Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar.
XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels.
There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken).
The price remains well bid and it could make another attempt to break the key $0.2000 resistance.
Ripple price is closing in towards key resistance against the US Dollar, while BTC and ETH are showing positive signs. XRP price is likely to rally if it breaks $0.2000.
Ripple Price Analysis
After forming a support base near $0.1850, ripple price started a fresh increase against the US Dollar. Moreover, bitcoin and Ethereum rallied recently towards the $7,500 and $138 resistance respectively.
XRP price managed to climb above the $0.1940 resistance and the 100 hourly simple moving average. Finally, there was a push towards the main $0.2000 resistance area.
However, the bulls failed to gain momentum above $0.2000 and a high is formed near $0.1982. Ripple price is currently correcting lower below the 23.6% Fib retracement level of the recent wave from the $0.1908 low to $0.1982 high.
The price is now approaching the $0.1940 support area. Additionally, the 50% Fib retracement level of the recent wave from the $0.1908 low to $0.1982 high is near the $0.1945 level.
More importantly, there is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair. If there is a downside break below the channel support and $0.1940, the price could reverse its recent gains.
The next key support is near the $0.1910 level and the 100 hourly simple moving average. Any further losses may perhaps lead the price back towards the $0.1850 support area.
Conversely, the price might make another attempt to surpass the $0.1980 and $0.2000 resistance levels. If there is a successful close above the $0.2000 resistance area, the price is likely to rally towards the $0.2120 and $0.2150 resistance levels in the near term.
Ripple Price
Looking at the chart, ripple price is slowly rising and closing in towards the main $0.2000 resistance level. It might continue to rise and likely to surpass the $0.2000 resistance if both bitcoin and Ethereum climbs above $7,500 and $140 respectively.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is currently moving in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently just above the 50 level, with a flat structure.
Major Support Levels – $0.1945, $0.1940 and $0.1910.
Major Resistance Levels – $0.1980, $0.2000 and $0.2020. The post appeared first on NewsBTC. origin »
Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post appeared first on NewsBTC.
Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar. The price is currently consolidating near the $135 level, with a positive bias. There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken).
After a strong decline, bitcoin price found support near $7,000 against the US Dollar. The price is now trading near the $7,300 and $7,320 resistance levels. There is a major breakout pattern forming resistance near $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is just holding the key $7,120 and $7,000 support levels against the US Dollar. A bearish break below the $7,000 support could start a short term downtrend. There are two bearish trend lines forming with resistance near $7,240 and $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is struggling to stay above the key $125 support area against the US Dollar. A successful close below $125 could spark another bearish wave in the near term. There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support near $0.
Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar. The price is likely to continue higher once it surges above the $150 resistance. There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken).
There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar. The price is now trading nicely above the $7,000 and $6,960 support levels. There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is consolidating gains above the key $7,000 support area against the US Dollar. The price could dip towards the $6,960 support before it starts a fresh increase. There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin cash price is showing recovery signs from the $170 monthly low against the US Dollar. The price is currently consolidating above the $180 and $182 support levels. There is a key bearish trend line forming with resistance near $190 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Bitcoin price is extending losses below the $6,800 support area against the US Dollar. A crucial support is waiting on the downside near $6,500 and $6,200. There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is diving below $0. 1900 and it recently traded to a new 2-year low against the US dollar. It broke a significant support, opening the doors for further losses below $0. 1800. There is a key bearish trend line forming with resistance near $0.
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is down around 4% and it broke the key $7,000 support against the US Dollar. The price is likely to continue lower towards $6,500 or $6,200 in the near term. There is a short term contracting triangle forming with resistance near $6,880 on the hourly chart of the BTC/USD pair (data feed from.
Ethereum is down more than 6% and it broke the key $140 support area against the US Dollar. The price tested the final bearish target near the $132 and $130 levels. There is a short term contracting triangle forming with resistance near $133 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Ripple price is struggling to recover above the $0. 2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0. 2180 support area. There is a declining channel forming with resistance near $0.
Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar. The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher. There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed.
Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price declined recently below the $0. 2240 and $0. 2220 support levels against the US dollar. The price is currently correcting higher, but facing resistance near $0. 2240 and $0. 2260. There is a key bearish trend line forming with resistance near $0.
Ethereum is holding the main $144 support, but also struggling to rise against the US Dollar. The price is now trading below the previous support (now resistance) near $148. There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar. The price is likely to clear the $7,560 and $7,600 resistances to continue higher. There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is gaining momentum and it is rising above $0. 2250 against the US dollar. The price is likely to continue higher above the $0. 2320 and $0. 2350 resistance levels. There is a key bullish trend line forming with support near $0.
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar. The price is likely to rally significantly once there is a clear break above $152. There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar. The price is currently holding the main $144 support area and breakdown zone. There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).
