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Author Topic: XRp/USDT  (Read 1119 times)

Offline CebuBitcoin

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XRp/USDT
« on: October 02, 2018, 02:18:08 PM »
Ripple continues to consolidate in the range of $0.425–$0.625. The bulls attempted to break out of this range on September 30, but failed. Nevertheless, as the price has sustained above $0.583, it triggered our buy proposal.


Currently, the price has turned down from the overhead resistance. The 20-day EMA is likely to act as a strong support. If the bears break down of this support, the XRP/USD pair can decline to $0.4255.

The digital currency will pick up momentum above $0.625. As both moving averages are trending up and the RSI is close to the overbought zone, we suggest traders hold their long positions with the SL at $0.42.

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XRp/USDT
« on: October 02, 2018, 02:18:08 PM »

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Offline Crypto

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Re: XRp/USDT
« Reply #1 on: October 04, 2018, 05:25:51 PM »
Ripple (XRP) is up 1.3 percent to trade at $0.53. Earlier today, Cointelegraph reported that the Ripple-powered consumer payments app “MoneyTap” went live for Japanese users Oct. 3. The new product has been developed together with SBI Holdings, and is initially available for account holders at three major Japanese banks.

Ripple saw unprecedented growth in September, when it briefly outflanked Ethereum to claim the second spot ranking on CoinMarketCap listings. Today, however, Ripple’s weekly chart is almost one percent in the red. On the month, Ripple remains up an impressive 62.6 percent.

Source: https://cointelegraph.com/news/crypto-markets-see-modest-growth-across-the-board

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Offline Nikko

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Re: XRp/USDT
« Reply #2 on: October 05, 2018, 12:46:33 PM »
Ripple is currently in the center of the range of $0.4255–$0.625. The 20-day EMA is a strong support, below which the cryptocurrency can drop to $0.4255.

A consolidation after a sharp run-up is to be expected. The XRP/USD pair might resume its uptrend if it breaks out and sustains above $0.625.

Both moving averages are sloping up and the RSI is still in the positive territory, which is a bullish sign. Therefore, the traders can hold the long positions with the stops at $0.42.

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Offline Ozark

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Re: XRp/USDT
« Reply #3 on: October 05, 2018, 12:57:23 PM »
Hello, Nikko! I think it would be best after presenting the price specs you should make a recommendation; is it time to buy and hodl, or wait for more time? Well, anyway, thank you.

Offline MaluWang

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Re: XRp/USDT
« Reply #4 on: October 06, 2018, 05:01:39 AM »
Yes, that's a good idea. I do not know how to speculate prices of cryptos so I think it is good after one did a speculation he must share his thoughts and/or recommendation whether it's good to buy or wait for some more time.

Offline Crypto

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Re: XRp/USDT
« Reply #5 on: October 11, 2018, 04:10:54 PM »
Ripple is unable to climb above the 20-day EMA, which is a negative sign. It has a minor support at 61.8 percent Fibonacci retracement levels of $0.45832, below which, it can fall to $0.4 and lower.


The short-term moving average has turned flat and the RSI has dipped below 50 levels, showing that there is selling pressure in the near-term. Unless the bulls quickly push the price above the 20-day EMA, a fall to the 50-day SMA is imminent.

The XRP/USD pair will show signs of strength above $0.55 and the uptrend might resume if it sustains above $0.625. Traders should protect their positions with the stops at $0.42.

Source: https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-stellar-litecoin-cardano-monero-tron-price-analysis-october-10

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Re: XRp/USDT
« Reply #6 on: October 13, 2018, 05:42:55 PM »
Ripple broke below the support at $0.4255 on Oct. 11, triggering our stop loss. The price nosedived below the 50-day SMA and found support close to the 78.6 percent retracement level.

On the upside, the zone between $0.4255 and the 20-day EMA will act as a strong resistance. The 20-day EMA has started to turn down and the RSI is in the negative zone, which shows strong selling pressure in the short-term.

If the bears break below Oct. 11 intraday lows, the XRP/USD pair might plunge to $0.26913, completing a 100 percent retracement of the recent rally. The first sign of strength will be a move above the downtrend line.

Source: https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-stellar-litecoin-cardano-monero-tron-price-analysis-october-12

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Re: XRp/USDT
« Reply #6 on: October 13, 2018, 05:42:55 PM »


Offline Adrian

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Re: XRp/USDT
« Reply #7 on: October 22, 2018, 06:15:14 AM »
The second best-performing cryptocurrency that is showing almost double-digit growth is Ripple, which has been in the news this whole month. Cory Johnson, chief market strategist at Ripple Labs has suggested that the White House might be interested in pushing XRP adoption, to counter China’s dominant position in the Bitcoin mining industry.

On Oct. 17, the Bill and Melinda Gates Foundation Deputy Director and Principal Technologist Miller Abel announced a partnership with Ripple Labs Inc. and digital payments firm Coil. With several positive news to help the price action, Ripple has made a small comeback this week. Can this continue or will the coin give up its recent gains?

Source: https://cointelegraph.com/news/top-5-crypto-performers-overview-stellar-ripple-neo-cardano-eos

 

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