Ripple Price Analysis: XRP/USD Could Retest $0.40 Before Upside Break

2018-11-22 11:05

Ripple price declined recently and tested the $0.4050 support against the US Dollar. XRP/USD is currently correcting, but it could decline once again towards $0.4100 or $0.4050 before higher.

Key Talking Points

Ripple price is placed nicely above an important support at $0.4050 against the US Dollar. XRP/USD is following a major bearish trend line with resistance at $0.4580 on the 2-hours chart (Data feed via Bitstamp). XRP price could fail to clear the $0.4580 resistance and it might revisit the $0.4050 support. Ripple Price Forecast

The past few days were very choppy for ripple price as it declined after holding the $0.4580 support for a long time against the US Dollar. The XRP/USD pair declined below the $0.4250 support and traded towards the next support at $0.4050.

Looking at the chart, the price traded as low as $0.4004 and later bounced back above the $0.4050 support. The price started a decent recovery and moved above the $0.4200 and $0.4250 resistance levels.

During the rise, the price also broke the 23.6% Fib retracement level of the last slide from the $0.4997 high to $0.4004 low. However, the price seems to be struggling near the $0.4500 and $0.4580 resistance levels. Moreover, it is currently well below the $0.4700 pivot level and the 100 simple moving average (2-hours).

An immediate resistance is at $0.4500 and the 50% Fib retracement level of the last slide from the $0.4997 high to $0.4004 low. Above this, there is a major bearish trend line with resistance at $0.4580 on the same chart.

Therefore, it won’t be easy for buyers to clear the $0.4500 and $0.4580 resistance levels in the near term. If they succeed, the price could even break the $0.4700 resistance and the 100 SMA.

Conversely, ripple price could decline once again to test the $0.4200 or $0.4100 support. The main support for the current wave is near the $0.4050 level, below which XRP is likely to accelerate losses towards the $0.3880 level in the near term.

The market data is provided by TradingView.

The post Ripple Price Analysis: XRP/USD Could Retest $0.40 Before Upside Break appeared first on Ethereum World News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5132 (+0.22%)
Объем 24H $829.795m
Изменеия 24h: -0.25 %, 7d: 1.08 %
Cегодня L: $0.5077 - H: $0.5177
Капитализация $28.374b Rank 7
Цена в час новости $ 0.4367 (17.52%)

usd xrp price ripple 4050 could against

Источник: ethereumworldnews.com

usd xrp → Результатов: 126


Фото:

Crypto Facilities представила бессрочные фьючерсы на криптовалюты

Криптовалютная торговая платформа из Великобритании Crypto Facilities запустила торги бессрочными фьючерсными контрактами на криптовалюты bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) и Bitcoin Cash (BCH) в паре с американским долларом, а также XRP/BTC.

2018-9-3 14:29


Фото:

Bittrex Officially Adds XRP/USD and ETC/USD Pairs

Popular crypto exchange, Bittrex, has officially added XRP/USD and ETC/USD trading pairs effective August 20th, 2018. In the Twitter announcement that was made on the same day, the team at the exchange stated the following: Today, we’re adding XRP and ETC to our USD (Fiat) markets in addition to previously announced USD pairs for Bitcoin […] The post Bittrex Officially Adds XRP/USD and ETC/USD Pairs appeared first on Ethereum World News.

2018-8-21 16:32


Анализ курса Ripple на 13 августа

На момент написания статьи торговля ведется на уровне поддержки $0.3000, а нисходящая линия тренда сформировала сопротивление в районе $0.3040 (часовой график пары XRP/USD). Криптовалюта рискует понести новые потери в ближайшее время и опуститься ниже $0.2900 и $0.2800.

2018-8-13 14:06


Weiss Ratings: XRP — самый быстрый цифровой актив на крипторынке

Рейтинговое агенство Weiss Ratings пришло к выводу, что XRP является самой быстрой криптовалютой на рынке и служит лучшим вариантом для перевода средств между биржами, пишет The Daily Hodl. Также агенство выступило в поддержку добавления пары USD/XRP на Binance.

2018-8-13 10:59


 98 из топ-100 криптовалют торгуются в красной зоне

Утром 11 ав­гу­ста рынок крип­то­ва­лют ушёл в минус. По дан­ным Сoinmarketcap, раз­ные мо­не­ты де­мон­стри­ру­ют па­де­ние до 23,5%, а бит­ко­ин устре­мил­ся к $6000. Как пишет Insider. pro, в пер­вой де­сят­ке наи­худ­шие ре­зуль­та­ты за сутки де­мон­стри­ру­ют эфир (ETH/USD) и XRP (XRP/USD), по­те­ряв­шие 11,55% и 11,29% со­от­вет­ствен­но.

2018-8-11 12:01


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Lisbon Blockchain Conference to feature elite pitching event for crypto startups

The upcoming Lisbon Blockchain Conference is gearing up to offer founders an avenue to pitch their startups to potential investors. In an April 22 statement, the conference organizers said one of the side events will be a “closed door” pitching competition, allowing crypto startups to showcase their ideas to potential investors.

Bitcoin to hit 1 billion users by 2025? Market expert gives his insight

Raoul Pal compares crypto adoption with internet adoption. Solana's rise in the previous market cycle underscores the importance of adoption. The ongoing crypto bloodbath has sent shockwavesThe post Bitcoin to hit 1 billion users by 2025? Market expert gives his insight appeared first on AMBCrypto.

Суд США отказался признать вторичные продажи активов на Coinbase торговлей ценными бумагами

Второй окружной апелляционный суд США на Манхэттене отклонил иск клиентов американской криптобиржи Coinbase, требовавших отмены собственных транзакций и финансовой компенсации за продажу незарегистрированных ценных бумаг.