- Ripple Price Analysis – Ripple XRP price faces hurdles at the 100 MA as BTC tries to retest $9,000
- XRP/USD – XRP Price attains 100-Days EMA But strives to exceed the level
- XRP/BTC – XRP/BTC pair retest the 2600 SAT
Ripple XRP price traded in the positive zone this week recording a 13% price surge as it enters resistance at $0.234. The BTC/USD pair continues to trade sideways as it settles at the 2600 SAT level. Once the XRP price manages to resist $0.2345, the coin might rise back toward $0.30. The major support levels for XRP/USD pair are $0.22, $0.20, $0.185. While the major resistance level is $0.2345, $0.25, $0.262.
XRP (XRP) Price Today – XRP / USD
For the XRP/BTC pair, the major support levels are 2600 SAT, 2350 SAT, 2455 SAT. While the major resistance levels are 2710 SAT, 2800 SAT, 2900 SAT.
XRP/USD – XRP Price attains 100-Days EMA But strives to exceed the level
Ripple XRP has persisted in the positive zone, although, it encountered the projected resistance at $0.2345 and was unable to resist here. This resistance level is further strengthened by the 100-days EMA. XRP price is currently supported by $0.228 as the bulls try to regroup to crack the 100-days EMA. If the XRP price can exceed the resistance at $0.2345, its coin will remain bullish. For XRP price to veer neutral, it must decline below $0.22, with an additional decline below $0.185 changing it bearish.
If the bullish trend persists and breaks the resistance at the 100-days EMA, instant resistance lies at $0.24. Above this level, next resistance is to be anticipated at $0.25, $257 (1.414 FIb Extension), and $0.262 (bearish .618 Fib Retracement). The resistance at $0.262 is strengthened by the 200-days EMA. Contrarily, if the sellers drive XRP price below $0.228, early support toward the downside lies at $0.22. Below this level, support is at $0.212, $0.20, and $0.185.
The RSI persists above the 50 the level which indicates that the bulls are in charge of the market trend. Also, the Stochastic RSI is bracing for a bearish crossover cue which might aid to bring the market price lower.
XRP/BTC – XRP/BTC pair retest the 2600 SAT
XRP/BTC pair has managed to correct back above the support level at 2600 SAT. XRP also surged higher into 2780 SAT but rapidly reversed and decline well below2700 SAT. It proceeds to trade sideways between 2600 SAT and 2700 SAT as investors and traders await the next price direction. XRP is still neutral at this level and must exceed the resistance at 3000 SAT to turn bullish. Alternatively, if XRP price decline below the support at 2350 SAT it would turn bearish.