I-Ripple (XRP) ifikelela kwi-0.12 ye-Oversold kwiNgingqi njengoko abaThengi bevela

UAzeez Mustapha

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Imirhumo yenyanga iqala kwi-£58.

Amanqanaba okuGxila aphambili: $ 0.30, i-$ 0.40, i-$ 0.45
Amanqanaba enkxaso aphambili: $ 0.25, i-$ 0.20, i-$ 0.15

I-XRP / i-USD yexesha elide: Ukuthwala
Ripple is presently fluctuating between $0.12 and $0.17. The market appears to have reached bearish exhaustion as the coin reached the oversold region of the market. At a low of $0.12, XRP was oversold. Consequently, the bulls emerge to push XRP upward.

The coin rises to a high of $0.15 and resumes consolidation. On the downside, as the price fell to a low of $0.12 and became oversold, a further downward move is doubtful. On the upside, if the bulls break the $0. 17 overhead resistances, XRP will resume an upward move. Meanwhile, the sideways trend may persist if the $0.17 resistance is unbroken.

I-XRP / i-USD - Itshati yemihla ngemihla

Ukutsalwa kwezalathi zemihla ngemihla:
Ripple is trading above 40% range of the daily stochastic. It indicates that Ripple is in bullish momentum but the current upward move is weak. This is in view of the currently prevailing bear market. The moving averages are pointing southward.

I-XRP / USD yeXesha eliPhakathi leTrend: Ukutshintsha
On the 4-hour chart, Ripple is in a sideways trend as the market fluctuates between $0.12 and $0.17. Ripple was earlier oversold as the market reached bearish exhaustion. Selling pressure is unlikely as the bulls emerge at the oversold.

I-XRP / USD-4 Itshathi yeYure

Isalathisi seeyure ezingama-4 Ukufunda
Ripple is now in a horizontal channel as the price fluctuates between $0.12 and $0.17. Meanwhile, Ripple is rising as it reaches level 59 of the Relative Strength index. Ripple is above the centerline 50 indicating that it is in the Uptrend zone. Nevertheless, the 21-day and 50-day SMAs are sloping horizontally indicating the sideways trend.

Imbonakalo Jikelele yeRipple (XRP)
Ripple is at the bottom of the chart but it is trading at $0.15 as at the time of writing. The pair is likely to continue its consolidation for a few more days. Presently, the bulls are having the upper hand as the price fluctuates upwards. It is assumed that the selling pressure has been exhausted.

Ripple (XRP) uphawu lwezoRhwebo
Instrument: XRP/USD
Umyalelo: Thenga
Ixabiso lokungena: $ 0.162
Yeka: $ 0.150
Ithagethi: $ 0.362

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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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