Category: Ripple Price Analysis

Ripple price prepares for a 62% move in the wake of another class-action case

Ripple is set to fight another class-action lawsuit filed by a Florida resident for losing nearly half of investment in XRP. XRP is on verge of a breakout to $0.45 if the impact of a symmetrical triangle comes to fruition. A resident of Florida has opened a class action case against Ripple Labs Inc. for […]

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Ripple price prepares for a 47% explosion following rebound from $0.25

Ripple reclaims two key support levels at $0.25 and $0.27. XRP/USD is awaiting a massive liftoff on breaking above symmetrical triangle resistance. Ripple fell victim to the selling pressure in the cryptocurrency market on Thursday. Like Bitcoin and Ethereum, XRP lost a significant amount of the gains accrued over the last couple of weeks. Moreover, […]

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Ripple Price Uptrend In Jeopardy If It Slices Under This Crucial Resistance

Ripple has officially been delisted from Coinbase, thus reducing the buying pressure behind the token. XRP risks freefall to $0.25 if support at the 50 SMA and the 100 SMA fails to hold. Ripple’s potential uptrend to $0.4 a recently discussed, was sabotaged after Coinbase, one of the leading cryptocurrency exchanges, officially delisted it from […]

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XRP Price Long-Term Picture Screams Buy Despite SEC Woes And Uncertainty

Ripple gets ready for a huge liftoff despite the uncertainty posed by the SEC lawsuit. XRP is about to break a symmetrical triangle resistance, likely to give way for gains toward $0.48. Ripple is still trading under $0.3 despite the massive bullish signals as covered on Monday. Whales are currently streaming into the project mainly […]

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Ripple Price Set to Break Critical Resistance Barrier for a 40% Explosion to $0.42

Ripple eyes significant breakout above $0.3 if the swings past the descending triangle’s hypotenuse. The number of whales within the XRP ecosystem has rallied extensively since the beginning of the year, suggesting that buying pressure is rising. Ripple is on the verge of a massive breakout amid the extended consolidation. The daily close under $0.3 […]

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XRP price prepares for a massive liftoff amid Ripple plans for major central bank adoption

Ripple is planning to roll out XRP Ledger to central banks in support of CBDCs. XRP seems ready to break out beyond $0.4 following the formation of a falling wedge pattern. XRP price has been generally been stable over the last few days despite the drop to $0.25 which occurred mainly due to Bitcoin’s fall […]

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Ripple price recovery hits a massive barrier at $0.4 as technicals quickly turn bearish

Ripple recovered towards $0.4 but has been rejected due to the formation of a double-top pattern. The cross-border transfer token is banking on support at $0.30 to secure the uptrend and avoid a price dip to $0.25. Ripple is attempting to redeem itself after the multiple lawsuits it was forced to endure towards the end […]

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Ripple breakdown unstoppable, as declines to $3.5 beckon profusely

Ripple’s bearish leg has become stronger after ignoring a possible double-bottom pattern reversal. XRP/USD losses could extent to $0.35 but the buyer congestion at $0.4 may absorb the selling pressure. Ripple’s breakdown has been unstoppable ever since it hit a yearly high at $0.82. Selling pressure has continued to rise, shattering key tentative support levels, […]

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Ripple is the verge of tumbling from a high cliff; breakdown eyes $0.4

Ripple is on the verge of a breakdown to $0.4 if support at the 200 SMA on the 4-hour chart caves. XRP/USD is likely to invalidate the downtrend if it closes the day above $0.5 or the 200 SMA. Ripple is trading under intense overhead pressure, risking a massive freefall back to $0.4. Losing the […]

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Ripple on the brink of a 40% upswing as consolidation hits a tipping point

Ripple slides marginally under $0.6, but buyers rush in to save it from a massive drop to $0.3. XRP/USD potential breakout would elevate it to highs around $0.8 as consolidation ends. Ripple has corrected under $0.6 but is unlikely to extend the bearish leg further down. Closing the day on Monday under the 50 Simple […]

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