XRP Price Recovers Slightly, Showing Subtle Signs of Bullish Reaccumulation

XRP Price Recovers Slightly, Showing Subtle Signs of Bullish Reaccumulation

XRP price started a fresh decline below $2.00. The price is now recovering from $1.820 and might face hurdles near the $2.150 pivot level. XRP price started a recovery wave from the $1.820 zone. The price is now trading above $2.00 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.150. XRP Price Eyes Recovery XRP price extended losses below the $2.00 support, like Bitcoin and Ethereum. The price even....


Related News

Why Traders Growngly Expect Bitcoin “Reaccumulation” At $15K Before Next Run

The price of Bitcoin (BTC) surpassed $16,000 with strong momentum and has remained above the resistance-turned-support area since the initial breakout. Yet, traders are turning slightly cautious, anticipating a “reaccumulation” trend in the near term. The term reaccumulation refers to investors gradually rebuying Bitcoin after a massive rally. This allows the dominant cryptocurrency to consolidate, […]

TA: Ethereum Signaling Bullish Breakout, Why ETH Could Rally Above $1,400

Ethereum gained bullish momentum above $1,350 against the US Dollar. ETH price is showing positive signs and it is likely to accelerate higher above $1,400. Ethereum is showing a lot of positive signs above $1,320 and $1,350. The price is now approaching the $1,400 resistance and it is above the 100 hourly simple moving average. […]

Charted: Ripple (XRP) Broke Major Hurdle, Bulls Aim Close Above $0.30

Ripple is up over 10% and it spiked above $0.3000 against the US Dollar. XRP price is showing positive signs and it is likely to continue higher towards $0.3100 and $0.3200. Ripple is showing a few bullish signs above $0.2700 and $0.2800 against the US dollar. The price is trading nicely above the 100 simple […]

XRP Price Recovers Slightly, Can Buyers Push Past Obstacles?

XRP price is correcting losses from the $2.820 zone. The price is now trading below $3.050 and remains at risk of more losses in the near term. XRP price is showing bearish signs below the $3.10 resistance. The price is now trading near $3.00 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.970 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to decline if it stays below the $3.050 zone. XRP Price Faces Resistance XRP price started a downside correction below $3.050, like Bitcoin and Ethereum. The....

Charted: Ripple (XRP) Signaling Bullish Breakout, Why It Could Surge To $0.55

Ripple is showing a few positive signs above $0.4200 against the US Dollar. XRP price is likely to start a decent increase above the $0.4650 and $0.4800 resistance levels. Ripple is holding the $0.4200 support level and it is showing positive signs against the US dollar. The price is above $0.4500 and the 100 simple […]