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#Ripple Price Analysis

Ripple Price Analysis: XRP about to crash hard?

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Ripple price is currently being attacked by bears after a significant bullish trend. XRP could decline sharply if the 100 hourly SMA and $0.3000 is broken.

Technical Indicators

Support Level – $0.2920

Resistance Level – $0.3050

  • Ripple price failed to hold the uptrend and fell underneath the $0.3080 support.
  • There is a key bearish pattern line formed with resistance around $0.3065 on the hourly chart.
  • XRP must remain over the $0.3000 support and the 100 hourly SMA to rise again.

Ripple price is currently being attacked by bears after a significant bullish trend against the US Dollar and Bitcoin. XRP is at the danger of a sharp decline if the 100 hourly SMA and $0.3000 is broken.

 

Ripple Price Analysis

The ongoing uptrend in bitcoin and Ethereum helped ripple price in moving above $0.3000 against the US Dollar. XRP broke the $0.3100 resistance level and started rising towards the $0.3200 level and later the price revised lower. It moved underneath the $0.3150 support. The price even broke the $0.3000 support once and tested the 100 hourly SMA.

XRPUSD Price Chart

XRPUSD Price Chart

Right now, it appears as though the 100 hourly SMA is proving to be solid support for Ripple price above $0.3000. There are numerous resistances on the upside around $0.3050. Also, there is a bearish pattern line formed with resistance around $0.3065 on the hourly chart. The pair needs to break the $0.3050 resistance and the bearish pattern line to start gains. If it is unable to do so, there is a danger of a sharp break beneath the $0.3000 support.

Taking a look at the chart, Ripple price has found solid support around the 100 hourly SMA. If this support is broken, XRP could fall towards $0.2900. After this support, the next support for XRP lies around $0.2920 and $0.2900.

#Ripple Price Analysis

XRP to USD: Ripple Price Analysis, XRP Going to Surge?

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Ripple price is well supported at $0.3070 and moving upwards. XRP might test the resistance around $0.3170 if it is able to break above $0.3120 resistance.

Technical Indicators:

Support Level: $0.3070

Resistance Level: $0.3120

 

Key Points:

  • Ripple price started a downward correction after rising up to $0.3169.
  • XRP fell below $0.3100 support level however, the support around $0.3070 proved strong enough to stop further losses.
  • Ripple price was able to break through a bearish pattern line that was formed on the hourly chart with resistance around $0.3080.
  • If XRP is able to break through $0.3120 resistance, a new bullish trend is foreseen.

 

Ripple Price Analysis:

Summary: Ripple price is well supported at $0.3070 and moving upwards. XRP might test the resistance around $0.3170 soon if it is able to break above $0.3120 resistance.

Ripple price showed bullish moves last week rising over $0.3100 resistance level. XRP broke through $0.3150 resistance and was able to close over the 100 hourly SMA. XRP tested the $0.3170 resistance level and went up to $0.3169 before starting a downward correction. The selling pressure was high and thus the price moved beneath $0.3120 and $0.3100 support levels. However, the support around $0.3070 and the 100 hourly SMA proved strong enough to stop further losses.

XRP price started a fresh upward move from $0.3070 support level. It was able to break through the bearish pattern line that was formed on the hourly chart with resistance around $0.3080. Ripple is currently trading well over $0.3080 support and the 100 hourly SMA. The current resistance lies around $0.3120 above which the momentum shall turn bullish and XRP might soon test $0.3150 and $0.3170 resistance levels.

XRPUSD Price Chart 1 April

XRP/USD Price Chart 1 April

The chart shows that Ripple price is  currently well situated above $0.3070 support level and moving upwards. If the current support is broken, XRP might test the next support around $0.3030. However, a break above $0.3120 resistance level might turn the overall momentum bullish.

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#Ripple Price Analysis

XRP to USD: Ripple Price Analysis, Ready for gains?

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Ripple price recently crashed to a weekly low of around $0.2920 and later corrected upwards. XRP was able to gain bullish momentum above $0.3000.

Technical Indicators:

Support Level: $0.3000

Resistance Level: $0.3100

 

Key Points:

  • Ripple price recently broke downwards following bitcoin and ethereum.
  • XRP tested the support around $0.2920 and later corrected upwards above $0.30000 resistance.
  • Ripple’s upward momentum was also able to break through the bearish pattern which was being formed with resistance around $0.3010 on the hourly chart.
  • Ripple price gained force and quickly moved over $0.3020 resistance level.

 

Ripple Price Analysis:

Summary: Ripple price recently crashed to a weekly low of $0.2913 and later corrected upwards. XRP was able to gain bullish momentum above $0.3000.

Ripple price declined sharply yesterday below $0.3000 support level. XRP tested the $0.2920 support level before starting to correct upwards. Buyers were able to push the price upwards over $0.3000.

The buying pressure increased bullish momentum and the price soon moved over $0.3020 resistance level. Also, the bearish pattern line which was being formed on the hourly chart was also broken. Currently, XRP is in a bullish momentum trying to move upwards.

There might be a downward correction, however, Ripple price might test the next resistance soon and if it is able to break through the $0.3060 and $0.3080 resistance level, it will move into a bullish zone.

XRPUSD Price Chart 27 March

XRP/USD Price Chart 27 March

The chart shows that XRP was able to correct upwards after falling up to $0.2913. Ripple gained bullish momentum after moving over $0.3000 level. However, the buyers really need to break through $0.3060, $0.3080 and $0.3100 resistance levels in order to turn the overall momentum bullish.

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#Ripple Price Analysis

Ripple Price Analysis: XRP going to fall or rise?

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Technical Indicators:

Support Level: $0.3150

Resistance Level: $3200

Key Points:

  • Ripple price is currently trading in positive momentum, however, there are a lot of hurdles on the way.
  • XRP has good support around $0.3100.
  • Ripple price broke the resistance around $0.3150, however, the major resistance lies at $0.3200.
  • XRP was able to break through a bearish pattern that was formed with resistance at $0.3150 on the hourly chart.
  • The price is currently facing a major resistance around $0.3200 which is pushing the price downwards

 

Ripple Price Analysis

Summary: Ripple price was unable to cross through the $0.3200 resistance level and hence corrected downwards. However, the overall momentum is still bullish and XRP will probably rise higher in the short term.

Ripple is currently in a bullish momentum with support at $0.3200. XRP was able to break the $0.3120 and $0.3140 resistance to move higher. XRP was also able to close above the 100 hourly SMA. Also, Ripple was broke through a bearish pattern line that was formed with resistance at $0.3150 on the hourly chart.

Ripple price also went above $0.3180 resistance level, however, when XRP tested the major resistance around $0.3200, it was strong enough to push the price back downwards.  A nice support is formed at $0.3150 which was earlier the resistance level and is now stopping the price from further falling.  If XRP is able to remain above $0.3150, it might break through the $0.3200 resistance soon.

XRPUSD Price Chart

XRPUSD Price Chart

The chart shows that Ripple price is currently struggling to break through the $0.3200 resistance zone. If XRP falls below $0.3150 support level, it might result in a sharp drop. However, if XRP is able to break through the resistance soon, there are chances of the price testing the $0.3300 resistance soon.

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