Archive | XRP

Ripple Price Technical Analysis – XRP/USD Tumbles Further

Key Highlights Ripple price could not hold the $0.9000 support and moved below the $0.8400 level against the US dollar. There is a key bearish trend line forming with resistance at $0.8700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is trading around the $0.8400 level and is currently […]

Ripple Price Technical Analysis – XRP/USD is Facing Uphill Task

Key Highlights Ripple price declined below the $0.9500 support area yesterday against the US dollar. There are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently correcting higher, but it is likely to face a lot […]

Ripple Price Technical Analysis – XRP/USD Declines Below $1.00

Key Highlights Ripple price struggled to gain momentum above $1.15 and declined sharply against the US dollar. There is a crucial bearish trend line forming with current resistance at $1.02 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently trading well below the $1.00 support and it remains […]

Global Market Stagnant Despite Bitcoin Gains

While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin, as sentiments towards the grandfather coin continue to turn bullish. Bitcoin (BTC) has climbed close to […]

Ripple Price Technical Analysis – Can XRP/USD Break 100 SMA?

Key Highlights Ripple price is struggling to move higher and is currently trading below $1.0850 against the US dollar. There is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair has to move above $1.0700 and the 100 hourly simple […]

Ripple Price Technical Analysis – Can XRP/USD Hold $1.00?

Key Highlights Ripple price after an upside move faced a strong resistance at $1.1500 against the US dollar. There was a break below a connecting bullish trend line with support at $1.0800 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently holding the $1.00 support, but it is […]

Ripple Price Technical Analysis – XRP/USD’s Downsides Remain Supported

Key Highlights Ripple price traded as high as $1.1024 before starting a downside correction against the US dollar. Yesterday’s highlighted ascending channel with current support at $1.0080 is intact on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair may extend the current decline, but it is likely to find support […]

Ripple Price Technical Analysis – Can XRP/USD Gain Upside Momentum?

Key Highlights Ripple price is finding strong buying interest near the $0.9100 level against the US dollar. Buyers are making an attempt to push the price above a bearish trend line at $0.9550 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair could accelerate higher once there is a close […]

Ripple Price Technical Analysis – Is this Bearish Break in XRP/USD?

Key Highlights Ripple price is struggling to move above the $1.0250 level against the US dollar. There was a break below a key bullish trend line with support at $0.9830 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair could decline further towards the $0.9200 and $0.9000 support levels in […]