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#Ripple Price Analysis

Ripple Price Analysis: Will XRP fall below $0.33?

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Ripple price is still in a bear trend with the ongoing selling pressure in the market. XRP is trying to recover back above $0.36 but it is facing hurdles.

Support Level: $0.33

Resistance Level: $0.355

Key Points

  • Ripple price could not break the key resistance around $0.36 due to which the price declined further.
  • With the price moving below $0.355, a new resistance was set around $0.355 which can push the price further between $0.34 to $0.33.
  • Ripple price is currently at a risk of further declines with the major support at $0.33.

 

Ripple price is still in a bear trend with the ongoing selling pressure in the market. XRP is trying to recover back above $0.36 but it is facing hurdles in between pushing down the price.

Ripple Price Analysis

XRP is facing a bearish trend from past couple of weeks. Recently, XRP crashed down from $0.375 to $0.34 breaking the key support at $0.35 due to which the price crashed down testing the next support at $0.34. Ripple price is currently trying to recover but there is massive selling pressure in the market which is creating a hurdle for XRP to rise. The new key resistance around $0.355 which can likely stop the price to recover further.


 

Currently, XRP is trading around $0.3539 according to CoinGecko Charts. The daily Ripple price chart clearly denotes that XRP is trying hard to recover but the selling pressure is too high. If the selling pressure keeps on increasing, the price will likely fall below $3.4 or even $0.33 range after which the major support lies at $0.31.

#Ripple Price Analysis

Ripple Price Analysis: XRP Ready for the Major Bull Run?

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Ripple price bounced above key resistance levels. XRP/USD is presently exchanging with a positive inclination and it could keep on ascending.

Technical Indicators

Support Level – $0.3100

Resistance Level – $0.3260

  • Ripple price moved into a bullish zone above $0.3100 against the US dollar.
  • Buyers were able to pick up force over the $0.3100 and $0.3150 resistance levels before sellers showed up around $0.3290.
  • There is a bullish pattern line formed with support close $0.3140 on the hourly chart of the XRP/USD.
  • The price is as of now redressing lower, yet it stays supported above $0.3160 and $0.3140.

Ripple price bounced above key resistance levels against the US Dollar and bitcoin. XRP/USD is presently exchanging with a positive inclination and it could keep on ascending towards $0.3300 and $0.3400.

 

Ripple Price Analysis

Ripple price picked up force above $0.3050 against the US Dollar. The XRP/USD pair began an uptrend and broke the $0.3000 and $0.3060 resistance levels. The pair moved into a bullish zone over the $0.3100 resistance and the 100 hourly SMA. Buyers took control over the $0.3100 level, bringing about increases over the $0.3150 and $0.3200 resistance levels. The price exchanged near the $0.3300 resistance and another weekly high was formed at $0.3292.

Afterward, there was a sharp drawback rectification beneath $0.3260 and $0.3240. The price tested the $0.3160 support zone. Prompt support is close to the $0.3150-0.3160 zone. There is a bullish pattern line formed with support close $0.3140 on the hourly chart of the XRP/USD pair.

Buyers are probably going to stand firm close to the $0.3160 and $0.3150 levels. In the event that there are extra decays, the price could test the $0.3110 support. The main support is close to the $0.3095-0.3100 zone which was the past resistance level. To the upside, resistance is at $0.3220, above which the price may ascend towards $0.3260.

XRPUSD Price Chart

XRPUSD Price Chart

Taking a look at the chart, Ripple price obviously moved into a bullish zone above $0.3100. In any case, buyers need to ensure decays beneath $0.3100. In the event that they come up short, the price may move in a bearish zone to $0.3000. This week, buyers could focus on the $0.3400 and $0.3500 resistance levels as long as the price is above $0.3095.

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#Ripple Price Analysis

Ripple Price Analysis: Is XRP actually bullish?

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Ripple price is holding a couple of essential supports. XRP is probably going to increase bullish force once buyers are able to break the $0.3080 and $0.3100 resistance levels.

