Ripple Price Prediction: XRP Forecast Analysis

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Ripple (XRP) Price Predictions: Expert Market Data Forecasts and XRP/USD Value Charts

Contents

Ripple (XRP) Daily Price Forecast: April 18, 2019

  • Yesterday, at a low of $0.32542. the bulls break the $0.33 and $0.34 price levels to reach the bullish trend zone.
  • On the upside, if the bulls sustain the price above the EMAs, the crypto's price will rise to reach the previous highs of $0.35 and $0.36 price levels.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.33, $0.31, $0.29

Yesterday, April 17, the XRP price was in a bullish trend. Yesterday, at a low of $0.32542. the bulls break the $0.33 and $0.34 price levels to reach the bullish trend zone. The crypto's price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

Nevertheless, if the bulls sustain the bullish momentum, the crypto's price will reach the $0.35 price level without facing any resistance. However, the crypto's price may face resistance at the $0.36 resistance level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. Yesterday, the XRP price was ranging above the $0.32500 price level before the bulls broke the resistance levels. The bulls tested the $0.35 price level but the crypto's price is retracing from the recent high.

On the upside, if the bulls sustain the price above the EMAs, the crypto's price will rise to reach the previous highs of $0.35 and $0.36 price levels. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 16, 2019

  • On the upside, if the bulls break above the EMAs, the crypto’s price will resume its bullish trend.
  • On the downside, if price continues its fall, the crypto’s price will find support at $0.31000.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, April 15, the XRP price was in a bearish trend. The XRP price continued its fall yesterday. On April 11 and 12, the crypto’s price had earlier fallen to the low at $0.32 and commenced a range bound movement. The bulls made a bullish movement and tested the 26-day EMA and were resisted. The crypto’s price fell to a low at $0.31687 and commenced a bullish movement.

The crypto’s price is still below the EMAs which indicate that price is likely to fall. On the downside, if price continues its fall, the crypto’s price will find support at $0.31000 price lebvel. On the other hand, if the bulls break the EMAs, the crypto’s price will resume its bullish trend. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a bearish trend. The 12-day EMA is trending horizontally indicating that price is in a range bound movement. The bulls are nearing the 12-day EMA and the 26-day EMA to break above it.

If the bulls succeed in breaking the EMAs, the crypto’s price will resume its bullish trend. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 15, 2019

  • The price fell to a low at $0.32 and commenced a range bound movement.
  • The XRP price is now trading at $0.33065 as at the time of writing.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.33, $0.31, $0.29

Last week the XRP price was in a bearish trend. The bulls failed to break the $0.37 resistance level and were resisted. The crypto’s price fell as the bears broke the support levels of $0.36, $0.35, $0.34 and $0.33. The price fell to a low at $0.32 and commenced a range bound movement.

Today, the bulls are attempting to break above the 12-day EMA and the 26-day EMA. The XRP price is now trading at $0.33065 as at the time of writing. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bearish trend. Last week the crypto’s price was ranging above the $0.32 price level. On April 14, the bulls broke above the 12-day EMA and the 26-day EMA to trade in the bullish trend zone. The bulls reached a high of $0.33300 and were resisted. The price retraced and fell to the 12-day EMA support level.

If the 12-day EMA support level holds the crypto’s price is likely to rise. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Long-Term Price Forecast: April 13, 2019

  • The XRP price is trading at $0.32 as at the time of writing.
  • The crypto’s price is likely to face more selling at the $0.31 and the $0.32 price levels.

XRP /USD Price Long-term Trend: Bearish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.32, $0.30, $0.28

The XRP price was on a downward correction since the beginning of this week. On April 7, the bulls tested the $0.37 resistance level and were resisted. The crypto’s price made a downward correction as the price fell and broke the 12-day EMA and the 26-day EMA. The bears have broken all the support levels and it is approaching the $0.32 price level. The bears broke the $0.34 price level which was the previous range bound zone encompassing the levels of $28 and $0.34. On the downside, the crypto’s price will fluctuate between the range bound zones.

The crypto’s price is likely to face more selling at the $0.31 and the $0.32 price levels. The XRP price is trading at $0.32 as at the time of writing. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 11, 2019

Latest Ripple (XRP) News

Craig Wright, who doubles up as the Chief Scientist of nChain as well as the founder of Bitcoin SV, is a controversial man. He’s on more than one occasion been quoted lashing out at Bitcoin, Bitcoin Cash, and Ethereum, calling them failures and good for nothing networks despite all the milestones these publicly controlled networks have achieved. Recently, during The Agora, Craig said Bitcoin—didn’t clarify because Bitcoin SV is what is Bitcoin to him—won’t stop banks or banking in general.

Read: Craig Wright: Bitcoin Does Not Stop The Banks

Although he didn’t list reasons, the open, transparent nature of what powers the network, that is, blockchain, he says, can stop interference and corruption that is so common in opaque banks. Some weeks back, the CEO of Swedbank was fired because of the Nordic bank involvement in a multi-billion money laundering scheme which the board, while giving out their verdict, said “was heaping unnecessary pressure on the bank’s operations” and therefore the decision to fire her.

Also Read: New Coinbase Card Launches as a Visa Debit Card for Cryptocurrency in Both UK and EU

Nonetheless, Craig may be right—at least for now, Blockchain and cryptos, in general, are clocking their first decade in operations. Plans are there to make these global coins spendable and not only is Wietse Wind working on several applications allowing expenditure but the prospects of InterLedger Protocol and combined with recent announcement that CoinBase is teaming up with Visa enabling owners of Litecoin, XRP as well as Bitcoin to “spend crypto as effortlessly as the money in their bank” is a leap in the right direction.

XRP/USD Price Analysis

Ripple XRP

At the time of press, Ripple (XRP) unlike most coins is struggling and literally all over the place. Losses have been steep in the last day with the asset losing 4.6 percent. All the same, we are optimistic and as mentioned before, as long as prices are maintained above 30 cents and most importantly 34 cents, risk-off, aggressive traders can load up on every low with first targets at 34 cents.

As visible from the chart, bears did press the sell pedal and although lows of Apr-5 was retested, there has been no comprehensive reversal of those gains meaning from an effort versus bulls perspective, buyers are still in control despite the Asian session bear scar.

We expect prices to recover and in the hourly chart, there is an undervaluation of XRP with a whole bull bar closing below the lower BB allowing nifty traders to capitalize by loading up and trading in the direction set by Jan 30 bar set in motion by buyers of late Sep 2018. If anything, first targets remain at 40 cents and thereafter 60 cents.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: April 11, 2019

  • On the upside, if the bulls break above the EMAs, the crypto’s price will retest the $0.37 price level.
  • On the downside, if the bearish pressure continues, the price is likely to fall to the $0.34 price level. This is because the bears had broken the $0.35000 price level.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Yesterday, April 10, the XRP price was in a bullish trend. Yesterday, the bulls pulled above the 12-day EMA and the 26-day EMA to reach the high of $0.36118. However, the bears broke below the EMAs to reach the low at $0.34990. The crypto’s price is below the EMAs which indicate that price is likely to fall.

On the downside, if the bearish pressure continues, the price is likely to fall to the $0.34 price level. This is because the bears had broken the $0.35000 price level. On the upside, if the bulls break above the EMAs, the crypto’s price will retest the $0.37 price level. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. Yesterday, the bears broke below the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The XRP price is trading at $0.33790 as at the time of writing. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 10, 2019

  • On the upside, if the bulls break above the EMAs, the crypto’s price will retest the $0.37 price level.
  • On the downside, if the bearish pressure continues, the price will fall to the $0.34 price level.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Yesterday, April 9, the XRP price was in a range bound movement. Yesterday, the bears broke below the 12-day EMA and the 26-day EMA to a low at $0.35360 and commenced a range bound movement. The crypto’s price is below the EMAs which indicate that price is likely to fall.

On the upside, if the bulls break above the EMAs, the crypto’s price will retest the $0.37 price level. On the downside, if the bearish pressure continues, the price will fall to the $0.34 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. Yesterday, the price fell into the bearish trend zone and resumed trading below the EMAs. Yesterday, the bulls broke above the EMAs but could not sustain a price above the EMAs.

Nevertheless, the XRP price is trading at $0.36 as at the time of writing. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 9, 2019

  • On the downside, if the bearish pressure continues, the price will fall to the $0.34 price level.
  • On the upside, if the bulls break the EMAs, the crypto’s price will retest the $0.37 price level.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Yesterday, April 8, the XRP price was in a bearish trend. Yesterday, the bulls were resisted at the $0.37 price level since April 2. The crypto’s price had been trading below the $0.37 price level as the bulls failed to break the resistance level. The bears broke the 12-day EMA and the 26-day EMA as the price fell to the low at $0.35221.

The crypto’s price is ranging below the EMAs. On the downside, if the bearish pressure continued, the price will fall to the $0.34 price level. On the upside, if the bulls break the EMAs, the crypto’s price will retest the $0.37 price level. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bullish trend. Yesterday, the bulls tested the $0.37500 resistance level as the bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone.

The bulls pulled above the EMAs but were overpowered by the bears. The XRP price is trading at $0.3543 as at the time of writing. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 8, 2019

  • The XRP price was approaching the $0.37 price level but the bulls were resisted.
  • On the upside, if the bulls break the $0.37 resistance level, the crypto’s price will reach a high of $0.40.
  • On the other hand, if the bulls fail to break the resistance level, the price will fall.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Last week the XRP price was out of its range bound zone. The bulls broke the $0.34 price level and reached a high of $0.37469 but close at a price of $0.36729. The bulls have failed to break the $0.37 resistance level. Each time the bulls tested the resistance level price would fall to the support of the 12-day EMA and resumed another bullish trend.

The XRP price was approaching the $0.37 price level but the bulls were resisted. On the upside, if the bulls break the $0.37 resistance level, the crypto’s price will reach a high of $0.40. On the other hand, if the bulls fail to break the resistance level, the price will fall. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. Today, the bulls broke the $0.37 price level but the price could not be sustained above the $0.37 price level as the bears made a downward correction. The price has fallen below the 26-day EMA and the 12-day EMA.

If the bulls break the resistance level and price is sustained above the $0.37 price level then the crypto is likely to reach the high if $0.40. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Long-Term Price Forecast: April 6, 2019

  • The XRP price is now trading at the $0.36 price level.
  • On the upside, if the crypto’s price is sustained above the EMAs, the crypto’s price is expected to reach the previous high of $0.40.

XRP /USD Price Long-term Trend: Bullish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.35, $0.33, $0.31

The XRP price is now in a bullish trend. In the month of March, the XRP/USD pair was ranging between the levels of $0.28 and $0.34. At the upper price level, the bulls were facing a strong resistance at the $0.32 price level. While at the lower price level the bears were finding it difficult to break the $0.28 price level. On April 2, the crypto’s price had a price breakout that broke the resistance levels. The XRP price is now trading at the $0.36 price level. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

On the upside, if the crypto’s price is sustained above the EMAs, the crypto’s price is expected to reach the previous high of $0.40. However, the price may face resistance at the $0.37 and $0.38 price levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 4, 2019

  • The XRP price is trading at the $0.34 price level as at the time of writing.
  • On the upside, if the support at the 26-day EMA holds, the bulls will resume their bullish trend to retest the $0.37 price level.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Yesterday, April 3, the XRP price was in the bullish trend zone. Yesterday, the bulls tested the $0.37 price level and the price fell to the low at $0.35. The bulls tested the $0.37 resistance level again but were resisted the second time. The price fell to the support of the 26-day EMA. On the upside, if the support at the 26-day EMA holds, the bulls will resume their bullish trend to retest the $0.37 price level.

On the other hand, if the bears break below the EMAs, the XRP price will further depreciate. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. Yesterday, the crypto’s price fell to the support of the 26-day EMA and the bulls resume another bullish trend. The bulls tested the $0.37 resistance level again and the price fell to the support of the $0.34 price level.

On the downside, if the bears break below the $0.34 price level, the crypto’s price will fall into the previous range of $0.28 and $0.34 price level. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 3, 2019

  • The bulls broke the $0.32, $0.33 and $0.34 resistance levels as the bulls approached the $0.3572 price level.
  • However, if price breaks below the EMAs, the crypto’s price is likely to fall.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Yesterday, April 2, the XRP price was in the bullish trend zone. Yesterday, the bulls finally broke the $0.34 upper price level. The upper price level was a critical resistance level of the previous price range. The previous range of $0.28 and $0.34 price level kept the crypto in a range bound movement since February 19.

The bulls broke the $0.32, $0.33 and $0.34 resistance levels as the bulls approached the $0.36540 price level. The crypto’s price is making a series of higher highs and higher lows as per the bullish trend line. Technically, the bullish trend line determines the duration of the bullish trend.

Nevertheless, the bullish trend is ongoing if the trend line is unbroken. However, if a bearish candlestick breaks the trend line and another closes on the opposite of it; the current trend is said to be terminated. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The 12-day EMA and the 26-day EMA are trending northward indicating a bullish trend. The crypto’s price is trending above the 12-day EMA indicating that price is rising.

However, if price breaks below the EMAs, the crypto’s price is likely to fall. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 2, 2019

Latest Ripple (XRP) News

Ripple Inc is doing everything they can to ensure that end users reap max benefits of speed, efficiency and trust. Long plagued by exorbitant charges, high latency and even failure, Ripple Inc three main solutions rely on the blockchain. Blockchain being a distributed, decentralized and trustless ledger where transactions are verified via mathematics is no doubt shaping and disruptive.

Read: Switzerland SIX Exchange’s Amun Ripple XRP ETP Ready To Rumble Come April 2, 2019 Launch

It may be because they are protecting their turf now that the world is increasingly shifting towards a trustless digital world that JP Morgan and Chase hatched their cryptocurrency, JPM Coin. While talking to Fortune reporters, Brad Garlinghouse said:

“If you told me two years ago that the guy who called Bitcoin a fraud was launching a coin, I would have said you’re on Market Street sniffing fumes.”

On a number of occasions, Brad is skeptical of the private coin because he “don’t understand the value proposition of JPM Coin.” He’s unfazed and in a previous conversation he maintains that the rise of bank churned stable coins will create more chaos in an open source network where the number of cryptocurrency-issuing projects is hitting the roof.

Also Read: World Bank Praises Ripple and xRapid in a Recent Report, 40-70% Savings and Fast Fund Transfers

“This guy from Morgan Stanley was interviewing me last week, and I asked him, so is Morgan Stanley going to use the JPM Coin? Probably not. Will Citi use it? Will PNC? And the answer is no. So, we’re going to have all these different coins, and we’re back to where we are: there’s a lack of interoperability.”

XRP/USD Price Analysis

Ripple XRP

It’s an across the board lift-off for crypto assets including Ripple (XRP). Adding 5.8 percent in the last day, the third most capitalized asset is up 9.1 percent in the last week. From candlestick arrangement, the surge now means XRP is trading above an important liquidation level and as laid out in previous XRP/USD trade plans, every low is technically a loading opportunity with first targets at 40 cents and later 60 cents.

While prices are up, what is interesting is the spike in transaction volumes—up to 40 million at the time of press from yesterday’s 11 million. That is almost a 4X increase meaning the drive behind this rise is backed by high participation level validating our breakout. Note that in previous trade plans, our anchor bar was Mar 21 with 18 million, and the confirmation of Mar 26 undervaluation was if there is a spike in market participation above 18 million confirming the three-bar bull reversal pattern of Mar 25-27.

Now that these trade conditions are true, risk-off, aggressive traders should load up on dips and once prices edge past 40 cents, conservative traders can join the buying bandwagon with targets at 60 cents or even 80 cents of Sep 2018.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: April 2, 2019

  • The XRP price is currently in a price rally as the crypto's price reaches the high of $0.33.
  • On the upside, if more buyers are introduced at the upper price level, the bulls will overcome the resistance levels.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, April 1, the XRP price was in the bullish trend zone. The crypto’s price has been stable at the $0.31 price level in the last one week. On March 30, the XRP price was resisted and the price was retracing from the $0.32 resistance level. The crypto’s price is now above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

If the crypto’s price is sustained above the EMAs, the bulls are likely to break the $0.32 resistance level. If the $0.32 resistance level is broken, the crypto’s price is likely to rise and reach the $0.33 price level. The XRP price is currently in a price rally as the crypto's price reaches the high of $0.33. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. On April 1, the bulls tested the highs of $0.31922, $0.31849, and $0.31844 and were resisted. The price fell to the support of the 26-day EMA to commence another bullish trend.

