Tag: XRPUSD

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Ripple Price (XRP/USD) Up 3%, Eyes Fresh Break Past $0.50

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Ripple price found support near the $0.4450 level and recently climbed higher against the US dollar. The price is now trading well above the $0.4600 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $0.4750 on the hourly chart of the XRP/USD pair (data source from Kraken). There were positive moves in bitcoin and Ethereum in the past few hours. Ripple price is showing a lot of positive signs against the US Dollar, just like bitcoin. XRP price is likely…

Ripple Price (XRP/USD) Trimmed Gains But Testing Crucial Support

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Ripple price rallied significantly above the $0.4500 and $0.5000 resistances against the US dollar. The price traded as high as $0.5087 before it started a sharp downside correction. There was a break below a key bullish trend line with support near $0.4650 on the hourly chart of the XRP/USD pair (data source from Kraken). Both Ethereum and bitcoin also corrected lower and are trading in a range. Ripple price trimmed most its recent gains against the US Dollar and bitcoin. XRP price is now trading near an important support and…

Ripple Price Analysis: XRP/USD Could Resume Decline Below $0.3000

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Key Highlights Ripple price is struggling to break the $0.3180 and $0.3240 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to move down below the $0.3000 and $0.2950 support levels. Ripple price is facing an uphill task against the US Dollar and Bitcoin. XRP/USD is likely to decline once again below $0.3000 as long as it is below $0.3100. Ripple Price Analysis After forming…

Ripple Price Analysis: XRP/USD Remains Sell Near $0.3200

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Key Highlights Ripple price fell heavily and broke the $0.3200 and $0.3000 support levels against the US dollar. There is a major bearish trend line in place with resistance at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains in a major downtrend and recoveries remain capped near $0.3100 and $0.3200. Ripple price is under heavy selling pressure against the US Dollar and Bitcoin. XRP/USD may recover in the short term, but upsides remain capped near $0.3200. Ripple Price Analysis The past few…

Ripple Price Analysis: XRP/USD Recovery Remains Capped Near $0.3500

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Key Highlights Ripple price declined sharply and traded towards the $0.3250 level against the US dollar. This week’s followed key bearish trend line is still active with resistance at $0.3420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to face a lot of hurdles near the $0.3420, $0.3465 and $0.3500 levels. Ripple price traded to new weekly lows against the US Dollar and Bitcoin. XRP/USD is likely to struggle to break the $0.3465 and $0.3500 resistance levels. Ripple Price Analysis There were…

Ripple Price Analysis: XRP/USD Buyers Facing Crucial Resistance

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Key Highlights Ripple price declined and revisited the $0.3380 support area against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.3500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3380 and $0.3360 support levels to bounce back in the near term. Ripple price is under pressure against the US Dollar and Bitcoin. XRP/USD needs to surpass $0.3500 and $0.3540 to gain bullish momentum. Ripple Price Analysis During the past few sessions, there were…

XRP/USD Bullish despite Dogecoin’s Founder Criticism

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Latest Ripple News Well, Jackson Palmer the creator of DogeCoin has had enough. He’s reverting back to basics, publishing an open source script that automatically blocks Twitter users that mentions XRP or Ripple in their bios, profile name or bio. After days of being pulverized by what he calls a wide “XRP and Army bot base”, the new script, XRP Away automatically blocks promoters of Ripple.  It is an extension of what was meant to deal with Ethereum scam bots that had terrorized Elon, Vitalik and a host of other…

Ripple Price Analysis: XRP/USD At Risk Of More Declines

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Key Highlights Ripple price failed to recover above the $0.3600 resistance level and declined against the US dollar. There is a major bearish trend line formed with resistance at $0.3550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently at a risk of a downside break below the $0.3400 and $0.3300 support levels. Ripple price remains in a bearish zone against the US Dollar and Bitcoin. XRP/USD could accelerate declines if sellers push the price below $0.3400. Ripple Price Analysis Yesterday, we discussed…

Ripple Price Analysis: XRP/USD Could Extend Decline To $0.3300

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Key Highlights Ripple price formed a high near the $0.4000 level and later declined against the US dollar. There was a break below a major connecting bullish trend line with support at $0.3610 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure and it could decline towards the $0.3380 or 0.3300 support. Ripple price started a downside correction against the US Dollar and Bitcoin. XRP/USD may continue to correct lower towards the $0.3300 support in the near term. Ripple Price Analysis…