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#Ripple Price Analysis

Ripple Price Analysis: XRP ready to surge?

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Ripple price is currently preparing for a bull run against both USD and Bitcoin. XRP will move towards $0.3300 once the current resistance is broken.

Technical Indicators:

Support Level: $0.3070

Resistance Level: $0.3200

 

Key Points:

  • Ripple price is well situated above the $0.3070 support level.
  • There is a strong resistance formed around $0.3200 against the US dollar.
  • Ripple price will most likely start a bullish momentum and move over $0.3200 in the short term.

 

Ripple Price Analysis:

Summary: Ripple price is currently preparing for a bull run against both USD and Bitcoin. XRP will most likely move towards $0.3300 once the current resistance is broken.

XRP price moved downwards recently breaking the $0.3060 and $0.3050 support levels. Ripple tested the $0.3020 support which was strong enough to push the price upwards. The price moved above $0.3100 soon, however, the selling pressure increased around $0.3170. The price again started to correct downwards and broke below the $3130 support level. The price even fell further after breaking the $0.3100 support and 100 hourly SMA.

XRPUSD Price Chart

XRPUSD Price Chart

Ripple price is currently in an upward momentum above $0.3100 support and 100 hourly SMA. XRP will either move over $0.3130 resistance level which was previously the support or move below the current support of $0.3100. However, the major resistance lies at $0.3200 above which Ripple price might turn bullish. However, if the current support is broken, XRP might fall to $0.3050.

The chart shows that XRP is currently in trying to gain momentum in order to move upwards. The $0.3070 level is acting as strong support. If XRP breaks through the $0.3130 resistance, it will most likely test the major resistance at $0.3200 above which the price will turn bullish. However, if the current support is broken, XRP might fall to the next support around $0.3050.

#Ripple Price Analysis

XRP to USD, 15th May: Ripple Price Analysis, Can it rise ahead?

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Ripple price remained bullish after rising above $0.4000 level and is currently up against both USD and BTC. XRP is well settled over $0.4200.

Technical Indicators:

Support Levels: $0.4220, $0.4200, $0.4000

Resistance Levels: $0.4400, $0.4500, $0.4600

 

Key Points:

  • Ripple price gained more than 15% in the last 24 hours before correcting a few points downwards.
  • XRP broke above $0.4220 resistance level and even moved over the $0.4300 resistance level to record a new yearly high around $0.4480.
  • A bullish pattern is being formed on the hourly chart with the support at around $0.4080.
  • The current momentum seems positive and Ripple price might soon test $0.4600, $0.4800 and $0.5000 levels.

Ripple Price Analysis:

SUMMARY: Ripple price remained bullish after rising above $0.4000 level and is currently up against both USD and BTC. XRP is well settled over $0.4200 and will most likely move above $0.4500 and $0.4600 levels soon.

 

Ripple price started a sharp bull run after breaking through $0.3500 resistance level. The bulls were able to move XRP price above many resistances such as $0.3700 and $0.3800 and the price even settled above the 100 hourly SMA. XRP has recorded a gain of more than 40% in just 3 days. Ripple price recently broke above $0.4000 level above which the bulls got ever stronger.

XRP broke above the $0.4200 resistance level to record a new yearly high at around $0.4480. Ripple price is currently supported at around $0.4220 which was the previous resistance zone. Below this, XRP is supported at $0.4200 and $0.4000.

The current resistance is at $0.4500 level above which Ripple price might test the $0.4600, $0.4800 and even $0.5000 levels in the coming few days. However, if XRP moves below $0.4000 level, the overall momentum might turn bearish.

 

XRP to USD Price Chart 15th May

XRP to USD Price Chart 15th May

The chart shows that Ripple price is currently trading with a bullish momentum above $0.4200 support level. If the bears start to act, XRP might soon fall back below $0.4000 level to turn bearish. However, as long as Ripple price remains above $0.4000 level, it might soon test $0.4500, $0.4800 and even $0.5000 levels in the next few days.