On the upside, if more buyers are introduced at the upper price level, the bulls will overcome the resistance levels. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: April 1, 2019

  • Today, the XRP price is trading at $0.31 as at the time of writing.
  • On the upside, a price breakout will enable the bulls to break the $0.32 and $0.33 price levels and reach a high of $0.34.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was in the bullish trend zone. The bulls tested the $0.32 resistance level and were resisted. The crypto's price fell and broke below the 12-day EMA and the 26-day EMA as price reaches the bearish trend zone. Today, the XRP price is trading at $0.31 as at the time of writing. This was the price level at which the crypto was ranging last week before the bulls were resisted at the $0.32 price level.

The $0.32 price level was a strong resistance level. On the upside, a price breakout will enable the bulls to break the $0.32 and $0.33 price levels and reach a high of $0.34. On the other hand, if the bulls were resisted, the crypto will fall to the support of the EMAs. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. Last week the bulls tested the $0.32 and $0.31 price levels and were resisted. The price fell below the 12-day EMA and the 26-day EMA and a range bound movement below the EMAs.

Today, the crypto's price is making a series of higher highs and higher lows . The crypto's price will rise to test the $0.32 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Long-Term Price Forecast: March 30, 2019

  • On the upside, if the bulls break above the EMAs, the crypto’s price will test or break the highs of $0.32 and $0.33.
  • If the bulls fail to break above the EMAs, the crypto’s price will fall to the $0.30 price level.

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair was range bound between the levels of $0.28 and $0.34 . Presently, the XRP price is in a tight range between the levels of $0.30 and $0.33. The 12-day EMA and the 26-day EMA were trending horizontally indicating that price was in a range bound movement.

On March 21, the bears broke the range bound movement as the crypto’s price broke the EMAs and fell to a low at $0.30. The bulls pulled back price to the $0.31 price level. On the upside, if the bulls break above the EMAs, the crypto’s price will test or break the highs of $0.32 and $0.33. If the bulls fail to break above the EMAs, the crypto’s price will fall to the $0.30 price level.

Meanwhile, On March 1, the crypto has an opening balance of $0.32 but was trading at $0.31 as at the time of writing . The XRPUSD price has depreciated by 3% of its capitalization in the month of March. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 29, 2019

Today's Ripple News

In Amazon, it’s all about innovation and charting new paths, if not trailblazing. The online retailer, more like blockchain and the technology early applications like Ripple and Bitcoin, started out as a flimsy start-up where few thought the internet would be shaping.

Read: Kraken Crypto Exchange Launches Security Labs; 2FA Now Mandatory To End Fraudulent Activities

In fact, going through archives, there is well-tabulated content where critics said the future of the then clunky PC was doomed from inception. They said there is no one who would read a book off the literally hot CPU with noisy fans and wavy screens. But then, less than two decades later and Amazon is a behemoth.

Amazon, as it is, may end up being the first trillion-dollar company and create the first centi-billionaire in Jeff Bezos.

Luckily, in the midst of their growth, the announcement that World Pay has partnered with Amazon Pay has the Ripple Inc community excited.  The addition will see World Pay add Amazon Pay to their unparallel list of merchants and that’s exactly in line with Amazon Pay’s vision of making their service available to millions of merchants across the world.

Also Read: China Does Not Rank Blockchain Projects (They Never Did)

But what’s super exciting is that World Pay is owned by Fidelity National Information Services Inc. (FIS) who are Ripple Inc partners. Add that to Amazon close collaboration with India’s Axis Bank who happens to be one of the many banks plugged into the RippleNet and it’s easy to connect dots and speculate that Amazon’s innovation is gravitating towards integrating Ripple Inc solutions including the use of XRP.

XRP/USD Price Analysis

Ripple

At the time of press, XRP was stable and bullish because of Mar 27 upswings. Even so, we must note that prices are literally in consolidation mode with clear resistance and support at 30 cents and 34 cents. Like in our previous XRP/USD trade plans, we shall take a neutral stand until after there is a strong close above the tight 4 cents range and that means a high-volume break and close 34 cents.

The level coincides with the 61.8 percent Fibonacci retracement mark of Dec 2018 high low and as long as prices are below this mark, we shall adopt a neutral but bullish stance. This is despite the clear undervaluation of Mar 26 when a whole bull pin bar closed below the lower BB which was subsequently corrected after yesterday’s surge.

From candlestick arrangement, it is likely that XRP will close the week higher and that would likely translate to a firm close above Mar 21 highs—whose bar has above average volumes reflecting bears of Feb 24. As a result of this, patience is critical and the direction where the BB squeeze will break to will determine our short to medium term trend. That would most likely place XRP at 60 cents in the short-term.

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: March 28, 2019

  • On the downside, if price retraced and fell below the EMAs, the crypto’s price will resume its downward trend.
  • On the upside, if the price is sustained above the EMAs, the crypto’s price is likely to break the $0.31 resistance level.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 27, the XRP price was in the bullish trend zone. Yesterday, the bulls broke the 12-day EMA and the 26-day EMA as the price reached the bullish trend zone. The crypto’s price is above the EMAs which indicate that price is likely to rise. Yesterday, the bulls tested the $0.31 price level and the crypto’s price retraced and fell to the support of the 26-day EMA. Today, the bulls tested again the $0.31 resistance level and the price is retracing.

On the downside, if price retraced and fell below the EMAs, the crypto’s price will resume its downward trend. On the upside, if the price is sustained above the EMAs, the crypto’s price is likely to break the $0.31 resistance level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is in a smooth uptrend. The crypto’s price is trending above the 12-day EMA. On March 27, the bulls tested the $0.31 resistance level thrice but price retraced to the support of the 12-day EMA to resume the bullish trend.

Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 27, 2019

  • The crypto’s price is now trading at $0.31 as at the time of writing.
  • On the upside, the price is expected at the $0.33 or $0.34 price levels but the bulls may face resistance at the $0.32 price level.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 26, the XRP price was in the bullish trend zone. Yesterday, the bears tested the $0.29 price level to end the bearish pressure. The crypto’s price is now trading at $0.31 as at the time of writing. Traders should initiate long trades as the bulls approach the upper price levels.

The bulls have broken the 12-day EMA and the 26-day EMA to reach the bullish trend zone. On the upside, the price is expected at the $0.33 or $0.34 price levels but the bulls may face resistance at the $0.32 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. On March 26, the bulls broke the 12-day EMA and the 26-day EMA as the price reached the bullish trend zone. The crypto’s price is making a series of higher highs and higher lows as the bulls approach the upper price level.

Nevertheless, if the current trend is sustained the bulls are likely to break out of the current range-bound movement between the levels of $0.28 and $0.34. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 26, 2019

Today's Ripple News

While there SWIFT and Ripple are competing for the same clients, SWIFT is far ahead with more than 10,000 clients after 40 years in operation. On the contrary, Ripple Inc solutions are better, faster, cheaper and most definitely, hack proof.

Read: Jack Chervinsky Says Cryptocurrencies Could Fit Several Regulatory Categories at Once

We can cite an example of the Lazarus Group heist, which a panel of UN experts says are hackers sponsored by the DPRK government as they bankroll the development of their ballistic missiles and nuclear weapons. Well, through the wide SWIFT network, the dreaded Lazarus Group were able to orchestrate and execute one of the world’s most sophisticated theft siphoning $81 million of the central bank of Bangladesh money and distributing them via the SWIFT network.

Of course, hacks of these levels are common in centralized exchanges and unless otherwise there is deep chain re-organization with a malicious group reversing transactions from merchants then losses of those magnitudes would be unheard of.

All the same, the failure of banks to adopt xRapid, one of the three main Ripple Inc solutions that use the underlying network to process transactions, because of regulatory clarity is a source of concern. And what’s worse is that it may be until next year when the courts make a ruling on three pending lawsuits that we may have a glimpse on whether the US DoJ thinks the asset is a security or not.

Also Read: David Schwartz Illustrates the Difference of Ripple’s XRP Ledger and Bitcoin’s Proof-Of-Work

But, the buck stops with the SEC. They are in charge of asset classification and if in the course of this hearing decide to classify XRP as a utility meaning it doesn’t comply with stipulations of the Howey test, then the case will collapse and XRP prices will rally.

XRP/USD Price Analysis

Ripple

At the time of press, Ripple (XRP) is performance is dismal. Sellers are in control.  From the chart, it is clear that after Stellar Lumens (XLM) cool off, XRP ranks second after dropping 4.1 percent from last week’s close. Moving on, we expect prices to stabilize above 30 cents as bulls prevent liquidation below 30 cents or Q1 2019 lows at Jan 30.

Founding our analysis and projection is encouraging development that although prices are weak and banding along the lower BB, accompanying volumes is light averaging 10 million. That is a third of Feb 24 averages at 34 million and in an effort versus results point of view, prices will likely snap back to trend in line with Sep 2018 trend.

Despite this and the likelihood of lower lows, we recommend patience. The only time when our previous XRP/USD trade plan will be null is when prices dip below 25 cents complete with high transactional volumes above Feb 24’s 61 million. Such a move confirms losses of mid-Nov 2018 and signal bears aiming at 15 cents.

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: March 26, 2019

  • On the upside, the bulls are expected to break the EMAs as price tests  the low price level.
  • On the downside, the crypto’s price will fall to the lows of either $0.28 or $0.29 if the $0.30 price level does not hold.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 25, the XRP price was in the bearish trend zone. The XRP price was in a tight range between the levels of $0.30 and $0.33 as the crypto’s price fell to test the lower price range. The XRP price has fallen to a low at $0.30039 and has commenced a bullish trend. The crypto’s price has completed the run of the lower price range.

On the upside, the bulls are expected to break the EMAs as price tests  the low price level. On the downside, the crypto’s price will fall to the lows of either $0.28 or $0.29 if the $0.30 price level does not hold. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The crypto’s price fell to a low at $0.29 but price pulled back to the high of $0.30110. The crypto’s price has been resisted by the 12-day EMA. If the bulls break the EMAs, the crypto’s price will be in the bullish trend zone. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 25, 2019

  • The crypto’s price fell and it is trading at the $0.30 as at the time of writing.
  • On the upside, the crypto’s price is expected to rise because the price has reached the lower price of the tight range.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was in the bullish trend zone and was trading in a tight range. The crypto’s price was trading in a tight range between the levels of $0.30 and $0.33. The $0.32 price level had become a strong resistance level because the bulls failed to break the resistance level on three occasions.

On March 21, the bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The crypto’s price fell and it is trading at the $0.30 as at the time of writing. On the upside, the crypto’s price is expected to rise because the price has reached the lower price of the tight range.

On the downside, if the bulls fail to break above the EMAs, the crypto’s price will fall and reach the previous lows of $0.28 and $0.29. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The crypto’s price fell below the 12-day EMA and the 26-day EMA and has been trading below the EMAs in the last five days. The 12-day EMA has been a resistance to the crypto’s price. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Long-Term Price Forecast: March 23, 2019

  • The $0.32 price level is a strong resistance level for the XRP price.
  • On the upside, a price breakout at the $0.32 price level will be a powerful breakout which will see price rally above the $0.34 price level.

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair is range bound between the levels of $0.30 and $0.33 in the month of March. The crypto’s price is trading in a tight range. In its tight range, the bulls have not been able to break the $0.32 price level. The bulls tested the $0.32 price level for the fourth times without breaking it.

The $0.32 price level is a strong resistance level for the XRP price. On the upside, a price breakout at the $0.32 price level will be a powerful breakout which will see price rally above the $0.34 price level. On March 21, the bears broke the 12-day EMA and the 26-day EMA as the price fell to the low at $0.30908.

The crypto’s price has completed run of the lower price range; the bulls are expected to make a bullish movement to the upper price level. Meanwhile, the MACD line and the signal line are at par with the zero line which indicates a sideways signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M


Ripple (XRP) Technical Analysis: March 21, 2019

  • On the downside, if the bears break below the EMAs, the crypto will depreciate further.
  • On the upside, if the price is sustained above the EMAs, the bulls will break the $0.32 resistance level and reach the $0.33 price level.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 20, the XRP price was in the bullish trend zone. Yesterday, the crypto’s price was trading below the 12-day EMA and the 26-day EMA at a price of $0.31. The bulls broke the EMAs as the price reached a high of $0.32 but the crypto's price closed at a price of $0.31. The crypto’s price is above the EMAs which indicate that price is likely to rise.

Presently, the crypto’s price is ranging above the EMAs. On the upside, if the price is sustained above the EMAs, the bulls will break the $0.32 resistance level and reach the $0.33 price level. On the downside, if the bears break below the EMAs, the crypto will depreciate further. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bullish trend. Yesterday, the bulls broke above the 12-day EMA and the 26-day EMA to reach the bullish trend zone. The bears were attempting to break below the EMAs.

On the downside, if the bears succeed in breaking below the EMAs,the XRP price will fall. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 20, 2019

Today's Ripple News

Here are some few facts about Digitec Galaxus AG, the largest online eCommerce operator serving Switzerland. The online retailer operates Digitec as well as Galaxus which runs ten stores in German and French-speaking parts of Switzerland.

Read: Ripple Submits “Potential Federal Reserve Action To Support Inter-bank Settlement Of Faster Payments” Paper To US Federal Register

By 2017, Digital Galaxus posted CHF 992 million in revenue thanks in parts to their mission of “enabling a comfortable and efficient shopping experience at consistently low prices.” Now, with the incorporation of cryptocurrencies, the retailer is about to register more gains, more exposure all thanks to new clients willing to experiment and even settle any of their one million products on offer. Of the ten digital assets supported including Bitcoin, XRP—the native coin of the XRP Ledger is included.

“As one of the first online shops in Switzerland, Digitec Galaxus now accepts cryptocurrencies: customers of the two online shops Digitec and Galaxus can now use Bitcoin Cash ABC, Bitcoin Cash SV, Ethereum, Ripple, Binance Coin, Litecoin, TRON, NEO or OmiseGo to pay for all purchases with a total of over CHF 200– or more.”

Also Read: UAE Banks Federation (UBF), Abu Dhabi Global Market (ADGM) Go Bull on Bitcoin in New FinTech Forum

This is no doubt a step in the right direction and precisely what the community was expecting. It must be noted that Digitec Galaxus is a well-respected retailer and for their first class services, they have won several accolades including the Swiss E-Commerce Award 2018. To enable the seamless experience, they are collaborating with coin processors Datatrans and Coinify. Fees will be at 1.5 percent.

XRP/USD Price Analysis

Despite these wonderful developments, Ripple (XRP) prices are flat and ranging within a 4 cents zone and unsurprisingly up 1.95 percent in the last month. As mentioned in our previous XRP/USD trade plan, we shall adopt a neutral but bullish outlook for Ripple (XRP) expecting prices to firm up in the next few days or weeks as bulls of late Dec and Jan 2019 flow in confirming bulls of Sep 2018.

Note that our anchor bar is that of Sep 2018 and as a high volume, wide-ranging trade bar currently confining price action, it is important that those movements are confirmed or bulls nullified. The only way that can happen is if prices rise above 40 cents and later 80 cents or drop below 25 cents.

Even so, odds of a capitulation is unlikely and unless there is oversupply and bears flow back because of fundamental reason driving prices below 30 cents, we shall shift tact and seek to unload. Otherwise, with firm fundamentals like recent listing at CoinBase, support at Digitec and integration at WooCommerce, odds are bulls are accumulating and after prices edge past 34 cents or the 61.8 percent Fibonacci retracement level, every pullback should be a buying opportunity with first targets at 40 cents or higher.

 

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Technical Analysis: March 20, 2019

  • Currently, the XRP price is in a tight range between the levels of $0.30 and $0.33.
  • On the downside, if the bearish trend continues the crypto’s price will revisit the $0.30 lower price range.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 19, the XRP price was in the bearish trend zone. Yesterday, the bulls broke above the EMAs and the bears immediately brought price below the EMAs. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.

On the downside, if the bearish trend continues the crypto’s price will revisit the $0.30 lower price range. Currently, the XRP price is in a tight range between the levels of $0.30 and $0.33. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. Yesterday, the bulls broke above the 12-day EMA and the 26-day EMA to reach a high of $0.31500. Today, the bears brought the price below the EMAs to a low at $0.31111.

The bulls are making another attempt to come above the bullish trend zone. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 19, 2019

Today's Ripple (XRP) News

By design, cryptocurrencies were made to reduce government control. It is through this realization that governments across the world are trying to regulate cryptocurrencies and blockchain in general. But it is not rocket science to see why they are trying to do this. Firstly, cryptocurrencies are global and as fiat competitors, they are better and immune to local politics. Secondly, by putting in place measures, they will have controls in place to efficiently collect taxes and even put in place necessary funds to expand digital currency by investing in crypto infrastructure.

