XRP dropped back into the $0.215 support after failing to break above $0.2345 this week.The cryptocurrency remains above the 3000 SAT level but the bears are attempting to take control.XRP has been trapped within a range between $0.215 and $0.234 throughout the entire period of December.Key Support & Resistance LevelsXRP/USDSupport: $0.2150, $0.20, $0.1850 Resistance: $0.2345, $0.2520, $0.27XRP/BTC:Support: 3000 SAT, 2900 SAT, 2855 SATResistance: 3113 SAT, 3200 SAT, 3325 SAT, 3500...
Read More »Ripple Price Analysis: After Weeks of Suffering, Can XRP Finally Rebound?
XRP suffered a rough week as its price declined by 12%. The cryptocurrency attempts to recover, and it marked an increase of 1.69% over the past 24 hours to reach the current price of $0.2220The cryptocurrency has been trapped within a wide range between 3324 SAT and 3000 SAT against BTC in November 2019.XRP may be able to go higher as the technical indicators start to flatten out in oversold conditions.Key Support & Resistance LevelsXRP/USDSupport: $0.215, $0.200, $0.185 Resistance:...
Read More »Ripple Recorded Today Its Lowest Price Since 2017: Can XRP Recover From Here? Analysis & Overview
XRP saw a steep price decline of around 5.15% over the past 24 hours and it currently trades at $0.22. During the day, the cryptocurrency dropped to as low as $0.19 creating a fresh low that hasn’t been seen for almost 2 years.Despite this, there are still some positive developments within the Ripple ecosystem. For example, Mercury FX, a global currency exchange provider, has recently announced its plans to expand the use of On-Demand Liquidity (formerly xRapid) – an XRP-based payment...
Read More »Ripple Price Analysis: XRP Crashes With Bitcoin But Will It Rebound at $0.2345?
XRP decreased by about 3.57% over the past 24 hours and it currently trades at $0.243. The cryptocurrency is down by more than 15% over the past couple of weeks as it lost the support at $0.2584.XRP remains the third-largest cryptocurrency with a market cap of $10.70 billion.Looking at the XRP/USD 1-Day Chart:Since our last analysis, XRP fell below the support at $0.2584, $0.250 to reach the current trading level of $0.244.From above: The nearest level of resistance lies at $0.2518. Above...
Read More »Ripple Price Analysis: XRP Falls Below $0.26 But A Bullish Crossover Could Suggest A Trend Reversal
XRP saw a small decline of around 1.42% over the past 24 hours and it currently trades at $0.2590. The cryptocurrency has seen a further drop of 10.63% over the past week and it fell below the support at $0.26. XRP remains the third-largest cryptocurrency with a market cap of $11.35 billion.Looking at the XRP/USD 1-Day Chart:Since our last analysis, XRP continued to go lower below the support at $0.2670 until reaching $0.2584.From above: The nearest level of resistance lies at $0.2811. Above...
Read More »Ripple Price Analysis: Bears Take Over As XRP Pulls Back To $0.26
XRP saw a small decrease of around 1% over the past 24 hours and it currently trades at $0.2677. This follows a more significant drop of 7.23% over the past week.Nevertheless, XRP remains the third-largest cryptocurrency with a market cap of $11.71 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the cryptocurrency continued to pull back, breaking below $0.28 and $0.27 to reach the current level of $0.2677.From above: The nearest level of resistance is located...
Read More »Ripple Price Analysis: XRP Fails To Close Above $0.30 But Is It Plotting a Move Against BTC?
XRP saw a small increase of around 2% over the past week and it currently trades at $0.2995. The cryptocurrency still has hard times closing above the $0.30 level as each attempt so far has failed. Despite this, XRP has still seen a 12.50% price hike over the past month.XRP remains the third-largest cryptocurrency with a market cap of $13.03 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the cryptocurrency continued to trade sideways as it remains trapped...
Read More »Crypto Community FOMOing Following XRP’s 15% Weekly Gain
While major cryptocurrencies are struggling to increase their already-low prices, XRP is very much in the green with significant gains over the past week and particularly today. Moreover, Ripple’s XRP has again become a hot topic on social media. Is this a signal of an upcoming “altcoin season”?Since the crypto market crash in late September caused by the disappointing launch of the highly anticipated Bakkt Bitcoin futures trading platform, cryptocurrencies are struggling to recover. Bitcoin...
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