Ripple Price Analysis: XRP/USD Resumes Downtrend

2018-6-27 10:00

Key Highlights Ripple price failed to hold gains above the $0.4700 support and declined against the US dollar. There is a new key bearish trend line formed with resistance near $0.4600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to decline and it could retest the last swing low of $0.4400.

Ripple price is back in a downtrend against the US Dollar and Bitcoin. XRP/USD is under pressure below $0.4700 for more losses towards the $0.4400 low.

Ripple Price Trend

There was a major struggle to hold gains above the $0.4700 level in Ripple price against the US Dollar. The XRP/USD pair failed to gain traction and declined below the $0.4600 support. The decline was such that the price traded below the 50% Fib retracement level of the last leg from the $0.4400 low to $0.4940 high. It opened the doors for more losses below $0.4600 and the price moved in a bearish zone.

It spiked below the $0.4500 level and formed a low at $0.4482 recently. At the moment, the price is trading near the $0.4500 level. An initial resistance is around the 23.6% Fib retracement level of the last recent decline from the $0.4933 high to $0.4482 low. There is also a new key bearish trend line formed with resistance near $0.4600 on the hourly chart of the XRP/USD pair. Above the trend line resistance, the $0.4700 is a crucial resistance. It now coincides with the 50% Fib retracement level of the last recent decline from the $0.4933 high to $0.4482 low.

Looking at the chart, the price is likely to struggle to move above $0.4600 and $0.4700. On the downside, the $0.4400 zone is a major support, below which, the price could test $0.4200.

Looking at the technical indicators:

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

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is well below the 40 level.

Major Support Level – $0.4400

Major Resistance Level – $0.4700

The post Ripple Price Analysis: XRP/USD Resumes Downtrend appeared first on NewsBTC.

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Ripple (XRP) на Currencies.ru

$ 0.5227 (-0.14%)
Объем 24H $901.375m
Изменеия 24h: 0.92 %, 7d: 3.35 %
Cегодня L: $0.5225 - H: $0.5244
Капитализация $28.899b Rank 7
Доступно / Всего 55.289b XRP / 100b XRP

ripple usd xrp price pair resumes analysis

Источник: newsbtc.com

ripple usd → Результатов: 19


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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