XRP Price Takes a Breather — Can Bulls Bounce Back from Here?

XRP Price Takes a Breather — Can Bulls Bounce Back from Here?

XRP price started a fresh increase above the $2.30 zone. The price is now correcting gains and holding the $2.220 support zone. XRP price started a fresh increase above the $2.30 zone. The price is now trading below $2.2650 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $2.220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase unless there is a close below the $2.220 support. XRP Price Holds Key Support XRP price started a decent upward wave above the $2.250 and $2.280 resistance....


Related News

Key Bitcoin Price Levels for Week 51 (15 - 22 Dec)

The Bitcoin price up to 2013/12/14, with Fib levels and 7 / 30 DMAs. OK, so last week our likely case was for sideways chop while the Bitcoin price takes a well-deserved breather. I'm either lucky or good (probably the former) as this is pretty much what happened. Bitcoin price bounced from the ~$700 / 50% retracement level and is currently balanced between the ~$900 / 23.6% and ~$820 / 38.2% retracement levels. As of the time of writing (Saturday the 14th), we've had 3 days of light trading and low volatility, as signified by the short price candles and volume bars. After the tremendous....

Bitcoin Bulls Bring Out Hammer Of Thor Reversal, But Support Must Hold

Bitcoin price is back now at the mid $30,000 range after a quick plunge below $30,000 support this week. The short lived dip below support finally resulted in a worthwhile bounce, leaving behind a reversal signal that in the past has had god-like results. If crypto bulls can hold at current prices by the time the […]

XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level

The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level. Recently, the cryptocurrency experienced a major breakdown as market downside pressure increased. If it can break above its descending resistance, analysts believe it could bounce back above $3 soon. XRP Price Set To Skyrocket Above $3 A Pseudonymous TradingView crypto analyst known as “MyCryptoParadise” has outlined XRP’s future price trajectory, predicting a surge toward $3.3 for the popular cryptocurrency. The analyst shared a chart outlining key support and resistance levels while....

Why Breaking $49K Is Important For Bitcoin To See Another All-Time High

Bitcoin has once again dipped back down below its $47K resistance point. This time, the price of the digital asset looks to have turned its attention downwards. While this downward correction continues, it is important to know where this correction might lead. Price dips are not a novel concept in bull markets. In fact, price dips are often expected following a rally in the price of any digital asset. Related Reading | Why An 18% Drop In Bitcoin Could Still Be Bullish This drop in price is usually the market taking a bit of a step backward. Not necessarily pulling out of the asset.....

Charted: Filecoin (FIL) Rally Takes Breather, Key Uptrend Support at $60 Intact

Filecoin (FIL) started a strong rally above the $60.00 and $65.00 resistance levels. The price is currently correcting lower, but there is a strong support near the $60.00 level. Filecoin price climbed sharply from the $52.00 support and surged over 50% against the US dollar. The price tested the $75.00 resistance and recently started a […]