Read: Mexico’s Attempt To Regulate Crypto Has Turned Into a Disaster, May Cripple the Economy

With the world shifting to cryptocurrency and adopting blockchain based solutions, regulations are maturing and now Mexico is planning to introduce their rules in a bid to regulate cryptocurrencies. Through the Official Gazette of the Federation, the Bank of Mexico issued a statement of their intent to implement laws that clarify their positions on cryptocurrencies.

Although we can glean from previous bills that the country may classify digital assets as property subject to taxation and not legal tender like government-issued fiat, there is a general consensus that despite the advantages presented by this burgeoning technology there is need to put in place regulations that foster development while not stifling innovation.

Also Read: South Korea’s Biggest Exchange BitHumb Will Slash Half of Its Staff as Bear Market Blues Strike Again

But it will be a delicate balance between efficacy and preventing total control. On one hand, proposed laws should not give governments strong hands to in a very short notice bar crypto-based transactions now that Mexico is a remittance hub and a region where Ripple Inc is working overtime to create payment corridors.

XRP/USD Price Analysis

Ripple

At the time of press, Ripple (XRP) is trading within a tight trade range with caps at 4 cents. Although we are bullish on the third most valuable cryptocurrency, we also realize that the coin is under pressure and yet to breach and close above 34 cents, a key resistance level and a price tag of interest.

Unless otherwise, price action proves us wrong, we shall hold a neutral stand on XRP and the only time we shall execute long positions is when prices race above 34 cents at the back of high transaction volumes preferably exceeding those of Feb 24—61 million but most importantly above averages of 15 million.

Technically, that rally will be a confirmatory move complementing bulls of Jan29-30 as well as those of Feb 25—when CoinBase announced their listing—which is bullish from an effort versus results point to point of view. It is once prices close above 40 cents is when XRP bulls would have little upside resistance and would likely print above 60 cents by mid-Q2 2019.

All Charts Courtesy of Trading View—BitFinex

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Author: Dalmas N


Ripple (XRP) Technical Analysis: March 19, 2019

  • On the upside, if the $0.31 price is holding, the bulls will break above the EMAs to revisit the $0.33 upper price level.
  • On the downside, if the $0.31 price level is not holding, the bears are likely to test the $0.30 lower price range.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 18, the XRP price was ranging at the $0.31 price level. On March 16, the bulls had tested the $0.32 price level and were resisted. It was the bearish trend that broke below the EMAs to reach a low of $0.31. The crypto’s price is ranging at the $0.31 price level while the bulls are attempting to break above the EMAs.

The crypto’s price itself had been in a tight range between the levels of $0.30 and $0.33. On the upside, if the $0.31 price is holding, the bulls will break above the EMAs to revisit the $0.33 upper price level.

On the downside, if the $0.31 price level is not holding, the bears are likely to test the $0.30 lower price range. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. Yesterday, the crypto’s price was trading at the $0.31 price level as it fell to the bearish trend zone. The bulls are attempting to break above the EMAs.

If the bulls break above the EMAs, the crypto ’s will appreciate in value. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Technical Analysis: March 18, 2019

  • The XRP price is trading at $0.32 as at the time of writing.
  • This week the price is expected to range between the levels of $0.30 and $0.33 price level.

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Last week, the XRP price was range bound at the $0.31 price level. On March 13, the bulls took price to the $0.33 price level. The bears immediately made a downward correction to the low of $0.31. On March 16, the bulls made another bullish movement and it was resisted at the $0.33 price level. The price fell to the support of the 26-day EMA to commence a bullish trend.

This week the price is expected to trade between the levels of $0.30 and $0.33 price level. On the upside, if the bulls break the $0.33 price, the crypto’s price will reach the highs of $0.40 and $0.50. On the downside, if the bears break the $0.30 price level, the crypto will fall to the lows of $0.28 and $0.29 price levels. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bullish trend. The crypto’s price has reached a high of $0.32 but a bearish candlestick broke the trend line terminating the bullish trend. The XRP price is trading at $0.32 as at the time of writing.

The crypto’s price is likely to fall to the lower price range. Meanwhile, the XRP price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 17, 2019

Obviously, CoinBase is a big player in the decentralization set-up—even if it is centralized. It is also super capitalized estimated to be around $8 billion. In part, to show how liquid it was, the exchange’s COO said they had to receive $300 million in the last Series E funding, money they didn’t need, but would nevertheless help them create a robust base as they plan to add more assets for their users.

Read: The SEC Could Be Resisting Billions of Dollars into the US Economy By Postponing Bitcoin ETF

The addition of XRP came after extended period of demand, rumors and claims of regulator hindrance as the topic of XRP as a security continue to pop up from time to time. All the same, the so-call CoinBase effect is quickly fading, that is, if we check our charts and see what has become of XRP prices and the support was accompanied by claims of bribery.

The effect wasn’t enough to reverse strong liquidation and subsequent momentum is yet to yield better valuation as prices bottom up.

Also Read: Central Banks Losing Control Over Markets? Europe’s Leading Policy Makers Throw in the Towel

All the same, the re-branding of Toshi to CoinBase wallet reveals their intention of being a big influence in blockchain driving adoption. The wallet now supports XRP and what more interesting is that users would have control of their private keys bettering the ecosystem.

XRP/USD Price Analysis

Ripple

From the chart, Ripple (XRP) is consolidating and moving within a tight trade range. Even though we retain a bullish outlook on this pair, the undervaluation of XRP is visible in part because of its failure to confirm Jan 30 bulls in the last few days.

Statistics reveal that XRP is up 3.5 percent in the last week but it is still trading below 34 cents as prices accumulate. At this rate, it is one of the poor performing coins, which is odd for XRP known for rallying whenever BTC prices increase. As it is, we recommend patience and the longer the BB squeeze, the stronger the breakout and that would possibly form a basis for a rally past 34 cents—the 50 percent Fibonacci retracement level of Dec 2018 high low and later 40 cents, the highs of Dec 2018.

It is after prices close above 34 cents with the breakout bar registering high transaction volumes above 16 million average or 61 million of Feb 24 that traders can begin initiating longs with first targets at 40 cents and 60 cents. On the flip side, losses below 30 cents with equally high transaction volumes, confirms losses of Feb 24 setting up bears keen on retesting 25 cents and printing lower.

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Technical Analysis: March 16, 2019

  • The crypto’s price is trading in a tight range.
  • Nevertheless, if the XRP price rises it is expected to test or break the $0.33 resistance level.
  • On the other hand, if the price is resisted at the $0.33 price level, the crypto’s price will fall below the EMAs.

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair was range bound between the levels of $0.30 and $0.33 in the month of March. The crypto’s price is trading in a tight range. The XRP price fluctuates below and above the 12-day EMA and the 26-day EMA. Presently, the crypto’s price is above the EMAs which indicate that price is likely to rise.

Nevertheless, if the XRP price rises it is expected to test or break the $0.33 resistance level. On the other hand, if the price is resisted at the $0.33 price level, the crypto’s price will fall below the EMAs. This will result in the crypto’s price testing or breaking the $0.30 price level. For sometimes now these levels have remained unbroken.

A price breakout or a price breakdown is imminent in the nearest future. Meanwhile, the MACD line and the signal line are at par with the zero line which indicates a sideways signal. In addition, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M


Ripple (XRP) Technical Analysis: March 14, 2019

  • The crypto’s price is making a downward correction to a low at $0.31.
  • If the bears break below the EMAs, it would have erased the bullish gains of the previous day.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 13, the XRP price was in a bullish trend. The crypto’s price had a price breakout that reached a high of $0.33 but closed at a price of $0.32. The crypto’s price is making a downward correction to a low at $0.31.

On the upside, if the bulls sustain the price level above the 12-day EMA and the 26-day EMA, the crypto’s price will rise to revisit the previous highs. On the downside, if the bears break below the EMAs, the crypto will be in a downward trend. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero lines which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. Yesterday, the crypto’s price was in a range bound movement at a price of $0.31 before the price breakout. The bulls took price to a closing price of $0.32. The bears immediately made a downward correction to the support of the 26-day EMA. The bears are attempting to break below the EMAs.

If the bears break below the EMAs, it would have erased the bullish gains of the previous day. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Daily Price Forecast: March 13, 2019

Today's Ripple News

Part of Ripple’s objective is to not only transform how things are done in traditional finance but prioritize end users. Often times, users get a raw deal when payment processors and banks acting as third parties charge exorbitant fees. Before blockchain, they didn’t have a choice but pay a premium if they were to send or receive money faster. But things are changing.

Read: Forte Blockchain Gaming System Secures $100 Million In Funding From Ripple For Developers

On one end, Ripple through Xpring is sinking millions of dollars with the sole objective of creating a solid ecosystem where XRP will be used for settlement. Already, Omni and Coil through the ILP will make this possible. On the other, they are on-boarding clients and although most banks are still using the now improved SWIFT network, steps are being made.

One of them is their emphasis that Ripple Inc and Ripple Labs are two distinct companies and that XRP, though critics say is unnecessary and an air-drop, is useful for some of Ripple Inc solutions. An upgrade was made on xCurrent uncertainty around XRP is preventing widespread adoption and therefore the opportunity for banks to experience what speed and cost-cutting is.

Also Read: IBM’s Crypto Presence is Growing with New Tools for Banks and Custodians with Shuttle Holdings

In the meantime, we expect XRP use base to increase after dedicating $100 million and in partnership with Forte—a team of gaming experts—aim to empower developers to keen on creating blockchain based games.

XRP/USD Price Analysis

Ripple

At the time of writing, XRP is down 1.8 percent from last week’s close but stable in the last 24 hours. Even so, with strong support at 30 cents, it means prices are largely consolidating within a 4 cents range with upper and lower limits at 34 cents and 30 cents. Moving on, the path of least resistance should be up as projected and laid out by bulls of late Sep 2018.

However, the only obstacle threatening liquidation is the conspicuous, high-volume, wide-ranging bear bar of Feb 24. The failure of bulls to reverse these losses point to weakness but luckily for bulls, the only way bears will be in charge if there is a drop below 30 cents with this sell off at the back of high trading volumes exceeding 61 million.

With a bull bar and therefore a double bar bull reversal pattern printing off 30 cents, there is a likelihood that prices will rally above 34 cents as risk-off long positions are triggered ushering in re-invigorated buyers meaning XRP could as well retest 40 cents in days ahead. Once there is a convincing close above 40 cents, traders can begin fine-tuning entries in lower timeframes with first targets first at 60 cents and later at 80 cents.

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Technical Analysis: March 13, 2019

  • The crypto’s price is ranging below the EMAs at the $0.31 price level.
  • If the bulls break above the EMAs, the crypto’s price will be in a bullish trend and will retest the $0.32 and $0.33 price levels.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 12, the XRP price was in a bearish trend. The XRP price fell to a low at $0.31 and commenced a bullish movement. The bulls were resisted by the 12-day EMA and the 26-day EMA. The crypto’s price is ranging below the EMAs at the $0.31 price level. If the bulls break above the EMAs, the crypto’s price will be in a bullish trend and will retest the $0.32 and $0.33 price levels.

On the other hand, if the bulls failed to break the EMAs, the crypto’s price will fall and tests the previous lows. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The bulls broke the 12-day EMA and the 26-day EMA but the bears pulled back to the bearish trend zone. The XRP price is trading at $0.31 in a range bound movement.

The EMAs are trending horizontally indicating that price is in a sideways trend. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Technical Analysis: March 12, 2019

  • The XRP price is currently in a tight range between the levels of $0.30 and $0.32.
  • On the upside, if the crypto’s price tests the $0.30 lower price level, the crypto will resume its uptrend.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 11, the XRP price was in a bearish trend after testing the $0.32 resistance level. Previously, the crypto’s price was range bound between the levels of $0.28 and $0.34. Now it is currently in a tight range between the levels of $0.30 and $0.32. From the chart, on March 6, the crypto’s price tested the $0.33 upper price level and the crypto fell to a low of $0.31444. On March 9, the crypto’s price tested the $0.32500 resistance level, and the crypto’s price fell to a low of $0.31700.

Lastly, on March 10, the bulls tested the $0.32500 resistance level and price fell to another low at $0.31454. The crypto’s price is below the EMAs which indicate that price is likely to fall. If the bearish trend does continue, the crypto’s price will fall and test the lower price range. On the upside, if the crypto’s price tests the $0.30 lower price level, the crypto will resume its uptrend.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. On March 11, the bulls broke the 12-day EMA, the 26-day EMA and price reached a high of $0.31772. The bears pulled back price to the low of $0.31454. The crypto’s price is expected at the $0.30 price level.
Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M


Ripple (XRP) Technical Analysis: March 11, 2019

  • The XRP price is trading  at $0.31 as at the time of writing.
  • The crypto’s price is likely to fall to a low of $0.30 or $0.31 before commencing a bullish movement back to the bullish trend zone.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Last week, the XRP price had been ranging between the levels of $0.28 and $34. On March 5, the XRP price fell to a low of $0.30 and commenced a bullish movement. The bulls broke  the 12-day EMA and the 26-day EMA to reach a high of $0.33. On March 7, the bears broke below the EMAs after being resisted at the $0.33 price level.

The crypto’s price fell to a low of $0.31. This has been the scenario as price moves below and above the EMAs. Today, the bears have broken below the EMAs after being resisted at the $0.32 price level. The crypto’s price is likely to fall to a low of $0.30 or $0.31 before commencing a bullish movement back to the bullish trend zone.

Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are neither above nor below the zero line which indicates a sideways trend signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. On March 10, the bears tested the $0.32 price level and pulled back to a range bound movement above the EMAs. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M


Ripple (XRP) Long-Term Price Forecast: March 9, 2019

  • The upper and lower range bound levels have remained unbroken since January 10.
  • If the support level does hold traders should initiate long trades in anticipation of a bullish trend.

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair is range bound between the levels of $0.30 and $0.33 in the month of March. In the previous month of February, the crypto was range bound between the levels of $0.28 and $0.34. The upper and lower range bound levels have remained unbroken since January 10. The bulls have not been able to break the $0.34 price level.

Also, the bears have not been able to break the $0.28 price level. On March 8, the bears broke the 12-day EMA and the 26-day EMA which indicates that price is likely to fall to the lower price range. If the price falls to the $0.30 price level, the support level is likely to hold since the crypto is range bound.

If the support level does hold traders should initiate long trades in anticipation of a bullish trend.  Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M


Ripple (XRP) Technical Analysis: March 7, 2019

Today's Latest Ripple News

In their own special ways, banks are unique. On one end, they have been accused of being rigid and “anti-technology” or maintaining status quo. But, what else can they do? As part of the network that brings liquidity, enabling businesses and globalization, they rarely have time to experiment on untested tech. SWIFT might be a 40 plus year organization.

Read: Crypto Custodian BitGo Could Have Exaggerated Insurance Coverage Using Ambiguous Language

A self-serving network, SWIFT tech was intact until recently when Ripple inc decided to flout several solutions that if existing banks find worthy of absorbing will mean lost business. Still, the network is one of the largest, dominant but not the fastest as far as transaction settlement is concerned.

It may not be done in split seconds but then again we it won’t take more than 24 hours—at least from what they say and the result of their recent upgrades. Nonetheless, payment processors, credit unions and some banking institutions are interested in xRapid and XRP. Launched back in October during the SWELL conference, it appears as if the payment processing service is now commercially available.

Also Read: CoinBase CEO: Neutrino Wasn’t the Easy Decision but the Right Outcome

Mercury FX, in a tweet, said they are ready for business for individuals and firms ready to remit money via the US—Mexico and Philippines route. All the same, it will be until after we have synchrony and governments agree that crypto is an efficient tech, not a tool for money laundering as purported to be. That will open up additional corridors like the US—India channel which is expected to add liquidity to the network.

XRP/USD Price Analysis

Ripple XRP

At the time of press, XRP is struggling against the USD. It is stable in the last day and week and because prices are trending above 30 cents, our previous XRP/USD trade plan is valid. From candlestick arrangement clear in the daily chart, buyers are technically in charge.

However, they are finding liquidation at the 34 cents level and are therefore held in a consolidation as counter bars of late Feb guide bulls back to their original path.

In light of recent events—addition of XRP at CoinBase Pro and CoinBase, XRP liquidity will deepen and as demand increase, prices will definitely rise, finding support at 30 cents with first targets at 40 cents at the back of high transactional volumes.

Hints are there in the weekly chart. There, prices are in consolidation inside Week ending Nov 23 bull bar meaning buyers stand a chance from an effort versus results point of view. Regardless of our optimism, it is only after prices rally above 34 cents or the 61.8 percent Fibonacci retracement level of Dec 2018 high low is when risk off traders can load up on dips with first targets at 40 cents and later 60 cents. Make sure to read our entire Ripple (XRP) price prediction page for more analysis and insights!

