TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Ripple Price Analysis: XRP/USD bulls start strong as the price trends inside the green Ichimoku cloud

  • XRP/USD continues to consolidate below the $0.20-level.
  • The SMA 50 is about to cross over the SMA 20 to chart a bearish cross.
  • The MACD shows that the market momentum remains bearish.
Ripple Price Analysis: XRP/USD bulls start strong as the price trends inside the green Ichimoku cloud
Rajarshi MitraRajarshi MitraIndependent Analyst

XRP/USD daily chart

XRP/USD daily chart


XRP/USD bulls took charge after a bearish Tuesday as the price went up from $0.1937 to $0.1941. The price is still trending inside the green Ichimoku cloud, while the SMA 50 is looking to cross over the SMA 20, to potentially chart a bearish cross pattern. The MACD indicates that market momentum is currently bearish.

On the upside, XRP/USD bulls face resistance at $0.20, SMA 50, SMA 20 and $0.2116. On the downside, healthy support levels lie at $0.1887 and $0.1815.

Key levels

XRP/USD

Overview
Today last price0.1944
Today Daily Change0.0008
Today Daily Change %0.41
Today daily open0.1936
 
Trends
Daily SMA200.2016
Daily SMA500.2
Daily SMA1000.2019
Daily SMA2000.2174
 
Levels
Previous Daily High0.1968
Previous Daily Low0.1915
Previous Weekly High0.208
Previous Weekly Low0.1891
Previous Monthly High0.2358
Previous Monthly Low0.1684
Daily Fibonacci 38.2%0.1935
Daily Fibonacci 61.8%0.1948
Daily Pivot Point S10.1911
Daily Pivot Point S20.1887
Daily Pivot Point S30.1858
Daily Pivot Point R10.1965
Daily Pivot Point R20.1993
Daily Pivot Point R30.2018


 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
Share:

Editor's Picks

Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana is down 4% on Friday, extending losses below $80 and marking a nearly 10% decline so far this week. The broader cryptocurrency market is seeing heavy selling, with Bitcoin diving below $70,000 and wiping out more than $1 billion in the derivatives market. This adds to the sell-side dominance in SOL futures amid persistent outflows.

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano extends losses, trading below $0.169 on Friday, with losses nearing 4% so far this week. Moreover, ADA is heading into its sixth consecutive weekly correction, down more than 30% since early October.

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Bitcoin, Ethereum, and Ripple extend their sell-off on Friday as bearish momentum gathers. BTC breaks below the $70,000 psychological threshold, while ETH loses the $2,000 support level, raising the risk of further losses. Meanwhile, XRP continues to slide as sellers maintain control, threatening a deeper correction toward $1.00.

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid's (HYPE) open interest climbed to a record $18.1 billion in September as the decentralized exchange gained ground against major centralized trading platforms, with its share of combined open interest across eight leading exchanges rising to 11.7% in Q3.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.