Bitcoin price is still trading above the $7,200 and $7,240 support levels against the US Dollar. The price is struggling to climb above the $7,440 and $7,500 resistance levels. There is a major breakout pattern forming with resistance near $7,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is trading nicely above the $0. 2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0. 2265 and $0. 2300 resistance levels. There is a major bullish trend line forming with support near $0.
Ethereum is slowly rising and it is trading above the $146 support area against the US Dollar. The price is facing a few strong resistances near $148, $150 and $152. There is a key contracting triangle forming with resistance near $148 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is back to where it started and trading below the $7,380 resistance against the US Dollar. The price is currently under pressure, but it is likely to hold the $7,100 support area. There is a short term contracting triangle forming with resistance near $7,220 on the hourly chart of the BTC/USD pair (data.
Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar. The price is trimming gains and it is back to pre-rally levels near the $144 support. There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed via Kraken).
Litecoin declined heavily after it failed to climb above $46. 50 and $48. 00 against the US Dollar. The price seems to be sliding towards the $42. 20 and $40. 40 support levels. There is a key declining channel forming with resistance near $45.
Bitcoin cash price is facing a strong resistance near the $216 and $218 levels against the US Dollar. The price is currently consolidating in a range above the $210 support area. There is a major bearish trend line forming with resistance near $215 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Bitcoin price is facing a strong resistance near the $7,400 and $7,460 levels against the US Dollar. The price is approaching the key $7,200 and $7,160 support levels. There is a short term declining channel forming with resistance near $7,380 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is trading above the key $145 and $146 support levels against the US Dollar. The price is likely to surpass the $150 and $152 resistance levels in the near term. There is a new connecting bearish trend line forming with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is struggling to hold a couple of important supports near $7,200 against the US Dollar. The price is likely to continue lower below the $7,200 and $7,000 support levels. There is a major bearish trend line forming with resistance near $7,390 on the hourly chart of the BTC/USD pair (data feed from Kraken).
After a decent recovery, bitcoin price faced resistance near the $7,880 level against the US Dollar. The price is currently correcting gains and it is trading near the $7,300 support area. There is a crucial bearish trend line forming with resistance near $7,678 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is consolidating gains above the $7,400 and $7,295 support levels against the US Dollar. The price is likely to accelerate higher once it clears the $7,600 and $7,700 resistance levels.
Bitcoin cash price is up around 10% from the $200 support area against the US Dollar. The price is currently consolidating gains and it seems to be setting up for more gains above $225. There is a short term declining channel forming with resistance near $222 on the hourly chart of the BCH/USD pair (data.
Ripple price is trading nicely above the $0. 2200 and $0. 2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0. 2300 resistance area. There is a new connecting bullish trend line forming with support near $0.
Bitcoin is currently trimming gains after struggling to clear the $7,400 barrier against the US Dollar. The price is likely to stay above the $7,000 and $6,950 support levels in the near term. There is likely a bullish flag forming with resistance near $7,170 on the hourly chart of the BTC/USD pair (data feed from.
Ethereum is facing a strong resistance near the $152 and $155 levels against the US Dollar. The price seems to be consolidating above the $142 support area. There is a new key bearish trend line forming with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).
Ripple price is down close to 10% and it even traded close to the $0. 2000 support against the US dollar. The price is currently correcting higher, but it is likely to struggle near $0. 2180 and $0.
There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar. The price is currently correcting losses, but remains at a risk below $7,400. There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is down 6% and tested $7,400 (discussed in the medium term outlook) against the US Dollar. The price is showing no signs of a strong recovery and remains at a risk below $7,800. There is a key contracting triangle forming with resistance near $7,650 on the hourly chart of the BTC/USD pair (data.
Ripple price is down 5% and it broke the key $0. 2420 support area against the US dollar. The price tagged the $0. 2350 support area and it is currently correcting higher. There is a new bearish trend line forming with resistance near $0.
Discover why Hedera price lags and XRP price today stalls while BlockDAG's Beat Vesting targets $1B launch with more coins at the same price for early buyers.
Digital asset investment products recorded $716 million of inflows last week, the second straight week of gains after a stretch of heavy outflows, according to CoinShares. Total assets under management rose to above $180 billion, an 8% rebound from November lows, though still below the $264 billion all-time high reported by the firm. Flows recover […]
XRP, the native coin of the Ripple ecosystem, is one of the best performers among the top 10 cryptocurrencies by market cap. The coin is up 3% in the last 24 hours and is now trading above $2.10. It could rally higher in the near term as institutional demand for XRP spot exchange-traded funds (ETFs) […]
While bears continue to tighten their grip, the primary story is no longer about price charts. Market players now want to know where funds are moving. This has been among the key indicators for detecting potential sentiment shifts amid broader market uncertainty.
The cryptocurrency market recovery has stalled over the past few hours, with Bitcoin failing to overcome the $93k resistance level. Ripple (XRP) is trading under pressure at press time and risks dropping below the $2 psychological level if the bearish trend persists.
