Ripple price started an upside correction above the $0.2600 resistance against the US dollar. The price is facing a strong selling interest near the main $0.2650 resistance area. Yesterday’s highlighted major bearish trend line was breached with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is…
Few crypto tokens or altcoins have been affected by the crypto bear market than XRP, also known as Ripple. Even though Bitcoin and many others have regained much of their lost all-time high value, XRP is still down over 93% from its $3.84 price record. Investors have grown increasingly bearish on XRP, and many expect…
Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0.2500. Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source…
Recently, the crypto market fear and greed index hit its lowest point in history, despite Bitcoin price trading above $10,000 and at that point had yet to break down. The fear was mostly driven by altcoin holders who have been selling any remaining bags at a substantial loss at an alarming rate. While even altcoins…
Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar. Bitcoin price is down around 5% and Ethereum price declined close to 10%. There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).…
XRP – the cryptocurrency that is closely associated with the FinTech company Ripple – has faced a significant amount of bearish volatility as of late, which many analysts believe has been caused by Ripple selling a large amount of tokens onto the markets each quarter. Brad Garlinghouse, the CEO and founder of Ripple, is now…
Ripple price is struggling to climb higher above the $0.2750 and $0.2800 resistances against the US dollar. Bitcoin price failed to climb above the key $10,500 resistance level and declined recently. A major bullish trend line with support near $0.2670 is at risk on the hourly chart of the XRP/USD pair (data source from Kraken).…
Ripple price is holding the $0.2650 support and is correcting higher against the US dollar. Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area. There is a key major bullish trend line with support near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…
Ripple price started an upside correction after trading as low as $0.2580 against the US dollar. Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250. Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The…
Ripple price is following a bearish path and it recently broke the $0.2700 support against the US dollar. Bitcoin price is down around 8% and it settled below the key $10,000 support area. There is a major declining channel forming with resistance near $0.2680 on the hourly chart of the XRP/USD pair (data source from…