Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has depreciated further and it is now trading at $0.18 at the time of writing. The price was previous fluctuating between the levels of $20 and $0.23. It was assumed in the previous analysis that if the bears […]
For many years now, Bitcoin’s price is known majorly for driving the entire cryptocurrency market due to its larger share of the market volume. Currently, the entire cryptocurrency market cap is estimated at $191.4 billion with BTC dominance of $66.9%. With such a volume percentage, Bitcoin has high potency to cause a lot of pressure […]
Since our previous crypto trading signals, Ripple’s XRP price continues to revolve around the $0.23 owing to a low amount of volumes in the market. The 4 days price increase was counter by a selling pressure which is currently dominant. XRP may resume the positive move if the market can locate near support. Otherwise, the […]
XRP has witnessed about -30% losses over the past weeks of trading. In fact, the bearish scenario could even become uglier if the supply remains heavy. At the moment, Ripple’s XRP trades at $0.212 after seeing an overnight loss of -2.66%. We can expect more bearish pressure if the sellers remain in the market. Ripple […]
Key Resistance levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish For the past 5 days, XRP is making a slow but steady upward move. On the first day, the price rose from $0.20 to $0.22 but the coin pulled back to $0.21. Today, the price has jumped above the […]
Ripple (XRP) is slowly recovering from a six-month low of $0.20 over the last three days of trading. Currently, the market is correcting gain of about +2.63. Though the long-term bearish bias remains dominant as there’s hope for reversal if the bulls can reclaim the $0.30 resistance. Nonetheless, the weak buying pressure is still […]
Key Resistance levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Expectedly, XRP has traded to the bottom of the chart. In the previous analysis, we have indicated that the price will reach a low of $0.24. At that support, the bearish pressure may continue to the low of $0.22. […]
Key Resistance levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish On November 6, the bulls made a positive move but were resisted at the $0.31 price level. This singular resistance has thrown XRP into another downward move. In recent times, the coin has been making frantic effort to break […]
XRP’s daily transaction has just taken a new leap. The cryptocurrency now has about 1.7 million daily transactions, which has been recorded as an all-time high. In a report by cryptocurrency data tracker, BitInfoCharts, a little above 50% of all cryptocurrency transactions in the past few days were XRP transactions. Ether (ETH) and Bitcoin (BTC) […]
