XRP
$0.28696 -1.55%
XRP · 65w

Ripple Price Prediction – XRP/USD Aimed by Sellers on Masses Sep 14

Source: ethereumworldnews.com

Like most cryptocurrencies, Ripple is having a hard time to recover against the US Dollar and Bitcoin also. There were attempts for correction and returning back but met difficult resistances around $0.2100.

A very neck-tight situation for Ripple as it ‘down-warded’ below the $0.2060 level which is acting as a major support for quite some time now.Bearish trend being formed on the resistance $0.2030 on the hourly chart of XRP/USD.There could be an upside movement but only reaching $0.2100 or 0.2200. Ripple broke major Support – XRP/USD

Ripple price had no chance to take a rest and return slowly upward as it did break below the $0.2060 mark swiftly which is acting for days now as a supporting line. That continued and the important $0.2000 level was breached which open doors for a bearish trend to take place. Weekly lowest was hit today morning Sep 14 – close to $0.1911 when a recovery attempt had started. XRP/USD since the previous descending wave from $0.2250 to $0.1911 has corrected over the 23.6% Fib retracement level.

As mentioned above, the bearish trend forming at the $0.2030 mark on the hourly chart of XRP/USD is close to the 38.2$ Fib Ret mark since the declining wave. That indicates and upward break is of less possibility but if it takes place the value could aim $0.2080.

Source: Coinmarketcap

Reaching and clearing the $0.2060 or $0.2080 is of great importance as it once acted as a support now on contrary it is a resistance and it is also very close to the 50% Fib retracement level of the mentioned flow.

Hourly MACD – The MACD for XRP/USD is in the bullish zone.Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is near the 50 level.Support Level – $0.1910Resistance Level – $0.2080

Simple! This is an alert message.

The post Ripple Price Prediction – XRP/USD Aimed by Sellers on Masses Se...

Continue on allcryptocurrencies.news
Recent news
XRP -1.55% · cryptocoremedia.com · 6h

Amazon and Ripple Partnership ...

An Amazon and Ripple partnership are underway. It is therefore important to find how this partnership will function and how both firms will benefit from it