Ripple is currently correcting lower from the $0.2000 support against the US Dollar. XRP price is likely to start a fresh increase unless there is a clear break below $0.1920.
Ripple price is correcting lower from the $0.1997 weekly high against the US dollar.
The bulls are protecting the $0.1950 support and the 100 hourly simple moving average.
There is a crucial bullish trend line forming with support near $0.1960 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is likely to surge above $0.2000 as long as it is above the $0.1920 support zone.
Ripple Price Remains Supported
Recently, ripple spiked above the $0.1980 resistance area and tested the $0.2000 hurdle. XRP price traded as high as $0.1997 and failed to extend gains above $0.2000.
It started a downside correction and traded below the $0.1965 support. However, the $0.1950 level acted as a strong support along with the 100 hourly simple moving average.
A low is formed near $0.1944 and the price is currently following a bullish breakout pattern. It surpassed the 50% Fib retracement level of the recent decline from the $0.1997 high to $0.1944 low.
On the upside, the bulls are facing hurdles near the $0.1980 level and a connecting bearish trend line on the hourly chart of the XRP/USD pair. Ripple is also struggling to clear the 61.8% Fib retracement level of the recent decline from the $0.1997 high to $0.1944 low.
Ripple Price
If there is an upside break above the $0.1980 resistance, the price could revisit the $0.2000 resistance area. A successful break and follow through above the $0.2000 hurdle is must for another surge.
An immediate resistance above $0.2000 is near the $0.2020 level, above which the bulls are likely to aim a test of the $0.2120 level.
Downside Break?
Ripple is clearly trading near a major support above $0.1955 and the 100 hourly simple moving average. There is also a crucial bullish trend line forming with support near $0.1960 on the same chart.
If the price fails to stay above the trend line and the 100 hourly SMA, it could correct further lower below $0.1950. The next major support is near $0.1920, below which there is a risk of a strong decline towards $0.1850.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently near the 50 level.
Major Support Levels – $0.1950, $0.1920 and $0.1880.
Major Resistance Levels – $0.1980, $0.2000 and $0.2020.
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Despite Ripple’s best efforts to speed the adoption of XRP, the number three altcoin is stuck in a downtrend that may see it reach new lower lows. High Levels of...The post XRP Performed the Worst among Altcoins in 2020 appeared first on Crypto Briefing.
Ripple is struggling to clear the $0. 2025 and $0. 2050 resistance levels against the US Dollar. XRP price is currently correcting lower and it could extend its decline towards $0. 1920 or $0. 1880.
Ripple gained traction above $0. 1550 and tested the $0. 1640 resistance region against the US Dollar. XRP price is currently correcting lower, but dips remain attractive in the short term. Ripple price is currently correcting gains from the $0.
Ripple corrected lower sharply and broke the $0. 3000 support area against the US Dollar. XRP is now trading near the key $0. 2640 support and it must break $0. 2900 for a fresh increase. Ripple price is currently consolidating above the key $0.
Ripple is declining from the $0. 2900 resistance area against the US Dollar. XRP price broke $0. 2700 and it could continue to correct lower towards the $0. 2600 support. Ripple price started a downside correction after it failed to test $0.
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 corrected lower sharply from $0. 2450, but it found support near $0. 2200 against the US Dollar, similar to bitcoin near $8,500. XRP price is recovering, but it must surpass $0. 2360 for a fresh rally.
The native cryptocurrency of the Ripple protocol, XRP, was among the worst-performing crypto assets to the top ten by market cap throughout 2018 and 2019. It’s among the few altcoins that closed the calendar year at a price lower than it started at.
Ripple is facing hurdles near the $0. 2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0. 2080 and $0. 2070. Ripple price is correcting lower after it failed to surpass the $0.
Siam Commerical Bank, a 112-year-old financial institution, announced a mobile banking interface that facilitates cross-border transactions at a lower cost. Asia is the world leader in mobile banking with China and Thailand boasting 86 percent and 67 percent mobile penetration respectively.
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 down more than 2% and it broke the $0. 1880 support against the US dollar. XRP price is now trading near the $0. 1840 support area and it could correct higher. There is a key bearish trend line forming with resistance near $0.
Ripple price is still trading in the red zone below the $0. 2000 resistance against the US dollar. The price is declining and it could soon break the $0. 1840 support area to continue lower. This week’s key bearish trend line is still active with resistance near $0.
Ripple price is down close to 6% and it broke the $0. 2050 support area against the US dollar. The price is likely to continue lower below $0. 2000 and $0. 1980 in the near term. Earlier, there was a break below a couple of bearish continuation patterns with support near $0.
Ripple price is sliding and it is under pressure below the $0. 2200 resistance against the US dollar. The price is now trading below $0. 2150 and it could decline further below $0. 2100. There is a crucial bearish trend line forming with resistance near $0.
Ripple price is currently declining and trading below the $0. 2240 resistance area. XRP to USD is likely to continue lower towards the key $0. 2130 support area in the near term. Key Takeaways: XRP/USD Ripple price is trading in a bearish zone below the $0.
A model on XRP price development predicts that the ‘crypto-asset’ will go to zero by next February. Ripple’s XRP has underperformed, and plotting a linear regression predicts more crashes to a lower price range.
Mercury FX is an international payments specialist with offices in London, Hong Kong and South Africa. The company joined RippleNet to speed up transfers, lower costs and open up new markets that were previously too expensive to access.
Coinspeaker XRP Market Update: Ripple’s XRP Trend of Minor LossesTrending lower consistently in a row of losses in the last six days, XRP exited Thursday on the level at 0. 2680 with a loss of $0.
