08-21T15:02:14","slug":"xrp-ethereum-classic-matic-price-analysis-21-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/xrp-ethereum-classic-matic-price-analysis-21-august\/","title":{"rendered":"XRP, Ethereum Classic, MATIC Price Analysis: 21 August"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Altcoins rose on their respective charts, as the broader market gained. <\/span><span style=\"font-weight: 400;\">MATIC demonstrated a 12.4% surge as it bounced off its recent support level of $1.54, ETC registered a 5% gain, while XRP continued consolidating between $1.31 and $1.20 respectively.<\/span><\/p>\n<h3><b>XRP<\/b><\/h3>\n<figure id=\"attachment_178553\" aria-describedby=\"caption-attachment-178553\" style=\"width: 1823px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51.png\"><img decoding=\"async\" class=\"size-full wp-image-178553\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51.png\" alt=\"XRP, Ethereum Classic and MATIC Price Analysis: 21 August \" width=\"1823\" height=\"765\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51.png 1823w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51-300x126.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51-1024x430.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51-768x322.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/XRPUSD_2021-08-21_18-27-51-1536x645.png 1536w\" sizes=\"(max-width: 1823px) 100vw, 1823px\" \/><\/a><figcaption id=\"caption-attachment-178553\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/?exchange=BINANCE\">XRP\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/why-xrp-still-has-a-long-way-to-go-before-hitting-2\/\">XRP<\/a> registered a 4.1% gain over the last 24 hours, it was trading at $1.25. However, the alt was yet to topple over the $1.31 resistance level.\u00a0 XRP was seen consolidating between the $1.31 and $1.20 levels respectively. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Technicals pointed towards a downward price action.\u00a0<\/span><span style=\"font-weight: 400;\"><strong>Awesome Oscillator<\/strong> flashed red signal bars underlining that prices could dip further. <strong>MACD<\/strong> also exhibited receding green bars on its histogram, as it anticipated a bearish crossover. The support levels for XRP lay at $1.20 and $1.06.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <strong>Relative Strength Index<\/strong> remained in the positive territory, above the 50-mark as buying strength remained in the market. If a price reversal occurs owing to increased demand, XRP could retest the $1.31 resistance mark.\u00a0<\/span><\/p>\n<h3><b>Ethereum Classic (ETC)<\/b><\/h3>\n<figure id=\"attachment_178560\" aria-describedby=\"caption-attachment-178560\" style=\"width: 1822px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25.png\"><img decoding=\"async\" class=\"size-full wp-image-178560\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25.png\" alt=\"XRP, Ethereum Classic and MATIC Price Analysis: 21 August \" width=\"1822\" height=\"679\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25.png 1822w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25-300x112.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25-1024x382.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25-768x286.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETCUSD_2021-08-21_18-29-25-1536x572.png 1536w\" sizes=\"(max-width: 1822px) 100vw, 1822px\" \/><\/a><figcaption id=\"caption-attachment-178560\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ETCUSD\/?exchange=BINANCE\">ETC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">ETC logged a 4.9% gain following a broader crypto market sentiment. It was trading at $69.23 while eyeing the support level of $65.48. Conversely, indicators still painted a bullish price action for the coin.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Awesome Oscillator<\/strong> noted growing green signal bars, which meant that coin still exhibited an uptrend. <strong>Relative Strength Index<\/strong> noted an uptick, while remaining above the half-line. The same signified the presence of buying pressure in the market. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Bollinger Bands<\/strong> diverged implying that market volatility could be on the rise over the next trading sessions. If <a href=\"http:\/\/ambcrypto.com\/why-ethereum-classic-traders-must-be-patient-before-entering-a-position\/\">ETC<\/a> maintains a bullish momentum it could test the $71.96 and $76.12 price ceilings.\u00a0<\/span><\/p>\n<h3><b>Polygon (MATIC)<\/b><\/h3>\n<figure id=\"attachment_178572\" aria-describedby=\"caption-attachment-178572\" style=\"width: 1823px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47.png\"><img decoding=\"async\" class=\"size-full wp-image-178572\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47.png\" alt=\"XRP, Ethereum Classic and MATIC Price Analysis: 21 August\" width=\"1823\" height=\"765\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47.png 1823w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47-300x126.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47-1024x430.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47-768x322.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/MATICUSD_2021-08-21_18-54-47-1536x645.png 1536w\" sizes=\"(max-width: 1823px) 100vw, 1823px\" \/><\/a><figcaption id=\"caption-attachment-178572\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSD\/?exchange=BINANCE\">MATIC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">MATIC recorded an impressive 12.4% gain since yesterday, as it bounced off its $1.54 support level yesterday to trade at $1.66. The alt prepared to test the $1.71 resistance mark which it had last touched on 15 June. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">All indicators for MATIC on the four-hour chart depicted bullishness.\u00a0<\/span><span style=\"font-weight: 400;\">Green signal bars on the <strong>Awesome Oscillator<\/strong> strengthened, underlining the aforementioned observation. <strong>Relative Strength Index<\/strong> fell below the overbought zone while remaining in the positive zone. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Chaikin Money Flow<\/strong> also registered an uptick and was spotted up above the midline.\u00a0<\/span><span style=\"font-weight: 400;\">A depreciation in price could cause <a href=\"http:\/\/ambcrypto.com\/ethereum-matic-dogecoin-price-analysis-20-august\/\">MATIC<\/a> to rest on $1.54 and $1.42 support lines.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Altcoins rose on their respective charts, as the broader market gained. MATIC demonstrated a 12.4% surge as it bounced off its recent support level of $1.54, ETC registered a 5% gain, while XRP continued consolidating between $1.31 and $1.20 respectively. XRP XRP registered a 4.1% gain over the last 24 hours, it was trading at<a href=\"https:\/\/ambcrypto.com\/xrp-ethereum-classic-matic-price-analysis-21-august\/\">Continue reading <span class=\"sr-only\">&#8220;XRP, Ethereum Classic, MATIC Price Analysis: 21 August&#8221;<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":178563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[1266],"class_list":["post-178550","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view","tag-matic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>XRP, Ethereum Classic, MATIC Price Analysis: 21 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Altcoins rose on their respective charts, as the broader market gained. 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