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Rippleusd

Ripple Price Analysis: Can XRP Rally To $2 After $1.1 Holds? Ripple price loses over 7% of the accrued gains in 24 hours, revisiting support at $1.1. XRP must surmount the resistance at $1.4 and $1.6 to pave the way for an upswing to $2. The MACD could flip bearish anytime as the 12-day EMA crosses below the 26-day EMA. Ripple closed last week at $1.35, a move that had spurred investor interest and speculation for gains to $2. Nevertheless, a correction occurred with XRP losing some ground toward $1. Support at $1.1 plays a crucial role in ensuring that losses were mitigated, but data by CoinGecko shows that Ripple is trading 7.4% lower in 24 hours. Ripple Price Recoils After Support At $1.1 The cross-border money transfer token currently teeters at $1.2 as bulls focus on lifting above $1.4 in the near term. According to the Relative Strength Index (RSI), bulls could have salvaged the situation, preventing continued correction. Currently, the RSI, which follows the trend of an asset and measures its strength, is holding at 70. As it resumes movement into the overbought region, XRP is expected to lift higher. Intriguingly, the 50 Simple Moving Average (SMA) may cross above the 200 SMA in the coming sessions, as per the 12 hours chart. Although this indicator is not a golden cross, it often ascertains a move north. Therefore, it could trigger another firm bullish grip as buyers take on $1.4 and $1.6 barriers. It is worth mentioning that traders should be aware Ripple’s anticipated upswing may fail to occur, especially if the Moving Average Convergence Divergence (MACD) indicator flips bearish in the coming sessions. According to the exact timeframe, a sell signal is in the offing. The odds for an extended correction would increase as soon as the 12-day exponential moving average (EMA) crosses below the 26-day EMA. The MACD tracks Ripple’s trend and calculates its momentum. A move toward the mean line reinforced the bearish outlook. Hence, it is one of the most crucial trend indicators, especially when identifying entry and exit positions. Ripple Intraday Levels Spot rate: $1.21 Trend: Bullish Volatility: Expanding Resistance: $1.4 and $1.6 Support: $1.1 and $1
BITFINEX:XRPUSDLong
by CoinGape
2
XRPUSD short term view (15m)XRP formed a triangle pattern over the weekend which it fell through earlier today to find support around 1.206. Now trying to move back up I expect resistance to be found around 1.25, if this resistance holds, a move down to the 1.18 support seems inevitable, which if broken, could lead to a deeper pull-back to 1.09/1.10 levels. A break through 1.25 should send XRP up to the 1.30/1.32 level, which if broken would likely send price up to test the local high of 1.35. A break of 1.35 could send XRP on its way to test the long term 0.702 fib retracement level 1.53/1.55 (not visible on this chart).
BITSTAMP:XRPUSD
by quyverlander
XRP BREAKOUT AND RESISTANCEXRP/USD is moving in the bullish continuation pattern which has formed a good resistance for it. Furthermore, XRP/USD is breaking the falling wedge pattern, we foresee that XRP/USD has the possibility to continue moving upward to the target area. The roadmap will be invalid after exceeding the support or target level. 14 hours ago Recommendation: Always trade with the use of risk management signals. For more conclusions, we will appreciate your comments, likes and ideas. Trade safe and always use stop loss.
BITSTAMP:XRPUSDLong
by GerradFletcher
1
XRP - Ready to takeoff? Hi, this is my new update for XRP. We are in a critical moment right now either we are going to break the resistance 1.05$ or we are going to backtest the SMA100 and the support level 0.81$. XRP is one of the first coins to break both the SMA100 and SMA200, we are also in bullish momentum and we have RSI above 60 and that indicates we are in a bullish trend right now. If we break the resistance 1.05$ then we are going to test the next one around 1.20$, but if we get rejected then we are going to backtest 0.92$ or 0.81$. Be patient good things take time ;)
BITSTAMP:XRPUSDLong
by GOAT1375
XRP Price Explodes To $1 As Altcoins Surge XRP price extends the bullish leg, stepping above $1 for the first time since May. Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1. Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at $0.5 played a critical role in ensuring that losses did not explore levels toward $0.4 and $0.3, a move that may have paralyzed the bulls entirely. Subsequently, the persistent push from the bulls guaranteed that investor interest was sustained. Hence the massive buying pressure behind Ripple. Several barriers have been shattered so far, including the 200 Simple Moving Average (SMA), $0.8, and the three-month descending trend line. The latest boost being a break above the barrier at $1. At the time of writing, Ripple is teetering at $1.03 while bulls gaze at the short-term hurdle at $1.1. Trading above this level will elevate XRP to $1.2, thus paving the way for another run-up to $1.4. XRP Price Still In The Bulls’ Hands The short-term technical picture on the daily chart is highly bullish. Note that the Moving Average Convergence Divergence (MACD) extended the bullish outlook above the mean line. Moreover, a buy signal presented in July reinforces the bullish grip on the price. As long as the MACD keeps rising, we expect Ripple’s up-trending market to remain intact. Similarly, the SuperTrend indicator recently sent a signal for traders to consider buying XRP. This technical index follows the trend of an asset like a moving average but incorporates the average true range (ATR) in its calculations, thus gauging market volatility. The buy or sell signals presented by the SuperTrend are supposed to help traders identify the long-term trend of an asset and mark entry and exit positions. With the buy signal in place, Ripple has the potential to keep rising in the near term. Hence, support above $1 and perhaps a break past $1.1 will bolster the token significantly toward $1.6. Ripple Intraday Levels Spot rate: $1.03 Trend: Bullish Volatility: Low Resistance: $1.1 and $1.2 Support: $1 and $0.8
BITFINEX:XRPUSDLong
by CoinGape
2
XRP - Spike incoming?XRP has a history, at least since July 2020, of explosive runs after the 1D 20MA crosses above the 1D 50MA, and it usually begins from a relatively high position on the RSI between 50 and 60 and the MACD MAs above the zero line. In the case of the most recent cross, it occurred with the RSI at 59 and the MACD MAs above the zero line, so this current structure, if I can call this current confluence of factors a structure, is completely consistent with past price spikes. These spikes have resulted in gains from 73% to 260% from the time when the event occurred. Could we be seeing a similar breakout occur now? Let me know what you think.
BITTREX:XRPUSDLong
by Crypto-Swing
11