Tag: ripple technical analysis

Mar 02 2021

Ripple Price Forecast: XRP draws closer to a 30% downswing amid deteriorating technicals

Ripple rejected at $0.45, abandoning a potential triangle breakout to $0.575. A breakdown to $0.3 is anticipated, especially if the triangle pattern's lower trendline is shattered. Ripple's uptrend was recently cut short under $0.45. Before the recovery, the cross-border cryptocurrency has established support at $0.4. A correction has come into play, forcing XRP to abandon The post Ripple Price Forecast: XRP draws closer...

Feb 15 2021

Feb 12 2021

Ripple Price Prediction: XRP poised for a massive move as $0.75 beckons

Ripple confirms the uptrend after closing the day above $0.5. XRP may flip massively bullish if the 61.8% Fibonacci resistance is broken. A correction will come into the picture if XRP loses the support at $0.5. Ripple price continues to use the recent support at $0.35 as the springboard back to $0.75 (new yearly high). The post Ripple Price Prediction: XRP poised for...

Feb 05 2021

Ripple Price Analysis: XRP must flip this crucial resistance for a massive move toward $1

Ripple breaks out of consolidation after bouncing off support at $0.35. XRP is dealing with the resistance at $0.45 amid the fight for gains eyeing $0.55 and $1. Ripple has been keen on recovering from the dive earlier this week. Support at $0.35 played an important role in ensuring that further losses were stopped. The The post Ripple Price Analysis: XRP must flip...

Feb 03 2021

Feb 02 2021

Ripple price rejected at $0.75, can this crucial support hold?

Ripple's massive breakout hit a critical barrier at $0.75, capitulating short- term holders. Ripple must hold the 50 SMA or $0.34 key levels to avert potential losses toward $0.3. Closing the day above $0.4 could see XRP jump toward $1 as investors’ stream back to the market. XRP flew the bullish flag above the cryptocurrency horizon The post Ripple price rejected at $0.75, can...

Jan 28 2021

Ripple price prepares for a 62% move in the wake of another class-action case

Ripple is set to fight another class-action lawsuit filed by a Florida resident for losing nearly half of investment in XRP. XRP is on verge of a breakout to $0.45 if the impact of a symmetrical triangle comes to fruition. A resident of Florida has opened a class action case against Ripple Labs Inc. for The post Ripple price prepares for a 62%...

Jan 22 2021

Ripple price prepares for a 47% explosion following rebound from $0.25

Ripple reclaims two key support levels at $0.25 and $0.27. XRP/USD is awaiting a massive liftoff on breaking above symmetrical triangle resistance. Ripple fell victim to the selling pressure in the cryptocurrency market on Thursday. Like Bitcoin and Ethereum, XRP lost a significant amount of the gains accrued over the last couple of weeks. Moreover, The post Ripple price prepares for a 47%...

Jan 20 2021

Ripple Price Uptrend In Jeopardy If It Slices Under This Crucial Resistance

Ripple has officially been delisted from Coinbase, thus reducing the buying pressure behind the token. XRP risks freefall to $0.25 if support at the 50 SMA and the 100 SMA fails to hold. Ripple’s potential uptrend to $0.4 a recently discussed, was sabotaged after Coinbase, one of the leading cryptocurrency exchanges, officially delisted it from The post Ripple Price Uptrend In Jeopardy If...

Jan 19 2021

Ripple price long-term picture screams buy despite SEC woes and uncertainty

Ripple gets ready for a huge liftoff despite the uncertainty posed by the SEC lawsuit. XRP is about to break a symmetrical triangle resistance, likely to give way for gains toward $0.48. Ripple is still trading under $0.3 despite the massive bullish signals as covered on Monday. Whales are currently streaming into the project mainly due to the prevailing...

Jan 08 2021

Ripple price recovery hits a massive barrier at $0.4 as technicals quickly turn bearish

Ripple recovered towards $0.4 but has been rejected due to the formation of a double-top pattern. The cross-border transfer token is banking on support at $0.30 to secure the uptrend and avoid a price dip to $0.25. Ripple is attempting to redeem itself after the multiple lawsuits it was forced to endure towards the end The post Ripple price recovery hits a massive...

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 24 2020

Ripple bulls outperform themselves in the rally past $0.6, is a pullback nigh?

Ripple retreated after trading new yearly highs at $0.63 but is currently fighting to make a comeback above $0.6. XRP/USD is in bullish hands as reinforced by the golden cross pattern on the daily chart. Ripple is leaving only dust behind as the Launchpad rockets it to higher levels not seen since September 2018. The The post Ripple bulls outperform themselves in the...

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...

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