Ripple Price Intraday Analysis: XRP/USD Rises 23 Percent

Ripple price on Tuesday appreciated 23 percent against the US Dollar owing to strong fundamental factors. The XRP/USD has risen from its intraday low near 0.26699-fiat to retest its September 5’s lower high near 0.32994-fiat. The pair yawned through the early Asian trading session, consolidating sideways within a stiff range. The upside momentum began building only when the European markets woke up. And, quite abnormally, XRP/USD jumped violently during the mid-session, forming one higher high after another. And as the US session comes into play, the pair has already established…

Ripple Price Analysis: XRP/USD Could Extend Gains Toward $0.30

Key Highlights Ripple price is slowly moving higher and it recently broke the $0.2720 resistance against the US dollar. There was a break above a key bearish trend line with resistance at $0.2675 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.2700 support and the 100 hourly simple moving average. Ripple price is moving with a bullish angle against the US Dollar and Bitcoin. XRP/USD could rise further towards the $0.2900 and $0.3000 resistances in the near term.…

Ripple Price Analysis: XRP/USD Upsides Could be Capped Near $0.2900

Key Highlights Ripple price started a short-term upward move towards the $0.2700 resistance area against the US dollar. Yesterday’s highlighted two bearish trend lines with resistance at $0.2600 and $0.2690 were breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is correcting higher, but it is likely to face a lot of hurdles near $0.2750, $0.2800 and $0.2900. Ripple price has recovered a few points against the US Dollar and Bitcoin. XRP/USD is likely to face a strong resistance near the $0.2900 level. Ripple…

Ripple Price Analysis: XRP/USD Facing Key Resistance Near $0.2750

Key Highlights Ripple price extended losses and broke the $0.2500 support zone against the US dollar. There are two bearish trend lines in place with resistance at $0.2650 and $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is under a lot of pressure and it remains sell on rallies near the $0.2750 level. Ripple price is clearly in a downtrend against the US Dollar and Bitcoin. XRP/USD could correct higher, but it is facing a major resistance near $0.2750. Ripple Price Resistance There…

Ripple Price Analysis: XRP/USD Remains Sell on Rallies Near $0.2800

Key Highlights Ripple price declined further recently and broke the $0.2650 support against the US dollar. Yesterday’s highlighted major bearish trend line is active with resistance at $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points, but it is likely to face sellers near the $0.2800 and $0.2820 levels. Ripple price remains in a bearish zone against the US Dollar and Bitcoin. XRP/USD is likely to extend declines below $0.2600 if sellers remain in action. Ripple Price Decline Yesterday,…

Ripple Price Analysis: XRP/USD Could Break $0.2650 Support

Key Highlights Ripple price corrected higher recently, but it failed to break the $0.2900 resistance against the US dollar. There is a key bearish trend line in place with resistance at $0.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently moving lower and it remains at a risk of more losses below the $0.2650 support. Ripple price is declining once again against the US Dollar and Bitcoin. XRP/USD could even break the $0.2650 support to test the $0.2500 level in the near…

Ripple Price Analysis: XRP/USD Facing Key Resistance Near $0.3120

Key Highlights Ripple price recovered nicely after trading as low as $0.2700 against the US dollar. There are two bearish trend lines in place with resistance at $0.3080 and $0.3120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct further higher, but it could face a strong resistance near $0.3120. Ripple price has recovered nicely against the US Dollar and Bitcoin. XRP/USD is now facing key resistances near the $0.3100 and $0.3120 levels. Ripple Price Recovery After trading towards the $0.2700 level, Ripple…

Ripple Price Analysis: XRP/USD At Risk of More Losses

Key Highlights Ripple price declined sharply and broke the $0.3200 and $0.3000 support levels against the US dollar. This week’s followed key declining channel was breached with support near $0.3230 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair even broke the $0.2800 support area and traded close to the $0.2600 level. Ripple price declined heavily against the US Dollar and Bitcoin. XRP/USD is currently correcting higher, but upsides could be capped near $0.3000. Ripple Price Decline Recently, we were waiting for a downside correction…

Ripple Price Analysis: XRP/USD Continues To Grind Lower

Key Highlights Ripple price declined steadily and broke the $0.3350 support area against the US dollar. Yesterday’s highlighted major declining channel is intact with resistance at $0.3340 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely extend the current decline towards the $0.3260 and $0.3220 levels in the near term. Ripple price is trading lower against the US Dollar and Bitcoin. XRP/USD could drop further as long as the price is below the $0.3400 resistance. Ripple Price Resistance In the past two analysis,…

Ripple Price Analysis: XRP/USD Correcting Lower Towards $0.3200 Support

Key Highlights Ripple price is slowly declining and it is currently trading below the $0.3400 support against the US dollar. There is a key declining channel in place with resistance at $0.3360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps continue to correct lower and it could test the $0.3200 support. Ripple price is slightly under pressure against the US Dollar and Bitcoin. XRP/USD could revisit the $0.3200 support before climbing higher once again. Ripple Price Decline Yesterday, we discussed about a…