Tag Archives: XRP Analysis

BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...

XRP fell by a total of 4% today as the coin drops back beneath $0.3 to reach $0.293.At the start of this week, XRP attempted to push higher as it spiked to $0.331.Against Bitcoin, XRP returned to the 200-days EMA at 2470 SAT today.XRP/USD: XRP Breaks Beneath $0.30 Once AgainKey Support Levels: $0.286, $0.264, $0.25.Key Resistance Levels: $0.3, $0.313, $0.321.XRP managed to push above $0.3 on Monday as the coin penetrated a short-term falling price channel. The cryptocurrency reached as high...

XRP saw a 6% price increase today as the buyers manage to rise above $0.31Last week, the coin found strong support at $0.28, which allowed it to push higher and reclaim $0.3 over the weekend.Against Bitcoin, XRP bounced from 2435 SAT last week to reach the current 2555 SAT level.XRP/USD: XRP Bulls Break Bullish Flag PatternKey Support Levels: $0.3, $0.28, $0.264.Key Resistance Levels: $0.313, $0.321, $0.341.Last week XRP fell from a resistance level above $0.30 and found support at $0.28. The...

Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....

XRP dropped by a small 1% today as the bulls defend $0.28.The coin found resistance at $0.313 earlier in the month and has been falling ever since.Against Bitcoin, XRP dropped beneath the 200-days EMA today as it falls to 2400 SAT.XRP/USD: XRP Bulls Defending $0.28 LevelKey Support Levels: $0.28, $0.264, $0.245.Key Resistance Levels: $0.3, $0.313, $0.321.So far, XRP dropped by a total of 14% since hitting a peak of $0.329 earlier in August. More specifically, the coin was never able to close...

XRP saw a small 2% price rise today as it reached $0.295.The coin dropped by a total of 3.4% over the past week after it reached the $0.313 level.Against Bitcoin, XRP found support today at 2435 SAT (200-days EMA and .382 Fib Retracement).XRP/USD: XRP Bulls Find Support At .236 Fib RetracementKey Support Levels: $0.286, $0.264, $0.245.Key Resistance Levels: $0.3, $0.313, $0.321.At the start of August, XRP surged into the resistance at $0.321 provided by the bearish .886 Fib Retracement. More...

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...

XRP saw a strong 23.5% increase this week as it climbed as high as $0.321.The coin has dropped slightly as it trades at $0.30.Against Bitcoin, XRP reached as high as 2800 SAT before falling into the 2555 SAT support.XRP/USD: XRP Bulls Find Resistance at Bearish .886 Fib RetracementKey Support Levels: $0.3, $0.291, $0.28.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw a massive push this week as it surged above $0.3 to reach as high as $0.321 (bearish .886 Fib Retracement). More...

XRP saw a strong 40% price explosion this week as it reached the $0.3 level.Despite Bitcoin’s recent price drop this weekend, XRP remained above $0.3.Against Bitcoin, XRP created a fresh 3-month high as it hit 2720 SAT.XRP/USD: XRP Bulls Remain Strong After Crypto Market DropKey Support Levels: $0.291, $0.28, $0.268.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw an extraordinary month since breaking above the 200-days EMA at $0.21 toward the end of July. After overcoming this level, it...

XRP saw a strong 9.5% surge today as it reached as high as $0.27.This price increase caused XRP to create a fresh 5-month high.Against Bitcoin, XRP is recovering as it finally managed to break above the 100-days EMA at 2200 SAT.XRP/USD: XRP Bulls Reach Fresh 5-Month HighsKey Support Levels: $0.255, $0.245, $0.234.Key Resistance Levels: $0.27, $0.282, $0.29.XRP managed to surge by 30% this week. The coin had started the week by trading beneath the 200-days EMA at $0.21. From there, it broke...