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: March 7, 2019

  • On the upside, the bulls will break the $0.33 and $0.34 resistance levels, if the price is sustained above the EMAs.
  • On the downside, if price retraces and breaks the EMAs, it will result in the crypto’s price falling.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 6, the XRP price was in a bullish trend zone. Yesterday, the XRP price was ranging above the $0.30 price level in the bearish trend zone. However, the bulls broke the 12-day EMA, the 26-day EMA and reached the bullish trend zone. Yesterday, the crypto’s price made a downward correction after reaching a high of $0.32.

Today, the bullish trend is ongoing. On the upside, the bulls will break the $0.33 and $0.34 resistance levels, if the price is sustained above the EMAs. On the downside, if price retraces and breaks the EMAs, it will result in the crypto’s price falling. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The 12-day EMA and the 26-day EMA are trending northward indicating that price is in a bullish trend. Yesterday, the crypto’s price is fluctuating below and above the 12-day EMA.

Today, the crypto’s price is above the EMAs which indicate that price  is likely to rise. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: March 6, 2019

  • The crypto's price reached a high of $0.32 and commenced a retracement.
  • On the downside, the retracement is likely to break the EMAs which will result in the price falling.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 5, the XRP price was in a bullish trend zone. Yesterday, the bulls broke the 12-day EMA and the 26-day EMA to reach the bullish trend zone. It was assumed yesterday that the crypto's price would retest the $0.34 resistance level. The crypto's price reached a high of $0.32 and commenced a retracement.

This price retracement invalidates the earlier assumption of price reaching a high of $0.34. On the downside, the retracement is likely to break the EMAs which will result in the price falling. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The crypto' price is in the bullish trend zone as the price reached a high of $0.32. However, the bears are attempting to break below the 12-day EMA and the 26-day EMA to reach the bearish trend zone.
Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: March 5, 2019

  • If the bulls defend the support level, the crypto’s price is likely rise to break the EMAs. A retest of $0.34 resistance level is probable.
  • On the downside, if the bearish trend continues, the crypto will find support at $0.29 price level.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 4, the XRP price was in the bearish trend zone. The crypto’s price fell to the low of $0.30 and commenced a bullish movement. The $0.30 price level was the previous support level which is likely to hold. Yesterday, it was assumed that if the bearish trend continues, the crypto will find support at either $0.29 or $0.30 price level.

If the bulls defend the support level, the crypto’s price is likely rise to break the EMAs. A retest of $0.34 resistance level is probable. On the downside, if the bearish trend continues, the crypto will find support at $0.29 price level. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The bulls have broken the 12-day EMA and the 26-day EMA to reach the bullish trend zone, If the bulls sustained price above the EMAs, the crypto will revisit the highs of $0.34 and $0.40. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: March 4, 2019

  • Today, the crypto’s price is trading below the EMAs at the $0.31 price level.
  • On the downside, if the bearish trend continues, the crypto will find support either at $0.29 or $0.30 price level.

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was in a bearish and bullish trend zones. On February 25, the crypto has a price rally as the bulls reached a high of $0.34. Also, the XRP price was resisted at the $0.34 price level which resulted in the crypto falling back to the bearish trend zone. Today, the crypto’s price is trading below the EMAs at the $0.31 price level.

On the downside, if the bearish trend continues, the crypto will find support either at  $0.29 or $0.30 price level. On the upside, if the bulls break above the EMAs, the crypto will resume its uptrend and reach the high of $0.32 or $0.33 price levels. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. On March 1, the bears break below the 12-day EMA and the 26-day EMA to reach the bearish trend zone. As the price is below the EMAs, the crypto’s price has the tendency to fall.

If the bearish trend continues, the crypto’s price will find support at the previous low of $0.30. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: March 2, 2019

  • The crypto appreciated by 3% of its capitalization in the month of February.
  • On the upside, if the bulls break the $0.34 resistance level , the crypto’s price will reach a high of $0.40.

XRP /USD Price Long-term Trend: Bullish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair was in a bullish trend in the month of February. On February 1, the crypto’s price has an opening balance of $0.31 but closed trading on February 28 at a price of $0.32 . The crypto appreciated by 3% of its capitalization in the month of February. At the beginning of the month, the crypto traded under the bearish trend zone at the price of $0.31.

The price fell to a low of $0.30 and commenced a bullish movement. On February 17, the bulls broke the 12-day EMA and the 26-day EMA to reach the bullish trend zone. The crypto’s price reached a high of $0.34. The XRP price faces resistance at a high of $0.34 . The level had not been broken since January 10. On February 24, the price had a downward correction.

On March 1, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. On the upside, if the bulls break the $0.34 resistance level , the crypto’s price will reach a high of $0.40. Meanwhile, the MACD line and the signal line are above the zero line which indicate a buy signal. In addition, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: March 1, 2019

  • If the crypto’s price rises, the XRP price will retest the $0.34 resistance level.
  • Yesterday, the crypto’s price was fluctuating between the levels of $0.31 and $0.32 and was trading below the EMAs.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, February 28, the XRP price was in a bearish trend zone. The crypto’s price was fluctuating between the levels of $0.31 and $0.32 and was trading below the 12-day EMA and the 26-day EMA. Yesterday, the bulls made an attempt to break the EMAs but were resisted. Today, the bulls have broken above the EMAs to reach the bullish trend zone.

If the bulls sustain a price above the EMAs, the crypto’s price is likely to rise. On the upside, if the crypto’s price rises, the XRP price will retest the $0.34 resistance level. On the downside, if the bulls fail to sustain a price above the EMAs, the bears will pullback price below the EMAs.
Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The bulls have broken the 12-day EMA and the 26-day EMA to reach the bullish trend line. The bulls have to sustain hold above the EMAs for the price to rise. If the price is sustained above the EMAs, the bulls will rise to reach the previous highs. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: February 28, 2019

  • The XRP price fell to a low of $0.31 and commenced a bullish movement.
  • If the bulls failed again to break above the EMAs, the crypto’s price is likely to fall to the previous support of $0.30.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, February 27, the XRP price was in a bearish trend zone. The crypto’s price was below the 12-day EMA and the 26-day EMA as the bulls failed to break above the EMAs. The XRP price fell to a low of $0.31 and commenced a bullish movement. If the bulls failed again to break above the EMAs, the crypto’s price is likely to fall to the previous support of $0.30.

On the downside, the crypto’s price is already below the EMAs which have the tendency to fall. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is in a sideways trend. Yesterday, the bears broke below the EMAs but the bulls pulled back price.

The bulls were resisted by the 26-day EMA and the crypto’s price commenced a range bound movement. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: February 27, 2019

  • The XRP price is trading at $0.32 and it is  likely to fall to the $0.30 price level.
  • If the $0.30 price level is broken the crypto will find support at either $0.29 or $0.28 price levels.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, February 26, the XRP price was in a bearish trend zone. Yesterday, the bears broke the 12-day EMA and the 26-day EMA as the crypto’s price fell to the bearish trend zone. The XRP price is likely to fall to the $0.30 price level. Nevertheless, if the $0.30 price level is broken the crypto will find support at either $0.29 or $0.28 price levels.

On the upside, the bulls may defend the $0.30 price level from further depreciation. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 25, the bulls were resisted after failing to break the $0.34 price level. The crypto’s price has been retracing and has broken the 12-day EMA and the 26-day EMA.

The XRP price has fallen to the low of $0.32 and it is commencing a range bound movement  below the EMAs. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: February 26, 2019

Latest Ripple News

Agitation took time and with CoinBase sticking to their Listing Rules, the now-known XRP Army didn’t relent. The world’s largest exchange by adjusted volumes set the ground rolling by making XRP base and weeks later, CoinBase, one of the largest and trusted exchanges in the US is finally following other exchanges, recognizing XRP as a utility and availing it to their more than three million users.

Read: XRP Price Prediction Comes to Light: How This Ripple Forecast Materialized into Truth for Trading Analyzers

To that end, XRP prices surged reversing losses of Feb 24, reaffirming the presence of buyers at 30 cents. If anything, series of the supportive technical formation around this mark makes 30 cents a psychological support level and a possible foundation for XRP moon sling in coming days.

CoinBase, as we know, is gradually shifting away from being a conservative, utility asset trading crypto exchange and the addition of XRP to their CoinBase Pro trading platform is a departure from what they stood at for so long.

Also Read: CoVenture Crypto Report Shows Several Bitcoin Exchanges are Engaging in Volume Manipulation

Mired by security talks and the failure of the SEC to once and for all clear the air and classify properly classify XRP, the inclusion is perhaps a testament that XRP is indeed what Brad Garlinghouse and other executives have been insisting on decentralization.

True, Ripple Labs the official issuers of XRP and a company formed by Jed McCaleb and Chris Larsen are independent of Ripple Inc. The latter happens to own a majority of XRP of which one of their three main products, xRapid leverage on. The listing of XRP at CoinBase is a subtle statement that the asset is after all a utility and not subject to SEC laws.

XRP/USD Price Analysis

Ripple

At the time of press, XRP was trending near last week’s close but up 6.1 percent in the last day. This is positive and only confirms that XRP is supported by the so-called “strong” hands at 30 cents—our minor support level and an important psychological mark. Moving on, we shall trade in line with our previous XRP/USD trade plan.

The best course of action, in light with the shake out of Feb 24 and the resurgence of demand at 30 cents, is to wait for a conclusive close above our minor resistance level and buy trigger at 34 cents. Ideally, we would like to see sharp market participation complementing yesterday’s volumes—52 million and it is only after when such a trade signal prints are when participants can ramp up on dips with first conservative targets at 40 cents and later 60 cents.

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: February 26, 2019

  • On the downside, if the bears break below the EMAs, the crypto will resume the downward trend.
  • On the upside, if more buyers are introduced at the $0.34 price level, the bulls will break the $0.34 resistance level.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, February 25, the XRP price was in a bullish trend zone. The bulls broke the 12-day EMA and the 26-day EMA after a range bound movement . The crypto's price  tested the $0.34 resistance level but was unable to break it. The bears pulled back price as the crypto fell to a low of $0.33. The crypto’s price is in the bullish trend, and the XRP price has the tendency to rise.

On the upside, if more buyers are introduced at the $0.34 price level, the bulls will break the $0.34 resistance level. On the downside, if the bears break below the EMAs, the crypto will resume the downward trend. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend zone. Yesterday, the XRP price was in a sideways trend but the bulls broke the 12-day EMA and the 26-day EMA to reach the bullish trend zone. The crypto’ s price is retracing after testing the $0.34 resistance level.

The crypto’s price fell to the support of the 12-day EMA. The XRP price is making another bullish movement at the support of the 12-day EMA. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: February 25, 2019

  • The bulls broke above the $0.34 price level but were resisted at the $0.35 price level.
  • The XRP price fell to the $0.30 price level. If the bears break the $0.30 price level, the crypto will find support at the $0.29 price level.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was in a bullish trend zone. On February 23, the bulls reached the $0.34 price level. The bulls broke above the $0.34 price level but were resisted at the $0.35 price level. The XRP price fell to the $0.30 price level. The crypto’s price has already fallen to its previous low.

If the bears break the $0.30 price level, the crypto will find support at the $0.29 price level. If the $30 price level is holding, the traders should initiate long trades in anticipation of a bullish trend. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 24, the bears broke the 12-day EMA, the 26-day EMA and fell to the bearish trend zone. The crypto's price fell to the low of $0.30 to commence a range bound movement.

The XRP price is likely to have a price breakdown as the price is below the EMAs. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Feb 23, 2019

  • The crypto is expected at the $0.34 and $0.40 price levels.
  • The crypto's price made a pullback to the low of $0.32 and commenced a range bound movement.

XRP /USD Price Long-term Trend: Bullish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair is in a bullish trend zone in the month of February. In the first three weeks, the crypto was in the bearish trend zone trading at the $0.30 price level. On February 18, the bulls broke the 12-day EMA, the 26-day EMA and reached a high of $0.33. The price made a pullback to the low of $0.32 and commenced a range bound movement. The crypto’s price is is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. The crypto is expected at the $0.34 and $0.40 price levels.

The crypto will commence a bullish movement after the range bound movement.
Meanwhile, the MACD line and the signal line are below the zero lines which indicate a sell signal. In addition, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.


Ripple (XRP) Technical Analysis: February 22, 2019

Latest Ripple News

It’s true that cryptocurrencies are an effective tool for persons or companies that prioritize control, efficiency, and privacy more than speed for example. Compared to traditional networks as Visa, for example, Ripple and similar DLTs lag in speed. Indeed, it has been demonstrated that the XRP ledger can scale and even process more than 1,500 Transactions per second while settling in four seconds or less. Once Cobalt rolls out then settlement will be in less than a second—which is instantaneous if you ask me.

Read: Bitcoin ETF Approval Decision In The United States Will Influence Korea’s Growing Crypto Market

Although centralized networks are fast, transactions via the XRP Ledger are cheap and without red tape. It is even possible to move tons and the end results are bills quoted in cents which is unheard of in centralized network. Thanks to these unparalleled features, millennials are gravitating towards crypto and even investing in a technology that will probably shape finance in the coming years.

In a survey carried out by eToro, out of the 1,000 interviewed, 43 percent said they trusted crypto exchanges more than traditional stock exchanges despite the latter being heavily regulated and the former operating in bases where regulation favor DLTs and digital assets.

Also Read: Deutsche Börse’s Eurex Derivatives Exchange Prepares to Launch New Crypto Futures Contracts

Of those who don’t trade, 71 percent said they are ready to get immersed in crypto if and only if these assets were offered in traditional institutions. With the trustless nature of cryptocurrencies and blockchain in general, this survey points to a possible shift in sentiment with the new batch of investors preferring a trustless, mathematics-based environment over-centralization and regulation.

XRP/USD Price Analysis

Price wise and XRP is under immense pressure. Even so, this has been the case in the last few days. While coins as BNB and ETH were printing new highs and retesting key resistance levels, XRP performance was modest but dismal. Prices found support at 30 cents but the inability of bulls to rally and clear the 34 cents mark is and will be technically bearish for the third most valuable coin.

From our previous iterations, it is imperative that prices edge above 34 cents—the 61.8 percent Fibonacci retracement level based off Dec 2018 high low at the back of above average volumes exceeding those of Feb 18 and most importantly those of Jan 10—83 million. The bar is bearish and what we need before trading is a complete reversal of those losses as buyers pick up in the direction of Sep 2018 trend.

However, from candlestick arrangement, odds are bulls will snap back to trend mainly because of XRP rejection of lower lows—check out the triple bottoms marked by swells in prices and volumes off the 30 cents mark. Assuming there is a break above 34 cents and all the volume indicators endorse buyers, then our first target will be at 40 cents and later 60 cents.

All Charts Courtesy of Trading View—BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: February 22, 2019

  • The XRP price is trading at $0.32 as at the time of writing.
  • The bears break below the EMAs which indicates that the crypto will depreciate to the lows of either $0.30 and $0.31.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, February 21, the XRP price was in a bearish trend zone. Yesterday, the bears broke below the 12-day EMA and the 26-day EMA. The crypto fell to the low of $0.32 and commenced a range bound movement at the price of $0.32. The XRP price is below the EMAs which indicate that price is likely to fall.

After the range bound movement, if the bears have a price break down, the crypto will depreciate to the lows of $0.30 and $0.31. On the other hand, if the bulls have a price breakout, the crypto will reach a high of $0.34. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. The crypto’s price was ranging at the price of $0.33 for days before the bears break below the EMAs as the price fell to the low of $0.32.

The crypto’s price is now below the EMAs fluctuating at the price of $0.32 . Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: February 21, 2019

  • If price breaks below the EMAs, the crypto will resume a downward trend.
  • The XRP price is trading at $0.33 price level but in a range bound movement.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, February 20, the XRP price was in a bullish trend zone. On February 19, the bulls reached a high of $0.34 and made a downward correction. The crypto’s price fell to the low of $0.32 and at the support of the 12-day EMA. Today, the XRP price is in a range bound movement at the price of $0.33.

Nevertheless, the crypto’s price is likely to rise because it is above the 12-day EMA and the 26-day EMA. On the downside, if price breaks below the EMAs, the crypto will resume a downward trend. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend zone. On February 19, the crypto’s price was trading in the bearish trend zone. On February 20, the crypto’s price was fluctuating below and above the 12-day EMA and the 26-day EMA. Today, the crypto ‘s price is below the EMAs. The crypto’s price is below the EMAs and may likely fall. The XRP price is trading at $0.33 as at the time of writing.


