Ripple Price Analysis: XRP/USD Nosedives, Recoveries Remain Limited

2018-8-14 10:00

Key Highlights Ripple price fell significantly and broke the $0.2800 and $0.2600 supports against the US dollar. Yesterday’s highlighted important bearish trend line is intact with resistance near the $0.2950 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher, but it could face sellers near $0.2700 and $0.2800.

Ripple price nosedived against the US Dollar and Bitcoin. XRP/USD may perhaps recover a few points, but it is likely to face sellers near $0.2800.

Ripple Price Decline

Yesterday, we discussed that Ripple price could drop towards the $0.2600 level against the US Dollar. The XRP/USD pair failed to move past the $0.2900 and $0.3000 resistance area, which resulted in a bearish wave. The price dropped and not only broke the $0.2600 support, but it also cleared the $0.2500 support. A new monthly low was formed at $0.2471 and the price is currently correcting higher.

It is testing the 23.6% Fib retracement level of the recent drop from the $0.3088 high to $0.2471 low. Above $0.2650, the price may well trade towards the $0.2770 and $0.2800 resistance levels. Moreover, yesterday’s highlighted important bearish trend line is intact with resistance near the $0.2950 level on the hourly chart of the XRP/USD pair. An intermediate hurdle is near the 50% Fib retracement level of the recent drop from the $0.3088 high to $0.2471 low. Therefore, there are many resistances aligned between the $0.2700 and $0.2850 levels. Any recoveries towards the $0.2800 level are likely to face sellers.

Looking at the chart, ripple price is clearly in a downtrend below $0.3000. On the downside, the $0.2500 level is a decent support, below which, the price is likely to test the $0.2400 level in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is slowly reducing its bearish slope.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is slowly correcting higher from the oversold levels.

Major Support Level – $0.2500

Major Resistance Level – $0.2800

The post Ripple Price Analysis: XRP/USD Nosedives, Recoveries Remain Limited appeared first on NewsBTC.

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Ripple (XRP) на Currencies.ru

$ 0.5085 (-0.35%)
Объем 24H $1.019b
Изменеия 24h: -0.35 %, 7d: -2.98 %
Cегодня L: $0.4973 - H: $0.5173
Капитализация $28.918b Rank 7
Цена в час новости $ 0.2666 (90.74%)

xrp usd price ripple pair near recoveries

Источник: newsbtc.com

xrp usd → Результатов: 118


Фото:

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2019-8-8 17:45


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2019-7-23 16:48


 98 из топ-100 криптовалют торгуются в красной зоне

Утром 11 ав­гу­ста рынок крип­то­ва­лют ушёл в минус. По дан­ным Сoinmarketcap, раз­ные мо­не­ты де­мон­стри­ру­ют па­де­ние до 23,5%, а бит­ко­ин устре­мил­ся к $6000. Как пишет Insider. pro, в пер­вой де­сят­ке наи­худ­шие ре­зуль­та­ты за сутки де­мон­стри­ру­ют эфир (ETH/USD) и XRP (XRP/USD), по­те­ряв­шие 11,55% и 11,29% со­от­вет­ствен­но.

2018-8-11 12:01


Анализ курса Ripple на 12 июля

Сейчас Ripple находится ниже ключевого уровня сопротивления, $0.45. Торговля по-прежнему ведется внутри нисходящего канала, сопротивление которого расположилось при цене в $0.4480 на часовом графике пары XRP/USD

2018-7-12 12:40


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