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Category: ripple technical analysis

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

January 22, 2021 , , , , , , Eddy 0

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

January 20, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

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

January 19, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

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

January 8, 2021 , , , , , , Eddy 0

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’s remarkable 291% rally in November in jeopardy as the chart prints this critical bearish pattern

December 1, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Ripple’s recovery hits a barrier at $0.7, giving way to an ongoing retreat. XRP/USD seems poised for a massive breakdown likely to retest support at the 100 SMA. Ripple soared massively in November, becoming one of the strongest cryptocurrencies in terms of rebound. The flash rise to $0.92 brought to light the possibility of XRP […]

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Ripple bulls outperform themselves in the rally past $0.6, is a pullback nigh?

November 24, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Ripple retreated after trading new yearly highs at $0.63 but is currently fighting to make a comeback above $0.6. XRP/USD is in bullish hands as reinforced by the golden cross pattern on the daily chart. Ripple is leaving only dust behind as the Launchpad rockets it to higher levels not seen since September 2018. The […]

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Ripple Price Forecast: XRP Must Hold This Support To Avert Plunging To $0.2

October 30, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Ripple is in grave danger of freefalling to $0.20 if the ascending channel support caves in. XRP/USD is mainly in the bears’ hands, especially with RSI moving towards the oversold area. The cross-border cryptocurrency has generally been in an upward momentum since the beginning of September despite the up and down price action within an […]

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