Ripple (XRP) Struggles As Bearish Divergence Emerges, Eyes $0.42 Support
XRP price slows down after several days as price remains bullish despite showing weakness. XRP trades above 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs with the emergence of bearish divergence. The price of XRP continues to hold strong and could retest $0.42 support. The price of Ripple (XRP) continues to hold strong as the price aims to maintain its bullish price movement against tether (USDT). Ripple (XRP) and other crypto assets enjoyed a relief bounce in previous weeks that saw the crypto market cap looking good for cryptocurrencies across the....
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XRP’s price struggles to hold above key support as the price needs to hold above $0.44 to maintain its bullish run. XRP continues to struggle as bearish divergence appears on the daily timeframe suggesting a change in trend could be imminent. The price of XRP continues to trade below the 200 Exponential Moving Average (EMA) as 50 EMA acts as support on the daily timeframe. The price of Ripple (XRP) in the past few weeks has seen more traction as the price showed strength rallying from its weekly low to a high of $0.52. Despite so much uncertainty that befalling the crypto market....
Ripple spiked higher and retested the key $0.2550 resistance area against the US Dollar. XRP price failed to break $0.2550 and it is now showing bearish signs below $0.2450. Ripple failed to clear the $0.2550 resistance level and likely formed a double top against the US dollar. The price is now trading well below the […]
Ripple is struggling to clear the $0.5800 resistance against the US Dollar. XRP price is showing bearish signs and it could accelerate lower below $0.5420. Ripple topped just above the $0.6000 level before starting a fresh decline against the US dollar. The price is now trading well below the $0.5680 support and the 100 hourly […]
XRP price shows the market how to run the show as the price remains bullish with good volume and strength. XRP trades above support as the price aims to continue its trend movement as the price keeps holding above 8 and 20-day EMA. The price of XRP eyes a rally to $1 as key resistance was flipped into support with more buy orders. The price of Ripple (XRP) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the price of Ripple....
The relative strength index is making lower highs while correcting from its overbought area. The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency's price and momentum trends.So it appears the Bitcoin's price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a strong push higher in the BTC/USD bids has coincided with lower peaks in momentum, suggesting that the pair's upside momentum is weakening out.Bearish divergenceA normal RSI momentum tends to tail the....