XRP Price Analysis: XRP/USD Trends of January 16–22, 2019

2019-1-16 11:40

CoinSpeaker
XRP Price Analysis: XRP/USD Trends of January 16–22, 2019

Key Highlights: There was a bearish breakout on the XRP market; the bears are in control of the market; traders should exercise patient before placing a trade. XRP/USD Price Long-term Trend: Bearish

Supply levels: $0.33, $0.38, $0.42
Demand levels: $0.31, $0.28, $0.24XRP/USD broke out of its range-bound zone on the long-term outlook. The bulls could not break the barrier at $0.38 price level, the bullish rally was terminated but the bears did break down the $0.33 former demand level with the formation of a big bearish Japanese candle on January 10. XRP/USD started another consolidation within the range of $0.33 and $0.31. The coin is no longer trading on the two EMAs but rather below the two EMAs as a bearish trend confirmation.

The cryptocurrency is currently exposed to the demand level of $0.31, trading below the 21-day EMA and 50-day EMA and the two EMAs are gradually moving apart which indicate a gradual increase of bearish momentum in the XRP market. Although the bears defended the supply level of $0.38 last week, XRP price could not reach the target of $0.28. The MACD period 12 with its histogram is below zero levels and the signal lines pointing down connotes further declination of the XRP price.

The breakdown of $0.31 demand level by the bearish momentum may push the coin to its previous low of $0.28 that is if the supply level of $0.33 holds. The patient is required before placing any trade.

XRP/USD Price Medium-term Trend: Bearish

XRP/USD is on the bearish trend on the medium-term outlook. The sideways movement of the XRP price was terminated on January 10 as the bearish engulfing candle emerged as a sign of bear’s increased momentum in the XRP market. XRP price fell and the former demand level of $0.33 broke down and the low of $0.31 price level was reached. The bears lost the pressure and the price was pushed up to retest the broken level.

The price is currently below the 21-day EMAs and 50-day EMA and the MACD period 12 with its histogram is faintly moving down which indicate sell signal.

XRP Price Analysis: XRP/USD Trends of January 16–22, 2019

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5269 (-0.05%)
Объем 24H $1.137b
Изменеия 24h: -0.44 %, 7d: 0.34 %
Cегодня L: $0.5225 - H: $0.5274
Капитализация $29.217b Rank 7
Цена в час новости $ 0.3283 (60.49%)

xrp 2019 price january usd trends analysis

Источник: coinspeaker.com

xrp 2019 → Результатов: 56


Q1 2019 XRP Markets Report

Ripple sold $169.42 million of XRP in Q1 2019 Ripple’s Q1 sales accounted for 0.32 percent of global XRP volume Three billion XRP were released out of cryptographic escrow, 2.30 billion returned to escrow XRP is now listed on approximately 120 exchanges worldwide   Sales Summary (dollars in millions) Q4 2018 Q1 2019 Institutional direct … Continued The post Q1 2019 XRP Markets Report appeared first on Ripple.

2019-4-25 19:00


XRP To Hit $300 In Less Than 9 Months If 2019 Goes The 2017 Way

Someone just made one heck of a wild twitter post that’s now blowing up the internet. It’s The Crypto Dog, and he’s talking about the XRP price in 2019. According to the particular tweet, The Crypto Dog opines that XRP could hit the price as high as $300 in the next 9 months, but there’s […] The post XRP To Hit $300 In Less Than 9 Months If 2019 Goes The 2017 Way appeared first on ZyCrypto.

2019-4-10 10:00


Брэд Гарлингхаус: В 2019 году банки запустят сервисы ответственного хранения криптовалют

CEO компании Ripple Брэд Гарлингхаус говорит, что с 2019 года сервисы по хранению криптовалютных активов, таких как XRP, станут доминирующими банковскими продуктами. Это вызывает озабоченность из-за участия централизованных банков в криптовалютных транзакциях, в то время как криптовалюты изначально задумывались для того, чтобы передавать денежные средства «в обход» банков. CEO Ripple связывает такой ход событий с […]

2018-12-5 21:05


Фото:

Coinsquare To Enter European Markets By 2019, Bringing BTC, ETH And XRP With It

The biggest cryptocurrency exchange in Canada, Coinsquare, have announced in a press release that they now plan on entering European markets by Q4 2018, meaning that come 2019, Coinsquare should be readily available across a number of European countries, opening up for the trade of Bitcoin, Bitcoin Cash, Ethereum, Litecoin, XRP, Dogecoin and Dash.

2018-8-24 15:00


дальше еще 7 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Analyst Predicts XRP At $0.75 In July Despite Year-Long Slump

In a stark contrast to the performance of the broader crypto market, XRP continues to face significant challenges, according to statements from pro-XRP lawyer Bill Morgan. Despite a discouraging decline in the value of the crypto asset relative to Bitcoin (BTC) and 88% of the top 100 cryptocurrencies, Morgan maintains a bullish outlook on the asset.

XRP & Cardano Whales Load Up Bags: Preparation For Altcoin Rally?

On-chain data shows that XRP and Cardano whales have been accumulating recently, which can be bullish for the prices of these altcoins. XRP & Cardano Whales Have Gone On A Buying Spree Recently As analyst Ali explained in a new post on X, XRP whales have seen their holdings go up over the last couple of weeks.

XRP Whales Are Active: Here’s Where They Are Sending Coins

On-chain data shows the XRP whales have been active during the past day. Here are the destinations their moves have been heading to. XRP Whales Have Moved Around Big Amounts In Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large XRP transactions have been witnessed on the blockchain in the past day.

XRP Price Alert: Breakout Could Confirm Today

The XRP price has been in a downtrend since mid-November 2023. However, the XRP bulls seem to be taking control again if the following happens. An analysis of the 1-day chart of XRP/USD reveals that a potential price breakout is imminent.