Xrpusdshort
XRP/BTC TA Update (Bottom at 2560 sats?)XRP/BTC
XRP may have temporarily found new support at 2560 sats area and currently testing the 12 Daily EMA dynamic resistance. If XRP can maintain this level of support in the coming days,
I would expect the price to further gain upside up to the 26 EMA or the downward trend-line resistance before retesting back to form a Higher Low if Bulls can hold the 0.786 Fib level.
XRP (XRPUSD) Market Outlook | Daily Crypto Market BreakdownSimilar to BTC I feel that we are going to be falling lower soon. If XRP fails to break and close above 0.20 then I feel we could fall back down to 0.15 It is still to early to tell. I will update everyone if I see any changes in market conditions!
Do You Want to Buy XRP at a Discount ?PrimeXBT is here again with another technical analysis breakdown, and today we are taking a look at XRPUSD.
News and Fundamental Analysis:
Fintech startup Ripple announced the launch of a new project called “xSongs”, which allows musicians to sell their work for XRP on a special platform. Payment is made through the Payburner integrated payment system.
At the time of writing, XRP is trading at $0.18, which is the lowest price the token has traded at since early-November 2017, which represents a painful 95% decline from its all-time highs.
Technical Analysis:
2019 was definitely not the year to buy XRP’s many dips. The third-largest cryptocurrency just kept spiraling down without showing any signs of reversing its strong downtrend.
If the trading volume doesn't increase in the short-term, bears will continue to push XRP's price to its next support zone, which is the best location to place buy orders.
RSI is clearly oversold.
Support Zone: $0.156 - 0.126
Resistance Zone: $0.23
Market Cap: $8 617 420 343 USD
Volume (24h): $1 919 553 863 USD
Circulating Supply: 43 310 265 523 XRP
Watch closely for our future updates to be the first one to get well-timed trading signals!
Best of luck with your future trades!
XRP to move to $0.12In this present moment, we are witnessing Ripple decline which was pretty much the trend this year. From a techncial standpoint, price is showing potential to continue it's decline to $0.12 where we will meet a solid point of support. Should price move to this zone, we will review it again for a sense of direction.
XRP Fibonacci retracementXRP has retraced a lot from its previous ATH, is it time we see a spark that ignites a new bull run? Price is currently stuck in a LONG downtrend, with multiple tests of the resistance line. Currently the price is sitting on the support line of the trend and anything in this range of 15 - 18 cents is a bargain. Hopefully we see something change this trend for XRP.
XRP/USD Remains In DowntrendRipple’s XRP has crashed below $0.2200 and touched $0.2089 during early Asian hours. The digital coin is down over 2% in recent 24 hours.
Right now the price is floating below the H4 100-day and 50-day SMAs curves. The daily RSI indicator has stays inside the oversold zone, while the MACD indicates increasing bearish momentum, following a period of convergence.
A sustainable move below $0.2100 may trigger a sell-off towards November 25th low at $0.2033 which is our nearest target.
The first resistance is created by psychological $0.2200, followed by $0.2250 (the middle line of 4-hour Bollinger Bands and 50 SMA). We prefer the bearish scenario till the pair still trading bellow 0.2500.
XRPUSD reversed from resistance, potential drop!
XRPUSD reversed off its resistance at 0.22278 where it could potentially drop further to 0.20000.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Back to 2016 price coming to xrp near youBroken support, XRP won't hold it any longer at this high price. XRP is useless for big banks, unprofessional David schwartz (take a look at this twitter)
All big banks will use their own ''coin'' Ripple is too late. They had plenty of time but decided to waste their time on useless companies. Take the L moonboys. Won't ever reach .50 again.
It is a classic chart just take a look at the ''deutsche telekom ag stock'' than come back here.
XRPUSD reversing, potential drop!
XRPUSD reversed off 0.22133 where it could potentially drop further to 0.20000.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
XRPUSD : could drop below 0.14$ soonXRPUSD is trading in a downtrend channel on a Monthly timeframe.
XRPUSD rejected monthly resistance at 0.325$ in the Month of October and printed a bearish candle last month.
Bitcoin is bearish at this moment and could drop below 6000$ in the coming weeks, Bitcoin dominance could increase during bitcoin drop - which can also initiate a further drop in XRPBTC Value.
Drop in Bitcoin value, and XRPBTC Value could push the XRPUSD value down, and it may retest monthly support around 0.14$.
0.14$ acted as strong support for XRPUSD in 2017 When price managed to hold this support for six months.
Anything Below 0.14$ is a very good buy for XRPUSD for investment-wise.
As of now, a Very good chance for ripple to drop around 0.13-0.15$ area.
XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.23377 where it could potentially rise further to 0.20000.
Trading CFDs on margin carries high risk.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.