Ripple (XRP) Daily Price Forecast: February 20, 2019

  • The crypto’s price is likely to rise if the price is sustained above the EMAs and the bulls break the $0.34 resistance level.
  • The crypto’s price reached a high of $0.34 but it is currently trading at $0.33 as a result of price resistance.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, February 19, the XRP price is in a bullish trend zone. The crypto’s price reached a high of $0.34 but was resisted. The bullish trend was also terminated as the bearish candlestick broke the trend line while the following candlestick closed on the opposite of it. The XRP price has fallen to the support of the 12-day EMA. The crypto’s price fell to a low of $0.32 and commenced another bullish movement.

On the upside, the crypto’s price is likely to rise, if the price is sustained above the EMAs and the bulls break the $0.34 resistance level. On the downside, if the bears break below the EMAs, the crypto will fall to the low of $0.30. Meanwhile, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bullish trend zone. Yesterday, the bulls tested the $0.34 resistance level twice and were resisted. The XRP price fell and broke below the 12-day EMA and the 26-day EMA.

The crypto’s price is below the EMAs and may likely fall. The XRP price is trading at $0.33 as at the time of writing. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 19, 2019

  • The XRP price is in an upward price movement and it is trading at $0.33.
  • The crypto is likely to reach the $0.40 price level,if price is sustained above the EMAs.

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, the XRP price is in a bullish trend zone. The XRP price is making a series of higher highs and higher lows. Yesterday, the bulls broke the $0.31 resistance level. A trend line is drawn showing the support level where traders can initiate long trades. As at the time of writing, the bullish trend is ongoing because the trend line is unbroken.

A trend is said to be terminated if the trend line is broken and the following candlestick is closed on the opposite of it. The crypto’s price is expected to rise but may face resistance at the $0.33 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend zone. The crypto’s price is in a smooth uptrend. Meanwhile, the crypto is facing resistance at the $0.33 price level. A bearish candlestick is breaking the 12-day EMA. However, if the bears break the EMAs, the crypto will be in the bearish trend zone.

This will result in price depreciation. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto's price is above the EMAs which indicate that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: February 18, 2019

XRP/USD Medium-term Trend: bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Last week, the XRP price was in a sideways trend zone. On February 8, the bulls broke the 12-day EMA and the 26-day EMA as the price reached a high of $0.32. Immediately, the bears made a downward correction to the low of $0.30. The crypto's price had been range bound at the $0.30 price level in the previous week.

Also, 12-day EMA and the 26-day EMA were trending horizontally indicating the sideways trend. Last week it was assumed that the cryptocurrency is likely to have a price breakout or price break down. Meanwhile, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: bullish

On the 1-hour chart, the XRP price is in a sideways trend zone. The crypto’s price is fluctuating above and below the 12-day EMA and the 26-day EMA. On February 17, the crypto ‘s price fell to the low of $0.30 and commenced a bullish movement.

The bulls broke the 12-day EMA and the 26-day EMA as the price reached a high of $0.31. The XRP price faces resistance as it was repelled at the $0.31 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto's price is above the EMAs which indicate that price is in the bullish trend zone.


Ripple (XRP) Long-Term Price Forecast: Feb 16, 2019

XRP /USD Price Long-term Trend: Bearish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The XRP/USD pair had been in the bearish trend zone in the month of January. The crypto’s price had been trading as the price fell from the high of $0.36 to the low of $0.31 in the month of January. In other words, the crypto lost about 13.88% of capitalization in the month of January. On February 8, the bulls broke the 12-day EMA and the 26-day EMA.

The crypto’s price reached a high of $0.32 but the price made a pulled back to the low of $0.30. The XRP price is ranging at $0.30 after the downward correction. In the nearest future, the cryptocurrency is likely to resume its bullish trend.

The crypto will commence a bullish movement after the range bound movement. Meanwhile, the MACD line and the signal line are below the zero lines which indicate a sell signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 15, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 14, the XRP price is in a sideways trend zone. The crypto’s price has continued to range at the $0.30 price level for the fifth day. The crypto’s price fluctuates below and above the 12-day EMA and the 26-day EMA. In the previous days, the bulls have not been able to go above the $0.31 price level.

On the other hand, the bears also have not been able to break the $0.30 price level. A price breakout or price breakdown will determine the direction of the price. The EMAs are trending horizontally indicating the sideways trend. Meanwhile, the crypto’s price is neither below nor above the EMAs which indicate that price is in a sideways trend zone. The MACD line and the signal line are at par with the zero line which indicates a neutral signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend zone. The crypto’s price is fluctuating above and below the 12-day EMA and the 26-day EMA. Whereas the EMAs are trending horizontally indicating that price is in a sideways trend.

The crypto’s price is below the EMAs as the bulls  broke above the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is above the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 14, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 13, the XRP price was in a sideways trend zone. The cryptocurrency has established itself at the support of a $0.30 price level. On February 10, the crypto’s price made a downward correction as the price fell to the low of $0.30. At this low, the bulls broke the 12-day EMA and the 26-day EMA and reached the $0.31 price level.

On February 11, the bears brought the price to its low $0.30. This has been the scenario as the crypto is still trading at the support level of $0.30. Meanwhile, the crypto’s price is above the EMAs which indicate that price is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend zone. On February 13, the crypto’s price fluctuates below and above the 12-day EMA and the 26-day EMA. At the 1-hour chart, the crypto’s price is below the EMAs. This indicates that the price is likely to fall.

If the bearish pressure continues, the crypto’s price will find support at the $0.29 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Technical Analysis: February 13, 2019

Latest Ripple News

It wasn’t until last year when Ripple Inc disassociated themselves from Ripple Labs. Before then, they were synonymous and the two were one and the same thing—at least in our eyes. Ripple Inc, remains a $49 billion startup actively promoting three main products: xCurrent, xVia, and xRapid.

Read: New BitMEX Research: Retail Banking, Payment Systems Might Be Safe from Next Financial Crisis Threat

The only thing that most are not comfortable with is that they own a majority of XRP—which are officially issued by Ripple Labs. Ripple Labs is a company that precedes Ripple and was formed back in 2004 by Chris Larsen—the chair of Ripple and Jed McCaleb, the founder of Stellar Foundation accused on flouting a liquidation contract limiting him on the number of XRP he can sell on any given day.

All the same, one thing remains: Ripple and Ripple Labs—the official issuers of the world’s third most valuable coins are distinct and independent. However, they acknowledge that one of their main products, xRapid use XRP as a liquidity tool once a financial institution adopts it.

Also Read: Crypto Twitter User Reveals Bitmain Tried and Fails to Lock Down the S15 Firmware

It is for this reason that Ripple Inc is vehement and reiterating once again that their compensation packages exclude XRP bonuses. This is contrary to what has been doing rounds where an anonymous engineer claims to have been offered a generous salary offer and XRP bonuses exceeding $1 million.

“Ripple does not offer engineering compensation packages that include XRP bonuses. In late 2018, we found out that a contracted recruiter was incorrectly suggesting to prospective employees that such packages were available. That individual has not worked on our behalf in months.”

XRP/USD Price Analysis

Ripple

Prices are struggling to stay afloat and weather strong sell pressure. At spot rates, XRP is stable and within the ranges of last week’s close. Regardless of this state, our projections are unwavering and as long as prices are trending above 30 cents—our first layer of support, there is a possibility that bulls will have the better of sellers and rally above 34 cents.

The buy trigger line is important in our analysis as it marks highs of Jan 14, Jan 30 and Feb 8 highs. Any surge accompanied by volumes exceeding recent averages of around 15 million and above those of Jan 30 (49 million)—inside which Feb 8 bull bar is still oscillating in, could see XRP re-test 40 cents and later 40 cents.

Besides, it will also cement our view that 30 cents support is a strong base anchoring the triple bottoms and lows of the last three double bar bull reversal pattern of late Dec and Jan and of Feb 7-8.

All Charts Courtesy of Trading View-BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: February 13, 2019

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, February 12, the XRP price was in the bullish trend zone. The crypto’s price was trading at the $0.30 price level in the last three days. The crypto’s price was earlier in a downward correction after the price rally of February 8. Yesterday, the bulls broke the 12-day EMA, the 26-day EMA and price reached a high of $0.31.

The XRP price is likely to resume its uptrend. The crypto will rise to retest the previous highs of $0.33 and the $0.40. On the downside, if the bears break below the EMAs, the crypto will find support at the $0.30 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend zone. The crypto’s price had been in the bearish trend zone as a result of downward correction. The price correction is over as the bulls commenced a bullish movement above the EMAs. While in the bullish trend zone the crypto reached a high of $0.31 and was resisted.

Another attempt is made as the crypto’s price is revisiting the previous highs of $0.33 and the $0.40 . Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto's price is above the EMAs which indicate that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: February 12, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 11, the XRP price was in the bearish trend zone. The bulls had earlier reached the high of $0.32 but were resisted. The price pulled back to the low of $0.30 in the bearish trend zone. The crypto ‘price is likely to further depreciate to the previous low of $0.30333. If the price falls to the previous low, traders should look out for buy setups to initiate long trades.

On the other hand, the bulls are making attempt at breaking above the EMAs, if they do, the crypto’s price will rise and retest the previous high of $0.33. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. Yesterday, the bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The crypto’s price fell to the low of $0.30 and commenced a bullish movement to the EMAs.

If the bulls break above the EMAs, the XRP price will be in a bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 11, 2019

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Last week, the XRP price was in the bearish trend zone. The crypto’s price was trading at its low at $0.29. On February 8, the bulls broke the EMAs, the bearish trend line and reached a high of $0.32. The crypto’s price retraced to a range bound movement. The bears broke the  EMAs but the bulls brought price above the EMAs.

The crypto’s price is now ranging at the support of the 26-day EMA. If the bears break the EMAs, the crypto’s price is likely to fall. On the other hand, if the crypto’s price is sustained above the EMAs, the crypto’s price is likely to rise. Meanwhile, the crypto’s price is above the EMAs which indicate that price is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. Last week, the bulls broke the EMAs as the price reached a high of $0.32. The crypto’s price was not sustained above the EMAs as the bears brought price to the bearish trend zone.

The crypto’s price is trading at $0.30 and it is likely to fall because the price is in the bearish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Long-Term Price Forecast: Feb 9, 2019

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The price of the XRP/USD pair had been in the bearish trend zone since January 10. The bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $0.33. The crypto further depreciated to the low of $0.29 before the price breakout. On February 8, at the low of $0.29, the crypto made a bullish movement.

The bulls broke the 12-day EMA, the 26-day and the bearish trend line. When price breaks the trend line and the following candlestick closes at the opposite of the trend line; the bearish trend is said to be terminated.Technically, it is assumed that the bearish trend is over and the crypto’s price is in the bullish trend zone.

The crypto’s price is above the EMAs and price is expected to rise and reach the highs of $0.33 and $0.40 price level. The crypto’s price is currently trading at $0.32 as at the time of trading. Meanwhile, the MACD line and the signal line are below the zero line which indicate a sell signal. In addition, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: February 8, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 7, the XRP price was in the bearish trend zone. Yesterday, the crypto's price fell to the low of $0.29 and commenced a range bound movement. The bulls are making attempt to break the 12-day EMA, the 26-day EMA and reach the bullish trend zone.

On the downside, if the bearish trend continues, the crypto will find support at the previous low of $0.28. On the upside, if the bulls break the EMAs, the crypto will retest the previous high of $0.33. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 7, the crypto's price was fluctuating below and above the EMAs. The crypto's price is now in the bearish trend zone as the bulls are making attempt to break above the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is above the EMAs which indicate that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: February 7, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 6, the XRP price was in the bearish trend zone. Yesterday, the XRP price fell as a result of the resistance by the 12-day EMA. The crypto's price fell to the low of $0.29 and commenced a range bound movement. On the downside, if the bulls fail to break above the EMAs, the crypto's price will revisit the previous low of $0.28.

On the upside, if the bulls break the EMAs and price is sustained above it, the crypto will resume the bullish trend and retests the $0.33 price level. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 6, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $0.29. Presently, the crypto's price is ranging at the $0.29 price level. The price is attempting to break the EMAs
Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Technical Analysis: February 6, 2019

Latest Ripple News

Ripple as a company has a distributed ledger designed mainly for financial institutions. Their objective is to present—and demonstrate—and efficient solution that will ultimately convince bankers to shift away from the more dominant SWIFT Network.

Read: Ripple’s Xpring Starts Partnership With ex-President of BMG’s Raised in Space Enterprises

SWIFT, as we know has been around for the last four decades and along the way, they have picked along important lessons that make them a force they are. Despite their partnership with R3 through Corda Settler and rumors swirling around that they will eventually adopt XRP as they drive towards efficient, efficacy and instantaneous settlement, it is unlikely that they will do so.

Corda Settler can work on top of any payment layer and the same way they support XRP, Corda Settler can operate successfully with XLM for example. All the same, Ripple and SWIFT eventual integration—assuming there will be one, is good for the community and more so for XRP investors as more than 10,000 banks will all at once plugin and even use XRP for liquidity purpose.

Also Read: Why Decentralized Exchanges are the Answer to the Question of Privacy

However, we cannot hide our heads in the sand. There is a lot of criticism around XRP and whether it is necessary in the first place. This regulatory headwind is slowing down adoption of xRapid which in turn bogs demand, deflating prices.

XRP/USD Price Analysis

Ripple

Prices are dumping and from the charts, it is clear that bears have an upper hand over XRP bulls. However, and as laid out in our previous XRP/USD price analysis, we shall maintain a bullish outlook as long as prices are trending above 30 cents. 30 cents mark the base of Jan 30, high volume bull bar and in an otherwise bullish trend guided by events of Sep 2018, XRP is at a cusp of a complete capitulation unless of course there is an intervention.

Technically, and to reiterate–bulls are in charge—when we analyze price action from an effort versus result point of view but for risk off traders to initiate longs in the direction of Jan 30, there must be high volume breaks and close above Jan 30 highs at around 32 cents. That may print out, fading current bears who despite pressing the sell pedal are literally struggling to reverse gains of Jan 30—advising our position.

Moving on, we recommend patience until after there are gains above the 38.2 percent Fibonacci retracement level of Dec 2018 high low at 34 cents. Bear momentum that causes prices to slide below 30 cents means we shall flock to stable coins and wait for better entry positions above 34 cents.

All Charts Courtesy of Trading View–BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: February 6, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 5, the XRP price was in the bearish trend zone. The crypto's price was ranging below the 12-day EMA and the 26-day EMA when a bullish candlestick broke the 12-day EMA. Yesterday, the 26-day EMA resisted price and the bears broke the $30 price level as price fell to the previous low of $ 0.29.

On the downside, if the bearish trend continues the crypto's price will revisit the previous low of $0.28. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 3, the 12-day EMA and the 26-day EMA are trending horizontally. The crypto's price has been ranging below the EMAs at the price of $0.30. On February 5, the bulls broke above the EMAs but the crypto was resisted.

The price of XRP is now in a downward trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 5, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, February 4, the XRP price was in the bearish trend zone. The crypto’s price fell and reached the previous low at the $0.30 price level. If price breaks the $0.30 price level, the crypto is likely to revisit the previous low at $0.28.

However, if the bears fail to break the $0.30 price level, traders should initiate long trades in anticipation of a bullish trend. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 4, the bulls broke the 12-day EMA but were repelled by the 26-day EMA. The crypto’s price is falling and on a downtrend. The crypto’s price is approaching the $0.30 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 4, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Last week the XRP price was neither under bull’s control nor bear’s control. The bullish gains were erased by the bearish pressure in the previous week. As the bulls reached the high of $0.33, the crypto’s price was resisted and it fell to the bearish trend zone. The XRP price now ranges between the levels of $0.28 and $0.34.

Today, the crypto is in the bearish trend zone. If the crypto’s price falls, it may retest the $0.28 price level. Traders should initiate long trades at the support level of $0.28. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On February 1, the crypto’s price fell to the $0.30 price level and commenced a bullish movement to the 12-day EMA and the 26-day EMA. The crypto’s price fluctuates above the EMAs but the bears have taken price to the bearish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is below the EMAs which indicate that price is in the bearish trend zone.


Ripple (XRP) Long-Term Price Forecast: Feb 2, 2019

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The price of XRP/USD pair was in a bearish trend zone. The crypto has an opening balance of $0.36 and a closing balance of $0.31 as at January 31. The XRP price also lost about 13.88% of its capitalization in the month of January. In the first week of January, the crypto was in a sideways trend.

