XRP Next Move???XRP is making a triangle pattern on 1 hour chart, what are your throughts as to which side can we expect a breakout towards??
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About XRP
One of the old timers of the cryptoverse, Ripple was founded in 2012 as a digital payment network for businesses and institutions. Kinda like crypto’s SWIFT, if you like. And its native token XRP earns brownie points for being one of the most environmentally friendly and cheap-to-transfer cryptos — which is good considering that’s its main use case. However, since 2020, Ripple has been caught up with the SEC due to selling XRP as an allegedly unregistered security, which has been a thorn in its side for a while.
Technical Analysis Of XRP
Over the monthly graph, the price has shown an immutable trendline support, active for a prolonged time span. From this support, the massive shoots in price have manifested before, and for several months, its price has been lurking at the same dynamic support trendline. The price had waited a very
PREVIOUS WEEK UPDATE!A nice week behind me. I just went through the charts and explained very quickly what had happened. I got into 3 positions, 1L, 1BE and 1 currently in a profit ( EURAUD). I had some time for myself and my family as it was just my birthday. New analysis will be posted soon. Have a great week. T
XRP Price Jumps 22% Following $100 Million Inflows : What’s NextXRP Price Jumps 22% Following $100 Million Inflows : What’s Next?
XRP price surged nearly 22% a week, validating the breakout of an interesting pattern on a daily chart.
The Open interest contracts have jumped from $375 Million to $475 Million rising $100 Million a week.
XRP price took a big leap
The XRP asset has displayed bearish characteristicsThe XRP crypto has demonstrated a decline as the price sank from a vital supply level of around $0.73 on the chart, by mid-march 2024.
The asset has displayed bearishness and falling tendency as it plunged below major trend 50-day, and 200-day EMA's.
The XRP asset has displayed bearish characteris
Recently, this week Ripple has been struggling to maintain its pRecently, this week Ripple has been struggling to maintain its position. When the price of Bitcoin plummeted, almost all crypto assets had a rough day. This week, the price has dipped by 7.80% due to a shift in market sentiment indicators portrays bearishness, as BTC was down. However, the candle fo
the demand for the XRP risesFrom last month, the price has been consolidating in a range and has been trading beneath the 50-day and 200-day EMA's. A parabolic movement could burst in XRP if the struggle rules out in favor.
The XRP Daily Chart underscores that price control was in bears' hands, as it failed to reach last swin
If the demand for the XRP risesThe XRP Daily Chart highlights that price control was in bears' favor, as it failed to reach last swing highs and deteriorated at a constant pace. Also, it has been struggling below the 20-day. and 50-day EMA's.
However, the price structure was near the demand zone, where new buyers could join. Mo
XRP USD seems bullish for long termIt seems nice o prtunity to grab long move with minimum risk.
It is good opertunity for swing traders .
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Frequently Asked Questions
XRP (XRP) reached its highest price on Apr 14, 2021 — it amounted to 1.9668 USD. Find more insights on the XRP price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
XRP (XRP) reached the lowest price of 0.1141 USD on Mar 13, 2020. View more XRP dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying XRP is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade XRP right from TradingView charts — just choose a broker and connect to your account.
You can discuss XRP (XRP) with other users in our public chats, Minds or in the comments to Ideas.