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Ripple price is currently correcting gains after setting a new weekly high at $0.2872 against the US dollar.The price is trading below the $0.2800 level and it might correct towards the $0.2720 support.There was a break below a connecting bullish trend line with support near $0.2775 on the hourly chart
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Ripple price started a downside correction after rallying towards the $0.2850 resistance against the US dollar.The price is currently holding the key $0.2720 and $0.2700 support levels.There is a short term breakout pattern forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken).The
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Ripple price remained in a positive zone and rallied another 5% above $0.2750 against the US dollar.The price is trading in an uptrend, but it is now facing a strong resistance near $0.2850.There is a rising channel forming with support near $0.2780 on the hourly chart of the XRP/USD pair
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The total crypto market cap lost $3.9 billion of its value during the last seven days and now stands at $213.4 billion. The top 10 currencies are mostly in green for the same time frame with Ripple’s XRP and EOS (EOS) being the best performers with 9.8 and 6.6 percent
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Ripple price is gaining bullish momentum above the $0.2600 resistance area against the US dollar.The price is up around 5% and it recently broke the $0.2650 resistance area.There is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair (data source from
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Sunday, Oct. 6 — Cryptocurrency markets are slipping downward today, with Bitcoin (BTC) trading under $8,000 and altcoins seeing notable losses on the day.Market visualization courtesy of Coin360After slipping below the $8,000 price point, Bitcoin has continued to slide down and is now trading at $7,824.37, down 3.22% on
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According to Medium.com and others, XRP was created to one day run at $10k a coin and a breakdown of the digital asset’s construction shows this. XRP was created as a replacement for institutional and retail financial systems, more explicitly SWIFT, to do that XRP needs a very high price. Looking forward,
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Ripple price struggled to break the $0.2550 resistance and declined recently against the US dollar.The price is trading below $0.2500 and it seems like it could slowly decline towards $0.2400.There was a break below a connecting bullish trend line with support near $0.2475 on the hourly chart of the XRP/USD
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Ripple price corrected lower recently and tested the $0.2450 support area against the US dollar.The price is currently climbing higher and is trading nicely above the $0.2500 level.There is a key bullish trend line forming with support near $0.2480 on the hourly chart of the XRP/USD pair (data source from
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