Tag Archives: XRP Analysis

XRP/USD – XRP Rampage Continues As Bulls Target $1Key Support Levels: $0.65, $0.6, $0.55Key Resistance Levels: $0.718, $0.75, $0.8, $0.85, $0.89.The unprecedented XRP rampage continued today with another 25.8% price surge allowing XRP to hit $0.69 at the time of writing. The cryptocurrency had actually pushed as high as $0.84 during today’s trading session but has since dropped lower.This price explosion took everybody by surprise this week when XRP started to climb above $0.3. From there,...

XRP/USD – XRP Turns Parabolic With 95% SurgeKey Support Levels: $0.5, $0.481, $0.45.Key Resistance Levels: $0.556, $0.58, $60.The growth of XRP over this past week is truly remarkable. The cryptocurrency managed to surge by over 95% when it started to climb from $0.28 to explode higher and test the 2019 highs at $0.556 today.The bulk of the price surge started on Saturday after XRP managed to break the 2019 high and push above $0.4 to reach the $0.48 level. The coin stalled on Sunday but...

XRP/USD – Bullish Explosion Leads To 17 Month HighsKey Support Levels: $0.4, $0.388, $0.378.Key Resistance Levels: $0.42, $0.44, $0.457.Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413.The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price...

BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...

XRP/USD – Buyers Struggling To Close Above $0.3 But Remain Supported At $0.272.Key Support Levels: $0.285, $0.272, $0.26.Key Resistance Levels: $0.302, $0.313, $0.321.On Tuesday, XRP surged as high as $0.321 (bearish .886 Fib Retracement). The sellers quickly pushed the market lower from here as they closed the daily candle beneath the $0.302 resistance (1.414 Fib extension).The buyers spiked back above $0.302 yesterday. However, the sellers stepped back in again to make sure the daily candle...

XRP/USD – Bullish Explosion Leads To XRP Hitting $0.3 Key Support Levels: $0.295, $0.29, $0.286.Key Resistance Levels: $0.3, $0.31, $0.321. XRP penetrated above a symmetrical triangle last week as it started to climb higher again slowly. The coin penetrated above resistance at $0.261 and pushed higher into the $0.271 level (bearish .618 Fib). The coin stalled here for a couple of days but managed to surpass it yesterday as it surged toward $0.29. Today, XRP continued higher...

XRP/USD – Bulls Finally Break October Range Key Support Levels: $0.27, $0.261, $0.251.Key Resistance Levels: $0.271, $0.28, $0.286. XRP surged by 6.8% over the past three days, which allowed the coin to break above the upper boundary of a 2-month-old range at $0.261. This resistance was provided by a bearish .5 Fib Retracement and prevented XRP from pushing higher during both September and October. After breaking $0.261, XRP continued higher to reach the $0.271 (bearish .618...

Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over and drop into the $14,850 support last Saturday. Bitcoin managed to rebound higher from there as it started to climb on Sunday. The coin did not return to $16,000 until Wednesday,...

XRP/USD – Coin Still Trapped In Consolidation Key Support Levels: $0.25, $0.245, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. XRP might be above the 100-days EMA this week, but it is still struggling to break the resistance at $0.261 (bearish .5 Fib Retracement). The coin has struggled to break this level since October and must push above to start the beginning of a bullish run higher. Additionally, the coin is also trapped within a symmetrical triangle pattern and is...

XRP/USD – Bulls Failing to break $0.261 Resistance Key Support Levels: $0.25, $0.245, $235, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. Last Thursday, XRP managed to rebound from the support at a rising trend line as it pushed higher. On Friday, it penetrated above the resistance at the 100-days EMA to reach as high as $0.26 – where lies the resistance at a falling trend line. It failed to penetrate above this line over the weekend and it headed lower. It spiked as...