#Daily Price Analysis Ripple Price Analysis: XRP/USD small recovery, 13 Sep. Published 5 months ago on September 13, 2018 By Layla Harding Share Tweet Ripple Price Key Features Ripple price began a transient upward move towards the $0.2700 resistance zone against the US dollar. Yesterday’s featured two bearish pattern lines with resistance at $0.2600 and $0.2690 were broken on the hourly diagram of the XRP/USD pair (information source from Kraken). The pair is adjusting higher, however it is probably going to confront a great deal of obstacles close $0.2750, $0.2800 and $0.2900. Ripple price has recouped a couple of focuses against the US Dollar and Bitcoin. XRP/USD is probably going to confront a solid resistance close to the $0.2900 level. Ripple Price Recuperation Recently, we talked about how Ripple price battled underneath the $0.2800 level and declined towards $0.2500 against the US Dollar. The XRP/USD pair exchanged as low as $0.2492 and later began an upside remedy. Ripple price moved higher and broke the $0.2600 and $0.2650 resistance levels. The upside move was sure as there was a break over the $0.2700 resistance also. In addition, Ripple price outperformed the half lie retracement level of the ongoing decay from the $0.2899 high to $0.2492 low. Furthermore, yesterday’s featured two bearish pattern lines with resistance at $0.2600 and $0.2690 were broken on the hourly graph of the XRP/USD pair. XRP price is presently exchanging with a positive point over the $0.2700 level and the 100 hourly basic moving normal. In any case, there are numerous resistances for purchasers close to the $0.2750 and $0.2800 levels. The 76.4% lie retracement level of the ongoing decrease from the $0.2899 high to $0.2492 low is additionally at $0.2800. XRPUSD Price Chart 13 September Taking a gander at the diagram, ripple price could keep on correcting higher as long as it is above $0.2650. Notwithstanding, purchasers are probably going to battle close to the $0.2750 and $0.2800 resistances. Above $0.2800, the following significant obstacle and a turn level is at $0.2900. Taking a gander at the technical pointers: Hourly MACD – The MACD for XRP/USD is marginally put in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is well over the 50 level. Real Support Level – $0.2650 Real Resistance Level – $0.2800 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 Ethereum will stay, says Blockonix Exchange Don't Miss Ethereum Price Analysis: ETH/USD slowly recovering, 13 Sep. Continue Reading You may like Alert: The Last Chance to Buy Cheap Bitcoin: BTC to the Moon! Alert: Polkadot Blockchain: A threat to Ethereum? Bitcoin: Are we ready for the next crypto bull run? Ripple Price Analysis: XRP Ready for the Major Bull Run? Ethereum Price Analysis: ETH going to correct downwards? Apple going to launch its own blockchain soon? 3 Comments 3 Comments Pingback: Ripple Price Analysis: XRP/USD small recovery, 13 Sep. - Satoshiuncle Pingback: Ripple Price Analysis: XRP/USD small recovery, 13 Sep. | Coin Crypto Rama Pingback: Ripple Price Analysis: XRP/USD small recovery, 13 Sep. – 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 3 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 3 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 3 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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