Ripple (XRP) Gearing For Lift-Off to $0.30: Bulls Are Not Done Yet

2020-1-31 07:28

Ripple is slowly rising and it recently climbed above the $0.2400 resistance against the US Dollar. XRP price remains in a steady uptrend and it is likely to continue higher towards $0.3000. Ripple price is trading in an uptrend above $0.2200 and it is likely to hit $0.3000 against the US dollar. The bulls managed to push the price above the $0.2400 resistance area. There is a connecting bullish trend line forming with support near $0.2405 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is well supported on dips near $0.2400 and $0.2320 in the near term. Ripple Price Likely To Continue Higher After testing the $0.2320 support, ripple started a fresh increase. XRP price gained strength and broke the $0.2350 resistance area, while bitcoin fails to continue above the $9,500 resistance area. The recent upward move was such that the price broke the $0.2400 resistance and settled well above the 100 hourly simple moving average. Besides, there was a break above the $0.2410 level and the price traded to a new intraday high at $0.2465. It is currently correcting lower below the $0.2440 level. Ripple is testing the 23.6% Fib retracement level of the recent upward move from the $0.2293 low to $0.2464 high. However, the $0.2400 area is now acting as a strong support. More importantly, there is a connecting bullish trend line forming with support near $0.2405 on the hourly chart of the XRP/USD pair. Ripple Price On the upside, the price is facing a small hurdle near the $0.2450 and $0.2460 levels. The first main hurdle is near the $0.2500 level, above which the price might continue to rise towards the $0.2650 and $0.2720 levels. The main target for the bulls in the coming days could be $0.3000. Chances Of A Downside Correction The previous resistance for ripple near $0.2400 is likely to act as a support. If there is a downside break below $0.2400 and the trend line, the price might extend its decline. The next support is near the $0.2380 level. It coincides with the 50% Fib retracement level of the recent upward move from the $0.2293 low to $0.2464 high. The key support is near the $0.2320 level, below which the price might struggle to remain in a positive zone in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 50 level, with positive signs. Major Support Levels – $0.2400, $0.2380 and $0.2320. Major Resistance Levels – $0.2450, $0.2500 and $0.2550. The post appeared first on NewsBTC.

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Ripple (XRP) на Currencies.ru

$ 0.5187 (-0.12%)
Объем 24H $1.114b
Изменеия 24h: 2.92 %, 7d: -0.17 %
Cегодня L: $0.5186 - H: $0.5193
Капитализация $28.714b Rank 7
Цена в час новости $ 0.2687 (93.04%)

ripple price uptrend above xrp dollar remains

Источник: newsbtc.com

ripple price → Результатов: 126


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Ripple (XRP) price prediction for April

Ripple (XRP) price is trading comfortably above the $0.50 mark as bulls look to consolidate before pushing towards the next resistance line at $0.65. Fundamental analysis: Ripple buys a 40% stake in an Asian cross-border payments provider Tranglo Ripple has bought a large stake in Tranglo, a cross-border payments provider in a bid to satisfy […] The post Ripple (XRP) price prediction for April appeared first on Invezz.

2021-3-31 11:47


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Ripple (XRP) price is breaking out. Here are levels to watch

Ripple (XRP) price is trading over 12% higher this week despite a correction in Bitcoin. As a result, the price action has broken out of the consolidation range. Fundamental analysis: Judge drops a “bombshell”, says XRP has currency value and utility In the latest court session between the SEC and Ripple, Attorney Jeremy Hogan said […] The post Ripple (XRP) price is breaking out.

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