Category: XRP Analysis

Ripple Price Analysis: XRP Surges 10% Daily but Faces Critical Support Against Bitcoin

Ripple Price Analysis: XRP Surges 10% Daily but Faces Critical Support Against Bitcoin

XRP/USD – XRP Hits 50-day MA. Key Support Levels: $0.6, $0.556, $0.5. Key Resistance Levels: $0.69, $0.71, $0.77. XRP was trading inside a descending price channel since the start of June. However, the coin finally managed to break toward the upside last Thursday and hit the 20-day MA around $0.6 on Friday. Over the weekend, […]

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Crypto Price Analysis & Overview July 9: BTC, ETH, XRP, ADA, SOL

Crypto Price Analysis & Overview July 9: BTC, ETH, XRP, ADA, SOL

Bitcoin After another volatile week, Bitcoin is currently down 2% on the weekly. BTC rebounded from $33K on Monday and pushed higher to meet the upper angle of a symmetrical triangle pattern, as seen on the charts below. Unfortunately, BTC could not break out and quickly rolled over from there into $33,520 support on Tuesday. […]

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Crypto Price Analysis & Overview July 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, & Polkadot

Crypto Price Analysis & Overview July 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, & Polkadot

Unfortunately, we had another week of particularly choppy price action where most of the cryptocurrencies are trading in the red. Ethereum is an exception with a rather insignificant gain over the past seven days. Bitcoin Bitcoin is down a total of 4.7% over the past week as it breaks back beneath $33,000. The cryptocurrency started […]

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Ripple Price Analysis: XRP Slides Back to $0.65 After Failing to Break Out

Ripple Price Analysis: XRP Slides Back to $0.65 After Failing to Break Out

XRP/USD – XRP Stalled By June Downward Sloping Trendline Key Support Levels: $0.6, $0.556, $0.5. Key Resistance Levels: $0.7, $0.781, $0.8282. XRP looked promising last week after bouncing off the 2019 highs around $0.55 and heading higher. It went on to break $0.6 and pushed higher to meet the resistance at $0.7. The support there […]

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Ripple Price Analysis: XRP Bulls Back in Business With 15% Daily Surge, What’s Next?

Ripple Price Analysis: XRP Bulls Back in Business With 15% Daily Surge, What’s Next?

XRP/USD – XRP Attempting Break Of June Downtrend Key Support Levels: $0.6, $0.556, $0.5. Key Resistance Levels: $0.7, $0.781, $0.8282. XRP found support at the 2019 highs of $0.556 last week. Since then, XRP has rebounded and established support at $0.6. The cryptocurrency has been trading beneath a descending trend line since the start of […]

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Crypto Price Analysis & Overview June 18th: Bitcoin, Ethereum, Ripple, Cardano, & Solana

Crypto Price Analysis & Overview June 18th: Bitcoin, Ethereum, Ripple, Cardano, & Solana

The last week was rather challenging for altcoins as most of the major ones are trading in the red. Bitcoin managed to pull ahead a bit, which also resulted in an increase in its market dominance. Bitcoin Bitcoin is up by a very small 2.8% over the past week as it currently trades at $37,900 […]

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Ripple Price Analysis: XRP Bulls Battle To Defend 2020 Highs, These Are The Levels to Watch

Ripple Price Analysis: XRP Bulls Battle To Defend 2020 Highs, These Are The Levels to Watch

XRP/USD – XRP Battling To Defend 2020 Highs Key Support Levels: $0.828, $0.8, $0.75. Key Resistance Levels: $0.92, $1.00, $1.05. Last week, XRP fell beneath an ascending triangle pattern after dropping below $1.00. Over the course of the week, XRP crashed to $0.8 but has battled to close each daily candle above the 2020 high […]

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Crypto Price Analysis & Overview June 11th: Bitcoin, Ethereum, Ripple, Polkadot, & Matic

Crypto Price Analysis & Overview June 11th: Bitcoin, Ethereum, Ripple, Polkadot, & Matic

It was a rather unfortunate week for the entire cryptocurrency market as most of the coins are trading in the red. Bitcoin is no exclusion, though it’s the one the best performer, relatively speaking, compared to major altcoins. Bitcoin Bitcoin is down by a small 4% over the past week as it currently sits above […]

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