Tag: xrp price analysis

Sep 30 2022

XRP Price Riding A Bullish Pattern; Buy Now?

Sep 30 2022 Published at Coingape under tags  price analysis xrp xrp price analysis

On September 20th, a bullish breakout from the $0.385 resistance released the XRP price from a three-month-old consolidation. Thus, with the range breakout and improving market sentiment regarding XRPvsSEC case, the altcoin pumped 43.% high to reach a peak of $0.5523. However, Amid some sharp sell-off in the crypto market,... Read more

Sep 28 2022

These Support levels Could Resume XRP Price Recovery

Sep 28 2022 Published at Coingape under tags  price analysis xrp xrp price analysis

The XRP price showed a phenomenal rally in September's third week as the market participants were quite optimistic about the legal case between the XRP and SEC. As a result, the coin price surged to a four-month high of $0.5523. However, amid the recent sell-off in the crypto market due... Read more

Sep 23 2022

What Does XRP Price Analysis Say After The Exceptional Rally?

Sep 23 2022 Published at Coingape under tags  price analysis xrp xrp price analysis

While the crypto market is still under bearish reign, the XRP price skyrocketed on September 22nd as the long-coming XRPvsSEC is nearing its end and the XRP side seems more optimistic. Thus, the trader's confidence is turning to this altcoin, and the discount price attracts more buyers. However, the XRP... Read more

XRP Price Shoots 30% Crossing Major Resistance, Will Ripple Win the SEC Case?

Sep 23 2022 Published at Coingape under tags  altcoin news news ripple sec xrp

Ripple's native cryptocurrency XRP is on a roll over the last week defying the broader market momentum and making big gains. As of press time, XRP is trading 30% in the last 24 hours breaking past the crucial resistance of $0.50. With this, XRP has also extended its weekly gains... Read more

Sep 22 2022

Whales Shift Focus from Ether (ETH) to XRP In Last Week, Here’s Why

Sep 22 2022 Published at Coingape under tags  altcoin news eth ether news ripple's xrp

Crypto whales have shown a major transition in their behavior over the last week. After backing the world's second-largest crypto Ethereum (ETH) ahead of the Merge, they are now focusing on Ripple's XRP. Post the Merge event last week, The ETH price has come under severe correction losing more than... Read more

Sep 21 2022

Bullish Pattern Emerged In XRP Weekly Price Chart; Should You Buy?

Over the past three months, the weekly technical chart shows two swing lows bounced back from the $0.315 support. In addition, the W-shaped formation in the chart reveals the shape of a double bottom pattern. This bullish reversal pattern is pretty standard at the market bottom, bolstering a significant recovery... Read more

Sep 17 2022

Bearish Pattern Threatens XRP Price For Longer Correction, But Will it?

Sep 17 2022 Published at Coingape under tags  price analysis xrp xrp price analysis

The XRP/USDT pair has been wavering in a sideways rally for the past four months. However, following the April-May bloodbath, this consolidation represents an inverted pennant pattern. As per the technical setup, this pattern offers a small break or rest period for XRP sellers before resuming the price correction. Key... Read more

Aug 26 2022

Here’s How Ongoing Sell-off Position XRP Price To Drop Below $0.33

Aug 26 2022 Published at Coingape under tags  price analysis xrp xrp price analysis

The XRP/USDT pair rallied for the past two months under the influence of a rising parallel channel pattern. This pattern pushed the coin price to a record high of $0.4079; however, the technical chart shows the price has maintained a local top at $0.387. Amidst the recent sell-off in the crypto market and the Fed The post Here's How Ongoing Sell-off Position XRP...

Aug 16 2022

XRP Price Analysis: Investors Need $0.38 Breakout to End Price Consolidation

Aug 16 2022 Published at Coingape under tags  price analysis xrp xrp price analysis

The Ripple (XRP) price trapped within the $0.388 and $0.318 barriers indicates a narrow range. However, as a support trendline of ascending triangle pattern squeezing this price spread thinner, the altcoin soon provided a decisive breakout. Completing this pattern will bring a direction move for XRP/USDT pair. Key points: The XRP price needs ascending triangle The post XRP Price Analysis: Investors Need $0.38...

Aug 04 2022

Ripple Price Analysis: XRP Retest Crucial Support Near $0.36; Time To Enter?

Aug 04 2022 Published at Coingape under tags  price analysis xrp price analysis

XRP price analysis shows sideways movement with no clear directional bias. The price moves lower for the five consecutive sessions....

