Ripple Price Analysis: XRP/USD Could Extend Gains Toward $0.30

2018-9-14 10:00

Key Highlights Ripple price is slowly moving higher and it recently broke the $0.2720 resistance against the US dollar. There was a break above a key bearish trend line with resistance at $0.2675 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.2700 support and the 100 hourly simple moving average.

Ripple price is moving with a bullish angle against the US Dollar and Bitcoin. XRP/USD could rise further towards the $0.2900 and $0.3000 resistances in the near term.

Ripple Price Support

Yesterday, there was a decent upward move from the $0.2600 swing low in Ripple price against the US Dollar. The XRP/USD pair traded above the $0.2650 and $0.2700 resistance levels. During the rise, there was a break above the $0.2720 resistance and the 100 hourly simple moving average. Additionally, the price surpassed the 61.8% fib retracement level of the last slide from the $0.2900 high to $0.2490 low.

More importantly, there was a break above a key bearish trend line with resistance at $0.2675 on the hourly chart of the XRP/USD pair. The pair traded above the $0.2800 level and formed an intraday high at $0.2863. Later, there was a downside correction below the $0.2800 level. The price tested the 23.6% fib retracement level of the recent wave from the $0.2492 low to $0.2863 high. However, declines were limited by a connecting bullish trend line with current support at $0.2790. It seems like the price may continue to rise as long as the trend line and the $0.2720 support are intact.

Looking at the chart, ripple price needs to clear the $0.2860 and $0.2900 resistance levels to climb towards $0.3000. The current price action is positive, but XRP must hold the $0.2720 support.

Looking at the technical indicators:

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

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is well above the 60 level.

Major Support Level – $0.2720

Major Resistance Level – $0.2900

The post Ripple Price Analysis: XRP/USD Could Extend Gains Toward $0.30 appeared first on NewsBTC.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5202 (-0.13%)
Объем 24H $470.91m
Изменеия 24h: -0.78 %, 7d: 3.17 %
Cегодня L: $0.52 - H: $0.5235
Капитализация $28.76b Rank 7
Цена в час новости $ 0.2816 (84.73%)

ripple xrp usd price above pair key

Источник: newsbtc.com

ripple xrp → Результатов: 126


Ripple собирается запустить DeFi-протокол

Ripple (XRP) продолжает совершенствовать XRP Ledger (XRPL). Теперь проект хочет привнести в экосистему децентрализованные финансы (DeFi). Разработчики Ripple представили предложение, направленное на создание в XRP Ledger экосистемы DeFi.

2024-4-15 16:04


Ripple запускает долларовый стейблкоин в качестве конкурента USDT и USDC

Эмитент XRP Ripple объявил о планах по запуску стейблкоина, обеспеченного долларами США, и надеется в течение ближайших лет отвоевать значительную долю рынка у Circle и Tether. Технический директор Ripple Дэвид Шварц (David Schwartz) сообщил, что первоначально стейблкоин будет выпущен в блокчейнах XRP и Ethereum.

2024-4-5 18:49


Фото:

Издание Forbes назвало блокчейн Ripple «зомби-сетью»

Журналисты издания Forbes усомнились в полезности экосистемы Ripple, в частности XRP Ledger (XRPL) и монеты XRP. Издание также назвало блокчейны Ripple, Cardano, Bitcoin Cash, Litecoin и Stellar «зомби-сетями».

2024-3-31 12:58


Ripple нарастила продажи XRP

В феврале компания Ripple продала 120 миллионов из зарезервированных для своей казны 200 миллионов XRP. Интересно в этом процессе то, что бездействующий два года адрес кошелька, который контролирует компания и который помечен XRP Scan как «Ripple (52)», отправил 100 миллионов токенов на сумму $53,5 миллиона на адрес «Ripple (1)».

2024-2-15 12:02


Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst

Analysts JD and Cryptotoes share crucial insights about Ripple (XRP), providing a glimpse into the potential for a parabolic move. JD lays out three key factors that could pave the way for a parabolic move in Ripple XRP: JD tantalizingly mentions that once these conditions align, smart money—representing 5% of investors—might seize the opportunity for […] The post Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst appeared first on CaptainAltcoin.

2023-11-28 20:30


Will XRP’s Price Jump After Another Ripple Win Against the SEC Be Short-Lived?

According to analysis firm Santiment, XRP spiked 8% following news that the SEC’s appeal against Ripple was denied. The immediate aftermath saw Ripple’s native cryptocurrency, $XRP, experiencing a swift +8% surge, and it has swiftly become a focal point, constituting nearly a quarter of discussions related to the top 100 assets in the crypto space.

2023-10-4 10:19


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

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.