Ripple’s XRP technical analysis: XRP/USD testing critical near-term ascending trend line of support

  • XRP price is trading in the red on Friday down some 2% in the second part of the day. 
  • XRP/USD remains supported for now at the big buying area of $0.3000.
  • Near-term daily supply can be observed around $0.3300-0.3400 price range.


Spot rate:                  0.3133

Relative change:      -2.15%

High:                         0.3225

Low:                          0.3100


Today last price 0.3129
Today Daily Change -0.0077
Today Daily Change % -2.40
Today daily open 0.3206
Daily SMA20 0.3644
Daily SMA50 0.4014
Daily SMA100 0.3729
Daily SMA200 0.3479
Previous Daily High 0.3264
Previous Daily Low 0.3031
Previous Weekly High 0.4081
Previous Weekly Low 0.3179
Previous Monthly High 0.5074
Previous Monthly Low 0.3704
Daily Fibonacci 38.2% 0.3175
Daily Fibonacci 61.8% 0.312
Daily Pivot Point S1 0.307
Daily Pivot Point S2 0.2934
Daily Pivot Point S3 0.2837
Daily Pivot Point R1 0.3303
Daily Pivot Point R2 0.34
Daily Pivot Point R3 0.3536


XRP/USD 60-minute chart

  • Near-term price action supported via the 60-minute by a key ascending trend line.


XRP/USD daily chart

  • The buyers are protecting the $0.3000 territory, however now stubborn resistance see at $0.3300-0.3400 capping the bulls.

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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bears take over and draw a bloody moon

Cryptographer and computer scientist Nick Szabo, has presented in his Twitter account a study on the "risk-benefit" ratio of different assets. The study used a Sharpe Ratio over four years Hodl period.

More Bitcoin News

ETH/USD bears flip the bulls, target shifts to $5

Ethereum Classic is facing the ultimate correction following a massive bull-run that had it hit January highs around $12 from December lows at $3.41. The persuasive urge upwards has, however, ended in losses due to a lack of ...

More Ethereum Classic News

Ripple's CEO sees an era of IPO in cryptocurrency industry

Ripple's XRP, the third-largest digital asset with the current market value of $9.4 billion has lost over 5% in recent 24 hours and hit the low of $0.2136 on Friday. XRP/USD is moving within a clear bearish trend amid expanding volatility.

More Ripple News

The Crypto Sector in selloff mode searches a support zone

Most of the cryptocurrency sector accelerated the losses after breaking the neckline of support that was holding their prices. The selling pressure was in almost all digital assets.

More Cryptocurrencies News


Bitcoin Weekly Forecast: Bitcoin bulls and bear fight gets a tougher edge

The cryptocurrency market started the downside correction after a strong rally initiated by risk reversal play at the beginning of January and reinforced by various altcoin pumps...

Read the weekly forecast