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Xrpusdanalysis

XRPUSDSpeculative price range for XRP/USD is 0.85000 to 1.42000. Ripple has not been able to create a violent trend upwards and maintain it the past two months. While other major cryptocurrencies are challenging highs, XRP/USD has maintained a rather middling area within its 3-month charts. If current support near the 1.05000 level falters and trading were to drop below the 1.00000 and become sustained this would be a bearish signal. Ripple does tend to correlate to the major cryptocurrency market with reactive moves. If the broad market were to become suddenly nervous and XRP/USD is pressured, it is conceivable a test of the 90 cents mark which was challenged in late September could unfold again. However, if XRP/USD maintains the 1.10000 support level and buying remains strong, speculators may continue to target the 1.18000 to 1.20000 marks. If Ripple can maintain its current upwards mobility and the broad cryptocurrency market stays positive, there is plenty of reason to suspect the 1.22000 high of October could be surpassed in November. Sustaining values above the 1.20000 for a solid duration of time could be a bullish indicator for XRP/USD. Traders should not get overly ambitious with Ripple. Yes, it can produce solid percentage changes in value, but its price range has also demonstrated a rather comfortable stance. Traders pursuing upside or downside momentum within XRP/USD should use take profit and stop loss orders which do not reach for the moon, particularly if a large amount of leverage is being used. Ripple remains an important cryptocurrency, but one that trades in a rather sedate manner compared to some of its other more speculative counterparts.
BYBIT:XRPUSD.P
by SmoothJB
XRP/USDT 1HOUR UPDATEWelcome to this quick xrp/usdt analysis. I have tried my best to bring the best possible outcome me in this chart. Reason of trade :- XRP/USDT Broke out of trend line... Entry:-cmp or more in dip Traget:- T1:- $1.17 T2:- $1.19 T3:- $1.22 T4:- $1.24 Stoploss:- $1.11 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
XRP Rejection From $1.2 Closes In On $1 As More Declines Beckon XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2. The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1. Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower prices allowed more buyers to come, thus lifting the token above $1. Bulls have their eyes glued on $1.4, but the barrier at $1.2 and $1.1 currently limit their efforts. XRP Price Faces Short-term Resistance At the 100 SMA Ripple trades around $1.09 at the time of writing. This follows a rejection from $1.2, as mentioned. The 100 Simple Moving Average (SMA) emphasizes the immediate resistance. If bulls do not recover above this level, and by extension $1.1, overhead pressure is bound to increase, leading to more losses to $1. The Moving Average Convergence Divergence (MACD) adds credence to the bearish outlook. A sell signal will likely confirm in the incoming sessions. It will manifest as the 12-day Exponential Moving Average (EMA) crossed below the 26-day EMA. The odds for a further breakdown will soar if the MACD moves to the mean line and crosses into the negative region. Note that the Relative Strength Index (RSI) validates the sellers’ grip on Ripple. This technical index follows the trend of the asset and calculates the strength. A continuous downward movement shows that sellers have the upper hand. Traders should be on the lookout for more action under the midline, which will add weight to the pessimistic narrative. On the upside, Ripple must reclaim the position above the 100 SMA on the 12-hour chart and $1.1 to resume the uptrend. A move such as this will confirm to the investors that the token has what it takes to sustain an uptrend to $1.4 in the near term. Ripple Intraday Levels Spot rate: $1.09 Trend: Bearish Volatility: Low Support: $1.05 and the 50 SMA Resistance: The 100 SMA and $1.2
BITFINEX:XRPUSDLong
by CoinGape
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