Aug 01 2022

After A Strong July, Here’s What August Has In Store for Bitcoin and Crypto

Bitcoin and the cryptocurrency market bounced back strongly last month in July after a severe correction during the second quarter. Trading currently at $23,300 levels, Bitcoin registered close to 20% gains last...

Jul 27 2022

Ripple Price Analysis: XRP Aims For 20% Gains Above This Bullish Formation

Jul 27 2022 Published at Coingape under tags  price analysis xrp price analysis

The Ripple (XRP) price prints modest gains on Wednesday. However, it lacks buying strength as the price moves with very limited price action. Currently, the XRP/USD is trading at $0.33, up 0.41% in the past 24-hour. The trading volume fell 16% to $990,174,543. XRP price is making efforts to hold onto gains following a consolidation...

Jul 21 2022

Ripple Price Analysis: Is Upside Rally Over As Bears In Control?

Jul 21 2022 Published at Coingape under tags  price analysis xrp price analysis

Ripple's (XRP) price fell below the critical 50-day EMA (Exponential Moving Average) at $0.36. This makes bears cheerful. Last time, the crossover happened in April, which resulted in a depreciation of 60% in the asset. Again, the current price action suggests that bears are fighting back. XRP price extended the losses for the third straight...

Jul 19 2022

XRP Price Analysis: Short-Term Consolidation Shouts For $0.38 Next?

Jul 19 2022 Published at Coingape under tags  price analysis xrp price analysis

Ripple's (XRP) price offers a fresh bid near $0.36 extending the previous session’s gains. A broader optimism in the crypto space supported the gains in the asset. However, further confirmation is needed to make fresh long bets. XRP price surged more than 15% in the past five sessions. The bulls managed to defend the $0.35...

Jul 13 2022

XRP Price Analysis: XRP may Drop 12% Before the Next Jump; Here’s why?

The Ripple (XRP) price action follows a falling parallel channel pattern in the daily time frame, whereas in the short time frame, it responds to a descending triangle pattern. However, this triangle pattern should bolster the bear cycle within the channel pattern and lead the altcoin to support trendline. Key points: XRP price depreciated 9.4%...

Jun 24 2022

XRP Price Analysis: Trendline Reversal Could Dump XRP Back to $0.3

Multiple retests to the descending trendline indicate the Ripple (XRP) traders are actively selling at this resistance. Furthermore, the recent bullish reversal from the $0.3 support drives the altcoin to shared resistance of the downsloping trendline and the $0.375 mark. However, the higher price rejection attached to today's daily candle suggests the continuation of the...

Jun 17 2022

XRP Price Analysis: Retest Reversal Hints 18% Drop In Ripple Price

Jun 17 2022 Published at Coingape under tags  price analysis ripple xrp price analysis

The Ripple(XRP) price breached the May low support of $0.34, indicating the sellers are ready for another leg down. With the 20-day EMA providing a constant resistance, the altcoin is threatened to slump 20% down to $0.25 psychological support. Key points: XRP price hints at a fall below $0.30 to reach $0.25 The DMI indicator...

Jun 12 2022

XRP Could be Worth About $400 by 2026 – Crypto Analyst

Key takeaways: Crypto analyst MagicPoopCannon has forecasted a $400 value of XRP by 2026. Short term, he anticipates XRP to fall to the $0.13 to $0.09 range. An analysis by the team at Finder.com sees XRP at a value of $4.98 by 2030. Popular Bitcoin and crypto analyst, MagicPoopCannon, has provided a $400 forecast of XRP by 2026. However, in the short term,...

May 26 2022

XRP Whales on Accumulation Spree, Ripple Keen to Explore IPO After SEC Battle

May 26 2022 Published at Coingape under tags  altcoin news news xrp price analysis

Amid the recent market downturn, Ripple whales have turned quite active in the market once again. As per on-chain data provider Santiment, Ripple whales holding between 1M-10M XRP have been on an accumulation spree. The data...

May 17 2022

Ripple Price Analysis: XRP Price Remains Pressured Below $0.45

May 17 2022 Published at Coingape under tags  price analysis xrp price analysis

XRP price consolidates for the past few sessions after recovering 30% of losses witnessed in the previous week. To maintain the current momentum the bulls must stay above the vital support level and maintain momentum to discard further losses. XRP price started the session on a higher note but holds the gains as lacking strong...

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