By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The XRP is recovering on May 21 after the previous selloff, trading around $0.4013. Long term wise, after getting to the bottom at $0.2780, the crypto started trading sideways near $0.4540. On H4, the price is testing the ascending channel support, which may […]
Tag: xrpusd
XRP Price Analysis – XRPUSD Struggling to Recover
By Dmitriy Gurkovskiy, Chief Analysis at RoboForex XRP is recovering Friday after the Thursday’s plunge, trading at around $0.2996. On H4, the downtrend reached the long term support, with the price ready to go further down after the test. Currently, the downside momentum has increased, and the XRP is trying […]
XRP Price Analysis – XRP/USD Up Again
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex XRP is rising again on Friday, currently trading at around $0.3689. On H4, there’s an uptrend representing a midterm correction against the latest downside movement. The correction trend approached 38.20% Fibo, or $0.3850, and is now heading to 50%, or $0.4184. Meanwhile, the […]
XRP Price Analysis – XRPUSD Continues Falling
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The XRP is under pressure Tuesday, trading around $0.3030. On H4, the price left the triangle by breaking out the support. The downtrend may last for long, with the first target at the fractal support of $0.2940 and the major one at $0.2630, […]
XRP Price Under Pressure Again
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex XRP is going down and trading at $0.3139 on March 12. On H1, the price is still forming a consolidation triangle as a part of an ascending channel after the long term resistance breakout. The consolidation is lasting long, which means the momentum […]
Ripple Struggling against Rumors, XRP Not Sure Where to Go
Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex After an eventful week, the XRP is slightly going down on Feb 1, Friday, trading around $0.3084. The crypto has been going down for over a month, with large moves and tight ranges taking turns. When the price reached $0.2772 and the MACD […]
XRP Price Holding Support at $0.36 – Less Than 24 Hours Left in 2018
We are coming to the last stretch for 2018. For people in the United States there are less than 24 hours left before the New Year. At this point we can safely say that the $589 EOY prediction for XRP is not going to happen. At the time of writing […]
XRP Price Down as Markets Turn Sour Once Again
Ever since Christmas eve, cryptocurrency markets have been changing directions every single day. After peaking at $0.44 earlier this week, XRP has been looking for support ever since. Currently XRP is trading at $0.36, down roughly 3% in the past 24 hours. Other than a huge price spike of over […]
XRP Price – Market Frozen In Time
The past 24 hours have been extremely boring when it comes to XRP and cryptocurrency markets overall. The global market cap remains at $127 billion and it looks like the market is frozen in time. New Years is coming up next week and it is likely the market is waiting […]
XRP Price Testing Support – eToro Wallet Integration Criticized by the Community
With Christmas over, cryptocurrency markets at at a standstill. Traders are on the sidelines waiting for the next move. With New Year coming up, the sentiment is hopeful. However, as of right now there isn’t much momentum in either direction. XRP is staying above the $0.36 support but the real […]
XRP to Correct After a Rise
After rising heavily earlier this week, XRP is now correcting, heading down. On Xmas, Dec 25, the coin is trading around $0.3903. On H1, the ascending trend reached 61.80% Fibo, and may then continue rising to reach 76.00%, or $0.4936. However, the MACD is converging, meaning the price is likely […]
XRP Price Down 13% – “Merry Christmas” Turned to “Bah Humbug”
Early Monday started off with a “Merry Christmas” and ended with a “Bah Humbug”. After sustaining significant bullish momentum earlier in the day and rising over 20% in price, the cryptocurrency market decided to pull back come Christmas. Most cryptocurrencies are seeing red, in fact, every single cryptocurrency in the […]
XRP Price – Insane 20% Gains Amid Binance Announcement
The last week of December is starting off on a positive note as XRP and most other cryptocurrencies are seeing significant gains. Specifically, XRP is up over 20% currently trading at $0.44. XRP is the biggest gainer out of the top 10 cryptocurrencies, which isn’t entirely surprising. Why Is XRP […]
XRP Price – Resistance Broken, Is $0.40 Next?
The XRP price has been on quite a rally the past few days. It was only two days ago that the price was at $0.29, as the crypto markets bounced upwards XRP price followed rising by over 25%. With the resistance at $0.36 broken, what does the future hold for […]
XRP Price – Can Support Hold at $0.35?
XRP has been on quite a rally for the past two days. After hitting a low of $0.28, the price jumped over 15% in a single day all the way to $0.33. Today the asset bounced off the support line and only a few hours ago XRP jumped another 5% […]