TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

XRP Price Analysis: XRP/USD pressure is back on after unsustainable aggressiver spike

  • XRP price is trading in negative territory, with losses of some 1.70% on Friday.
  • XRP/USD bulls have struggled to break down supply ahead of the big $0.20 level. 
  • The price remains at risk of reversing the phenomenal gains of Thursday. 
XRP Price Analysis: XRP/USD pressure is back on after unsustainable aggressiver spike
Ken ChigboKen ChigboIndependent Analyst

XRP/USD daily chart

The price retested and has so far been dealt with rejection, following a daily flag retest. 

XRP/USD 60-minute chart

The bulls are failing to break down the chunky area of supply running into the early $0.19 price region.

Spot rate:                   0.1890

Relative change:       -0.90%

High:                          0.1918

Low:                           0.1864

XRP/USD

Overview
Today last price0.1893
Today Daily Change-0.0016
Today Daily Change %-0.84
Today daily open0.1909
 
Trends
Daily SMA200.1842
Daily SMA500.1875
Daily SMA1000.221
Daily SMA2000.2331
 
Levels
Previous Daily High0.1933
Previous Daily Low0.1741
Previous Weekly High0.2053
Previous Weekly Low0.1767
Previous Monthly High0.2468
Previous Monthly Low0.1129
Daily Fibonacci 38.2%0.186
Daily Fibonacci 61.8%0.1814
Daily Pivot Point S10.1789
Daily Pivot Point S20.1669
Daily Pivot Point S30.1598
Daily Pivot Point R10.1981
Daily Pivot Point R20.2052
Daily Pivot Point R30.2172

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.