Ripple price is gaining momentum and it recently climbed above $0. 3000 against the US dollar. The price traded towards the $0. 3050 resistance area and it is currently correcting lower. Yesterday’s highlighted key bearish trend line was breached with resistance near $0.
Ripple’s XRP had a dismal year so far. Volumes reach around $1. 6 billion per day, a comparatively weak result for a top 3 coin. Low Volumes Among Top Coins XRP saw its volumes sink even below those of EOS, which trades at $2.
Another week, another of Crypto Tidbits. Over the past week, Bitcoin hasn’t done too hot, sliding under $8,000 for the umpteenth time in a few months. A majority of altcoins — save for XRP, Dogecoin, Binance Coin, and a few others — have followed BTC lower, posting 3% to 6% losses.
Ripple delivered on its promise to “take a more conservative approach to XRP sales in Q3” and “substantially” reduce the sales as in its Q3 report the company reported a whopping 73. 7% decrease in Q3.
Ripple price is correcting lower and is trading below the $0. 2750 pivot level against the US dollar. The price is holding the $0. 2700 support area, but it is facing a strong resistance. There is a key bullish trend line forming with support near $0.
Ripple price corrected lower recently and tested the $0. 2450 support area against the US dollar. The price is currently climbing higher and is trading nicely above the $0. 2500 level. There is a key bullish trend line forming with support near $0.
Remitters want reliability, speed, convenience and lower cost—yet these key elements are at odds in today’s global payments. This is due in part to the current challenges moving money between currencies and the institutions that are licensed to handle these transactions.
Remitters want reliability, speed, convenience and lower cost—yet these key elements are at odds in today’s global payments. This is due in part to the current challenges moving money between currencies and the institutions that are licensed to handle these transactions.
Ripple price failed to break the main $0. 2650 resistance area against the US dollar. The price is currently correcting lower and is trading near the key $0. 2580 support area. There was a break below a major bullish trend line with support at $0.
Ripple price recovered recently, but it failed to break the $0. 2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0. 2500.
Despite the bullish impulse seen across the entire market since mid-December 2018, XRP has been making lower lows without showing any signs of prompt recovery. In fact, while Bitcoin is up 230 percent from the low of December 2018, this cryptocurrency is down 5 percent.
Ripple’s enterprise blockchain solutions enable a better user experience with more agility, transparency and lower cost for cross-border payments. Ripple, the global leader in enterprise blockchain solutions for cross-border payments, launches operations in Brazil to expand its footprint in South America.
Ripple, the company behind the XRP token has stated it expects, in the short term, their sales of XRP in Q2 2019 will be substantively lower – as a percentage of reported volume – than.
Ripple price corrected lower, but the $0. 4200 area acted as a strong support against the US dollar. The price bounced back above the $0. 4340 and $0. 4400 levels to move back in a positive zone.
Ripple price rallied recently above the $0. 4240 and $0. 4500 resistance levels against the US dollar. The price traded to a new weekly high at $0. 4599 and it is currently correcting lower. There is a major bullish trend line forming with support at $0.
Ripple price surged higher towards the 0. 0000580 level before correcting lower against bitcoin. XRP tested the 0. 0000400 support area vs BTC and it could soon climb higher once again. Key Talking Points Ripple price started.
Ripple price failed to break the $0. 4300 resistance and recently corrected lower against the US dollar. The price declined below the $0. 4000 support and tested the $0. 3800 support area. There is a key bullish trend line forming with support near $0.
Ripple price formed support near the $0. 3610 level and recently recovered against the US dollar. The price traded towards $0. 4300 and it is currently correcting lower towards $0. 3900. There is a short term rising channel forming with support near $0.
Ripple (XRP) react from 30 cents, add 8. 1 percent Supportive fundamentals would likely fan the next wave of higher highs At long last, Ripple (XRP) is responding. Because of bullish fundamentals, there are a series of higher highs in the daily chart that hint of increasing demand in lower time frames.
Ripple price started a fresh rise above the $0. 3100 and $0. 3200 resistance levels against the US dollar. The price tested the $0. 3400 area and recently corrected lower below $0. 3300 and $0. 3250.
Ripple price traded towards the $0. 3080 level and recently corrected lower against the US dollar. The price traded lower and broke the $0. 3040 and $0. 3020 support levels. There is a key bullish trend line in place with support near $0.
Ripple’s payment solution, xRapid, witnessed lower overall volumes. However, two independent corridors, Bitso and Coins. ph, witnessed higher volumes over the past two weeks. According to data obtained from xrpgraph.
Ripple price corrected lower recently and tested the $0. 3175 level against the US dollar. The price bounced back and traded above the $0. 3200 and $0. 3220 resistance levels. There was a break above a key bearish trend line with resistance near $0.
Ripple price climbed sharply towards the $0. 3500 resistance before sellers appeared against the US dollar. The price formed a high near $0. 3489 and recently corrected lower sharply below $0. 3400.
BTC/USD From yesterday’s open at $5317. 3 the price of Bitcoin has decreased by 2. 64% at first as it came down to $5177. 1 at its lowest point today but has since then increased again and came up to $5293.
Ripple prices slide 2. 5 percent Volumes drop reflects low prices Although centralized exchanges play a role, it should be a worry if they become too big to fail because if they do, then it will pull down the market with it.
Ripple price seems to be struggling near the $0. 3700 and $0. 3740 resistances against the US dollar. The price corrected lower recently, but it stayed above the main support at $0. 3480. There is a major bullish trend line forming with support near the $0.
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