The crypto’s price was fluctuating below and above the 12-day EMA and the 26-day EMA. On January 10, the bears took price to the bearish trend zone. The crypto fell to the low of $0.33 and continued its downward fall. The bulls have failed to break above the EMAs. However, on January 30, the bulls break the 12-day EMA but failed to break the 26-day EMA.

Today, the XRP price is trading at $0.31 as at the time of writing. Meanwhile, the stochastic is in the oversold region but below the 20% range. Which indicates that the price is in a bearish momentum and a sell signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: February 1, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, January 31, the XRP price was in the bearish trend zone. Yesterday, the bulls failed to break the resistance at the $0.33 price level, as the crypto fell from $0.34 to the low of $0.30. The crypto has fallen to the bearish trend zone which indicates that price will continue its downward fall.

On the downside, if the bearish trend continues, the crypto will revisit the previous low of $0.28 . On the upside, the bulls will have to break again the EMAs for the crypto to resume its uptrend. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. On January 30, the bulls reached a high of $0.34. The following day the bears erased all the bullish gains of the previous day, as the price fell to the low of $0.30. The crypto is trading and approaching the $0.29 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is above the EMAs which indicate that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: January 31, 2019

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, January 30, the XRP price was in the bullish trend zone. On January 29, the XRP price fell to its previous low of $0.28. The bulls defended the support level as the bears failed to break below the price level. On January 30, the bulls broke the 12-day EMA, the 26-day EMA as price reached the bullish trend zone.

The crypto’s price is trading at the $33 price level, if the bulls overcome the resistance at the $0.33 price level, the crypto could face another resistance at the $0.38 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend zone. On January 29, the crypto fell to the low of $0.28 and commenced a range bound movement below and above the price level. On January 30, the bulls broke the 12-day EMA, the 26-day EMA as price reached the $0.33 price level.

The crypto’s price is facing resistance at the $0.34 price level and price is retracing to the 12-day EMA. It is likely that price will resume its bullish movement after testing the 12-day EMA. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto's price is above the EMAs which indicates that price is in the bullish trend zone.


Ripple (XRP) Technical Analysis: January 30, 2019

Latest Ripple News

Many times, it’s incredibly hard to be right but very easy to be wrong. That’s the case, especially when making crypto predictions. We can go on and on about this but at the end of the day, we shall conclude that Ripple, the company, in one way or another influences the price of XRP—at least in the short-term.

Read: Petitions to End Crypto Ban Advance Against Reserve Bank of India (RBI) Says IAMAI Lawyer

The argument is, there is a decentralization plan in place and their independence from Ripple Labs means they can operate in perpetuity even in the unfortunate event of liquidation. But here is the thing: Ripple is the owners of 60 billion worth of XRP and one of their solutions—xRapid use the coin as an on-demand liquidity tool ensuring there is a super-fast settlement.

Besides, the company continues to use their XRP stash to fund initiatives—like the recent Accelerator program complete with a volumes rebate and an adoption marketing initiative for enterprises. This begs the question, is XRP just another form of airdrop and an unnecessary tool that Ripple—the company can work without?

Also Read: The Great Cryptocurrency Exchange Cleansing as Bear Market Separates the Men from the Boys

After all, most financial institutions plugged into the RippleNet are reluctant to leverage xRapid with the exception of 13 companies including Mercury FX. Most banks use xCurrent and xVia. Unfortunately, both don’t use XRP and that can be a cause of concern for holders because demand is needed for prices to rise from current lows.

XRP/USD Price Analysis

Meanwhile, XRP is steady in the last hour and up 1.3 percent in the past 24 hours. This is bullish even if prices are trending 9.3 percent below last week’s close. At this pace, we expect a recovery and it has been made better by the rejection of lower lows in the last 24 hours.

Note that prices are finding support at the 30 cents main support line. This level is important in our analysis and as long as prices are held above this mark, buyers are clearly in charge. For confirmation of previous XRP/USD trade plans, it is critical for a double bar bull reversal pattern to print today.

That means the reversal of yesterdays losses and the confirmation of the double-bottoms of a potential W-pattern that can catalyze gains above Dec 2018 highs of 40 cents. Undoubtedly, if that is the case, the minor resistance level and buy trigger at 34 cents will be activated and risk-off traders can aim at 40 cents.

However, it is gains above 40 cents that will set the motion for a market-wide expansion that would possibly see XRP retest 80 cents by Q1 2019.

All Charts Courtesy of Trading View–BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: January 30, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.28, $0.26, $0.24

Yesterday, January 29, the XRP price was in the bearish trend zone. Yesterday, the bears have been testing the $0.28 and the $0.29 price levels. On January 28, the crypto's price fell to the low of $0.29. On January 29, the crypto's price fell to the low of $0.28. At each bullish movement, the bulls have been resisted by the 12-day EMA.

On the downside, if the bears break the $0.28 price level, the crypto may find support at the $0.26 price level. This was the previous low of September 11, 2018. On the upside, the bulls have to break above the EMAs and the price sustained above it. Then the bulls will resume their bullish movement. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend zone. On January 28, the crypto fell to its low but made bullish movement to the EMAs and were resisted. On January 29, the bulls break above the EMAs but the bears brought the price to the bearish trend zone. Today the crypto is still ranging above the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto's price is fluctuating above the EMAs.


Ripple (XRP) Daily Price Forecast: January 29, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 28, the XRP price was in the bearish trend zone. The crypto’s price fell to the low of $0.29 and commenced a bullish movement. The bearish movement brings to an end the tight range bound movement between the levels of $0.31 and $0.33. However, it was earlier suggested that if the bears broke the $30 price level, the crypto would find support at the previous low of $0.28.

Today, the crypto’s price is back to the $0.30 price level after falling to the low of $0.29. It is currently trading at the $0.28 price level. Meanwhile, the crypto’s price is below the EMAs which indicate that price is likely to fall. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. As the bears took price to the low of $0.30, the bulls are commencing a bullish movement to break the 12-day EMA and the 26-day EMA. The bullish candlesticks were resisted by EMAs as crypto’s price fell.
Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicate that price is likely to fall.


Ripple (XRP) Daily Price Forecast: January 28, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Last week the XRP price had been in the bearish trend zone. The bulls have failed to break above the 12-day EMA and the 26-day EMA as the EMAs provides resistance to the crypto’s price. Last week, the crypto has been ranging between the levels of $0.31 and $0.33. The bulls have not been able to break above the $0.33 price level while the bears have not been able to break below the $0.31 price level.

On January 26, the bulls break above the EMAs but the bears pulled back price to break the 12-day EMA and the 26-day EMA. Today, the crypto’s price has fallen to the low of $0.30 as at the time of writing. Meanwhile, the stochastic is in the oversold region but below the 20% range which indicates that the price is in the bearish momentum and a sell signal. The crypto’s price is below the EMAs which also indicate that price is likely to fall.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. The 12-day EMA and the 26-day EMA are trending southward indicating that price is in a downward trend. Today, the crypto’s price was resisted by the 12-day EMA as the price fell to the low of $0.29. There is the likelihood that price will find support at the previous low of $0.28 . Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Jan 26, 2019

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The  XRP/USD pair was in a bearish trend zone. The crypto has an opening balance of $0.37 in the month of January 2019. The XRP price commenced trading on a range bound movement at the beginning of January 2019. On January 10, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $0.33.

On January 13, the crypto fell again to the low of $0.31 to commence a range bound movement. The XRP price is in a tight range bound movement as it fluctuates between the levels of $0.32 and the $0.34. The MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.


Ripple (XRP) Daily Price Forecast: January 25, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 24, the XRP price was in the bearish trend zone. The XRP price had been trading in the support zone in the last five days. The bulls have failed to break above the 12-day EMA and the 26-day EMA in the last five days without success.

Today, the bears have broken the $0.32 price level but there was a pullback from the low. Traders should exit their long trades as the price action is in favor of the bears. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a bearish trend zone. The bears have tested the $0.31 price level but price pulled back to the $0.32 price level on each occasion. At the same time, the bulls face resistance at the EMAs, as the crypto fails to break above the $0.32 price level. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.


Ripple (XRP) Daily Price Forecast: January 24, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 23, the XRP price is in the bearish trend zone. The XRP price had been trading in the support zone in the last four days. The bulls have failed to break above the 12-day EMA and the 26-day EMA in the last four days.

Today, the bears have broken the $0.32 price level but there was a pullback from the low. Traders should exit their long trades as the price action is in favor of the bears. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. The bears have tested the $0.31 price level but price pulled back to the $0.32 price level on each occasion. At the same time, the bulls face resistance at the EMAs, as the crypto fails to break above the $0.32 price level. Meanwhile, the crypto’s price is below the 12-day EMA and 26-day EMA which indicates that price is likely to fall.


Ripple (XRP) Technical Analysis: January 23, 2019

Latest Ripple News

All along, self-proclaimed crypto experts—pseudo-experts? –claim that the crypto space consists of weak speculators and maintain that they are reasons of needless volatility—most are keen on clipping the market for quick returns—and don’t really care about the underlying technology.

Read: Chris Burniske Shows Bitcoin’s 4 Year Cycle Ecosystem, Gives Hint At Will the Crypto Market Deliver In 2019

But, is this claim really true? The XRP precipitous fall from mega-valuation may be a one-thing off and what we are sure is that most bag holders—including holders of XRP—were burnt and for those who decided to hold, then they have to contend with 90 percent plus losses. This is huge but then again, notice that prices are steadying and volatility tapering.

Also Read: Crypto Market Gets a Boost of $5 Billion in New Supply: Diar Research

Does this mean speculators are in the drain and their exit signal entry of the so-called institutional level investors—who are money hungry and probably worse than retail investors–?

Here’s what Patrick Springer had to say:

“A bull market for crypto will come again when all the speculators have exited, i.e. when investors who believe in the greater fool theory of selling the same asset to someone but at a higher price, all leave. It will also come again when there is a great shakeout in the number of cryptocurrencies and utility tokens – there is no value to having an unlimited number of digital currencies sprouting from numerous forks.”

Ripple (XRP/USD) Price Analysis

Finally, there seems to be a reprieve after more than 25 days of a long squeeze. XRP holders know that it hasn’t been a cakewalk and as our projection finally holds true, we expect bulls to dominate in coming days.

Part of this optimism is founded on simple price action and candlestick arrangement. After yesterday’s close, a bull pin bar printed and with a long lower wick—and virtually no upper wick, it is clear that demand was high in lower time frames. All you have to do is to zoom in to the 4HR chart and see how prices sprung off from around cents after three days of horizontal consolidation.

Further boosting our bullish stand is the simple fact that prices are bouncing off the 78.6 percent Fibonacci retracement level based on Dec 2018 high lows. As retracement rules dictate, aggressive trades with buy triggers at 34 cents will likely fill their positions on pullbacks with first targets at 40-42 cents. It’s not going to be a tall order because if bulls keep up, then the least they can do is drive prices towards the first level of supports which also doubles up as Dec 2018 highs and the major resistance at 42 cents.

The only time this projection will be null is if prices drop from spot rates, reverse yesterday’s gains and confirm losses of Jan 10 and 20 at the back of above average volumes.

All Charts Courtesy of Trading View – BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: January 23, 2019

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 22, the XRP price is in the bearish trend zone. The bulls defended the $0.32 price level as the bears failed to break the $0.32 price level. The crypto’s price is still in the bearish trend zone, as the bulls are making frantic efforts to break the 12-day EMA and the 26-day EMA to the bullish trend zone.

As it was earlier suggested, that traders should initiate long trades at the lower price level in anticipation of a bullish trend. Today, the crypto’s price is rising and attempting to break the 26-day EMA. Meanwhile, the MACD line and signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend zone. Today, a price reversal candlestick like a hammer appears at the support level reversing the downtrend. The bulls have broken the 12-day EMA and the 26-day EMA to reach the bullish trend zone. The crypto’s price is expected to reach the $0.34 price level and break it.

If the bulls break the $0.34 price level, the crypto will be out of the $0.32 and $0.34 price range. Meanwhile, the stochastic is out of the overbought region but below the 60% range indicating that the crypto is in a bearish momentum and a sell signal.


Ripple (XRP) Daily Price Forecast: January 22, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 21, the XRP price was in the bearish trend zone. Since on January 10, the crypto’s price had been ranging between the levels of $0.32 and $0.34. On January 14 and 19, the bulls tested the $0.34 price level and was resisted. Similarly, on three occasions, the bears also tested the $0.32 price level and was repelled.

Today, the crypto’s price is testing the support level and it is making an attempt to break it. If the bears break the $0.32 price level, the crypto will find support at the $0.29 price level. On the other hand, if the level holds, traders should initiate long trades at the lower price level in anticipation of a bullish trend. Meanwhile, the stochastic indicator is out of the oversold region but above the 20% range indicating that XRP price is in a bearish momentum and a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. The crypto’s price is trading above the $0.32 price level but below the EMAs. The 12-day EMA is acting as a resistance to the crypto’s price.

The lower time frame is also characterized by small body candlesticks like the Doji and Spinning tops which described the indecision of buyers and sellers at the $0.32 price level. Meanwhile, the stochastic is out of the oversold region but above 20% range indicating that the crypto is in a bearish momentum and a sell signal.


Ripple (XRP) Daily Price Forecast: January 21, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Last week, the XRP price was both in the bearish and  bullish trend zone. On January 19, the bulls tested the upper level of price range. The crypto’s price reached the high of $0.34 and the bulls made a pulled back. On January 20, the bears broke the 12-day EMA, the 26 –day EMA and price fell to the lower level of price range.

However, if the bearish trend continued the $0.32 price level would be broken and the price may depreciate to the low of $0.29. On the other hand, if the level holds, traders should initiate long trades at the lower price level in anticipation of a bullish trend. Meanwhile, the stochastic indicator is out of the overbought region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend zone. The bears broke below the $0.32 price level but the bulls pulled back price and made a bullish movement. The bulls were resisted by the 12-day EMA and the bears made another attempt to break the $0.32 price level.

Meanwhile, the stochastic is out of the overbought region but above 20% range indicating that the crypto is in a bullish momentum and a buy signal. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Jan 19, 2019

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The price of XRP/USD pair was in a sideways trend in the first week of January. The crypto’s price was above the 12-day EMA and the 26-day EMA. The XRP price was fluctuating above the $0.35 price level. In the second week, January 10, the bears broke the 12-day EMA, the 26-day EMA and price fell to the $0.33 price level.

The crypto’s price is now below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. If the bears continue with their bearish trend, the crypto will fall to the low of $0.29. The MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the stochastic indicator is in the oversold region but above the 20% range indicating that the price of XRP is in a bullish momentum and a buy signal.


Ripple (XRP) Daily Price Forecast: January 18, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 17, the XRP price was in the bearish trend zone. Yesterday, while in the bearish trend zone, the crypto fell from the $0.33 to $0.32. Then it commenced a bullish movement to the high of $0.33 again. Today, the cryptocurrency is falling from the recent high of $0.33 price level. This has been the scenario since January 15, when the crypto fell into the bearish trend zone.

On the upside, the price can rise and reach the high of $0.40 if the bulls break the 12-day EMA and the 26-day EMA and reached the bullish trend zone. Meanwhile, the stochastic indicator is out of the oversold region but above the 60% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a bullish trend zone. On January 17, the bulls broke the 12-day EMA, the 26-day EMA and reached the $0.33 price level. The bears are resisting price as the crypto’s price fluctuates above the EMAs.

Meanwhile, the stochastic is out of the overbought region but above 20% range indicating that the crypto is in a bullish momentum and a buy signal. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: January 17, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 16, the XRP price was in the bearish trend zone. The XRP price was consolidating in a tight range as the price fluctuates between the levels of $0.31 and $0.33. Yesterday, the crypto was in a bullish trend and the bulls were resisted at the $0.33 price level. Today, the crypto is in a bearish trend and price is falling.

If the bears break the $0.30 price level, the crypto is likely to find support at the $0.29 price level. Meanwhile, the stochastic indicator is out of the overbought region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bearish trend zone. On January 16, the XRP price was in a bullish trend as it broke the 12-day EMA and the 26-day EMA but was resisted at the $0.33 price level. The crypto’s price is now in a downtrend as the price falls and it is approaching the $0.32 price level.

Meanwhile, the stochastic is out of the oversold region but above the 25% range indicating that the crypto is in a bullish momentum and a buy signal. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: January 16, 2019

Latest Ripple News

All in all, the Ripple and XRP community has a lot to be excited about. While their executives as Marcus Treacher, Brad Garlinghouse and Birla have been doing a wonderful job by not only advancing Ripple goals, pitching the benefits of their tech, Brad Garlinghouse and Birla stance on XRP and Ripple, reiterating their distinctions have been largely successful.

