Tag Archives: XRPs

Ripple Price Analysis: XRP’s Recovery Could Face Major Hurdles

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price traded towards the $0.3100 level recently and later started a correction against the US dollar. There was a break above a connecting bearish trend line with resistance at $0.3180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently following an ascending channel with support at $0.3160 on the same chart. Ripple price is slowly recovering against the US Dollar and Bitcoin. However, XRP/USD is likely to face a lot of hurdles on the upside near the $0.3220 and […]

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Ripple Price Analysis: XRP’s Previous Support Now Resistance

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Ripple price failed to stay above the $0.3000 support and declined heavily below $0.2900 against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair recovered nicely after trading as low as $0.2777, but it is facing sellers near $0.2950. Ripple price declined sharply and gained bearish momentum against the US Dollar and Bitcoin. XRP/USD is currently facing a solid resistance near previous supports at $0.2950. Ripple […]

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Ripple Price Analysis: XRP’s Trend Overwhelmingly Bullish Above $0.3200

XRP Benefiting From SWIFT--Corda Trial

Ripple price rallied recently and broke the $0.3000, $0.3150 and $0.3250 resistances against the US dollar. There was a break above two bearish trend lines with resistance near $0.2920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded above the $0.3320 level and it is currently correcting gains towards the $0.3210 support. Ripple price jumped back sharply in the bullish zone against the US Dollar and Bitcoin. XRP/USD is trading with a positive bias and dips remain supported near $0.3200. Ripple […]

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Ripple Price Analysis: XRP’s Correction Reaches Crucial Juncture

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price started a downside correction and traded below the $0.3050 support against the US dollar. There is a major declining channel in place with resistance near $0.3040 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is under pressure and it seems to be approaching the key $0.2915 support area. Ripple price corrected most its gains against the US Dollar and Bitcoin. XRP/USD settled below $0.3050 and it could extend the current correction towards the $0.2915 support area. Ripple Price Analysis […]

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Ripple Price Analysis: XRP’s Downside Thrust Before Fresh Upside

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price is currently trading well below the $0.3045 and $0.3070 resistances against the US dollar. There is a major bearish trend line formed with resistance at $0.3070 on the hourly chart of the XRP/USD pair (data source from Kraken). Recently, there was a break below a connecting bullish trend line with support at $0.3000. The pair could correct a few points in the short term, but there are chances of a sharp drop to $0.2940 or $0.2910. Ripple price continues to trade in a bearish zone […]

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