Day: July 26, 2019

Ripple Price (XRP) Signaling Another Failed Upside, Down 4%

boss

Ripple price corrected above $0.3200, but failed to continue higher against the US dollar. The price tested the $0.3240 area and recently started a fresh decline below $0.3200. There was a break below a contracting triangle with support near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is currently under pressure and it might decline further below $0.3080. Ripple price is likely back in a bearish zone against the US Dollar and bitcoin. XRP price is again at a risk of more losses…

Ethereum Price (ETH) Correcting Gains, Another Dip Before Higher?

boss

ETH price climbed higher recently above $220 before starting a downside correction against the US Dollar. The price traded as high as $226 and recently declined below the $220 support area. There is a short term declining channel (may be bullish flag) forming with resistance near $218 on the hourly chart of ETH/USD (data feed via Kraken). The pair might decline towards the $210 support level before it could bounce back. Ethereum price is currently correcting gains versus the US Dollar, and bitcoin is back below $10,000. ETH price might…