Technical Indicators

Support Level – $0.2990

Resistance Level – $0.3080

  • Ripple price shaped strong support around $0.2940 and traded higher against the US dollar.
  • There was a break over two bearish pattern lines with resistance around $0.2980 on the hourly chart of the XRP/USD.
  • XRP tested the $0.3040 and $0.3050 resistance levels, where major selling pressure came in.
  • There could be a minor drawback correction before the price can actually spike above $0.3050 and $0.3080.

Ripple price is holding a couple of essential supports against the US Dollar and Bitcoin. XRP is probably going to increase bullish force once buyers are able to break the $0.3080 and $0.3100 resistance levels.

 

Ripple Price Analysis

After a couple of bearish moves, Ripple price shaped strong support around $0.2940 level against the US Dollar. XRP began a nice upside move and traded over the $0.2960 and $0.2980 resistance levels. It opened the entryways for more increases over the $0.2980 resistance. Afterward, Ripple price settled over the $0.3000 resistance and the 100 SMA.

Moreover, there was a break over two bearish pattern lines which were formed with resistance around $0.2980 on the hourly chart of the XRP/USD. The pair exchanged near the $0.3040 and $0.3050 resistance levels, where selling pressure increased. The primary support is close to the $0.3000 level, which was a critical resistance before.

The 100 hourly SMA is additionally close to the $0.2900 level to go about as strong support in the short term. To the upside, an underlying resistance is around $0.3050 level and next at $0.3080. The major resistance is near the $0.3100 level, above which buying pressure is probably going to increase.

XRPUSD Price Chart

XRPUSD Price Chart

Taking a look at the chart, ripple price is by all accounts set pleasantly over the $0.3000 support. In any case, an appropriate break above $0.3040 and $0.3050 resistance levels is required for more gains. For the time being, there could be a couple of bearish moves, however, Ripple price is probably going to pick up pace above $0.3050 and $0.3080.

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#Ripple Price Analysis

Ripple Price Analysis: XRP bears coming to action

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Ripple price is in a bearish trend. XRP/USD might fall towards the $0.2900 region in the short term before started an upward move.

Technical Indicators

Support Level – $0.2940

Resistance Level – $0.3060

  • Ripple price is struggling underneath the $0.3045 and $0.3070 resistance levels against the US dollar.
  • There is a bearish pattern line formed with resistance at $0.3070 on the hourly chart of the XRP/USD.
  • XRP might see some minor corrections in the short term but there is a major possibility of a severe drop to the downside to around $0.2900.

Ripple price is in a bearish trend against the US Dollar as well as Bitcoin. XRP/USD might fall towards the $0.2900 region in the short term before started an upward move.

 

Ripple Price Analysis

Ripple price reached as high as $0.3094 but later fell underneath the major support around $0.3070 against the US Dollar. XRP declined sharply and fell beneath the $0.3050 and $0.3040 support levels. The decline led to the XRP facing more losses beneath the $0.3000 support level. Also, there was a break underneath a bullish pattern line with support at $0.3000 on the hourly chart.

Ripple price is currently situated well beneath the $0.3045 resistance and 100 hourly SMA. XRP fell up to $0.2971 and is currently trying to cover up losses. It appears that the price might correct a few points for the time being. A new resistance is formed around $0.3030. However, the major resistance is around $0.3070 and 0.3080. Also, there is a bearish pattern line formed with resistance at $0.3070. If XRP is able to correct upwards, the price could surely confront a major resistance around $0.3045 and $0.3060.

XRPUSD Price Chart

XRPUSD Price Chart

Taking a look at the chart, Ripple price is currently in a bearish trend beneath the $0.3060 resistance. It seems that the sellers are getting stronger and there is a danger of XRP falling underneath the previous low at $0.2970. The next support after this point is at $0.2945, beneath which the price could drop towards the $0.2900 region.

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