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Author Topic: Ripple Price Analysis  (Read 1750 times)

Offline CebuBitcoin

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Ripple Price Analysis
« on: September 21, 2018, 09:04:24 AM »
Ripple bounced sharply from $0.27 on September 18 and broke out of the 20-day EMA. Currently, it is facing resistance at the 50-day SMA.


If the bulls break out of the 50-day SMA, the next resistance is at $0.37390. The downtrend line is also located just above this level. If the XRP/USD pair sustains above the downtrend line, we can expect the trend to change from down to up.

If buying dries up at higher levels, the virtual currency might spend some more time inside the range of $0.27–$0.37390. Though the bounce from the lows is a positive development, we shall wait for additional evidence before suggesting any trades on it. 

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Ripple Price Analysis
« on: September 21, 2018, 09:04:24 AM »

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Offline Ambu

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Re: Ripple Price Analysis
« Reply #1 on: December 19, 2018, 06:16:14 PM »
Ripple price was declined $0.2 but now it's started to recover at the moment Ripple price is $0.37 this is good move of this week in fact Ripple performance is very well in the dull situation Ripple price is last 24 hour up by +11% last 24 hour up by +21%

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Offline CebuBitcoin

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Re: Ripple Price Analysis
« Reply #2 on: December 20, 2018, 05:12:21 AM »
The recovery in Ripple has cleared the 20-day EMA and is facing resistance at the next overhead resistance of $0.4. The 50-day SMA is also located close by, so we anticipate a minor pullback or a consolidation at this level.

Source: https://cointelegraph.com
« Last Edit: January 09, 2019, 04:14:25 PM by CebuBitcoin »

Offline CebuBitcoin

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Re: Ripple Price Analysis
« Reply #3 on: December 22, 2018, 01:23:50 PM »
The pullback in Ripple has been facing selling pressure close to the overhead resistance of $0.4 for the past two days. We have been expecting a minor correction or a consolidation at this level and that is what has happened.

Source: https://cointelegraph.com
« Last Edit: January 09, 2019, 04:14:02 PM by CebuBitcoin »

 

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