Tag Archives: xrpbtc

Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon. Ripple Price Analysis: Technicals By TradingRage The USDT Paired Chart Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6...

Ripple’s price has recently found itself resting on a significant support area, spanning from $0.58 to the dynamic support provided by the upper boundary of the triangle formation. This critical support zone is anticipated to hinder further downward pressure, setting the stage for a noteworthy rebound in the mid-term. By Shayan The Daily Chart Upon thorough examination of the daily chart, it’s apparent that XRP experienced a notable plunge recently, ultimately landing on a...

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum is found in a difficult position. The price fell by 7% this week, and now all the pressure is on the key support at $3,350. If this level fails, then the price might retreat below $3,000. The rally that started in October 2023 has finally found a local top at $4,000, which is a key resistance. For this reason, this correction is significant and may last for quite a...

Ripple’s price has recently entered a phase of sideways consolidation, following a significant downtrend, leaving market participants uncertain about its future trajectory. However, the cryptocurrency seems likely to remain confined within a tight range until a breakout occurs in either direction. By Shayan The Daily Chart Upon close examination of the daily chart, Ripple’s market activity has diminished, with the price undergoing sideways consolidation characterized by...

Ripple’s price has been trending lower against BTC and consolidating against USDT. While XRP has been underperforming over the last few months, investors can still be optimistic as significant support levels are available. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the XRP price has been steadily declining since failing to break through the $0.7 resistance level. However, support has been found to be around $0.6, preventing further drops. Should...

After a notable surge, Ripple’s price has successfully broken above the upper trendline of a multi-month triangle pattern, indicating a bullish signal. However, the recent retracement suggests a potential pullback to the broken level. By Shayan The Daily Chart A detailed analysis of the daily chart highlights Ripple’s surge as it surpassed a crucial resistance area represented by the dynamic upper boundary of the triangle pattern, reaching a significant resistance level at...

Ripple’s price has failed to keep its upward momentum and is currently on a decline. Still, there are several support levels that might push the price higher again. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the price has recently made a run at the $0.7 resistance level. Yet, it has been rejected decisively and is currently testing the $0.6 support level once again. In case this level fails to hold, the 200-day moving average located around the...

Ripple is considered far behind other major cryptocurrencies. While coins like BTC and ETH are rallying consistently, XRP has failed to do so. Yet, things might be about to change soon. Technical Analysis By TradingRage The USDT Paired Chart XRP has consolidated the price above the $0.6 level against USDT. It has also been retesting the 200-day moving average, around the $0.57 mark, multiple times during the last few weeks. Yet, the market is seemingly rebounding from these...

Ripple’s recent price movement has been marked by extreme volatility, particularly following a breakout above the upper trendline of a sideways triangle pattern, reaching the critical resistance level of $0.66. This indicates a significant struggle between buyers and sellers, which will greatly influence Ripple’s future trajectory. By Shayan The Daily Chart Upon examination of the daily chart, Ripple’s price surge is evident as it breached a crucial resistance area...

Ripple’s price has been consolidating against USDT while consistently dropping lower against BTC. Things might get even worse in the short term if nothing changes from a technical analysis aspect. Technical Analysis By TradingRage The USDT Paired Chart On the daily chart, the price has been testing the higher boundary of the large descending channel and the 200-day moving average around the $0.55 price mark. However, the 200-day moving average has rejected the price to the...