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#Ripple Price Analysis

Ripple Price Analysis: XRP going back to $0.28?

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Ripple price experienced a downward correction which cleared out all the major gains which it experienced till yesterday.

Technical Indicators:

Support Level – $0.2910

Resistance Level – $0.3050

  • Ripple price began to fall downwards underneath the $0.3050 support against the US dollar.
  • There is a bearish pattern line formed with resistance around $0.3040 on the hourly chart.
  • XRP is experiencing selling pressure and is moving towards the next support around $0.2910.

Ripple price experienced a downward correction which cleared out all the major gains which it experienced till yesterday. XRP settled underneath $0.3050 and it might fall down to test the support around $0.2910.

 

Ripple Price Analysis

Ripple price began a downward correction after rising up to $0.3200 against the US Dollar. XRP fell underneath the $0.3100 and $0.3050 support levels. The massive selling pressure kicked the price underneath the $0.3000 support and the 100 hourly SMA. Ripple price erased most of its gains which it experienced in the last few days and it could is expected to fall below the next support of $0.2910 in the short term.

XRPUSD price chart

XRPUSD price chart

Ripple price fell as low as $0.2939 and is currently trying to rise above facing massive selling pressure. Major resistance is formed around $0.3000 and the 100 hourly SMA. If XRP price is able to break this resistance, there is also a major resistance formed around $0.3025. The most number of sellers are placed around $0.3050. Also, there is a bearish trend line formed with resistance around $0.3040 on the hourly chart of the XRP/USD.

Taking a look at the chart, Ripple price is facing a bear trend from the $0.3200 swing high it experienced recently. The price is expected to slide towards the $0.2910 support. To rise upwards, the price must break the $0.3000 and $0.3050 resistance levels.

#Ripple Price Analysis

Ripple Price Analysis: XRP going to fall down?

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Ripple price was unable to hold gains and declined as of late. XRP will most probably decline towards the $0.3050 support level.

Technical Indicators

Support Level – $0.3050

Resistance Level – $0.3250

  • Ripple price broke below the $0.3200 support level against the US dollar.
  • The weekly bullish pattern line was broken with support around $0.3245 on the hourly chart of the XRP/USD pair.
  • XRP declined beneath $0.3200 and tested $0.3150 support level.
  • The present trading activity is quite bearish, recommending more declines towards the $0.3050 support.

Ripple price was unable to hold gains and declined as of late against the US Dollar and bitcoin. XRP/USD will most probably decline towards the $0.3050 support before it can begin a new upward trend.

 

Ripple Price Analysis

Ripple price began a downward move from well over the $0.3400 level underneath the $0.3300 and $0.3280 supports. Afterward, the price found good support around $0.3250 level. All the more significantly a breakout pattern was framed with support around $0.3250. Buyers were unable to hold gains, bringing about a sharp decrease beneath $0.3250.

The price broke the $0.3220 support and the 100 hourly SMA. In addition, the weekly bullish pattern line was broken with support around $0.3245 on the hourly chart of the XRP/USD. The pair even fell underneath $0.3160 to test the $0.3150 support. A low was formed at $0.3144 and the price is right now trying to correct higher. It is trying the 23.6% Lie retracement dimension of the ongoing drop from the $0.3337 high to $0.3144 low. In any case, there are numerous obstacles on the upside close to the $0.3190 and $0.3200 levels.

There is a bearish pattern line formed with resistance around $0.3200 and the 100 hourly SMA. An effective break above $0.3200 is required for an upward recovery. The next resistance could be $0.3250.

XRPUSD Price Chart

XRPUSD Price Chart

Taking a look at the chart, the ripple price is currently a bearish zone underneath the $0.3250 support level. The present trading activity is marginally bearish, recommending more downward moves towards the $0.3050 support. The price may rise back above $0.3200 in case buyers stay in position. It is essential for Ripple price to break the $0.3250 level to start an upward correction.

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#Ripple Price Analysis

Ripple Price Analysis: Will XRP Rise or Fall?

