Tag Archives: XRP Analysis

XRP saw a nice 1% price hike today as the coin edges back toward $0.20.It has been trying to reclaim $0.2 for the past 10-days but has failed on each attempt.Against Bitcoin, XRP continues its recovery as it found strong support at 2100 SAT.XRP/USD: XRP Bulls Struggling To Reclaim $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.At the start of July 2020, XRP rebounded from the support at $0.175 (.5 Fib Retracement) as it pushed higher to reach the...

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985.The coin is currently battling to climb back above the $0.20 level.Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week.XRP/USD: XRP Bulls Defending 100-day EMAKey Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.XRP managed to reach as high as the 200-days EMA last week, as the coin hit the $0.21 level. From there, XRP started to slowly grind lower over...

XRP surged by a strong 9.5% over the past week as the coin reclaims $0.20.The cryptocurrency is facing strong resistance at the 200-day EMA at around $0.21.Against Bitcoin, XRP has started to recover as it attempts to break the 2200 SAT resistance.XRP/USD: XRP Buyers Holding Above $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.215, $0.225, $0.235.Last week, XRP bounced from the $0.175 (.5 Fib Retracement) support as it climbed above the 100-day EMA to break $0.2. It...

BitcoinBitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction.Looking ahead, if the buyers can rebound from the lower boundary of the triangle and push above the upper boundary, the first level of resistance will be located at $9,815. This is followed by additional resistance at $10,000, $10,226, and...

XRP saw a serious 8.3% increase today as it returned to the $0.2 level.The latest price rise allowed XRP to climb above the 100-day EMA as it attempts to start a recovery.Against Bitcoin, XRP finally rebounded from 1900 SAT to climb toward 2160 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.196, $0.192, $0.175.Resistance: $0.21, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2000 SAT.Resistance: 2200 SAT, 2250 SAT, 2360 SAT.XRP/USD: XRP Bulls Reclaim $0.2XRP started July off...

XRP saw a sharp 6% price rise over the past 24 hours to bring it to $0.186.Before this, XRP was trading sideways along with the support at $0.175.Against Bitcoin, XRP rebounded from 1900 SAT to reach 2000 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.195, $0.20, $0.21.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2050 SAT, 2100 SAT, 2200 SAT.XRP/USD: XRP Bulls Finally Wake UpXRP fell beneath a descending triangle pattern toward the...

BitcoinBitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover.Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March. This provided the first alert that the uptrend could be stalling. This week, BTC has found support at a shorter termed rising trend line, adding to the strength of the support at...

XRP has moved sideways over the last few days as the bulls battle to defend $0.175.A break beneath $0.175 could result in XRP unwinding toward $0.15.Against Bitcoin, XRP continues to make lower lows as the sellers flirt with breaking beneath 1900 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1900 SAT, 1890 SAT, 1873 SATResistance: 1950 SAT, 2000 SAT, 2070 SAT.XRP/USD: Bulls Continue Defence of .5 Fib...

XRP saw a sharp 6% price drop over the past week as the bulls battle to defend $0.175.A break beneath $0.175 would result in XRP unwinding toward the $0.15 level.Against Bitcoin, the disaster continues as it created fresh lows beneath 1950 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.165.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1900 SAT, 1890 SAT, 1873 SATResistance: 1950 SAT, 2000 SAT, 2070 SAT.XRP/USD: Buyers Battling To Defend .5 Fib RetracementXRP...