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Thread: XRP/USD

  1. #1
    Administrator RoboForex Administrator's Avatar
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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. #451
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    Ripple during the trades yesterday morning bounced out of the $0.3067 areas and continued to rise to the areas $0.3120 achieved during the middle of yesterday trades. Since then the time has been poorly traded in a very narrow range.


    Ripple is traded in a transverse direction between the upper and lower sides of a classic symmetrical triangle model and the technical indicators emphasize our point of view.


    It is expected that in case of breaking the $0.3067 area may target the $0.2966 area. While, in case of breach level $0.3106 may target $0.3288.


    Support: 0.3008-0.2942-0.2855.
    Resistance: 0.3203-0.3388-0.35.


    Direction: Neutral


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  3. #452
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    Ripple During the last evening trades penetrated the upper side of the classic symmetric triangle model, as a result of the pressure of the Bulls and continued to rise to the 0.3250 $ areas. Due to the effectiveness of buyers ' resolve the currency failed to penetrate the $0.3203 resistance level.


    Ripple we look at is currently neutral as a result of not trading in a specific direction and trading through $0.3196 levels: $0.3085. Currently, it retests the upper rib of the symmetric triangle model that was hacked yesterday.


    It is expected that in case of breaking the $0.3080 area may target the $0.30 area. On the other side in case the $0.3203 level may target $0.3288.


    Support: 0.3008-0.2942-0.2855.
    Resistance: 0.3203-0.3388-0.35.


    Direction: Neutral


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  4. #453
    Registered user nadezhda84's Avatar
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    The current rate in XRP-USD is 0.3089$. The trend is not clear. For instance, during yesterday, a strong candle was drawn that reached 0.324 USD. However, now the price is again below 0.31 USD. I believe in the earlier forecast that XRP will eventually go upside, and it is reasonable to keep a bit of XRP in your pocket, as long as you follow money management guidelines.

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  5. #454
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    Ripple landed during the trades yesterday from $0.3185 areas as a result of pressure from the sellers, and continued to bleed until $0.3052 areas and failed to break the $0.3085 areas as a result of the bear's torque.Ripple is not new and continues to be traded between $0.3196 areas: $0.3085 So our view of it is still neutral.


    It is expected that in case of breaking the $0.3080 area may target the $0.30 area. While, in case of breach level $0.3147 may target $0.3234.


    Support: 0.3008-0.2942-0.2855.
    Resistance: 0.3203-0.3388-0.35.


    Direction: Neutral


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  6. #455
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    Ripple is not moving up so much, it is likewise not having the power to break below my trendline support point. I will be looking for more buy opportunity as long as it can not break the trendline support point. My trendline support point is now situated at 0.3077, it is not so strong as the market price is near to it. But i will sustain my bullish tone when the Ripple can sustain the bullish candlesticks pattern on the 4 hour time frame today.


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  7. #456
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    XRP/USD cross the bearish trend line current rate of XRP/USD is 0.3171 heading towards the resistance level at point 0.3218 according the technical indicator RSI the price is touching the level 70,now ripple is in very strong position to go further up side,take buy entry on breakout .
    Screenshot_4.png

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  8. #457
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    Ripple since trading on Wednesday and so far traded in a specific range and fail to penetrate $0.3203 resistance as a result of weak buyers ' resolve.


    Ripple we look at is currently neutral as a result of not trading in a currently defined direction and continuing trading between $0.3196 areas: $0.3085.


    It is expected that in case of breaking the $0.3145 area may target the $0.3085 area. On the other side in the case of the $0.3225 level may target $0.3388.


    Support: 0.3008-0.2942-0.2855.
    Resistance: 0.3202-0.3388-0.35.


    Direction: Neutral


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