Ripple has its sights set on the Resistance Zone at a price range of $0.715 to $0.75! We're currently breaking out from the Bull Channel to the upside. Do we long now? How do we trade this? 🤔 If you're going to long, Do it at the close of this 4HR candle in 30 Minutes! The best place to long would have been a couple of candles ago when the price was at $0.63...
Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through? How do we trade this? 🤔 XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar...
Ripple should continue the header it started from the high of wave (iv) in blue, diving into the turquoise zone between $0.3747 and $0.1720. To complete wave (c) in magenta, the altcoin should even sink below the support at $0.2874 before bobbing up again. There is a 35% chance, though, that Ripple could reject another bath and climb above the resistance at...
Past Performance of Ripple Like the rest of the market, Ripple is under pressure, pulling back from H1 2023 highs. XRP is currently down 13% from this week's highs. Considering the formation in the daily chart, the coin might continue plunging in the days ahead, an opportunity for aggressive traders. #Ripple Technical Analysis Even though trading volumes are...
Past Performance of Ripple Ripple is bullish when writing, trading above $0.50, and the middle BB when writing on April 12. However, the momentum has since reduced, and buyers must sustain the uptrend. As it is, the wide-ranging bull bars of March 25 to 29 define the medium-term trend. #Ripple Technical Analysis In the short term, the April 3 bear bar anchors...
Past Performance of Ripple The uptrend remains when writing, but XRP is down, retracing from recent peaks at $0.58. There are fundamental drivers behind this leg-up. Whether Ripple, the company, will emerge victorious, XRP could float to as high as $0.70 in the weeks ahead. For now, XRP is recoiling from a key reaction point, and there needs to be a push higher...
Past Performance of Ripple Ripple prices remain suppressed, as visible in the daily chart. Although there are gains, buyers are not fully in control. The overall trend is upward from the XRP candlestick arrangement from December to January 2023. Nonetheless, the coin is currently within a bull flag, as has been the case after XRP peaked in January. The lower lows...
Past Performance of Ripple XRP prices are lagging the market and are yet to clear above current liquidation levels. The trend remains bullish, and the coin has been edging higher in the past few trading days. The immediate resistance line is $0.42, while the support is $0.36. If the uptrend is to hold, the coin must break above February high convincingly. ...
Past Performance of Ripple Ripple prices dropped from January and Q1 2023 highs on January 30. The coin is down eight percent from the liquidation level at around $0.42. Following yesterday's losses, XRP prices are back to the middle BB in a retest to the dynamic support. For the uptrend to remain valid, prices must hold steady above the $0.38 and $0.40 zone. ...
Past Performance of Ripple Ripple is relatively higher, tracking the rest of the crypto markets. Even though there are weaknesses and rejection from the liquidation line, XRP buyers are in control. As it is, the coin may breakout to register new Q1 2023 highs in the days ahead. #Ripple Technical Analysis The immediate resistance is at $0.42. Buyers may be...
Past Performance of XRP XRP is, compared to BTC, underperforming. The coin is within the November 8 and 9 bear trading range at spot rates. Besides, participation levels behind the recent surge are with lighter trading volumes, pointing to apprehension. This could be due to fundamental reasons. All the same, XRP needs to close above $0.42 for trend definition. ...
Past Performance of Ripple Ripple is one of the most actively traded coins when writing. Briefly, on January 1, the coin dropped to as low as $0.30. However, within hours, prices recovered, adding 14 percent. XRP could be under pressure when writing, but it appears bulls are rejecting attempts to push prices lower. In the short term, the zone between $0.33 and...
Past Performance of Ripple Ripple prices are dropping, aligning with the broader state of crypto. As it is, there are lower lows relative to the upper BB, an indicator of fizzling upside momentum. Overall, XRP is within the November 9 bear candlestick, a net bearish despite the general trader confidence in the tail end of 2022. #Ripple Technical Analysis XRP...
Past Performance of Ripple Ripple is up 25 percent from November lows, looking at the performance in the daily chart. Even though the coin is relatively steady at spot rates, the path of least resistance remains southwards as long as prices are below $0.55—or October highs. Another worthwhile observation is that the coin recoiled to wipe out gains from September...
Past Performance of Ripple XRP prices are relatively firm, reading from the formation in the daily chart. All the same, bulls have failed to dominate though they have a better chance. As evident from price charts, buyers are in control. The coin is within a bullish breakout pattern with resistance at $0.55 and support at $0.40. Ripple Technical Analysis The...
Past Performance of XRP The ongoing SEC case has largely influenced the recent performance of XRP prices. From the XRPUSDT daily chat, buyers have the upper hand. Technically, XRP is within a bullish formation and trading above $0.40 with decent trading volumes. Of note, even as the broader crypto market contracted, XRP bulls have been firm, rejecting any attempt...
Past Performance of Ripple According to the candlestick arrangement in the daily chart, Ripple prices are trickling lower at spot rates. Even though fundamental factors may align to prop buyers, technical charts point to strong and determined sellers. The immediate reaction points remain at $0.35 and $0.30, and XRP prices are within a bear continuation. #Ripple...
Past Performance of Ripple Ripple prices are firm when writing, soaking in strong selling pressure experienced across the board. XRP is currently down three percent versus the greenback but within a bullish breakout formation. Even so, the coin is broadly in a consolidation phase. This sideways movement could be an accumulation or distribution depending on the...