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#Ripple Price Analysis

XRP to USD, 14th May: Ripple Price Analysis, Are the bulls back?

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Technical Indicators:

Support Levels: $0.3650, $0.3550, $0.3500

Resistance Levels: $0.3750, $0.3800, $0.3900, $0.4000

 

Key Points:

  • Ripple price surged massively breaking above $0.3150, $0.3200 and $0.3300 resistance levels.
  • XRP was even able to break and settle above the $0.3500 resistance level and even tested the $0.3750 resistance.
  • Ripple price recorded a high at $0.3778 and is currently gaining force in order to move towards $0.4000 and $0.4200 levels.

 

Ripple Price Analysis:

SUMMARY: Ripple price gained bullish momentum over the $0.3500 level. XRP is currently trading well above $0.3650 and moving towards $0.3750 and $0.3800 levels.

 

After being able to close above the $0.3000 resistance level, Ripple price started to surge massively following the bitcoin surge. The bulls were able to break above $0.3100, $0.3200, $0.3300 and even $0.3500 resistance levels very easily with XRP gaining more than 21% in the last 24 hours. The major bull run started after XRP closed and settled above $0.3200 and the 100 hourly SMA.

 

Ripple price soon moved over the $0.3550 and $0.3600 resistance levels and tested and moved over the $0.3750 resistance level to record a high at $0.3778. At this point, the sellers started to emerge and XRP corrected a few points downwards. However, it is currently well supported around $0.3650 and $0.3550.

 

On the downside below $0.3550, Ripple price is well supported at $0.3400 and $3200 levels. The current resistance lies around $0.3750 and $0.3800 above which XRP will most likely test the $0.4000 and $0.4200 levels.

 

XRP to USD Price Chart 14th May

XRP to USD Price Chart 14th May

The chart shows that XRP is clearly in a bullish momentum over the $0.3500 support level. There are high chances for Ripple price to soon test and move above $0.4000 and $0.4200 levels.

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#Ripple Price Analysis

XRP to USD, 13th May: Ripple Price Analysis, What’s Next?

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Ripple price picked up bullish pace above $0.3200 level. XRP is currently well supported at $0.3100 and it will likely move towards testing $0.3300 level.

Technical Indicators:

Support Levels: $0.3100, $0.3000

Resistance Levels: $0.3220, $0.3300, $0.3400

 

Key Points:

  • Ripple price started to rise upwards and broke above $0.3220 resistance zone.
  • XRP even broke above $0.3300 level tested the $0.3400 resistance level where a lot of sellers appeared and Ripple price started to correct downwards.
  • A bullish pattern is being formed on the hourly chart with the support at around $0.3100.
  • There are chances that XRP might test the $0.3220 and $0.3300 resistance levels soon.

 

Ripple Price Analysis:

SUMMARY: Ripple price picked up bullish pace above $0.3200 level. XRP is currently well supported at $0.3100 and it will likely move towards testing $0.3220 and $0.3300 levels.

 

Ripple price followed bitcoin this week and broke above $0.3100 resistance level to move into a positive zone. XRP was also able to break above $0.3220 resistance level. The bulls were able to move Ripple price above the 100 hourly SMA and $0.3350 level. XRP even tested the $0.3400 resistance level where a lot of sellers were placed and XRP started to correct downwards. Ripple price declined sharply and moved under the $0.3300 and $0.3200 support levels. XRP even tested the support at around $0.3050.

Currently, Ripple price is trying to gain momentum above the $0.3100 support level. The current resistance is around $0.3200 and $3220 levels above which XRP might test the $0.3300 and $0.3400 levels. Also, $0.3100 is currently acting as strong support below which Ripple price might test $0.3050 and $0.3000 levels. A bullish pattern is also being formed on the hourly chart with the support at around $0.3100.

 

XRP to USD Price Chart 13th May

XRP to USD Price Chart 13th May

The chart shows that Ripple price is currently well supported on the downside at $0.3100, $0.3050 & the 100 hourly SMA. As long as XRP is above the 100 hourly SMA, there are chances of a fresh bull run.

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