Ripple started an upside above the $0.2850 resistance area against the US Dollar. However, XRP price is still facing a couple of key hurdles near $0.3000 and $0.3080.
Ripple price is currently correcting higher from the $0.2677 swing low against the US dollar.
The price is trading above $0.2850, but it is still facing many key resistances.
There is a key bearish trend line forming with resistance near $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken).
The price struggle to continue above the $0.3000 and $0.3080 resistance levels in the near term.
Ripple Price Near Crucial Juncture
After a strong decline below $0.3000 and the 100 hourly simple moving average, ripple found support near the $0.2650 area. XRP traded as low as $0.2677 and recently started a steady recovery above the $0.2700 level.
There was a break above the $0.2750 and $0.2800 resistance levels. Moreover, there was a break above the 23.6% Fib retracement level of the main decline from the $0.3470 high to $0.2677 low.
The price even climbed above the $0.2950 resistance area. However, ripple is currently facing a strong resistance near the $0.3000 pivot level and the 100 hourly simple moving average.
More importantly, there a key bearish trend line forming with resistance near $0.3000 on the hourly chart of the XRP/USD pair. Above the trend line, there is a key hurdle forming near the $0.3070 and $0.3080 levels.
Ripple Price
Besides, the 50% Fib retracement level of the main decline from the $0.3470 high to $0.2677 low is also near the $0.3080 area. Therefore, a successful close above the $0.3080 resistance area is needed for a strong rise in the coming sessions.
If there is a clear close above $0.3080 and $0.3100, there are high chances of another rally towards the $0.3200 and $0.3320 levels.
Another Failure?
We cannot discard the chances of another failure near the $0.3000 resistance area and the 100 hourly SMA. In the mentioned case, the price is likely to continue lower towards the $0.2850 and $0.2800 levels.
The main support for ripple is still near the $0.2650 area, below which the price could start a strong decline towards the $0.2500 pivot area in the near term.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is slowly moving in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently just above the 50 level, with a bearish angle.
Major Support Levels – $0.2850, $0.2800 and $0.2650.
Major Resistance Levels – $0.3000, $0.3070 and $0.3080. origin »
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 failed to clear the key $0. 3080 resistance and declined sharply against the US Dollar. XRP price is down 5%, but there are many key supports on the downside. Ripple price started a strong decline after it was rejected near the $0.
Key Highlights XRP market is under a falling force by the US dollar price valuation. XRP/USD pair’s value now averages a low point at $0. 26. The XRP/USD traders need to exercise some levels of caution in exerting more sell order presently.
Key Highlights XRP/USD market now trades in a correctional moving mote around $0. 32 value. Trading around $0. 34 and $0. 32 price values may generate into seeing line of further range market movements.
Ripple surged higher and climbed above the $0. 3200 resistance area against the US Dollar. However, XRP price is now facing a strong resistance near the $0. 3400-$0. 3500 area. Ripple price surged to a new 2020 high at $0.
Key Highlights XRP/USD market has managed to spring northward to hit a high resistance point at $0. 34 mark. As at the time of writing, the US dollar cannot ensure a quick come-back in this trade. The market lines between $0.
Ripple rallied around 20% and it broke the key $0. 3000 resistance against the US Dollar. XRP price is now approaching the $0. 3400-$0. 3500 resistance, where it could face a strong selling interest.
Key Highlights There have been notable sequential increases in the valuation of the XRP/USD trade. Most indications support that the XRP/USD bulls are still relatively in the control of this crypto market.
Key Highlights XRP/USD pair has been trading around $0. 28 price territory. A prolong range of trade operations may be experienced around the $0. 28 line. The XRP/USD bulls may be taking time to surge northwards.
Key Highlights XRP market valuation had been on an increase to outweigh the US dollar price worth. XRP/USD pair has the potential ability to build up the energy between the $0. 28 and $0. 26 price levels.
Key Highlights XRP/USD market consolidates below the $0. 30 supply zone for about a couple of days. The XRP price now experiences a pit stop between $0. 30 and $0. 20 lines. Either a breakout or a reversal at $0.
While XRP is up over 50% in the past 50 days, rallying from $0. 17 to a local top of $0. 29 in just over a months’ time, the cryptocurrency is still dramatically down from its all-time high above $3.
It’s been a progressive year for Singapore’s fintech space, with a who’s who of players attending the Singapore Fintech Festival. Also in early November, Ripple held its third annual Swell conference for the first time in Asia, where we had the chance to experience insightful keynotes from the world’s most trusted voices in financial services, … Continued
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Ripple found support near the $0. 2460 area and climbed higher against the US Dollar. XRP price surpassed the key $0. 2500 resistance to open the doors for more upsides. Ripple price is showing positive signs above $0.
In an official announcement published by Warren Paul on Xpring’s official blog, the Ripple product will introduce Xpring Developer Relations, or Xpring DevRel in short. According to the post the Xpring DevRel will have social media forums and a community page that will assist developers working on Xpring and share key information on development progress […]
Ripple gained recently and broke the $0. 2450 and $0. 2500 resistance levels against the US Dollar. XRP price is currently correcting, but it is likely to continue higher towards $0. 3000. Ripple price climbed higher and traded to a new monthly high at $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.
