XRP Price Analysis: Currency is Targeting $0.5, Can The Bears Lose Grip?

2018-11-15 18:38

Supply zones: $0.46, $0.48, $0.51

Demand zones: $0.43, $0.41, $0.37

XRP/USD Medium-term Trend: Bullish

XRP/USD is bullish in its medium-term outlook. The coin reversed from the uptrend as the doji candle ended the consolidation phase and a bearish engulfing candle formed which broke $0.51 price level downside. More strong bearish candles were formed which broke former demand zones of $0.48, $0.46 and $0.43 but the XRP price was pushed back by the bulls to $0.46 price level. The bears were in control of the XRP market.

XRP price is trading below 21-day EMA and 50-day EMA with 21-day EMA crossed the 50-day EMA downside, which indicates the strong pressure of the bears, couple with the MACD indicator with its histogram below zero level and its signal lines pointing to the south indicates a bearish trend continues.

XRP/USD Short-term Trend: Bearish

On the 1-Hour chart, XRP/USD is also in bearish trend. XRP consolidated for some time within the range of $0.53 and $0.51 price level before eventually broke out from the lower side of the range. The bears pushed the coin to the south, down to $0.43 demand level with full force; this shown clearly on the chart with the formation of massive bearish candles.

XRP price is already under the 21-day EMA and 50-day-EMA which indicate that downtrend is ongoing after pullback has been done and the MACD with its histogram is fading from above zero level gradually going down below zero level with its signal lines pointing to the south, an indication of a selling market. XRP is targeting $0.499 price level.

The post XRP Price Analysis: Currency is Targeting $0.5, Can The Bears Lose Grip? appeared first on ZyCrypto.

origin »

Ripple (XRP) на Currencies.ru

$ 1.8651 (-0.22%)
Объем 24H $1.098b
Изменеия 24h: 1.16 %, 7d: -2.19 %
Cегодня L: $1.8543 - H: $1.8767
Капитализация $112.976b Rank 5
Цена в час новости $ 0.4566 (308.48%)

xrp price formed candle usd bullish medium-term

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