. RIPPLE/EURO is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
. There is a...
While XRP was up over 90% early this week, We have seen the value drops towards lasts week values. Last support of $0.44 until we go back towards $0.35 (Blue Area).. When we reach this point we could shoot towards $0.30..
XRP, the cryptocurrency commonly referred to as Ripple, surged as much as 22 percent, taking its one-week increase to more than 75 percent. The Bloomberg Galaxy Crypto Index jumped 8.7 percent, heading for its biggest one-day gain since mid-July.
Ripple may launch a service that will use the digital currency “in the next month or so,” one of Ripple’s executives...
XRP hit the 200MA and is starting to pullback, we could see a test of $0.50. XRP has risen over 45% in the last two days which it hasn't really seen these gains since the Bull Run of January this year.
After a 20% gain on Tuesday, XRP still has buying power and is forming a rising wedge, Red line is resistance on the 1HR closure candle, a closure above this level and we could see $0.35 which is another resistance. If we break below the wedge we should see support on $0.31.
After XRP hit the 50 day MA we could see a possible retest of this area and a possible spike towards $0.35 if we stay above the Resistance of $0.32, If we do not stay above we could head towards $0.29..
As XRP bounces from resistance $0.284 and support $0.252, we have two ways we could go, if we break either way we will shoot towards the next support which is a major on at $0.20, which i predict this is the way we are going to go.
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After Hitting a resistance of $0.24 they was a small bounce but by end of this week we will be retesting this area once again, We have to understand that until we reach key areas of price we will not be seeing a uptrend anytime soon. $0.20 is in play and for XRP that is a HUGE support.
Tight consolidation after the impulse move to 5700 sats. Broke to the upside - now looking at 6500 as the AB=CD measured move. Lines up with the next obvious swing high too (i.e. stops above = liquidity).
. RIPPLE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
. There is a possibility of temporary...