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Tag Archives: XRP Analysis

Crypto Price Analysis & Overview September 10th: Ethereum, Ripple, Cardano, Solana, & Matic

Ethereum Ethereum dropped a sharp 10% this week as the cryptocurrency currently sits at around $3400. The cryptocurrency surged to $3975 last Friday, where it met the resistance at a 1.272 Fib Extension level. It was unable to overcome it over the weekend and eventually collapsed from there on Tuesday during the market wipeout. ETH dropped as low as $3000 during the sell-off but eventually recovered by the end of the day to close the daily candle at $3428 (.382 Fib). It held...

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Ripple Price Analysis: XRP Dipped Below $1, Bulls Looking to Consolidate

XRP/USD – XRP Spikes As Low As $0.928 Key Support Levels: $1.05, $1.00, $0.92 – $0.9.Key Resistance Levels: $1.20, $1.25, $1.36. XRP was trading inside an ascending price channel since breaking the symmetrical triangle pattern at the end of July. The price channel allowed XRP to break the August high at $1.36 this week and reach $1.40. Unfortunately, the steep market sell-off yesterday caused XRP to fall beneath the ascending price channel. XRP collapsed by a total of 33%...

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Ripple Price Analysis: XRP Pokes $1.40 As Bulls Manage a 6% Daily Increase

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...

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Crypto Price Analysis & Overview September 3rd: Ethereum, Ripple, Cardano, Solana, & Polkadot

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,...

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Ripple Price Analysis: XRP Loses 9% in a Week But a Big Move Could be 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...

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Price Analysis Overview August 27: Bitcoin, Ethereum, Ripple, Cardano & Solana

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...

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Ripple Price Analysis: XRP Breaking Down Critical Support, Is $1 Retest Incoming?

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...

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Crypto Price Analysis & Overview August 20th: Ethereum, Ripple, Cardano, Polkadot, & Solana

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...

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Ripple Price Analysis: Is XRP Ready to Bounce From the Current Support Around $1.10?

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...

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Ripple Price Analysis: Following a 60% Weekly Surge, What’s Next for XRP?

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...

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