Ripple Price Analysis: XRP/USD Primed for More Gains

2018-7-17 09:30

Key Highlights Ripple price is surging higher and it recently broke the $0.4500 resistance against the US dollar. There is a key connecting bullish trend line formed with support at $0.4750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely above the $0.4700 support area for more upsides in the near term.

Ripple price gained bullish momentum against the US Dollar and Bitcoin. XRP/USD broke the $0.4500 resistance and it could continue to move higher towards $0.5000.

Ripple Price Upward Move

Yesterday, we discussed about a crucial resistance near $0.4500 in Ripple price against the US Dollar. The XRP/USD pair surged higher recently and managed to break the mentioned $0.4500 barrier. After the break, there was a sharp upward move and the price traded above the $0.4600 and $0.4700 levels. The upside move was strong as the price even broke the $0.4800 resistance.

A high was formed at $0.4833 before the price started consolidating gains. On the downside, an initial support is near the $0.4800 level. There is also a key connecting bullish trend line formed with support at $0.4750 on the hourly chart of the XRP/USD pair. Below the trend line, the 23.6% Fib retracement level of the last leg from the $0.4432 low to $0.4833 high might act as a support near $0.4739. Below this, the price could extend the decline towards the $0.4650 support. An intermediate support is near $0.4680 and the 38.2% Fib retracement level of the last leg from the $0.4432 low to $0.4833 high.

Looking at the chart, the price is placed nicely in an uptrend above $0.4700. Going forward, it could break the $0.4833 high and make an attempt to surge towards the $0.5000 resistance.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is placed with positive signs in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 70 level.

Major Support Level – $0.4700

Major Resistance Level – $0.4850

The post Ripple Price Analysis: XRP/USD Primed for More Gains appeared first on NewsBTC.

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Ripple (XRP) на Currencies.ru

$ 0.5232 (-0.13%)
Объем 24H $929.207m
Изменеия 24h: 1.35 %, 7d: 3.58 %
Cегодня L: $0.5225 - H: $0.5244
Капитализация $28.928b Rank 7
Цена в час новости $ 0.474744 (10.21%)

ripple usd price xrp pair support gains

Источник: newsbtc.com

ripple usd → Результатов: 62


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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