Price Analysis: The Bulls Are Getting Ready to take over XRP Market

2018-11-20 23:20

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.47, $0.49, $ 0.51

Support Levels: $0.43, $0.40, $0.38

Yesterday, XRP price reached the high of $0.51 price level before the bears interrupted the risen of XRP price. The bears’ pressure was noted with the formation of bearish pin bar formed on the resistance level of $0.51, which pushed down XRP price below the support level of $0.47 and the bulls rejected further decrease of XRP price.

XRP price bars are below 21-day EMA and 50-day EMA which indicates that price is likely to fall targeting $0.43 as its low. Moreover, the Stochastic Oscillator is below 60 levels with its signal lines pointing to the south which is the sell signal.

XRP/USD Short-term Trend: Bearish

XRP/USD is bearish on the 1-Hour chart. The bulls lost control yesterday as the bears came into the XRP market with high pressure and the coin was pushed down to the support level of $0.47. The bulls are pulling back the XRP price to retest the broken level of $0.5 as this is one of the characteristics of downtrend movement.

The 21-day EMA has crossed 50-day EMA downside with the cryptocurrency below the two EMAs indicates a bearish trend. However, the Stochastic Oscillator period 14 is at 40 levels with its signal lines point upside which indicates buy signal which may be a pullback.

The post Price Analysis: The Bulls Are Getting Ready to take over XRP Market appeared first on ZyCrypto.

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Ripple (XRP) на Currencies.ru

$ 0.5065 (-0.42%)
Объем 24H $1.03b
Изменеия 24h: -1.01 %, 7d: -3.43 %
Cегодня L: $0.4973 - H: $0.5173
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xrp price bearish bears levels market level

Источник: zycrypto.com

xrp price → Результатов: 126


Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

2024-10-29 18:00


XRP Price Growth: Analyst Breaks Down The Movements And Why It’s So

The reason behind the stagnant XRP price growth has remained a mystery, with many crypto analysts pointing to legal disputes and market volatility as key factors holding back its momentum. However, even during favorable market conditions and after gaining legal clarity following multiple Ripple Court wins against the United States Securities and Exchange Commission (SEC), XRP has still failed to experience a notable upward surge.

2024-10-16 23:00


XRP Price Set for Explosive Rally, Analyst Shares Timeline

XRP is getting close to a crucial level, and experts expect an upcoming breakout. Analyst EGRAG CRYPTO tweeted that XRP is likely to swing s in price during the next 15 to 30 days.  Complementing a thorough chart, the tweet highlighted important levels of support and resistance, therefore suggesting possible price targets for the short […] The post XRP Price Set for Explosive Rally, Analyst Shares Timeline appeared first on CaptainAltcoin.

2024-10-16 22:30


XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10

A recent analysis by a crypto analyst identified as ’Steph The Crypto’ is riling up the Ripple (XRP) community, as the analyst predicts a rapid surge in XRP’s price to $40. This pump could potentially place Ripple (XRP) in competition with top cryptocurrencies like Dogecoin, and ETFSwap (ETFS), both expected to experience explosive gains— Dogecoin […] The post XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10 appeared first on CaptainAltcoin.

2024-9-18 16:00


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