XRP didn’t have the best of years in 2019. In a year when effectively all assets posted jaw-dropping gains — Bitcoin gained 95%, the S&P 500 rallied by over 30%, gold posted an approximate 20% gain — the third-largest cryptocurrency plunged 50%.
Ripple extended its decline and broke the key $0. 2270 support against the US Dollar, similar to bitcoin below $8,500. XRP price is now at a risk of more losses towards $0. 2050 or $0. 2000. Ripple price is gaining bearish momentum and it is now well below $0.
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Ripple price is trading nicely above the $0. 2300 and $0. 2335 support levels. XRP to USD is likely to surge again if it clears the $0. 2405 and $0. 2415 resistance levels. Key Takeaways: XRP/USD Ripple price declined recently from the $0.
Ripple tested the key $0. 2240 support area and recovered against the US Dollar, similar to bitcoin. XRP price is showing positive signs and it could rally to $0. 2550 if it breaks $0. 2420. Ripple price is recovering nicely from the $0.
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security.
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.
Ripple is down more than 4% after it was rejected near $0. 2450 against the US Dollar, similar to bitcoin near $8,900. XRP price is now approaching the key $0. 2230 and $0. 2200 support levels. Ripple price declined steadily after forming a short term top near $0.
Over the past seven months, analysts have been wondering when the crypto market is going to revert back to a bull phase. Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security You see, when Bitcoin started rallying from $4,000 higher in early-2019, analysts and investors thought this was the start... The post appeared first on NewsBTC.
In the long-running saga concerning XRP’s status as a security or not, Ripple Labs CEO Brad Garlinghouse outlines why he thinks the token is decisively not a security. “ I think it’s very clear that XRP is not a security….
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 rallied more than 15% after it broke the key $0. 2000 resistance against the US Dollar. XRP bulls now aim $0. 2320 or $0. 2400, considering the current market sentiment for bitcoin. Ripple price surged above the $0.
Ethereum is up around 5% and trading above key hurdles near $140 versus the US Dollar. Bitcoin and ripple surged 5% and 12% respectively, opening the doors for another increase in ETH. Ether price is now trading above the key $140 and $142 resistance levels against the US Dollar.
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 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 slowly grinding higher and approaching the $0. 2000 resistance against the US dollar. XRP seems to be forming a nice support near the $0. 1940 and $0. 1925 levels. There is a key rising channel forming with support near $0.
Ripple CEO Brad Garlinghouse predicts that 2020 will see more cryptocurrency projects culled, as utility becomes a stronger driver of success in the coming year. Sees Deadcoins Rising In 2020 Through Over saturation Solving Real-World Problems Is The Key To Survival According To Ripple CEO In the latest episode of The Ripple Drop, Ripple executives.
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support 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 diving below $0. 1900 and it recently traded to a new 2-year low against the US dollar. It broke a significant support, opening the doors for further losses below $0. 1800. There is a key bearish trend line forming with resistance near $0.
Ripple price declined heavily in the past few hours and weakened more than 10%. XRP to USD is likely to remain in a downtrend as long as it is below $0. 2040 and $0. 2100. Key Takeaways: XRP/USD Ripple price is down more than 10% and it tumbled below the $0.
Ripple price is declining and it recently broke the key $0. 2200 support area against the US dollar. The price is likely to face hurdles near $0. 2200 and $0. 2240 in the near term. Yesterday’s key bearish trend line is intact with resistance near $0.
Ripple price started a major decline from well above the $0. 2300 level. XRP to USD is approaching the $0. 2175 support, below which it could decline heavily. Key Takeaways: XRP/USD Ripple price is currently under pressure below the $0.
Ripple price declined recently below the $0. 2240 and $0. 2220 support levels against the US dollar. The price is currently correcting higher, but facing resistance near $0. 2240 and $0. 2260. There is a key bearish trend line forming with resistance near $0.
Ripple price is currently declining from the key $0. 2320 resistance area against the US dollar. The price is now trading below $0. 2260 and it is showing a few bearish signs. Yesterday’s major bullish trend line was breached with support near $0.
In a strategic move that has captured the crypto industry's attention, Franklin Templeton has filed for a Solana-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
XRP news today suggests the prolonged legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally approaching its conclusion.
XRP has experienced a notable price surge, climbing 7% to reach $2.25, marking a strong recovery from recent declines. This upward movement has reignited investor optimism, with analysts speculating whether XRP price can sustain its momentum and target the critical $3 level.
Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.
Ripple price remains in a bear market after falling by over 35% from its highest level in January. Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data. Most of them rose, with Bitcoin…
Друзья, готовимся к важному событию — уже в мае XRP получит сразу несколько ETF. SEC рассмотрит заявки от Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale и WisdomTree. Но проблема в том, что SEC тянет время.
XRP is at a crucial turning point as the cryptocurrency struggles to maintain support at the $2 level. A breakdown could trigger a significant decline, while a successful defense may pave the way for a bullish recovery. Here is today’s XRP news.
