#Daily Price Analysis Ripple Price Analysis: XRP riding a fake bull? Published 3 months ago on November 5, 2018 By Layla Harding Share Tweet Ripple Price Key Features Ripple price exchanged further higher and broke the $.0.4600 resistance territory against the US dollar. There was a break over a declining channel with resistance at $0.4535 on the hourly chart of the XRP/USD pair. The pair exchanged as high as $0.4755 and it is right now revising lower. Ripple price is increasing bullish force against the US Dollar and Bitcoin. XRP/USD stays very much supported on plunges close to the $0.4540 level. Ripple Price Analysis As of late, there was a better than average support base shaped close to the $0.4470 level in ripple price against the US Dollar. The XRP/USD pair began an upside move and broke the $0.4500 resistance. The price moved into a bullish zone and settled over the $0.4540 resistance. There was even a nearby over the $0.4550 level and the 100 hourly straightforward moving normal. All the more vitally, there was a break over a declining channel with resistance at $0.4535 on the hourly chart of the XRP/USD pair. Purchasers picked up force, bringing about a strong keep running over the $0.4600 resistance. The price even spiked over the $0.4750 level and exchanged as high as $0.4755. Afterward, there was a drawback amendment and the price exchanged beneath the $0.4650 level. There was a break underneath the half Lie retracement level of the ongoing wave from the $0.4469 low to $0.4755 high. Be that as it may, there are numerous not too bad supports on the drawback close to the $0.4540 level and the 100 hourly straightforward moving normal. XRPUSD 5 day chart Taking a gander at the chart, ripple price could test the $0.4540-50 support zone. Also, the 61.8% Lie retracement level of the ongoing wave from the $0.4469 low to $0.4755 high is a quick support at $0.4578. Accordingly, if the price plunges from the current levels, it might discover support close $0.4560 or $0.4550. Taking a gander at the technical markers: Hourly MACD – The MACD for XRP/USD is back in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is right now over the 50 level. Significant Support Level – $0.4550 Significant Resistance Level – $0.4700 Related Topics:BlockchaindaytradingRippleRIPPLE ANALYSISRipple Blockchainripple chartripple coinripple forecastripple futureripple predictionripple priceripple price 2018Ripple Price Analysisripple price todayRIPPLE TO DOLLARripple traderipple tradingxrpXRP ANALYSISXRP exchangeXRP Pricexrp price analysisxrp price todayXRP TECHNICAL ANALYSISxrp to usdXRP TRADExrp tradingxrp usdXRP USD chartXRPUSD Up Next Cryptokitties: A Giant Pyramid Scheme? Don't Miss Security Token Offerings: STOs Replacing ICOs? Continue Reading You may like Satoshi Nakamoto’s Dream: The History of Bitcoin: Part 1 Bitcoin Maximalists: Leading towards a hazardous path. Why Ethereum has no future Kevin Connolly’s Cryptos TV show: The Good and the Bad Wyoming: The Bitcoin Capital of USA Bitcoin Still Stays Strong: Gamblers Prove 3 Comments 3 Comments Pingback: Ripple Price Analysis: XRP riding a fake bull? | Coin Crypto Rama Pingback: Ripple Price Analysis: XRP riding a fake bull? - Satoshiuncle Pingback: Ripple Price Analysis: XRP riding a fake bull? – The Coinage Times Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Daily Price Analysis Cryptocurrency Market Cap drops sharply. Is Bitcoin Dead? Published 2 months ago on November 23, 2018 By Nadja Eriksson The cryptocurrency market crash of this year will be remembered throughout the lifetime by the whole community especially the current week. Bitcoin price fell up to $4000 which is the worst fall of the year. The market cap fall The cryptocurrency market capitalization has fallen approximately $700 Billion this year. Talking about the current week after prominent coins fell up to 70% in just a matter of days, analysts are predicting that bitcoin may fall to $3000 this month end if the most major support of $4000 is broken and may even fall up to $2500. Not only bitcoin, but all major altcoins including XRP, Ethereum, and Litecoin, are all experiencing a massive decline in pricing. The market capitalization of cryptocurrencies was around $830 in January this year and now it is only about $140. Share Market is riding on the same boat: The shares markets are experiencing an even worst scenario with over $1.3 Trillion lost in just this week. Major global shares have fallen down including industry giants such as Apple, Goldman Sachs, and General Electric. Bitcoin Hash Wars: Mining at huge losses Both sides of the bitcoin cash hard fork are mining at magnificent losses according to Bitmex, a cryptocurrency derivatives platform who