XRP Price Analysis: Currency is Rallying to the North

2018-11-5 19:05

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.46, $0.47, $ 0.48

Support Levels: $0.45, $0.44, $0.43

XRP was bullish yesterday on the medium-term outlook. The bulls took over the market shortly after the Doji candle formation at the support level of $0.45. The bulls gained momentum and pushed the XRP price to break the resistance level of $0.46 and rallied to the upper resistance level of $0.47.

The price reversed by the bears’ pressure with the formation of inside bar bearish candle that pushes the coin below the resistance level of $0.46. The bearish trend the market is experiencing now could be a pullback to retest the broken level before the continuation of uptrend movement.

The dynamic support and resistance of 21-day EMA have crossed the 50-day EMA couple with the XRP price above the two EMAs confirm the bullish trend of XRP. In the same vein, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

The cryptocurrency is bearish on the 1-Hour chart. The coin rallied to the north with the pressure from the bulls yesterday. This is confirmed by the formation of massive strong bullish candle that broke the resistance levels of $0.45 and $0.46 targeted the upper resistance level of $0.47, the Bulls lose the pressure and the bears took over the market with the formation of bearish inside bar candle that pushed the XRP price below the resistance level of $0.46.

The 21-day EMA has crossed the 50-day EMA upside and the price is on the 21-day EMA and 50-day EMA with the MACD histogram that is below the zero line and the signal lines are pointing to the south which indicates a sell signal.

The post XRP Price Analysis: Currency is Rallying to the North appeared first on ZyCrypto.

origin »

Ripple (XRP) на Currencies.ru

$ 1.8706 (+0.16%)
Объем 24H $1.07b
Изменеия 24h: 1.32 %, 7d: -1.79 %
Cегодня L: $1.8543 - H: $1.8767
Капитализация $113.308b Rank 5
Цена в час новости $ 0.5048 (270.56%)

xrp price bullish resistance level support bulls

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