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Technical Indicators

Support Level – $0.3250

Resistance Level – $0.3345

  • Ripple price remained over the $0.3200 support level, with a positive inclination against the US dollar.
  • The current week’s pursued key bullish pattern line is set up with support close $0.3250 on the hourly chart of the XRP/USD pair.
  • The pair must remain over the $0.3250 and $0.3220 support levels to keep away from a drawback break.
  • On the upside, a break over the $0.3300 and $0.3345 resistance levels could start a rally.

Ripple price is solidifying above key supports against the US Dollar and bitcoin. XRP/USD needs to conquer merchants close $0.3345 to move higher indeed in the close term.

Ripple Price Analysis

Ripple price started a downward correction yesterday from $0.3460. XRP declined underneath the $0.3300 and $0.3200 support levels. The decline was quite strong, yet the $0.3150 support proved strong enough to stop further losses. The price did not close underneath $0.3150 and stayed well over the 100 hourly SMA. A daily low was formed at $0.3158 and the price then began a new upward move.

Afterward, there was a spike over the $0.3300 resistance level but the price did not close over the $0.3300-0.3310 resistance zone. On the upside, there are two associating bearish pattern lines formed with resistance close $0.3280 on the hourly chart of the XRP/USD. Buyers need to break the $0.3280 and $0.3300 levels to begin a new upward move.

The current week’s bullish pattern line is formed with support at around $0.3250. If there is a downside break underneath the $0.3250 and $0.3220 supports, there could be more losses ahead. The next key support is around $0.3160 and the 100 hourly SMA.

XRPUSD Price Chart

XRPUSD Price Chart

Taking a look at the chart, ripple price is either going to break above $0.3300 or beneath $0.3220. The present price activity is somewhat bearish, with odds of a break beneath $0.3320. If Ripple price is able to stay above $0.3160, there are good chances of the price moving above $0.3350.

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#Ripple Price Analysis

Ripple Price Analysis: Is the XRP Bull Rally Over?

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Ripple price began a bullish trend before cutting a large portion of its increases against the US Dollar as well as bitcoin.

Technical Indicators

Support Level – $0.3100

Resistance Level – $0.3350

  • Ripple price moved upwards and broke the $0.3400 resistance level before the selling pressure increased.
  • The price went to the $0.3460 level and later began a sharp drawback.
  • Yesterday’s bullish pattern line is flawless with support around $0.3190 and $0.3200 on the hourly chart of the XRP/USD.
  • The price is likely getting ready for a new upward move if it is able to stay above the $0.3100 support.

Ripple price began a bullish trend before cutting a large portion of its increases against the US Dollar as well as bitcoin. XRP stays supported on the drawback above $0.3100.

 

Ripple Price Analysis

Ripple price over the $0.3200 resistance territory yesterday. The XRP/USD pair picked up the pace and broke the $0.3300 and $0.3320 resistance levels. It even broke the $0.3400 resistance and spiked over the $0.3450 level. The price went close to the $0.3460 level and later began a sharp drawback. It declined underneath the $0.3320 support. Selling pressure was above to drove the price beneath the $0.3250 support region.

Ripple price discovered support close to the $0.3160 level. Yesterday’s bullish pattern line is flawless with support around $0.3190 and $0.3200 on the hourly chart of the XRP/USD pair. Underneath the pattern line, the next support is around $0.3135 level. The major support is close to the $0.3100 level and the 100 hourly SMA.

XRP price is probably going to find a lot of buyers around $0.3160, $0.3130 and $0.3100 support levels. However, if Ripple price breaks the $0.3100 support, the price may move in a bearish zone. If the price remains above $0.3100, it could begin a new upward move above $0.3300.

XRPUSD Price Chart

XRPUSD Price Chart

Taking a gander at the chart, ripple price stays all around supported over the $0.3100 level. The major resistance is around $0.3350 level, above which Ripple price could test the $0.3400 resistance level in the short term.

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