Tag Archives: Ripple (XRP) Price

Ripple’s price has rallied violently over the past few days, breaking multiple significant resistance levels against both USDT and BTC. However, the price is currently struggling at a key level. Technical Analysis By: Edris XRP/USDT Daily Chart: XRP’s price has risen rapidly since breaking the $0.43 level to the upside and retesting it. Ripple is currently trading at around $0.54 per coin and has finally reached the key $0.55 resistance area. However, the price is seemingly...

Ripple’s price has broken above a critical resistance level on the XRP/USD paired chart, which could initiate a rally in the coming days. Yet, it could still be too early to state that the bear market is over. Technical Analysis By: Edris XRP/USD Daily Chart On the USDT paired chart, the price has broken above the 50-day and 200-day moving average lines, along with the critical $0.43 resistance level. The breakout comes after months of consolidation. However, the price is now...

Bitcoin’s price has been trending upward lately, while Ripple has remained relatively stable, staying around the same level without much movement. However, XRP is currently showing signs of strength as it has surpassed a significant resistance level. Technical Analysis By Shayan This week, the cryptocurrency market experienced a bullish trend, with assets such as Bitcoin and Ethereum witnessing a significant price increase. However, Ripple was an exception as it continued...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key resistance at $1,660, which has now turned into support. With the uptrend in full swing, this cryptocurrency can reach $2,000, which is a key...

Although Bitcoin has experienced a significant surge in the last few days, Ripple’s price action has been more stagnant, with no specific direction and limited volatility. However, the cryptocurrency is currently in a tight range and will likely exit soon, possibly leading to an impulsive move. Technical Analysis By Shayan The Daily Chart The cryptocurrency market experienced a bullish trend this week, with many assets, including Bitcoin and Ethereum, seeing a surge in price....

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polygon. Ethereum (ETH) The overall market has turned red, and ETH’s price has lost 15% in the past week. With support broken to the downside, Ethereum is struggling to find its footing and could go to $1,300, where the next key support is found. The news that Ethereum could be considered a security is another blow that may intensify the current bearish momentum. As the pressure is building up,...

Following an extended period of uncertainty and consolidation, XRP has approached the narrow range of its multi-month triangle. The mid-term outlook of XRP will be determined by a breakout from this triangle, while the current price action suggests a bearish trend. Technical Analysis By Shayan The Daily Chart On the daily timeframe, XRP has been forming a symmetrical triangle pattern and has now reached the narrow range of the triangle. However, the cryptocurrency was...

Ripple’s price has been declining over the last few weeks, with two significant moving average lines broken to the downside. The price could drop deeper in the coming days, as things are not looking good from a technical analysis aspect. Technical Analysis By: Edris XRP/USDT Daily Chart Looking at the USDT chart, the price has been rejected from the significant $0.43 area and has broken both the 50-day and 200-day moving average lines to the downside, which are both located...

Ripple’s price has remained dormant over the last couple of days, trading within the narrow range of $0.42 and $0.31 and struggling to break out. A slight decline towards the lower end of the range seems likely, given that the cryptocurrency was recently rejected at a crucial resistance level. Technical Analysis By Shayan The Daily Chart Ripple’s price has shown signs of weakness, printing small candles with no specific direction. Most recently, the price attempted to claim...

Ripple’s price has been consolidating in a tight range against the USD. However, against BTC, it has yet to manifest a significant move. Technical Analysis By: Edris XRP/USDT Daily Chart The price failed to break above the $0.43 resistance level and has been trapped in a tight range between the 50-day and 200-day moving average lines, located around the $0.38 and $0.4 levels, respectively. A breakout to the upside would likely lead to another test of the $0.43 level, with the...