Ripple (XRP) Price Analysis: The Bears Might take the Price Below $0.43

2018-10-22 17:27

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.50, $0.53, $ 0.57

Support Levels: $0.45, $0.43, $0.40

XRP/USD is ranging in its medium-term outlook. On October 16 the cryptocurrency formed bullish hammer candle that propelled the XRP to the north towards the resistance level of $0.50 but unable to break out before the bears moved with their high momentum and return the XRP price to the low support level of $0.45 where it started consolidating.

The coin is trading above the support level of $0.45 with the 10-day EMA and 50-day EMA interlocked with each other and the coin is on the two EMAs which indicate that the consolidation is ongoing. The MACD indicator with its histogram is on the zero line and its signal lines parallel on the zero level which confirms that consolidation is ongoing.

Should the bears increase their momentum and push the price to the south and break the support level of $0.45, the price will be exposed to the support level of $0.43. In case the support level of $0.45 holds the bulls may take over the market by increasing the price of XRP to the north towards the resistance level of $0.50

XRP/USD Short-term Trend: Bearish

XRP is bearish on the short term. The coin was bearish yesterday as more bearish candles were formed. Today, XRP price is falling gradually on the 1-Hour chart and more bearish candles are forming which indicates the momentum of the bears. In case the bears were able to break the support level of $0.45, XRP will find its low at the lower support level of $0.43.  

On the 1–hour chart the 10-day EMA has crossed the 50-day EMA downside and the price is below the 10-day EMA which indicates that price is falling. Moreover, the MACD histogram is below the zero line and the signal lines are pointing to the south which indicates a sell signal.

The post Ripple (XRP) Price Analysis: The Bears Might take the Price Below $0.43 appeared first on ZyCrypto.

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Ripple (XRP) на Currencies.ru

$ 0.5068 (-0.20%)
Объем 24H $1.041b
Изменеия 24h: -0.76 %, 7d: -3.51 %
Cегодня L: $0.4973 - H: $0.5173
Капитализация $28.821b Rank 7
Цена в час новости $ 0.4529 (11.9%)

xrp price bears resistance levels ripple ranging

Источник: zycrypto.com

xrp price → Результатов: 126


Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

2024-10-29 18:00


XRP Price Growth: Analyst Breaks Down The Movements And Why It’s So

The reason behind the stagnant XRP price growth has remained a mystery, with many crypto analysts pointing to legal disputes and market volatility as key factors holding back its momentum. However, even during favorable market conditions and after gaining legal clarity following multiple Ripple Court wins against the United States Securities and Exchange Commission (SEC), XRP has still failed to experience a notable upward surge.

2024-10-16 23:00


XRP Price Set for Explosive Rally, Analyst Shares Timeline

XRP is getting close to a crucial level, and experts expect an upcoming breakout. Analyst EGRAG CRYPTO tweeted that XRP is likely to swing s in price during the next 15 to 30 days.  Complementing a thorough chart, the tweet highlighted important levels of support and resistance, therefore suggesting possible price targets for the short […] The post XRP Price Set for Explosive Rally, Analyst Shares Timeline appeared first on CaptainAltcoin.

2024-10-16 22:30


XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10

A recent analysis by a crypto analyst identified as ’Steph The Crypto’ is riling up the Ripple (XRP) community, as the analyst predicts a rapid surge in XRP’s price to $40. This pump could potentially place Ripple (XRP) in competition with top cryptocurrencies like Dogecoin, and ETFSwap (ETFS), both expected to experience explosive gains— Dogecoin […] The post XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10 appeared first on CaptainAltcoin.

2024-9-18 16:00


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