Read: Ripple’s Mexican Partner Cuallix Affirms And Highlights The Benefits Of Using xRapid For Payments

Though this was a hard thing for critics as well as a crypto enthusiast to accept arguing that despite their efforts, XRP and Ripple were analogous and for a long time, they had been used interchangeably. Needless to say, the bear market of 2018 where independent digital assets including XRP had to contend with double-digit losses and deep corrections exceeding 90 percent lead to court class action suits.

Complainants hold that the sole reason why they invested in XRP was because of Ripple’s pitch and Brad Garlinghouse who convinced them that investment could lead to potential gains in the future. As such, they claim XRP is a security and for their losses, there should be a financial recourse.

Also Read: Ripple CEO Brad Garlinghouse: Financial Banking Institutions Can “Flip The Switch” On XRP Integration

But it’s a tricky judgment to be made and assuming the handling magistrate find reasons to believe that the complainants’ assertions are true and that XRP is a security, then XRP prices will tumble. That’s a cause of concern and perhaps the reason why some exchanges are yet to avail XRP to their customers.

XRP Price Analysis

XRP prices are all over the place. Nonetheless, our previous trading position holds and as long as prices are trending above 30 cents, bulls have an upper hand. In days ahead, we shall trade as laid out in previous XRP/USD plans. After all, despite recent losses, the gap between ETH and XRP continues to widen. It now stands at $700 million.

Should our trade conditions be met and depending on the overall sentiment XRP expand above 40 cents at the back of strong volumes exceeding Jan 10—83 million versus 30 million in the process reversing losses and effecting a long-term recalibration lifting prices from 2018 pits, then both sets of traders would be better placed to initiate longs at spot prices with first targets at 80 cents of Sep 2018 highs.

After all, there are good reasons for this projection. First, notice that despite the strong headwinds of Jan 10, sellers are yet to clip Dec 2018 gains despite heavy participation. Secondly, when we paste a Fibonacci retracement tool at Dec 2018 high low, it is clear that this reversal is printing out at the 78.6 percent Fibonacci retracement level, a key reaction point as history shows. As such, we expect XRP to react and edge higher above 40 cents by close of next week.

All Charts Courtesy of Trading View – BitFinex

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: January 16, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 15, the XRP price was in the bearish trend zone. The crypto’s price fell to the low of $0.33 and commenced a bullish movement to the 12-day EMA and the 26-day EMA. Since the crypto’s price is below the EMAs, XRP price may likely fall again.

The crypto may revisit the previous low of $0.32. Meanwhile, the stochastic indicator is out of the overbought region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bearish trend zone. On January 15, the crypto’s price fell to its low at $0.32 and commenced a bullish movement. The bulls are testing the 12-day EMA and the 26-day EMA with a view to breaking them. The XRP price will rise if the bulls break above the EMAs.

The stochastic is out of the oversold region but above the 80% range which indicates that price is in a strong bullish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: January 15, 2019

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Yesterday, January 14, the XRP price was in the bullish trend zone. The crypto’s price fell to its low at $0.32, and the bulls commenced a bullish movement and broke above the 12-day EMA and the 26-day EMA. The 26-day EMA is acting as a support for the XRP price which probably will be the support level for its bullish movement.

Today, the crypto’s price is ranging at the price of $0.33. Meanwhile, the stochastic indicator is approaching the overbought region but below the 80% range indicating that XRP price is in a bullish momentum and a buy signal. The blue band of stochastic is pointing downward indicating that the trend is reversing. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend zone. Yesterday, the crypto’s price fell to its low at $0.32 and commenced a bullish movement. The bulls broke above the 12-day EMA and the 26-day EMA. Today, the crypto’s price is ranging at the $0.34 price level.

The stochastic is in the oversold region but below the 20% range which indicates that price is in a strong bearish momentum and a sell signal. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: January 14, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.32, $0.30, $0.28

Last week, the XRP price was in the bearish trend zone. On January 10, the bulls reached the $0.38 price level and were resisted. The bears broke the 12-day EMA and the 26-day EMA to the low of $0.33. The crypto's price is commencing a range bound movement to the 12-day EMA. The crypto's range bound movement was stalled by the 12-day EMA and price fell to the low of $0.32.

The XRP price is in a bullish trend approaching the 12-day EMA. Meanwhile, the stochastic indicator is approaching the oversold region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend zone. On January 13, the bears broke the 12-day EMA and the 26-day EMA to the low of $0.32. The crypto’s price made a range bound and broke above the 12-day EMA and the 26-day EMA.

The stochastic is out of the oversold region but below the 80% range which indicates that price is in a bearish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Jan 12, 2019

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.30, $0.28, $0.26

The price of XRP/USD pair had been in a sideways trend in the last ten days. The crypto’s price was fluctuating between the levels of $0.34 and $0.38. On January 10, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $0.33. From the weekly chart, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the crypto's price is likely to fall. However, if the bears continue their bearish move the crypto will find support at the $0.30 price level.

The MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the stochastic indicator is out of the oversold region but above the 20% range indicating that the price of XRP is in a bullish momentum and a buy signal.


Ripple (XRP) Daily Price Forecast: January 11, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.33, $0.31, $0.29

Yesterday, January 10, the XRP price was in the bearish trend zone. On December 10, the bulls and the bears were in price control contest. The bulls had earlier taken price to the high of $0.40 and the bears pulled back price to the $0.38 price level. Later, the bears broke below the 12-day EMA ,the 26-day EMA and the crypto fell to the low of $0.33.

Today, the crypto is still likely to find support at the $0.29 or $0.28 price level because the price is below the 12-day EMA and the 26-day EMA. Meanwhile, the stochastic indicator is in the oversold region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend zone. Yesterday, the XRP had a price rally which made the bulls to reach the high of $ 0.40. The bears pulled back price and took price to the low of $0.33 price level.

The crypto’s price is now ranging above the $0.33 price level. The MACD line and the signal line are below the zero line which indicates a sell signal. The stochastic is out of the oversold region but above the 40% range which indicates that price is in a bullish momentum and a buy signal.


Ripple (XRP) Daily Price Forecast: January 10, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.36, $0.34, $0.32

Yesterday, January 9, the XRP price was in a bullish trend. The crypto’s price fell to the low of $0.36 and then commenced a bullish movement to break the 12-day EMA and the 26-day EMA. Today the crypto’s price is in the bullish trend zone and the XRP price had a price rally which resulted in the high of $0.40.

However, the bears made a pullback to the low of $0.35. Meanwhile, the stochastic indicator is out of the overbought region but below the 60% range indicating that XRP price is in a bearish momentum and a sell signal.

Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bullish trend zone. Yesterday, the crypto’s price was below the 12-day EMA and the 26-day EMA. At the support of the 12-day EMA and the 26-day EMA, the crypto had a price rally that made the crypto reach the high of $ 0.40.The crypto has fallen to the previous price level. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Technical Analysis: January 9, 2019

Latest Ripple News

For as long as crypto exist, that damning report from CoinBase acknowledging a 51 percent attack on Ethereum Classic will always be a case in point, an example for other crypto platforms settled on an alternative, secure and fast consensus algorithm.

Read: Ripple’s Cory Johnson on AMZN Using XRP: “Amazon Can Really Benefit From Our Tech Offerings”

According to Mark Nesbitt of CoinBase, a malicious group was able to “deep chain re-organize blocks” effectively double spending $450k worth of recently listed ETC bringing to attention the shortfalls of Proof of work network whose critics had previously lambasted for being energy inefficient and the reason why Pow blockchains as Bitcoins were centralized and inherently unscalable unless the third party, liveness dependent solutions are adopted.

Well, it seems like David Schwartz the CTO of Ripple could resist the urge of airing his two cents, divulging the vulnerabilities of proof of work systems and why Ripple chose an alternative consensus route. By employing validators and tracking servers, Ripple ledger is permissioned and not susceptible to double spending meaning that Ethereum Classic problems became a perfect platform for the relentless XRP Army to bombard the web with Ripple flowers.

Also Read: SWIFT and Ripple Will Continue to Compete Against Each Other in the Global Payments Market

However, in the midst of this raging defense debate, Ripple progress has been positive and yesterday Brad Garlinghouse, in an interview with CNBC said the company had enrolled 200 banks. These are the necessary baby steps needed for Ripple to dent and finally take over the multi-trillion-dollar cross border payment system dominated by bank controlled SWIFT.

Ripple (XRP) Price Analysis

Ripple

Ripple might be the perfect armor against hash power renting hackers but while this should be exciting for XRP holders, upsides are limited and bulls are struggling to break above 40 cents as volumes shrink.

Regardless, we retain a bullish outlook but for this position to hold true then we must see strong gains above the 61.8 percent Fibonacci retracement level anchoring on Sep 2018 high low. Unless that happens, short term sellers are technically in charge and yesterday’s doji bar may as well as the final breaking point for sellers allowing prices to capitulate below 34 cents and finally 30 cents.

As such, patience will be key and as long as this accumulation and confinement of price action within Dec 28 bull bar continue, XRP might break above 40 cents thanks to mid-Dec 2018 rally propelling prices from around 29 cents with backing from above average volumes.

We suggest patience as far as XRP/USD trading is concerned and this shall be our short to near term trade plan:

  • Buy: 40 cents
  • Stop: 37 cents
  • Target: 80 cents

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: January 9, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.36, $0.34, $0.32

Yesterday, January 8, the XRP price was in a sideways trend. The XRP price moves in a confined range as the 12-day EMA and the 26-day EMA are horizontally flat. Yesterday, the bulls were resisted at the $0.38 price level and price pulled back to the low of $0.37. The crypto’s price fell to the support of the 12-day EMA.

Today, the bulls are making another attempt at the $0.38 resistance level. This has been the scenario as price moves at the levels of $0.33 and $0.38. Meanwhile, the stochastic indicator is out of the oversold region but above the 60% range indicating that XRP price is in a bullish momentum and a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a bullish trend zone. Yesterday, the crypto’s price was below the 12-day EMA and the 26-day EMA. Today, the crypto’s price is above the EMAs. The XRP price is currently fluctuating between the levels of $0.36 and $0.38.

Meanwhile, the stochastic indicator is out of the oversold region but above the 60% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: January 8, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.34, $0.32, $0.26

Yesterday, January 7, the XRP price was in a bullish trend. The crypto’s price was retracing after the resistance at the $0.38 price level. Today, the bears have finally broken the 12-day EMA and the 26-day EMA. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.

The crypto’s price is approaching the $0.36 price level, if this level is broken, the crypto will find support at the lows of $0.33 and $0.34. Meanwhile, the stochastic indicator is in the oversold region but below the 20% range indicating that XRP price is in a bearish momentum and a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend zone. The crypto’s price had tested the $0.38 resistance level and retraced on three occasions before finally repelled. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish pressure is likely to continue. Meanwhile, the stochastic indicator is approaching the oversold region but above the 20% range indicating that XRP price is in a bearish momentum and a sell signal.


Ripple (XRP) Daily Price Forecast: January 7, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.31

Last week the XRP price was in a bearish trend zone . The crypto ‘s price was fluctuating above the $0.36 price level. The XRP price also faces resistance at the $0.38 price level. On January 6, the crypto’s price broke the 12-day EMA, the 26-day EMA and reached the high of $0.38. Today, the crypto’s price is retracing after testing the resistance at $0.38 price level.

The bulls were unable to break the $0.38 price level on more than three occasions. Meanwhile, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Meanwhile, the stochastic indicator is out of the oversold region but below the 80% range indicating that XRP price is in a bullish momentum and a buy signal. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend zone. The crypto ‘s price is retracing which has been supported by the 12-day EMA. The 12-day EMA is now a support level as  price is rising above it. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Meanwhile, the stochastic indicator is above the 20% range indicating that XRP price is in a bullish momentum and a buy signal.


Ripple (XRP) Long-Term Price Forecast: Jan 5, 2019

XRP /USD Price Long-term Trend: Ranging

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.37, $0.35, $0.33

The XRP/USD pair was in a sideways trend in the last ten days. The crypto’s price was fluctuating between the levels of $0.34 and $0.38. The bulls had not been able to break above the resistance at $0.38. Also, the bears had not been able to break below the support at $0.34. That was the reason the 12-day EMA and the 26-day EMA were horizontally flat on the daily chart. The crypto is likely to face price breakout in the coming days.

From the weekly chart, the XRP price is in the bearish trend zone. But the 12-day EMA and the 26-day EMA are horizontally flat indicating that price is in a sideways trend.
The MACD line and the signal line are below the zero line which indicates a sell signal.

In addition, the stochastic indicator is out of the oversold region but above the 20% range indicating that the price of XRP is in a bullish momentum and a buy signal.


Ripple (XRP) Daily Price Forecast: January 4, 2019

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.36, $0.34, $0.26

Yesterday, January 3, the XRP price was in a bearish trend. The crypto’s price broke the 12-day EMA and the 26-day EMA to the low of $0.36. The crypto’s price has reached one of the critical price levels. However, if the bearish trend continued and the bears break below the $0.36 price level, the crypto will find support at either $0.33 or $0.34 price level.

On the other hand, the crypto’s price has to break above the EMAs for the crypto to commence its bullish movement. Meanwhile, the stochastic indicator is out of the overbought region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend zone. On January 3, the bears broke below the 12-day EMA and the 26-day EMA and commenced a range bound movement. The crypto’s price is ranging at the $0.36 price level for a possible price breakout.

If the price breaks below the $0.36 price level, the crypto will find support at the $0.34 or $0.33 price level. Meanwhile, the stochastic indicator is out of the oversold region but above the 80% range indicating that XRP price is in a bullish momentum and a buy signal.


Ripple (XRP) Technical Analysis: January 3, 2019

Latest Ripple News

At spot prices, XRP may be down to third but the coin is still the most liquid with a market cap of $15 billion at the time of press. Of course, declining ETH prices—fueled by the government crackdown on ICOs and penalizing founders of exchanges creating a marketplace for ERC tokens meant reduced circulation and low liquidity further preventing investment in the space.

Read: Kraken Says Ripple’s Coin XRP Name Is Creating Confusion Among The Crypto Community

Drying liquidity, cautious investors and shock-absorbing XRP meant a flight to stability after that sharp expansion from 25 cents in mid-Sept 2018. Now that XRP is down to third even with Binance making its base for some pairs as TRX, the slip shouldn’t be a reason for doubt for what’s in store at Ripple. If anything, Ripple’s three solutions will see continued adoption from financial institutions and finally, a slice of the cross-border remittance market dominated by SWIFT which will definitely pump prices above $1 to new heights.

Also Read: South Korea Submits Six Cryptocurrency-Related Bills To The National Assembly For Market Regulation

At the moment though, regulatory clarity is a major impediment preventing widespread adoption and will continue to be even if the network settlement is super fast with negligible fees.

Gemini and CoinBase are two USD based exchanges that are rigid—demonstrating the importance of the “utility” compliance–, failing to list XRP because of the known risk—and luggage, associated with availing a potential “security” too aware clients.

Ripple (XRP) Price Analysis

Ripple

The trend was set in September and to reiterate what I have mentioned, bulls are in charge and that assertion will hold true as long as prices are held above 25 cents—the base of Sep 2018 rockets.

There has been a retracement to 30 cents but since every low is technically a buying opportunity, candlestick arrangements in the daily chart direct longs on pullbacks in the direction of Dec 17 high volume bull bar. That is why despite these attempts of lower lows, aggressive traders should buy at spot prices with firm stops at Dec 28 lows of 33 cents—35 cents zone.

On the other hand, there are better trading opportunities for conservative traders once prices edge past 40 cents-42 cents resistance zone. It’s easy to see why. Events of the last 14 days could as well be a correction after the meltdown of November to mid-December.

This is why for bulls to be in charge then bulls must rally above the 61.8 percent Fibonacci retracement level—40 Cents– anchored on Sep 2018 high lows. Failure would instead trigger the next wave of sellers that may see XRP print 15 cents or lower by Q1 2019.

This is our XRP/USD trade plan:

  • Buy: 42 Cents
  • Stop: 33 Cents
  • Target: 60 Cents

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: January 3, 2019

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.29, $0.28, $0.26

Yesterday, January 2, the XRP price was in a bullish trend. The crypto’ price is above the 12-day EMA and the 26-day EMA which reached the high of $0.39 price level. The XRP price was resisted at the $0.38 price level. The crypto’s price is now retracing again to the previous levels below the EMAs.

