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analysis, ripple, technical, usd, xrp -

Key Highlights Ripple price is under a lot of pressure as it moved below the $0.7000 support against the US dollar. This week’s highlighted monster contracting triangle pattern with support near $0.7500 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading above the $0.6000 level, but it remains at a risk of more losses. Ripple price fell sharply against the US Dollar and Bitcoin. XRP/USD could extend declines in the near term as long as it is below the $0.7000 level.     Ripple Price Resistance Buyers failed to initiate an...

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analysis, price, ripple, usd, xrp -

Key Highlights Ripple price formed a nice support around $0.7400 and moved a few points higher against the US dollar. There is a major connecting bearish trend line forming with resistance at $0.8300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break $0.8300 and $0.8400 resistance for further upsides in the near term. Ripple price is slowly gaining pace against the US Dollar and Bitcoin. XRP/USD must break the $0.8400 hurdle to set the pace for more gains.     Sponsored Ripple Price Resistance After a major decline, there was a strong buying interest...

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analysis, price, ripple, usd, xrp -

Key Highlights Ripple price failed to remain in a bullish zone and broke the $0.9450 support against the US dollar. Yesterday’s short-term connecting bullish trend line with support at $0.9400 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure and it may fall back towards the $0.8800. Ripple price declined further in the bearish zone against the US Dollar and Bitcoin. XRP/USD may accelerate declines towards or below $0.8800. Ripple Price Decline There was no recovery above $1.00 yesterday in Ripple price against the US Dollar. The price extended declines and...

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analysis, bitcoin, btc, bullish, dash, etc, eth, ethereum, ethereum classic, iota, lite, litecoin, monero, neo, rally, ripple, technical, usdt, xmr, xrp -

As the correction in the cryptocurrency segment lost momentum during the weekend, several major coins started to show signs of accumulation, and today, a broad rally carried most of the top currencies well above the correction lows. While the sector is still not out of the woods, today’s advance confirmed the positive signs that we have been monitoring throughout the pullback. For now, there are still strong resistance zones ahead of the top coins and the broad declining trend is still intact in Bitcoin, Ethereum, Ripple, and most of the smaller altcoins as well. That said, we remain bullish regarding the...

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recommendation, ripple, trading, usd, xrp -

The Ripple/Bitcoin (XRP/BTC) pair launched its bull run on December 21, 2017 when the market took out resistance at 0.00006. Its momentum was so powerful that it went as high as 0.00022888 on January 4, 2018. That’s an astronomical 281.47% growth in just two weeks. At this point, however, the market was in extreme overbought territory. Breakout players exploited the opportunity to take profits.    // -- Discuss and ask questions in our  Facebook Group As selling pressure mounted, the market buckled and went as low as 0.00008150 on January 16. With a lower high in place, the pair bounced and...

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10000, analysis, bitcoin, bullish, bullrun, crypto, cryptocurrency, dash, etc, eth, ethereum, iota, litecoin, ltc, neo, ripple, technical, top, tops, xrp -

The cryptocurrency market continued to heal considerably, as the major coins keep on successfully tackling resistance levels following a very deep sell-off that shaved off more than 60% of the market value of the segment. The sector is now back near the $500 billion mark in market capitalization, but investors shouldn’t get complacent here, as corrections will come along the rally, and the dominant downtrend is intact in most cases, with BTC being no exception. With that in mind, today might not be the best time to open new positions, even as BTC could still get to the next resistance level...

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