Archive | Ripple Price Analysis

Ripple Price Analysis: XRP/USD Remains in Uptrend

Key Highlights Ripple price stayed above the $0.5250 support and bounced back against the US dollar. There is a crucial ascending channel forming with support at $0.5380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently in an uptrend and it is likely to accelerate gains above $0.5500… […]

Ripple Price Analysis: Can XRP/USD Hold This Support?

Key Highlights Ripple price failed to move above the $0.5620 resistance area and trimmed gains against the US dollar. There is a key connecting bullish trend line in place with support at $0.5250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to remain above the $0.5250 support area… […]

Ripple Price Analysis: XRP/USD Poised to Extend Gains

Key Highlights Ripple price formed a major low near the $0.5100 level and bounced back against the US dollar. Yesterday’s important bearish trend line was broken with resistance near $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair tested the $0.5500 resistance zone and is currently correcting lower. Ripple… […]

Ripple Price Analysis: XRP/USD Sights Downside Break

Key Highlights Ripple price declined from the $0.5600 swing high with bearish moves against the US dollar. There is a key bearish trend line in place with resistance near $0.5300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps decline further and it could break the $0.5200 support… […]

Ripple Price Analysis: Can XRP/USD Break $0.50?

Key Highlights Ripple price failed to recover and extended its decline towards the $0.50 level against the US dollar. There is a major bearish trend line forming with resistance near $0.5300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break the $0.53 resistance and move higher to avoid… […]

Ripple Price Analysis: XRP/USD Could Revisit $0.50

Key Highlights Ripple price declined sharply and broke the $0.65 and $0.62 support levels against the US dollar. There was a break below a major bullish trend line with support at $0.66 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may decline further if it fails to hold the… […]

Ripple Price Analysis: Can XRP/USD Hold Gains?

Key Highlights Ripple price failed to move above the $0.6880 resistance and declined a few points against the US dollar. Yesterday’s highlighted important ascending channel is intact with support at $0.6700 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.6700 support area to avoid any… […]

Ripple Price Analysis: XRP/USD Poised To Break $0.70

Key Highlights Ripple price made a nice upside move from the $0.6500 pivot level against the US dollar. There is a crucial ascending channel forming with support near $0.6650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely in an uptrend and it could continue to move… […]

Ripple Price Analysis: XRP/USD Resumes Uptrend

Key Highlights Ripple price recovered from the $0.6340 low and moved above the $0.6600 resistance against the US dollar. Yesterday’s highlighted key bearish trend line with resistance at $0.6550 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.6600 support with bullish… […]

Ripple Price Analysis: XRP/USD’s Downsides Remain Supported

Key Highlights Ripple price remained in the positive zone above the $0.6000 and $0.6100 support levels against the US dollar. There is a short-term connecting bullish trend line forming with support at $0.6060 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might correct a few points in the near… […]

Ripple Price Analysis: XRP/USD Approaching Key Break

Key Highlights Ripple price started a downside correction after trading above the $0.6200 level against the US dollar. There is a key contracting triangle forming with resistance at $0.6050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may soon make the next move either above $0.6100 or below $0.5800… […]

Ripple Price Analysis: XRP/USD Back Above $0.60

Key Highlights Ripple price jumped from the $0.5500 support zone and moved above $0.6000 against the US dollar. This week’s highlighted important bearish trend line with resistance at $0.6000 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.6000 level and it… […]

Expect More Ripple Partnerships Throughout 2018, Banks Want to Save 30% of Cross Border Costs: Ripple (XRP) Price Analysis (May 30, 2018)

What I like about Ripple is their drive not only for adoption by strong global banks but their pitch of regulation and initiatives to support startups through Xpring. From the chart, it seems like Ripple prices are recovering and is up four percent in the last 24 hours. In our trade plan we want to… […]

Ripple Price Analysis: XRP/USD Recoveries Could Be Capped

Key Highlights Ripple price extended its decline and traded towards the $0.5400 level against the US dollar. Yesterday’s highlighted important bearish trend line with current resistance at $0.6050 is still in place on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points in the short term,… […]

Ripple Price Analysis: XRP/USD Under Bearish Pressure

Key Highlights Ripple price failed to move above the $0.6250 resistance level and declined against the US dollar. There is a major bearish trend line formed with resistance at $0.6120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to decline further towards a major support level near… […]