Ripple Price Analysis: Can XRP/USD Buyers Keep The Uptrend Going?

2020-1-21 16:13

Ripple price is trading nicely above the $0.2300 and $0.2335 support levels. XRP to USD is likely to surge again if it clears the $0.2405 and $0.2415 resistance levels.

Key Takeaways: XRP/USD Ripple price declined recently from the $0.2550 high, but it found support near $0.2235 against the US Dollar. XRP/USD is currently struggling to clear $0.2400 and a major bearish trend line on the 2-hours chart (data feed from Bitstamp) Bitcoin price is also facing a strong resistance near the $8,750 and $8,800 levels. Ripple Price Analysis

After a strong rally, ripple price faced sellers near the $0.2550 area. As a result, XRP to USD started a downside correction and traded below the $0.2420 and $0.2400 levels.

Looking at the 2-hours chart, ripple price even settled below $0.2400 and the 50 simple moving average (2-hours, purple). However, the bulls took a stand near the $0.2235 area.

A low is formed near $0.2237 and the price recently recovered above $0.2300 and $0.2350. It even spiked above $0.2400 and the 50 simple moving average (2-hours, purple). At the outset, it seems like ripple price is currently struggling to clear $0.2400 and a major bearish trend line on the 2-hours chart.

If there is a clear break above the $0.2405 and $0.2415 resistance levels, there are chances of more upsides in the near term. The next major resistance is near the $0.2500 and $0.2520 levels.

Any further gains might start a decent increase towards the $0.2560 level. On the downside, an initial support is near the $0.2325 level since it is close to the 50% Fib retracement level of the recent upward move from $0.2237 to $0.2414.

The main support on the downside is near the $0.2300 level. Besides, the 61.8% Fib retracement level of the recent upward move from $0.2237 to $0.2414 is also near $0.2300.

If ripple price fails to stay above the $0.2300 support area, there is a risk of more downsides. In the mentioned case, the price could extend its decline towards the $0.2235 support area.

Live Ripple (XRP) Price: 1 XRP/USD =$0.2382 change ~ 2.38%

Coin Market Cap

$10.31 Billion

24 Hour Volume

$201.78 Million

24 Hour VWAP

$0

24 Hour Change

$0.0057 var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~XRP~USD");

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Ripple (XRP) на Currencies.ru

$ 1.122 (-0.21%)
Объем 24H $6.983b
Изменеия 24h: 1.03 %, 7d: 57.74 %
Cегодня L: $1.0851 - H: $1.132
Капитализация $63.878b Rank 6
Цена в час новости $ 0.2687 (317.57%)

xrp ripple price usd levels again clears

Источник: bitcoinexchangeguide.com

xrp ripple → Результатов: 126


Фото:

XRP выросла на 20% после встречи гендиректора Ripple с Трампом

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Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

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Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

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Команда финтех-стартапа Ripple, стоящего за токеном XRP, перевела около 150 мдг XRP из своих резервов на различные криптокошельки. Суммарная стоимость переведенных токенов XRP составляет примерно $66 млн.

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