Ripple Price Analysis: XRP/USD Facing Uphill Task Near 100 SMA

Key Highlights Ripple price recovered nicely and moved above the $0.4500 and $0.4600 resistances against the US dollar. Yesterday’s highlighted key bearish trend line with resistance at $0.4660 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair will most likely face a strong selling interest near the $0.4860 and $0.4900 resistances. Ripple price managed to correct higher against the US Dollar and Bitcoin. However, XRP/USD is likely to struggle near $0.4900 and the 100 hourly SMA. Ripple Price Analysis Yesterday, we saw a…

Ripple Price Analysis: XRP/USD Nosedives, Turns Bearish Below $0.4600

Key Highlights Ripple price declined heavily and broke the $0.4860 and $0.4400 support levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is struggling to recover above the $0.4600 and $0.4700 resistance levels. Ripple price fell sharply below key levels against the US Dollar and Bitcoin. XRP/USD is correcting higher, but it remains sell on rallies near $0.4700. Ripple Price Analysis The past three sessions were destructive as…

Ripple Price Analysis: XRP/USD Sellers In Control Below $0.5200

Key Highlights Ripple price declined recently and tested the $0.5000 support area against the US dollar. There is a major bearish trend line in place with resistance at $0.5120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure below the $0.5120 and $0.5200 resistance levels. Ripple price is struggling to gain bullish momentum against the US Dollar and Bitcoin. XRP/USD may continue to consolidate below $0.5200 for the next few sessions. Ripple Price Analysis After testing the $0.5200 resistance, ripple price…

XRP/USD Reject Lower Lows, Short Term Targets at 80 Cents

Latest Ripple News Aside from EOS and Stellar Lumens which are recent inventions, it still beat logic that CoinBase is yet to list XRP. While it is understandable that CoinBase can practice their discretion and list any coin that adheres to their listing framework, XRP is a liquid asset and far more than just being a tradable instrument. The coin is a real utility that banks can use to move funds across the world. As it fashion itself as superior alternative to SWIFT—a global payment system that has been in…

Ripple Price Analysis: XRP/USD Consolidating Above $0.5000

Key Highlights Ripple price recovered a few points, but it faced sellers near $0.5250 against the US dollar. There is a short term bullish trend line formed with support at $0.5050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to consolidate above the $0.5000 support in the next couple of sessions. Ripple price is currently trading in a range against the US Dollar and Bitcoin. XRP/USD must break the $0.5200-0.5250 resistance to move into a bullish zone. Ripple Price Analysis Yesterday, we…

Ripple Price Analysis: XRP/USD Could Recover Above $0.5200

Key Highlights Ripple price extended slides recently, but it found support near $0.4860 against the US dollar. There was a break above a key bearish trend line with resistance at $0.5050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading above $0.5000 and it could recover above $0.5200 in the near term. Ripple price is slowly recovering against the US Dollar and Bitcoin. XRP/USD is positioned nicely for more upsides towards the $0.5200 or $0.5280 levels. Ripple Price Analysis There was a…

Ripple Price Analysis: XRP/USD Under Pressure Below $0.5200

Key Highlights Ripple price declined recently and broke the $0.5200 support zone against the US dollar. There is a major bearish trend line in place with resistance at $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may struggle to move back above the $0.5200 resistance and the 100 hourly simple moving average. Ripple price failed to hold gains against the US Dollar and Bitcoin. XRP/USD may slide further towards the $0.4790 support level in the near term. Ripple Price Analysis During the past…

Ripple Price Analysis: XRP/USD Correcting Gains Toward Key Supports

Key Highlights Ripple price traded as high as $0.5626 and later corrected lower against the US dollar. There was a break below a major bullish trend line with support at $0.5300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct further lower towards the $0.5080 or $0.4940 support level in the near term. Ripple price is correcting recent gains against the US Dollar and Bitcoin. XRP/USD remains nicely supported on the downside near the $0.5080 level. Ripple Price Analysis Yesterday, there was a…

After 55 cents, XRP/USD Bulls Now Aim $1.65

With shifting sentiment and new-found bull momentum, XRP/USD is rising. It’s up 20 percent in the last week and trading above 55 cents meaning following yesterday’s spike in market participation. Because our trade conditions are now live, we suggest traders to buy at spot in line with week ending Sep 23 bull trend. Latest Ripple News It’s that time of the year to fill your crypto bags. Double digit gains and rumors of SWIFT integration was enough to temporarily propel XRP market cap above that of Ethereum. But the writing…

Ripple Price Analysis: XRP/USD Approaching Buy Region Near $0.5250

Key Highlights Ripple price extended gains towards $0.5620 before started a downside correction against the US dollar. There are two bullish trend lines in place with support at $0.5320 and $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting lower, but dips remain supported near the $0.5200 zone. Ripple price is placed nicely in an uptrend against the US Dollar and Bitcoin. XRP/USD may find buyers once again near $0.5200 for a fresh upward move. Ripple Price Analysis After a minor…