Ripple remained strong above $0.1900 and $0.1920 against the US Dollar. However, XRP must surpass the $0.2000 and $0.2050 resistance levels to gain bullish momentum in the near term.
Ripple is slowly moving higher and it is trading above the $0.1950 level against the US dollar.
The price is currently facing a couple of key resistances near $0.2000 and $0.2050.
There was a break above a key bearish trend line with resistance near $0.1975 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could gain bullish momentum if it clears the $0.2000 or $0.2050 resistance levels.
Ripple Price is Facing Hurdles
After testing the $0.1850 support zone, ripple started a decent upward move above $0.1900. XRP price broke the $0.1900 and $0.1920 resistance levels to move into a short term bullish zone.
There was a clear break above the 23.6% Fib retracement level of the key drop from the $0.2250 swing high to $0.1850 low. More importantly, there was a break above a key bearish trend line with resistance near $0.1975 on the hourly chart of the XRP/USD pair.
Ripple Price
Ripple is now trading above the $0.1950 level, but it is facing a couple of key hurdles near $0.2000. An initial resistance is near the 100 hourly simple moving average at $0.2010.
The first major resistance is near the $0.2050 level. It represents the 50% Fib retracement level of the key drop from the $0.2250 swing high to $0.1850 low. If XR price breaks the $0.2050 resistance zone, there are high chances of a sustained upward move.
The next major resistance is near the $0.2100 level, above which the bulls are likely to aim a test of the $0.2200 and $0.2220 levels in the near term.
U-turn in XRP?
If ripple fails to gain bullish momentum above the $0.1960 and $0.2000 resistance levels, there are chances of a fresh decline. An initial support is seen near the $0.1950 level.
The first major support is near the $0.1920 level, below which the price could struggle to stay above $0.1900. In the mentioned case, there is a risk of more downsides towards the $0.1850 and $0.1840 levels.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is currently losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is correcting lower towards the 50 level.
Major Support Levels – $0.1920, $0.1900 and $0.1880.
Major Resistance Levels – $0.2000, $0.2040 and $0.2050.
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Ripple started a fresh rally above the $0. 6000 resistance zone against the US Dollar. XRP price even broke $0. 7000 and it seems like there are high chances of more upsides. Ripple gained strength after it broke the $0.
Ripple is showing a few positive signs above $0. 4200 against the US Dollar. XRP price is likely to start a decent increase above the $0. 4650 and $0. 4800 resistance levels. Ripple is holding the $0.
Ripple failed to stay above $0. 5550 and declined over 10% against the US Dollar. XRP price could accelerate lower if it fails to stay above the 100 SMA (H4) and $0. 4850. Ripple started a fresh decline after it struggled to clear the $0.
Ripple is up over 10% and it spiked above $0. 3000 against the US Dollar. XRP price is showing positive signs and it is likely to continue higher towards $0. 3100 and $0. 3200. Ripple is showing a few bullish signs above $0.
Ripple is holding gains above $0. 2800 against the US Dollar. XRP price is likely to accelerate higher towards $0. 3500 once it clears the $0. 3100 resistance zone. Ripple is showing a few positive signs above $0.
Ripple started a strong rise after forming a base above $0. 2550 against the US Dollar. XRP price is currently rallying and it is likely to continue higher towards $0. 3500. Ripple is up over 15% and it showing a lot of positive signs above $0.
Ripple is struggling to settle above $0. 5000 and slowly declining against the US Dollar. XRP price must stay above $0. 4800 and $0. 4750 to avoid a major downside break. Ripple formed a swing high near $0.
Ripple is trading in a contracting range above $0. 6000 against the US Dollar. XRP price is setting up for a major break either above $0. 6200 or below $0. 5800. Ripple is showing a few positive signs above $0.
Ripple is recovering above the $0. 2450 resistance against the US Dollar. The current technical structure suggests XRP price is likely to surge above $0. 2500 and $0. 2550. Ripple is slowly gaining bullish momentum above the $0.
