Ripple Price Analysis: Can XRP/USD Bounce Back?

2018-7-9 10:00

Key Highlights Ripple price declined a few points recently after trading as high as $0.4877 against the US dollar. There is a key bullish trend line forming with support at $0.4680 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may dips a few more points, but it remains supported above the $0.4650 level.

Ripple price is placed in a bullish zone against the US Dollar and Bitcoin. XRP/USD must break the $0.4800 and $0.4860 resistances to trade further higher.

Ripple Price Support

During the past 2-3 days, there were decent bullish moves above $0.4600 in Ripple price against the US Dollar. The XRP/USD pair traded above the $0.4750 and $0.4800 resistance levels. A high was formed at $0.4877 before the price started a downside move. It declined and broke the 23.6% Fib retracement level of the last wave from the $0.4629 low to $0.4877 high.

Moreover, there was a break below an ascending channel with support at $0.4820 on the hourly chart of the XRP/USD pair. The pair tested the $0.4750 support where buyers appeared. Furthermore, the price tested the 50% Fib retracement level of the last wave from the $0.4629 low to $0.4877 high. At the moment, the price is consolidating losses near the $0.4780 level and the 100 hourly simple moving average. On the downside, there is a key bullish trend line forming with support at $0.4680 on the same chart. Therefore, if the price dips further from the current levels, it could find support near the $0.4700 and $0.4680 levels.

Looking at the chart, the price is placed in a bullish zone above $0.4700. On the upside, a break above the $0.4800 and $0.4850 resistance levels may perhaps clear the path for more gains.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is currently in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently just above the 40 level.

Major Support Level – $0.4700

Major Resistance Level – $0.4850

The post Ripple Price Analysis: Can XRP/USD Bounce Back? appeared first on NewsBTC.

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usd ripple xrp price points few pair

Источник: newsbtc.com

usd ripple → Результатов: 46


Анализ цены Ripple (25.06.18)

Курс Ripple находится под сильным давлением со стороны медведей, именно поэтому недавно произошел спуск ниже $0. 50. Сопротивление нисходящей линии тренда образовалось на уровне $0. 48 на часовом графике пары XRP/USD.

2018-6-25 14:03


Анализ курса Ripple на 25 июня

Курс Ripple находится под сильным давлением со стороны медведей, именно поэтому недавно произошел спуск ниже $0. 50. Сопротивление нисходящей линии тренда образовалось на уровне $0. 48 на часовом графике пары XRP/USD.

2018-6-25 13:40


Анализ курса Ripple на 19 июня

Курс Ripple сформировал минимум на уровне $0.51, после чего произошел отскок, в результате которого было прорвано сопротивление нисходящей линии тренда при $0.52 на часовом графике пары XRP/USD

2018-6-19 15:14


Анализ основных криптовалютных пар на 11.06.2018

BTC/USD После того, как под воздействием бычьего импульса цена Bitcoin вышла из флэта, пара на снижении потеряла почти 13% и вчера установила минимум в точке 6627. 70 USD. Падение не было неожиданным, хотя такой интенсивности мало кто ожидал.

2018-6-11 10:42

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