Ripple's XRP Technical Analysis: XRP/USD bull flag structure eyed despite daily losses

  • Ripple's XRP price on Thursday is trading in negative territory, nursing losses over 2%. 
  • XRP/USD daily chart view is moving within somewhat of a bullish flag structure, as the price cools. 
  • The $0.3000 remains under consistent daily threat by the bears, as they look to force the price down to the next major demand zone $0.2500. 


Spot rate:                  0.2986

Relative change:      -2.15%

High:                         0.3039

Low:                          0.2971


Today last price 0.2985
Today Daily Change -0.0028
Today Daily Change % -0.93
Today daily open 0.3013
Daily SMA20 0.3083
Daily SMA50 0.3201
Daily SMA100 0.3163
Daily SMA200 0.3526
Previous Daily High 0.3031
Previous Daily Low 0.2965
Previous Weekly High 0.3176
Previous Weekly Low 0.2915
Previous Monthly High 0.3803
Previous Monthly Low 0.2827
Daily Fibonacci 38.2% 0.3006
Daily Fibonacci 61.8% 0.299
Daily Pivot Point S1 0.2975
Daily Pivot Point S2 0.2937
Daily Pivot Point S3 0.2909
Daily Pivot Point R1 0.3041
Daily Pivot Point R2 0.3069
Daily Pivot Point R3 0.3108


XRP/USD 60-minute chart

  • Big price defending around the $0.3000-0.2850 region can be observed via the 60-minute. 

XRP/USD daily chart

  • Price action via the daily is moving within the confinements of a bullish flag structure. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin price prediction: November fails to impress, what about an action-filled December 2019?

Bitcoin is staring into a bottomless pit mid though the month of November. The past two years have seen Bitcoin start to stir movement upwards in November.

More Bitcoin News

The cryptocurrency market update: Bitcoin and major altcoins recover from early losses

The cryptocurrency market is navigating a sea of red on Friday. Bitcoin and all major altcoins are nursing losses both on a day-to-day basis and since the beginning of the day.

More Cryptocurrencies News

XRP/USD on the verge of a falling wedge pattern breakout

Ripple is trading below a key support week-long support at $0.27. The selling pressure on Thursday forced the price lower refreshing the levels towards $0.26. XRP commenced the trading on Friday at $0.2679 and touched a high of $0.2690.

More Ripple News

Litecoin price update: LTC/USD takes back $60 support, is $65 hurdle breakable?

Litecoin is in the middle of a recovery move following the recent slide below $60. The accrued gains chopping exercise that has been going on since the week started after another failed attempt to correct towards $65.

More Litecoin News


Bitcoin Weekly Forecast: In the middle of nowhere

Bitcoin has been drifting down since the beginning of the week, as the bulls have no luck with the recovery campaign launched during the previous weekend.

Read the weekly forecast