Tag Archives: Ripple (XRP) Price

XRP/USD – XRP Breaks August Highs Key Support Levels: $1.36, $1.25, $1.20.Key Resistance Levels: $1.40, $1.50, $1.54. XRP has finally broken the August high at $1.36 today after spiking as high as $1.40. The coin reached $1.36 (1.618 Fib Extension) during mid-August and started to trend lower from there inside a symmetrical triangle. The triangle was finally broken at the start of September as XRP started to surge inside an ascending price channel. XRP found support at $1.25...

Ethereum Ethereum is up by a very solid 27% over the past week of trading as the cryptocurrency makes its way back to the $4000 level. The cryptocurrency was trading inside an ascending triangle pattern since hitting resistance at $3350 (bearish .618 Fib) earlier in August. On Tuesday, ETH finally surged beyond $3350 to reach $3400. It continued higher throughout the week and continued to surge today to reach the current $3975 resistance (1.272 Fib Extension). Looking ahead,...

XRP/USD – XRP Falls Beneath 20-day MA and Forms Triangle. Key Support Levels: $1.10, $1.05, $0.92.Key Resistance Levels: $1.25, $1.28, $1.36. XRP failed to break $1.27 (bearish .618 Fib) last week on the third attempt to overcome the level. As a result, the coin started to fall throughout the week until support was found on Thursday at around $1.05, provided by the lower angle of the triangle. It rebounded from there over the weekend but could not break the upper angle of the...

Bitcoin (BTC) Bitcoin is up a small 1% this week after getting rejected trying to breach above the $50,000 mark on Monday. The current high since May now lies at $50,500. Unfortunately, BTC was unable to sustain this level and ended up closing the daily candle beneath $50K. Following the rejection, BTC headed sharply lower: Yesterday it fell back beneath $47,800, recording its weekly low amid $46.3k, however, the bitcoin price managed to close the day on top of the crucial...

XRP/USD – XRP Breaking Down the Ascending Channel. Key Support Levels: $1.10, $1.00, $0.92. Key Resistance Levels: $1.25, $1.28, $1.36. Following the market’s heavy correction, XRP dropped a sharp 8% over the past 24 hours as it fell from the Feb 2018 highs of $1.25 towards the current $1.14 level. The cryptocurrency was trading inside an ascending price channel since the start of August and struggled to break previous resistance at $1.28 (bearish .618 Fib) over the past...

Ethereum Ethereum saw a 5.4% price hike this week as the coin sits around $3200. It surged above $3200 last Friday to meet resistance near $3350, provided by a bearish .618 Fib Retracement level. Unfortunately, it could not overcome this level and ended up rolling over from there. Throughout the week, ETH headed lower as it slipped beneath $3000 until support was found on Wednesday at $2960, provided by a .236 Fib and bolstered by the 20-day MA. It has since bounced higher...

XRP/USD – XRP Holds .382 Fib Support Key Support Levels: $1.10, $1.00, $0.928.Key Resistance Levels: $1.25, $1.36, $1.40. XRP has dropped a total of 18% since reaching $1.36 (1.618 Fib Extension) over the weekend. Despite this retracement, the coin is still up 11% over the week after surging from beneath $1.00. The cryptocurrency is currently trading inside a wide ascending price channel and is currently testing the support at the lower angle. It is further bolstered by a...

XRP/USD – XRP Rolls Over From $1.36 Resistance Key Support Levels: $1.19, $1.10, $1.00.Key Resistance Levels: $1.27, $1.36, $1.49. XRP has been on an impressive run since breaking the bullish flag pattern at the start of August. By the end of last week, it had already hit the $1 level. On Friday, it surged further beyond $1 as it broke the Feb 2018 highs at $1.25 on Saturday and reached as high as $1.36 (1.618 Fib Extension) yesterday. It has since rolled over from this...

Shortly after reaching a new three-month high of over $48,000, bitcoin retraced rapidly and lost over $2,000 in hours. Most altcoins are also in the red, with the apparent exception of Ripple. XRP has surged by 60% in a week to a record of its own at $1.3. Red Among Alts, But Not XRP The alternative coins enjoyed the past several days with impressive gains. Ethereum led the charge by surging past $3,300. Thus, ETH nearly doubled its value since the July 20th dump. However,...

Bitcoin Bitcoin saw a strong 13.9% price hike this week as the cryptocurrency continues the bullish run that started in late July when it penetrated above the descending wedge consolidation pattern. Last Friday, BTC was trading beneath $42,000 but eventually surged higher above the resistance by the end of the day. By the weekend, BTC managed to hit the 200-day MA level at around $44,750. It continued to surge higher on Monday to hit $46,500. However, BTC stalled there and...