Tag Archives: XRP Analysis

XRP dropped by 2% over the past 24 hours, which caused it to fall beneath $0.18 as it reached $0.177.The cryptocurrency collapsed beneath the lower boundary of a descending triangle pattern this week, which sparked a downturn.Against Bitcoin, XRP is in disaster mode as it continues to plummet further beneath the 2000 SAT support.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance:...

BitcoinBitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back into $9,190.The crucial thing about this week’s price drop is the fact that BTC looks like it broke beneath a rising trend line that has been in play since mid-March 2020. If BTC continues beneath...

XRP saw a small 1.5% price drop over the past 24 hours as it fell to $0.184.The cryptocurrency has returned to the lower boundary of a descending triangle and looks to be headed beneath.Against Bitcoin, XRP dropped beneath 2000 SAT to reach 1950 SAT and creates fresh lows for 2020.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.192, $0.20, $0.207.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2022 SAT, 2050 SAT, 2100 SAT.XRP/USD: XRP Bulls...

XRP saw a small 1.7% price increase today after bouncing from $0.184 to reach the current $0.188 level. The cryptocurrency is dangerously close to falling beneath a descending triangle formation, which would cause it to plummet. Against Bitcoin, XRP is entering the abyss after falling beneath the 2000 SAT support. Key Support & Resistance Levels XRP/USD:Support: $0.18, $0.175, $0.171.Resistance: $0.192, $0.20, $0.207.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2022 SAT,...

BitcoinBitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support.So long as BTC can continue above this rising trend line, the bullish trend would be intact.Looking ahead, if the buyers push above $9,600, the first two levels of resistance lie at $9,815 and $10,000. Above this, additional resistance is found at $10,226...

XRP saw a 2.7% price increase today as it attempts to reclaim $0.2.The cryptocurrency remains within the confines of a descending triangle formation.Against Bitcoin, XRP rebounded from the support at 2022 SAT to reach the current 2074 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.187, $0.18.Resistance: $0.20, $0.207, $0.22XRP/BTC:Support: 2022 SAT, 2000 SAT, 1950 SAT.Resistance: 2100 SAT, 2200 SAT, 2360 SAT.XRP/USD: XRP Triangle Re-EmergesXRP can still be considered...

XRP dropped by a total of 8% over the past week as the coin fell to the $0.183 level.This weekly price decrease has caused XRP to plunge beneath the descending triangle pattern that it was trading within.Against Bitcoin, XRP penetrated beneath the 2070 SAT support as the buyers battle to defend 2022 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.187, $0.192, $0.2.XRP/BTC:Support: 2022 SAT, 2000 SAT, 1950 SAT.Resistance: 2071 SAT, 2100 SAT, 2200...

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...