Ripple Price Analysis: XRP/USD Consolidating Losses

2018-6-28 09:30

Key Highlights Ripple price traded close to the $0.4750 resistance where it faced sellers against the US dollar. There is a short-term ascending channel in place with support at $0.4620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break the channel support and $0.4600 for a downside extension in the near term.

Ripple price is currently consolidating losses against the US Dollar and Bitcoin. XRP/USD may perhaps resume its decline if it fails to move above $0.4750 and $0.4800.

Ripple Price Resistances

There was a short-term low formed recently near $0.4470 in Ripple price against the US Dollar. The XRP/USD pair started a minor upside correction and traded above the $0.4550 resistance. It succeeded in moving above the 38.2% Fib retracement level of the last drop from the $0.4930 high to $0.4478 low. However, the upside move faced a lot of selling interest near the $0.4750 resistance.

The price failed to settle above the 50% Fib retracement level of the last drop from the $0.4930 high to $0.4478 low. A fresh downside wave was initiated and the price moved back below $0.4700. It seems like there is a short-term ascending channel in place with support at $0.4620 on the hourly chart of the XRP/USD pair. The pair could bounce back from the channel support at $0.4620. However, to initiate a decent recovery, the price has to move above the $0.4750 resistance. Above this, the next hurdles for buyers are at $0.4800 and $0.4900.

Looking at the chart, if the price fails to hold the $0.4620 and $0.4600 support, it could retest the $0.4470 swing low. The overall price structure is negative as long as XRP/USD is below $0.5000. On the downside, the most important support sits around $0.4200.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is about to move back in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now back below the 50 level.

Major Support Level – $0.4600

Major Resistance Level – $0.4750

The post Ripple Price Analysis: XRP/USD Consolidating Losses appeared first on NewsBTC.

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usd ripple xrp price support pair channel

Источник: newsbtc.com

usd ripple → Результатов: 20


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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