Tag: ripple price forecast

Jan 13 2021

XRP price prepares for a massive liftoff amid Ripple plans for major central bank adoption

Ripple is planning to roll out XRP Ledger to central banks in support of CBDCs. XRP seems ready to break out beyond $0.4 following the formation of a falling wedge pattern. XRP price has been generally been stable over the last few days despite the drop to $0.25 which occurred mainly due to Bitcoin’s fall The post XRP price prepares for a massive...

Dec 16 2020

Ripple breakdown unstoppable, as declines to $3.5 beckon profusely

Ripple’s bearish leg has become stronger after ignoring a possible double- bottom pattern reversal. XRP/USD losses could extent to $0.35 but the buyer congestion at $0.4 may absorb the selling pressure. Ripple’s breakdown has been unstoppable ever since it hit a yearly high at $0.82. Selling pressure has continued to rise, shattering key tentative support levels, The post Ripple breakdown unstoppable, as declines to...

Dec 14 2020

Ripple is the verge of tumbling from a high cliff; breakdown eyes $4

Ripple is on the verge of a breakdown to $0.4 if support at the 200 SMA on the 4-hour chart caves. XRP/USD is likely to invalidate the downtrend if it closes the day above $0.5 or the 200 SMA. Ripple is trading under intense overhead pressure, risking a massive freefall back to $0.4. Losing the The post Ripple is the verge of tumbling...

Dec 07 2020

Ripple awaits the ultimate breakout to $1 following extended consolidation

Ripple is looking forward to a breakout to $1 as long as the price closes the day above the 50 SMA. The breakout to $1 is likely to encounter delays around $0.7 to $0.75 (supply range). Ripple is still trading above $0.6 after a motionless weekend session. The cross-border cryptocurrency appears to have settled for The post Ripple awaits the ultimate breakout to...

Dec 01 2020

Ripple’s remarkable 291% rally in November in jeopardy as the chart prints this critical bearish pattern

Ripple’s recovery hits a barrier at $0.7, giving way to an ongoing retreat. XRP/USD seems poised for a massive breakdown likely to retest support at the 100 SMA. Ripple soared massively in November, becoming one of the strongest cryptocurrencies in terms of rebound. The flash rise to $0.92 brought to light the possibility of XRP The post Ripple’s remarkable 291% rally in November...

Nov 23 2020

Ripple price rejected at $0.5 after a remarkable rally, what next for XRP?

Ripple hit a barrier at $0.5 but appears to have embraced support at $0.45. XRP/USD path with the least resistance remains upward but most people wait for a confirmed spike above $0.5. The cross-border token broke out during the weekend in a series of engulfing candlesticks. In the course of the trading last week, $0.31 The post Ripple price rejected at $0.5 after...

Nov 11 2020

Ripple price could dump massively if this crucial resistance remains intact

Ripple battles the resistance at the 100-day SMA after failing to break the hurdle at $0.27. XRP/USD could resume the downtrend to $0.26 as an ascending triangle pattern comes into the picture. Ripple price appears to have stalled after taking down the resistance at $0.26. An attempt to push the cross border token to $0.30 The post Ripple price could dump massively if...

Oct 30 2020

Ripple Price Forecast: XRP Must Hold This Support To Avert Plunging To $0.2

Ripple is in grave danger of freefalling to $0.20 if the ascending channel support caves in. XRP/USD is mainly in the bears’ hands, especially with RSI moving towards the oversold area. The cross-border cryptocurrency has generally been in an upward momentum since the beginning of September despite the up and down price action within an The post Ripple Price Forecast: XRP Must Hold...

Oct 27 2020

Ripple (XRP) Price Prediction and Analysis in November 2020

Cryptocurrency investment is becoming a common trend. In the fourth quarter of the year, when investments are said to start doing well, how are cryptocurrencies going to perform? In this article, we will look at the price prediction and analysis for one of the biggest cryptocurrencies, Ripple (XRP), in November. If you have been thinking […] The post Ripple (XRP) Price...

Oct 06 2020

Ripple (XRP) Price Prediction and Analysis in October 2020

XRP is one of the top cryptocurrencies on the crypto market ranking. But it has not been doing well for some time now. Because of this, Tether (USDT) has managed to replace it as the third-largest cryptocurrency, and this may not change soon. However, the hope is not lost for XRP, as it has uses […] The post Ripple (XRP) Price Prediction and...

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