XRP Price Analysis: Bears Take Control Of the Market, Bullish Breakout Imminent

2018-10-30 22:06

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.48, $0.50, $ 0.57

Support Levels: $0.43, $0.41, $0.40

Yesterday, September 28, XRP price was in a sideways trend. Since after the bearish breakout on October 18 the cryptocurrency had been fluctuating between the levels of $0.48 resistance level and $0.44 support level. Today, the price of the cryptocurrency is falling as it has reached the previous low at $0.43.

Currently, the XRP is experiencing price pullback by the bears and the lower level of price was not broken, that should have been an opportunity to initiate a long trade. Therefore, traders can look out to initiate a long trade at the lower level of price, if the price falls to break the lower level of a price range $0.43.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 21-day EMA and the 50-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

XRP was consolidating yesterday on the 1-Hour chart. Today, the coin was bearish with the formation of strong bearish candles, the coin was moved to the low level of the bound range (support level of $0.43). The bears were unable to break the level, therefore, the bulls took over the market and rally to the north which may be a price retracement.

The 21-day EMA has crossed the 50-day EMA downside and the price is below the 21-day EMA and 50-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 XRP Price Analysis: Bears Take Control Of the Market, Bullish Breakout Imminent appeared first on ZyCrypto.

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xrp price breakout levels bearish support trend

Источник: zycrypto.com

xrp price → Результатов: 126


Banks Could Favor A Higher XRP Price, Finance Expert Says

XRP has continued to trade lower as crypto prices weaken across the board, with the total market shedding more than $1. 3 trillion since October. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn During the past three months, XRP has dropped more than 30%, keeping pressure on sentiment even as some commentators argue the token’s purpose goes far beyond short-term price moves.

2025-12-21 00:00


XRP Dominates Institutional Inflows, But Why Is Price Still Low?

XRP is at the center of the institutional flows, leading the crypto market in streaks of capital inflows even as its price is locked around $2. Recent data shows that money is still entering into Spot XRP ETF products, but despite this steady demand and a clear shift toward bullish sentiment across social platforms, XRP’s spot price has struggled to break higher, and this raises questions as to why inflows and price action appear out of sync.

2025-12-16 01:00


XRP price ETFs unable to affect price as XRP drops 5%, is the market eyeing a new payment token?

The xrp price has come under pressure again, even as spot XRP ETFs continue to attract attention from traditional finance. The market remains focused on whether institutional inflows will eventually translate into stronger momentum, but sentiment this week suggests traders are looking at alternative payment-focused assets for stability.

2025-11-16 15:39


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