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Tag Archives: Ripple (XRP) Price

Ripple Price Analysis: After Plunging To 7-Month Low, Can XRP Regain Momentum?

Ripple is trading inside a descending channel; a bullish breakout is likely to take place only above $0.215 per XRPAgainst Bitcoin, Ripple started to regain momentum after finding support at the 2580 SAT level.XRP/USD: Ripple Is Trapped Inside The ChannelKey Resistance Levels: $0.185, $0.215Key Support Levels: $0.13, $0.11After opening the weekly candle around $0.215, Ripple saw a massive 50% price plunge following the March 12 crash that hit the cryptocurrency market, while Bitcoin crashed...

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Crypto Price Analysis & Overview March 13: Bitcoin, Ethereum, Ripple, Litecoin, and Tezos

Bitcoin (BTC)Yesterday, the price of Bitcoin crashed by over 40%, following the emerging global market crisis. Before this fatal plunge, Bitcoin showed signs of weakness consolidating around the $8000 mark for three days.Meanwhile, this whole bearish scenario started from a mid-February high of $10,500, which was later confirmed by a bearish head-and-shoulds pattern, which played out around $8500 last week.Unfortunately for Bitcoin, the price has not just dropped to a 4-month low but now...

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Ripple Price Analysis: XRP Standing At A Crucial Decision Point – Breakdown To New 2020 Lows?

XRP is attempting to recover from this weekend’s market capitulation after a price increase of approximately 7% from this week’s low.The cryptocurrency encountered resistance at $0.22 yesterday and quickly retraced back to the current price of $0.207.Against Bitcoin, XRP also recovered remarkably well as it swings back above 2650 SAT from a closing price beneath 2525 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.195, $0.19.Resistance: $0.22, $0.227, $0.235.XRP/BTC:Support:...

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Ripple Price Analysis: Will The $0.20 Crucial Support And 6-Month Low Against Bitcoin Save XRP From Further Plunge?

XRP dropped by 9.5% over the past 24-hours of trading as it falls back into the $0.20 price levels.Yesterday, the cryptocurrency broke down an ascending supporting trend line and completed an 18% drop since then.Against Bitcoin, XRP dropped toward 2400 SAT to create a fresh 6-month low but has since recovered back above 2600 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.195, $0.19.Resistance: $0.22, $0.227, $0.235.XRP/BTC:Support: 2600 SAT, 2550 SAT, 2455 SAT.Resistance:...

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Ripple Price Analysis: Will The Sideways Action End In a Violent XRP Weekend Move?

XRP concludes the week with a minor 2.3% price increase, while Bitcoin increased 5% and Ethereum 7.7%.The cryptocurrency has failed to break above the current range as it faces resistance at $0.245Against Bitcoin, XRP continues to trade sideways between 2710 SAT and 2640 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.235, $0.227, $0.22.Resistance: $0.245, $0.25, $0.26.XRP/BTC:Support: 2640 SAT, 2595 SAT, 2550 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD – Ripple Fails To...

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Crypto Price Analysis & Overview March 6: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink.

Bitcoin (BTC)Bitcoin price managed to increase by a total of 5.58% over the past 7-days of trading after rebounding from the support at $8,550 provided by the downside 1.618 Fibonacci Extension level. After bouncing, the cryptocurrency managed to travel higher as it broke the $9,000 level in yesterday’s session to reach $9,150 today.From above, the first level of resistance lies at $9,200 (bearish .382 Fib Retracement). This is followed by resistance at $9,400, $9,450 (bearish .5 Fib...

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Ripple Price Analysis: Past Week’s Sideways Action Might End-up In A Huge XRP Move Soon

XRP continues to maintain the $0.227 support as it recently made attempts to break $0.24.The cryptocurrency has lost a total of 15% over the past two weeks of trading but is doing well to remain above the $0.227 support.Against Bitcoin, XRP is struggling to break resistance at 2700 SATs.Key Support & Resistance LevelsXRP/USD:Support: $0.227, $0.22, $0.217.Resistance: $0.245, $0.25, $0.26.XRP/BTC:Support: 2640 SAT, 2600 SAT, 2550 SAT.Resistance: 2700 – 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD...

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Ripple Price Analysis: XRP Holds $0.227 Support As Bearis Momentum Against Bitcoin Fades

XRP has found some solid support at $0.227 which is preventing an extended bearish trend from formingThe cryptocurrency lost a total of 16% over the past 7-days before reaching the aforementioned supportAgainst Bitcoin, XRP is holding strong as it remains above the 2600 SAT levelKey Support & Resistance LevelsXRP/USD:Support: $0.227, $0.22, $0.21.Resistance: $0.235, $0.245, $0.25.XRP/BTC:Support: 2640 SAT, 2600 SAT, 2550 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD: Ripple Finds...

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Crypto Price Analysis & Overview February 28th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Chainlink

Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly on the bearish side, and we should continue to expect further declines this week within the market. Once the rising trend line is broken, support is found at the downside...

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Ripple Price Analysis: XRP Drops Below Crucial 200-EMA and 100-EMA, Can Bulls Regroup?

XRP dropped by a total of 3.4% over the past 24 hours of trading, bringing the price down to $0.233.The cryptocurrency penetrated beneath the 200-days EMA and continued below the 100-days EMA.XRP also fell as low as 2550 SAT against Bitcoin before rebounding higher.Key Support & Resistance LevelsXRP/USD:Support: $0.227, $0.217, $0.21.Resistance: $0.235, $0.245, $0.25.XRP/BTC:Support: 2600 SAT, 2550 SAT, 2525 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD: Ripple Breaks 200-days and...

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