Tag Archives: XRP Analysis

BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...

XRP continues to trade sideways with a small 0.6% price drop this week.Ripple has been trapped within a descending triangle for the last five weeks.Against Bitcoin, XRP struggles to hold the 2070 SAT support as the sellers start to push to fresh multi-year lows.Key Support & Resistance LevelsXRP/USD:Support: $0.2, $0.192, $0.18.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support:  2050 SAT, 2020, 2200 SAT.Resistance: 2100 SAT, 2200 SAT, 2300 SAT.XRP/USD – XRP Trading Continues Within...

XRP saw a tiny 0.6% price increase today as it continues to trade within the descending triangle pattern.The cryptocurrency has been trapped within the triangle for the past five weeks of trading.Against Bitcoin, XRP continues to struggle as it trades at the 2-year low level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Trades...

BitcoinBitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high.Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week to land at the $9,426 support. It has since bounced higher as it trades at $9,668.Looking ahead, if the buyers continue, the first level of resistance to overcome lies at $9,815. This is...

XRP saw a sharp 4.7% price drop today as it trades at $0.204.The coin has been trapped within a descending triangle pattern for the past month with a support floor at $0.192.Against Bitcoin, XRP continues to trade at the 2-year lows as the buyers battle to defend it from slipping further.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD – XRP...

XRP climbed by 3.5% today as it managed to reclaim the $0.2 level.The cryptocurrency is trading at the 100-days EMA resistance and remains within the descending triangle.Against Bitcoin, XRP is trading near 2-year-lows, but the buyers are attempting to push higher.Key Support & Resistance LevelsXRP/USD:Support: $0.2, $0.192, $0.18.Resistance:$0.215, $0.225, $0.235.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2250 SAT, 2300 SAT.XRP/USD – XRP Approaching Triangle...

BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...

XRP dropped by a small 1% today as the coin continues to struggle to find ground above $0.2.The cryptocurrency continues to consolidate in the descending triangle formation as it approaches the apex.Against Bitcoin, XRP dropped by a nasty 3% today, which could be a sign that XRP/USD might fall out of the triangle soon.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2070 SAT, 2050 SAT, 2022 SAT.Resistance: 2100 SAT,...

XRP dropped by a small 1.5% over the past 24 hours as it falls back into the $0.192 support.The cryptocurrency has now formed a very acute descending triangle formation.Against Bitcoin, the XRP recovery continues but is finding some resistance at the 2200 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2150 SAT, 2100 SAT, 2070 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD – XRP Forms Acute...

XRP saw a 1.5% price drop over the past week as the bulls failed to defend the $0.2 level, and failed to close above over the past three consecutive daily candlesAgainst Bitcoin, XRP continues its recovery attempt from the 2-year lows as it edges toward the 2200 SAT levelKey Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Losing The $0.2...