Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising

2020-3-19 07:08

Ripple is facing a strong resistance near the $0.1500 region against the US Dollar. However, XRP price remains well supported above $0.1400 and it could soon start an increase towards $0.1700. Ripple price is trading in a key range above the $0.1400 support level against the US dollar. There are a few key hurdles forming near the $0.1500 and $0.1550 levels. There is a major contracting triangle forming with resistance near $0.1485 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to accelerate higher once it clears the $0.1485 and $0.1500 resistance levels. Ripple Price is Stuck in a Range In the past few sessions, ripple remained well bid above the $0.1320 and $0.1400 support levels. XRP price recovered further and climbed above the $0.1450 level. The bulls even pushed the price above the $0.1500 level, but they failed to gain strength. The price topped near the $0.1549 level and it remained below the 100 hourly simple moving average. There were mostly contracting range moves below the $0.1500 and $0.1550 resistance levels. Besides, ripple price tested the 50% Fib retracement level of the recovery wave from the $0.1280 low to $0.1549 high. It seems like there is a major contracting triangle forming with resistance near $0.1485 on the hourly chart of the XRP/USD pair. On the upside, there is a key resistance forming near $0.1485 and the 100 hourly SMA. Ripple Price A successful break above the $0.1485 level and then a follow through above $0.1500 might open the doors for a decent upward move. The next resistance is near the $0.1550 level, above which the price is likely to test the main $0.1700 resistance area. Range Break? If ripple fails to surpass the $0.1485 and $0.1500 resistance levels, it could attempt a downside break. The first key support is near the $0.1400 level. The next support is near the $0.1384 level. It represents the 61.8% Fib retracement level of the recovery wave from the $0.1280 low to $0.1549 high. If there is a downside break below the $0.1384 level, there is a risk of a larger decline in the coming sessions. The next major support is seen near the $0.1300 and $0.1285 levels. Technical Indicators Hourly MACD – The MACD for XRP/USD is currently showing no major bullish sign. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently rising and it is close to the 50 level. Major Support Levels – $0.1400, $0.1384 and $0.1300. Major Resistance Levels – $0.1485, $0.1500 and $0.1550.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5153 (-0.31%)
Объем 24H $567.513m
Изменеия 24h: -0.73 %, 7d: -3.99 %
Cегодня L: $0.5153 - H: $0.5201
Капитализация $28.575b Rank 7
Цена в час новости $ 0.1589 (224.29%)

ripple could start above price xrp key

Источник: newsbtc.com

ripple could → Результатов: 126


XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns

Ripple XRP’s centralized protocol could have far more implications on the token performance both now and in the long run according to Elvis Investment CEO, Anatoly Castella. A central protocol means that XRP was created all at once by the parent company – Ripple Labs Inc – with a majority of the cryptocurrency held by […] The post XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns appeared first on ZyCrypto.

2018-7-19 19:35


Фото:

Big Changes Ahead At Ripple

Ripple have announced two big changes within their staff structure that could well see some of Ripples operations take on a new direction. According to a recent post by Ripple, David Schwartz, the former Chief Cryptographer at Ripple has been appointed the new role of Chief Technology Officer (CTO) and Kahina Van Dyke has been appointed the role of Senior Vice President, Business and Corporate Development.

2018-7-12 08:00


Фото:

U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

2018-6-29 18:17


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Is XRP Your Next Big Bet? Analyst Makes Bullish Case For $3 Trillion Market Cap

A recent analysis from EGRAG CRYPTO has captured the attention of the crypto community with an ambitious prediction. The analyst suggests that XRP’s market cap could potentially reach an astounding $3 trillion, a development that would elevate the token into the top tier of digital assets and significantly impact the entire crypto landscape. Related Reading: […]

London Stock Exchange’s new crypto ETNs see sluggish start, only 200 shares traded

Quick Take On May 28, the London Stock Exchange opened trading for crypto exchange-traded notes (ETNs), but access was restricted to regulated financial investors, excluding retail traders. This development raises questions about the demand for these ETNs, especially since European investors have already had access to digital asset ETFs for some time now.

Криптоаналитика: обзор рынка биткоина (BTC) и альткоинов. Ключевые данные за неделю

За последние 24 часа рынок криптовалют буквально засиял новыми красками! Bitcoin и несколько альткоинов показали значительный рост, хотя это только начало. BNB, Ripple, Dogecoin и Solana порадовали инвесторов своим ростом, подтвердив положительные тенденции на рынке.

Coinbase resumes XRP trading in New York

Cryptocurrency exchange Coinbase has resumed XRP trading in the state of New York again following a 2021 suspension. Paul Grewal, Coinbase’s chief legal officer, announced on X that XRP is now available to trade in the state. “We heard you…