Ripple extended its rise above the $0. 2920 resistance against the US Dollar. XRP price even broke the $0. 3000 resistance and it is currently correcting gains. Ripple is back in a positive zone above the $0.
Ripple is rising and it is gaining bullish momentum above $0. 2880 against the US Dollar. XRP price is likely to test the $0. 3000 barrier, considering the recent sharp rise in Ethereum. Ripple is showing a lot of positive signs above the $0.
Ripple is holding a couple of important supports near $0. 2800 against the US Dollar. XRP price is currently testing a crucial resistance near $0. 2980, above which it could rally significantly. Ripple is trading above the $0.
Ripple is rising and trading in a positive zone above the $0. 3000 support against the US Dollar. XRP price is likely to continue higher above $0. 3200 and 0. 3250 in the near term. Ripple price is showing a lot of bullish signs above the $0.
Ripple extended its upward move towards the $0. 2500 resistance against the US Dollar. XRP price is currently consolidating gains above $0. 2400 and it might start another increase. Ripple gained bullish momentum above the $0.
Ripple traded to a new monthly high above $0. 2400 against the US Dollar. XRP price is currently up over 8% and it is likely to continue higher towards $0. 2500. Ripple started a strong increase above the $0.
Ripple is still facing many hurdles near $0. 1980 and $0. 2000 against the US Dollar. XRP price must settle above the $0. 2000 resistance zone to avoid more losses in the near term. Ripple is climbed towards the $0.
Ripple extended its rally above the $0. 2200 resistance against the US Dollar. XRP price is showing many positive signs and it could continue to rise towards $0. 2500 or $0. 2600. Ripple price is up close to 10% and it climbed above the $0.
Ripple is struggling to gain momentum above the $0. 1640 and $0. 1650 resistances against the US Dollar. XRP price must stay above the $0. 1580 support to continue higher in the near term. Ripple price is facing a lot of hurdles near the $0.
Ripple is climbing higher and it recently retested the $0. 2880 resistance against the US Dollar. XRP price could surge further above $0. 2900 and $0. 3000 in the near term. Ripple price started a fresh increase after tagging the $0.
Ripple price is rising steadily and trading above the $0. 2260 resistance area. XRP to USD is likely to aim a strong upside break above the $0. 2400 and $0. 2415 resistance levels in the near term.
Ripple extended its rise above the $0. 2450 resistance against the US Dollar, similar to bitcoin above $8,800. XRP price topped near the $0. 2540 area and recently corrected lower. Ripple price is down more than 6% and broke the $0.
Ripple price rallied this week more than 10% to trade above $0. 2200. XRP to USD corrected lower, but it is now resuming its upward move above the $0. 2150 resistance. Key Takeaways: XRP/USD Ripple price is trading in a bullish zone above the $0.
Ripple is grinding higher above $0. 1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0. 2000 and $0. 2100. Ripple price is showing positive signs above the $0.
Ripple price recently gained bullish momentum above the $0. 3650 resistance against the US dollar. There was a break above a key triangle with resistance at $0. 3665 on the hourly chart of the XRP/USD pair (data source from Kraken).
Latest Ripple News Thing is, there is a lot of development as far as Ripple’s XRP adoption is concerned. As a network–whose main objective is to provide bankers with a better, faster and more efficient alternative while taking on the dominant, 40-year old mainstay SWIFT–expand, Ripple’s executives are working overtime not only for them to […]
Ripple price decline remained supported near $0. 3050-0. 3100 against the US Dollar. XRP/USD is showing positive signs and it could move above $0. 3350 and $0. 3400. Key Talking Points · Ripple price is trading above the $0.
Key Highlights Ripple price found a strong buying interest around $0. 3120 and recovered sharply against the US dollar. There was a break above a key connecting bearish trend line with resistance at $0.
Fundamentally, XRP prices should to be skyrocketing and there are hints of that because on a weekly basis, XRP is up 26 percent. However, when we take a closer look in the daily chart, it appears as if sellers are still in charge rebuffing bullish attempts above 35 cents and even 40 cents, our main.
