Price Analysis: XRP heading down, EOS preparing for a slump while ADA about to jolt up

2019-4-14 15:37

XRPUSD

On the daily XRP/USD chart, XRP is stuck in a sideways channel of long term support of $0.29 and resistance at $0.36.

Right now, the price is sitting at the MA200 that is acting as a support zone. On the 4h chart, XRP is moving in a very tight range with Bollinger Bands squeezing it narrower and narrower, foretelling a big move, up or down. Since the volume is very weak and secondary trend is down, it is more likely XRP sinks to the $0.29 hard support.

EOSUSD price analysis

Looking at the weekly chart, EOS has entered a long-term bull trend with the clear upwards moving trendline.

However, zooming in on the daily timeframe, EOS has seen a bullish cross of MA50 and MA200 and the price is currently floating around a long-term support/resistance zone of $5.15. There is a contraction on the BBands which in combination with a low volume indicates an imminent move downwards.

ADAUSD Price analysis

ADA has seen some nice gains in the recent couple of weeks and the price is in a both secondary and minor bullish trend. There is descending triangle formation on the 4h chart which could indicate a potential jolt up to the next resistance level of $0.10 which is a long term support and resistance zone for ADA.

The post Price Analysis: XRP heading down, EOS preparing for a slump while ADA about to jolt up appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 2.0721 (-0.67%)
Объем 24H $2.61b
Изменеия 24h: -0.63 %, 7d: -2.00 %
Cегодня L: $2.0385 - H: $2.0999
Капитализация $125.776b Rank 4
Цена в час новости $ 0.3256 (536.39%)

xrp price support chart jolt eos preparing

Источник: captainaltcoin.com

xrp price → Результатов: 126


XRP Leads Market Rally with 12% Surge: What’s Driving the Spike?

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XRP Price Is Not Out Of The Woods As A 56% Crash Could Be Coming, Here’s Why

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XRP has continued to trade lower as crypto prices weaken across the board, with the total market shedding more than $1. 3 trillion since October. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn During the past three months, XRP has dropped more than 30%, keeping pressure on sentiment even as some commentators argue the token’s purpose goes far beyond short-term price moves.

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XRP is at the center of the institutional flows, leading the crypto market in streaks of capital inflows even as its price is locked around $2. Recent data shows that money is still entering into Spot XRP ETF products, but despite this steady demand and a clear shift toward bullish sentiment across social platforms, XRP’s spot price has struggled to break higher, and this raises questions as to why inflows and price action appear out of sync.

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