revealed about the same in a tweet: Although the ABC SV split is entertaining, we estimate that SV miners are burning US$280,000 per day mining the SV chain. Assumptions: * S9 miners * Able to sell SV coins at the current spot price ($100) * 5 cent per kWhhttps://t.co/U9hbK4peip pic.twitter.com/ULjwWSI0GA — BitMEX Research (@BitMEXResearch) November 16, 2018 Both the teams – Bitcoin ABC led by Roger Ver and Bitcoin SV led by Craig Wright AKA ‘Faketoshi’ are said to be mining with huge losses amounting to approximately $278,000 and $439,221 per day respectively and which is likely being met by a large amount of BTC sellings. A third team which is being considered as ‘neutral’ known as Bitcoin Unlimited is being led by Andrew Clifford. The hash wars are being considered as a major reason for the start of the cryptocurrency market downfall. Continue Reading #Bitcoin Price Analysis Bitcoin Price Analysis: Will BTC Rise Again? Published 2 months ago on November 17, 2018 By Janet F. Sanchez Bitcoin price improved more than 8% yesterday after the successful bitcoin cash hard fork completion. Bitcoin price fell down from $6500 to a whopping low of $5190 before the BCH hard fork. The price started to experience improvements after the hard fork and went above the $5770 mark but the market could not sustain the bullish momentum for a long time and fell down up to $5555. BTC is currently trading at $5615 (at the time of writing). The bitcoin market volume has decreased and the bull run is expected not before the upcoming week. The support level of the BTC lies around $5598 and the resistance around $5622. Bitcoin price needs to break the resistance level in order to move above the desired $6000 mark. BTCUSD 5 day chart BTC is currently trading at the year’s lowest price range where the traders are worried about further losses. However financial analysts believe that bitcoin price is likely to rise a little at the end of 2018 up to the start of 2019. Traders also believe that 2019 end and 2020 will be the year of a major cryptocurrency bull momentum because of the predicted financial crisis of 2020. Investors and financial analyst believe that people will be forced to move towards assets such as gold and cryptocurrencies with the predicted downfall of the US dollar. BTCUSD 24 hour chart Looking at the 24-hour chart bitcoin price fell down from $5750 up to $5555. The price is currently trying to tackle the bear attack but is experiencing hurdles. Bitcoin price may likely improve up to $5700 today but the major improvement is predicted when the volume increases, most likely next week. Continue Reading #Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis: BCH post fork downfall Published 2 months ago on November 15, 2018 By Janet F. Sanchez MACD – Set in the bullish zone. Relative Strength Index – Cose to the 40 level. Significant Support Level – $360 Significant Resistance Level – $405 Key Points Bitcoin cash price expanded misfortunes and exchanged beneath the $400 level against the US Dollar. There are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly diagram of the BCH/USD pair (information feed from Kraken). The pair stays at a danger of more misfortunes underneath the $360 level in the close term. Bitcoin cash price exchanged beneath the key $400 support against the US Dollar. BCH/USD could amend higher, however, dealers are probably going to show up close $420 or $450. Bitcoin Cash Price Analysis Recently, we examined that bitcoin cash price could broaden misfortunes beneath $400 against the US Dollar. The BCH/USD pair remedied a couple of focuses as of late, yet it neglected to break the $450 resistance. Afterwards, there was a sharp drawback move and the price declined underneath the $420 and $400 supports. A new low was shaped at $360 and the price is currently exchanging admirably beneath the 100 hourly basic moving normal. Right now, the price is solidifying misfortunes around the $380 level. It appears as though the 23.6% Lie retracement dimension of the last slide from the $451 high to $360 low is going about as a resistance. In addition, there are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly outline of the BCH/USD pair. The principal bearish pattern line concurs with the half Lie retracement dimension of the last slide from the $451 high to $360 low. Consequently, the $400-405 zone could forestall gains in the close term. BCH USD 1 day chart Taking a gander at the diagram, Bitcoin cash price could rectify a couple of focuses above $390. Notwithstanding, purchasers are probably going to battle close $400, $405, $420 lastly $450. On the drawback, the following focus for sellers could be $350. 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