XRP/USD - Page 55
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Thread: XRP/USD

  1. #1
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    XRP/USD


    Ripple is a cryptocurrency platform, which is a currency exchange and remittance network by Ripple.


    Technical Analysis. forecasts,opinions, trading recommendations for XRP/USD

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  2. #541
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    Ripple during the trading yesterday morning bounced from areas of $0.3850 as a result of the pressure of the Bulls continued to rise to the areas of 0.4106 $. During this morning's trades, the downward trend line was breached but without certainty due to trading under the areas of $0.4106.


    Ripple we look at is neutral at the moment due to the lack of trading in a currently selected direction and also because of the lack of confirmation to penetrate the downward trend line on the hourly chart.


    It is expected that in the case of broken $0.3938 area may target the $0.3592 area. While in the case of penetration level $0.4090 may target $0.4461.


    Support: 0.3787-0.35-0.3373.
    Resistance: 0.4165-0.4366-0.4517.


    Direction: Neutral.


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  3. #542
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    Ripple during the trades yesterday morning failed to penetrate the downward trend line as a result of the pressure of sellers and then broke the areas of 0.3787 $. During the morning trades, the upward trend line was broken and continued to bleed up to 0.3664 $ areas. The currency is traded through a downward trend that supports this trend breaking the upward trend line Technical indicators are in a positive position to support this trend.


    It is expected that in the case of a broken $0.3600 zone may target the $0.3288 area. On the other side in the case of penetrability $0.3980 may target $0.4211.


    Support: 0.35-0.3373-0.3288.
    Resistance: 0.3787-0.4165-0.4366.


    Direction: Neutral


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  4. #543
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    Ripple bounced through the trades yesterday morning from the $0.36 areas as a result of the increasing demand for them thus rose up to the areas of 0.383 $. With currency failure to penetrate the resistance areas $0.3787 the encrypted currency has landed towards the $0.3702 areas.


    Ripple we look at is currently neutral as a result of not trading through a specific trend due to poor buyers resolve and weak vendor resolve. The currency crossed the downward trend line during the morning trades, but without confirmation, which supports our neutral view.


    It is expected that in the case of the $0.3605 zone, the $0.3288 area may be targeted. While in a state of breakthrough $0.3830 may target $0.3990.


    Support: 0.35-0.3373-0.3288.
    Resistance: 0.3787-0.4165-0.4366.


    Direction: Neutral


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  5. #544
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    Ripple during last Friday trades landed from $0.3930 levels up to $0.3740 areas and then bounced from these areas towards $0.4165 levels.Ripple is circulating in an upward trend currently, this trend is currently weakening as a result of the failure of penetration of $0.4165 resistance zones.


    It is expected that in the case of a broken $0.4027 zone may target the $0.3787 area. On the other side in the case of penetrability $0.4165 may target $0.4366.


    Support: 0.3787-0.35-0.3373.
    Resistance: 0.4165-0.4366-0.4517.


    Direction: Upward


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