Ripple (XRP) has finally ended an ascending channel after a prolonged period of bearish momentum. The price has now found support about the 21 EMA and is likely to continue trading upwards in the ascending channel.
Key Highlights Ripple price gained momentum recently and settled above the $0. 3000 and $0. 3200 resistances against the US dollar. There is a new important connecting bullish trend line in place with support at $0.
Ripple (XRP) is one of the few cryptocurrencies to have completed a correction of more than 90% since its all time high. The price has settled just above the $0. 25 mark which seems to be a bottom as indicated by the Vix diagram on the above weekly chart for XRP/USD.
Key Highlights Ripple price is moving higher and it has settled above the $0. 2800 and $0. 2900 resistances against the US dollar. Yesterday’s highlighted key bearish trend line is almost breached near $0.
Key Highlights Ripple price corrected higher recently and broke the $0. 2660 and $0. 2800 resistances against the US dollar. There is a new connecting bearish trend line formed with resistance at $0.
Key Highlights Ripple price recovered nicely and moved above the $0. 2750 resistance area against the US dollar. This week’s crucial bearish trend line is preventing gains with resistance near the $0.
Ripple (XRP) has been of the most predictable cyptocurrencies in terms of trading. The recent price action is a carbon copy of the price action during its previous cycle. Interestingly enough, Ripple (XRP) seems to have ended the cycle with the same big red candle of capitulation as in the previous cycle.
To being this piece, the XRP community needs to be commended once again for bringing the above fact to light. Twitter user @Ianbins brought it to the attention of Ethereum World News when he stated the following in reply to another tweet.
Key Highlights Ripple price formed a decent support near $0. 3200-0. 3210 and recovered a few points against the US dollar. There is a short term declining channel forming with resistance near the $0.
Key Highlights Ripple price fell further and traded below the $0. 3300 level before starting a recovery against the US dollar. There was a break above a short-term bearish trend line with resistance at $0.
Key Highlights Ripple price is forming a solid support base near the $0. 4270 level against the US dollar. There was a short-term break above a bearish trend line at $0. 4320 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights Ripple price held the $0. 4270 support once again and remained well bid against the US dollar. There was a break above a connecting bearish trend line with resistance at $0. 4300 on the hourly chart of the XRP/USD pair (data source from Kraken).
Ripple (XRP) has been a true investors’ favorite for much of 2017 and early 2018. The weekly chart above for XRP/BTC shows that Ripple (XRP) reached its first high in May 2017 and its second high in January 2018.
Key Highlights Ripple price is trading in a range above the $0. 4300 support area against the US dollar. There is a short-term contracting triangle formed with resistance near $0. 4560 on the hourly chart of the XRP/USD pair (data source from Kraken).
Ripple (XRP) once the favorite stallion has recently been more of a dark horse as investors lose interest amidst legal troubles and concerns over XRP’s use cases. The above chart for XRP/USD shows that the price has suffered the most compared to most cryptocurrencies and appears to have reached rock bottom.
Ripple price formed a base near $0. 4300 and recovered against the US Dollar. XRP/USD is slowly and steadily rising towards the $0. 4800 and $0. 5000 levels. Key Talking Points · Ripple price recovered recently and moved above the $0.
Key Highlights Ripple price remained confined in a tiny range above the $0. 4500 support against the US dollar. Yesterday’s highlighted important bearish trend line was breached with resistance at $0.
Key Highlights Ripple price is slowly recovering and is currently trading above $0. 4500 against the US dollar. There is a major bearish trend line in place with resistance at $0. 4680 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights Ripple price found support near the $0. 4300 level and recovered a few points against the US dollar. There was a break above major connecting bearish trend line with resistance at $0.
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In what could be a major move for digital assets in the United States, President Donald Trump officially announced on Sunday the establishment of a “Crypto Strategic Reserve.” The ‘Crypto Capital Of The World’ This initiative, outlined in his recent executive order on digital assets, aims to include cryptocurrencies such as XRP, Solana (SOL), and […]
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