The two critical levels to watch out for are the $0.36 and the $0.38 price levels. If the bears break below  the $0.36 price level, the crypto will resume its downward trend. On the other hand, if the bulls break above the $0.38 price level and the price is sustained, the crypto will commence its uptrend movement. Meanwhile, the stochastic is out of the overbought region but below the 80% range indicating that XRP price is in a bearish momentum and a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. The crypto is in a smooth uptrend. The XRP price is also making a series of higher highs and higher lows. After the resistance, the crypto broke the 12-day EMA to the downside but 26-day EMA became a support level. The XRP price is now ranging at the $0.38 price level. The stochastic indicator is out of the overbought region but above the 20% range which indicates that XRP price is in a bullish momentum and a buy signal.


Ripple (XRP) Daily Price Forecast: January 2, 2019

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.29, $0.28, $0.26

Yesterday, January 1, the XRP price was in a sideways trend. The crypto’ price had been fluctuating between the levels of $0.36 and $0.37 . Yesterday, the crypto’s price broke the 12-day EMA and the 26-day EMA but it is still range bound. The 12-day EMA and the 26-day EMA are horizontally flat indicating a sideways trend. XRP price is likely to encounter a price breakout in a couple of days to come .

However, if price eventually breaks below the $0.36 price level, the crypto will find support at the $0.33 price level. Meanwhile, the stochastic is out of the oversold region approaching the 80% range indicating that price is in a bullish momentum and a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a bullish trend. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. The crypto’s price is ranging at the $0.37 price level because it is facing resistance at the $0.38 price level.

If the $0.38 price level is broken to the upside, the crypto is likely to rise. On the other hand, if the $0.36 price level is broken to the downside, the crypto will fall to the low of $0.33.


Ripple (XRP) Daily Price Forecast: December 31, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.35, $0.33, $0.31

Last week the XRP price was in a sideways trend. Since on December 29, the 12-day EMA and the 26-day EMA were horizontally flat indicating that XRP price was in a sideways trend. On December 30, the crypto’s price broke the 12-day EMA, the 26-day EMA and fell to the low of $0.37. Today, the crypto’s price is ranging at the $0.37 price level.

On the downside, if the crypto’s price breaks the $0.35 price level, the XRP price will find support at the lows of $0.33 and $0.29 price level. On the upside, if the bulls break the $0.40 price level, the crypto will reach the highs of $0.45 and $0.50 price levels.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. On December 30, the XRP price fell to the low of $0.37 and commenced a range bound movement. The range bound movement is characterized by small body candlesticks like Doji and spinning tops which described the indecision of buyers and sellers at that price level.

Today, the XRP price has broken the EMAs to the bearish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.


Ripple (XRP) Long-Term Price Forecast: Dec 29, 2018

XRP /USD Price Long-term Trend: Bearish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.37, $0.35, $0.33

The price of XRP/USD pair was in a bullish trend in the last week of December 2018. In the month of December, the crypto has an opening balance of $0.36 but had a closing price of $0.38 as at the time of writing. In other words, the XRP price has a gain of 5.5% to its capitalization. From the weekly chart, the XRP price is in the bearish trend zone.

Meanwhile, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the Stochastic indicator is in the oversold region  but above the 20% range indicating that the price of XRP is in a bullish momentum and a buy signal.


Ripple (XRP) Daily Price Forecast: December 28, 2018

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.29, $0.28, $0.26

Yesterday, December 27, the XRP price was in a bearish trend. Yesterday, the XRP price fell to the low of $0.34 and commenced a range bound movement. In my previous analysis, I suggested that price was going to break below or above the $0.37 price level in a couple days to come.

That, if price broke the $0.37 prices level, the crypto would find support at either the $0.33 or $0.29 price level. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend. Also, the stochastic indicator is in the oversold region but below the 20% range. This indicates that the XRP price is in a strong bearish momentum.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. The crypto’s price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. As price fell to the low of $0.34, the crypto’s price is ranging at that price level.

Meanwhile, the stochastic indicator is out of the oversold region but above the 20% range. This implies that XRP price is in a bullish momentum and a buy a signal.


Ripple (XRP) Daily Price Forecast: December 27, 2018

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.29, $0.28, $0.26

Yesterday, December 26, the XRP price was in a sideways trend. Since on December 25, the price of XRP had been ranging at the $0.37 price level. There had been no significant price movement in the last 24 hours apart from the range bound movement. The crypto’s price is  going to break below or above the $0.37 price level in a couple days to come.

On the downside, if the crypto’s price continues its fall below the $0.37 price level, the crypto will find support at either $0.33 or $0.29 price level. On the other hand, the crypto’s price can rise if price breaks the 12-day EMA and the 26-day to the upside and remained above it. Meanwhile, the Stochastic is indicating that XRP is in a bullish momentum and a buy signal as the indicator is out of the oversold region but above the 20% range.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. The crypto’s price fluctuates above and below the 12-day EMA and the 26-day EMA indicating that price is in the sideways trend. Presently, the crypto’s price is below the EMAs indicating that price is likely to fall.

In the same vein, the stochastic is out of the oversold region and it is below the 20% range indicating that the crypto is in a strong bearish momentum.


Ripple (XRP) Daily Price Forecast: December 26, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.39, $0.37, $0.25

Yesterday, December 25, the XRP price was in a bearish trend. On December 25, after the crypto’s price fell to the low of $0.37, it commenced a range bound movement above the $0.37 price level. The crypto’s price is attempting to break the 12-day EMA and the 26-day EMA to the upside. Nevertheless, if the bulls sustain a price above the $0.35 price level and make a bullish movement, the crypto will reach the highs of $0.40 and $0.45.

On the other hand, if the bears break the $0.35 price level, the crypto will find support at either $0.33 or $0.29 price level. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Also, the MACD line and the signal line are below the zero line which indicates an sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. On December 26, the crypto’s price reached the high of $0.40, and it was resisted. The crypto’s price is now retracing and may probably break the 12-day EMA and the 26-day EMA to the downside.

If it does the price will be in the bearish trend zone, and the crypto may continue its downward trend. On the other hand, if the bulls sustain hold above the EMAs, the crypto is likely to rise.


Ripple (XRP) Daily Price Forecast: December 25, 2018

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.37, $0.35, $0.33

Yesterday, December 24, the XRP price was in a bullish trend. The crypto’s price reached the high of $0.46 while in a bullish trend. But it faced resistance at the $0.45 price level and price fell to the low of $0.40. Today, the bearish trend is continuing as price further depreciated to the low of $0.37.

On the downside, if the bearish trend continues and price breaks the $0.35 price level, the crypto will find support at the previous low of $0.29. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. The crypto’s price is now in the bearish trend zone as price broke the 12-day EMA and the 26-day EMA. Meanwhile, the stochastic indicator is in the oversold region above the 20% range.

This indicates that XRP is in a bullish momentum and a buy signal. The crypto is likely to continue its falls if the stochastic bands remain in the oversold region. Also, the MACD line and the signal line are below the zero line which indicates a sell signal line.


Ripple (XRP) Daily Price Forecast: December 24, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.38, $0.36, $0.34

Last week the XRP price was in a bullish trend. From its low at $0.29, it commenced a bullish movement to the high of $0.38. Today, the crypto’s price has reached a high of $0.43 but it was resisted at the $0.40 price level. On the Upside, if the price breaks the $0.40 price level the crypto’s price will reach the high of $0.55 price level.

Another uphill task is to overcome the $0.50 price level. On the downside, if the crypto fails to break the $0.40 price level, it will fall either to the lows of $0.35 or $0.33 price levels. Meanwhile, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. The crypto’s price reached the high of $0.43 but was resisted and it is approaching the low of $0.40. The stochastic indicator was previously in the overbought region but now below the 80% range which indicates that XRP price is in a bearish momentum and a sell signal.

Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bullish trend zone. Also, the MACD line and the signal line are above the zero line which indicates a buy signal line.


Ripple (XRP) Long-Term Price Forecast: Dec 22, 2018

XRP /USD Price Long-term Trend: Bearish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.37, $0.35, $0.33

The price of XRP/USD pair is now in a bullish trend as the price reached the high of $0.40 price level. In the daily chart, the XRP price is currently retracing because the crypto faced resistance at the $0.40 price level. Also, the crypto's price is in the bullish trend zone as price has the tendency to rise. In the weekly chart, the Stochastic indicator is in the oversold region making a U-turn to the upside. While in the oversold region, the XRP price had been in a bearish momentum and a sell signal.

If the Stochastic bands come out of the oversold region and remain above the 20% range; the XRP price will be in a bullish momentum and a buy signal. Meanwhile, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: December 21, 2018

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.35, $0.33, $0.30

Yesterday, December 20, the XRP price was in a bullish trend. The crypto's price is above the 12-day EMA and the 26-day EMA but price is currently breaking the 12-day EMA. The XRP price is currently approaching the $0.37 price level after failing to break the $0.40 price level. However, if price breaks the 12-day EMA and the 26-day EMA to the downside, the crypto will resume its downward trend. Then, we expect the crypto to fall to the previous low of $0.33.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. The crypto’s price has broken the 12-day EMA , the 26-day EMA and fallen to the bearish trend zone which indicates that price is likely to fall.

In addition, if price breaks the $0.35 price level, the crypto will find support at the $0.33 price level. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. Also, the MACD line and the signal line are below the zero line which indicates a sell signal line.


Ripple (XRP) Technical Analysis: December 19, 2018

Latest Ripple News

On Dec 17, CoinBase in announced that it shall be offering a coin-to-coin conversion tool called Convert for their customers. The feature support Bitcoin, Litecoin and three other coins listed on the exchange but still, the US exchange will be charging a one percent conversion fee for use. But that is expected.

Read: Bloomberg Crypto Report Says Tether Stablecoin Earned $6.6 Million in Interest in First Half of 2018

The Exchange is backed by venture capitalist and is a for-profit churning more than $1 billion in revenue by Dec 2017 and valued at over $8 billion after the last Series Funding led by Tiger Global Management with participation from Andreessen Horowitz and others. The $300 million they got was for expansion and we are beginning to see what they meant.

Also Read: Security Tokens Predicted to Grow Larger than the US Public Equities in Next 10 Years

Demand is high and listing XRP despite the regulatory challenges surrounding the coin is the best way to reap extra revenue at the deep of this energy-sapping bear market. We are not yet sure but we can speculate that the Conversion tool might be part of the larger plan to create this rail where investors would funnel their money to the exchange via BTC or LTC and later convert them to XRP for trading or custody at the exchange. That’s assuming their support for XRP in the short term.

Doing so will rid the exchange’s the burden of applying with the SEC just in case XRP continue to exist in regulatory limbo.

XRP Price Analysis

XRP/USD Daily Chart

XRP/USD Price Analysis

At spot prices, XRP is still the second most valuable coin in the space and up 23 percent in the last week against the USD. We expect this expansion to continue through to next week and even Q1 2019 as the market wait for positive development as far as BTC and ETH are concerned.

Combined with market expectation those two could boost XRP prices aiding investors to enjoy prices above 60 cents and even 80 cents after a bear market that saw prices tank by more than 85 percent. From candlestick arrangement and thanks to Dec 17 price expansion, we suggest buying XRP on every dip in lower time frames with the first target(s) as laid out in our last XRP/USD trade plan.

We are also aware that sharp reversal of these gains driving prices below 29 cents or Dec 17 lows would invalidate this upbeat projection.

XRP/USD 4HR Chart

XRP/USD Price Analysis

In this time frame, it is clear that our trade conditions have been met and XRP is trading above 33 cents—our first buy trigger and minor resistance. Cementing our confidence is the spike in market participation after volumes surged 4X to 20 million from 5 million as XRP expanded from around 29 cents after the close of 1900HRs bull bar on Dec 17.

These are abnormal volumes and the consolidation of yesterday is a normal reaction following days of rapid price action as we saw on Dec 17. Even if prices did consolidate yesterday, we suggest traders ramp up their XRP longs at spot prices with safe stops at 33 cents.

Targets will remain as aforementioned by our XRP/USD trade plan will be as follows:

  • Buy: Spot Price
  • Stop: 33 Cents
  • First Target: 40 cents, 60 Cents, 80 Cents

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: December 19, 2018

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.36, $0.34, $0.32

Yesterday, December 18, the XRP price was in a bullish trend. The crypto’s price reached the high of $0.35 and price made a pullback. And it made another bullish movement as price approaches the high of $0.37. The XRP price is expected to reach the high of $0.40 but may resistance at that level.

However, the stochastic indicator is in the overbought region above the 80% range. This implies that the XRP price has a strong bullish momentum and a buy signal. The crypto is likely to continue its bullish movement. Meanwhile, the crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is in the bullish trend zone. Also, the MACD line and the signal line are above the zero line which indicates a buy signal line.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. The crypto’s price was fluctuating above the $0.33 price level before the crypto had another bullish movement. At the lower time frame, the Stochastic is also in the overbought region indicating that the XRP has a strong bullish momentum.

Meanwhile, the crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is likely to rise. Also, the MACD line and the signal line are above the zero line which indicates a buy signal


Ripple (XRP) Daily Price Forecast: December 18, 2018

XRP/USD Medium-term Trend: Bullish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.29, $0.28, $0.26

Yesterday, December 17, the XRP price was in a bullish trend. The crypto’s price broke the resistance at $0.32 and it is approaching the price at $0.35. The bulls may be resisted again at the $0.35 price level. However, the stochastic indicator has reached the overbought region above the 80% range.

That is, the XRP price has a strong bullish momentum and a buy signal. The crypto is likely to continue its bullish movement. Meanwhile, the crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is in the bullish trend zone. Also, the MACD line and the signal line are above the zero line which indicates a buy signal line.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. Yesterday, the 12-day EMA acted as a support as price made a bullish movement to the previous levels. The crypto is testing the resistance at the $0.35 price level.

If the bulls break the resistance at $0.35, the crypto will reach the previous levels of $0.45.and $0.50. Meanwhile, the crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is likely to rise. Also, the MACD line and the signal line are above the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: December 17, 2018

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.29, $0.28, $0.26

Last week the XRP price was in a bearish trend. On December 9, the crypto’s price reached the high of $0.32 but was resisted by the 26-day EMA and price fell to the low of $0.28. Later the bulls made a bullish movement but were resisted again by the 26-day EMA.

Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line. Also, the Stochastic is in the range above 20% range which indicates that the crypto has a bullish momentum and a buy signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bearish trend. Last week the crypto’s price reached the bullish trend but was repelled back to the bearish trend zone. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating which indicates that price is likely to fall.

Also, the MACD line and the signal line are below the zero line which indicates a sell signal. The Stochastic is nearing  the overbought region above the 20% range. This implies that the price of XRP has a strong bullish momentum and a buy signal.


Ripple (XRP) Long-Term Price Forecast: Dec 15, 2018

XRP /USD Price Long-term Trend: Bearish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.25, $0.23, $0.21

The price of XRP had been in a bearish trend since April 2018. The price of XRP has fallen to the low of $0.29 as at the time of writing. The crypto’s price is below the exponential moving averages meaning that price is likely to fall. However, the stochastic bands are pointing downward above the 20% range which indicates that the cryptocurrency is likely to continue its fall. The crypto’s price is expected at the previous low of $0.24.

We shall initiate long trades as soon as the bears have exhausted their bearish pressure. Meanwhile, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: December 14, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.29, $0.28, $0.26

Yesterday, December 13, the XRP price was in a bearish trend. The XRP price is ranging above the $0.30 price level. Similarly, the 12-day EMA and the 26-day EMA were horizontally flat along with the price bars. Yesterday, the bears broke the 12-day EMA, the 26-day EMA and fell to the low of $0.30 .

The $0.30 price level had been the support level since December 7. The support level had been tested on more than three occasions and had not been broken. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal .

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a bearish trend. At the $0.30 price level, the 12-day EMA and the 26-day EMA are horizontally flat indicating that price was ranging at that level. The bears broke the 12-day EMA, the 26-day EMA and fell to the low of $0.30.

Later the crypto commenced a range bound movement. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: December 13, 2018

Latest Ripple News

Even with falling prices, infrastructure and liquidity funnels continue to sprout. And it is a no-brainer why they are needed. The more the channels for investment and/or use, the steadier the price and as well as breadth and depth. This is why the proliferation of crypto fiat on-ramps is of interest in this space as it is easier for many to buy rather than mine coins as BTC before converting them for other liquid coins as XRP.

It is for this reason that the entry and launch of a crypto—fiat trading platform by the Japanese crypto exchange Bitpoint should be exciting. The exchange with an operating license from Tokyo shall operate from Panama and verified users can deposit, trade and withdraw their proceeds through wire transfers.

Meanwhile, Charlie Shrem’s firm, CryptoIQ has published a hard-hitting and a rather blunt article: “XRP is a Security, but Ripple Doesn’t Want You to Know”. The post made some startling accusations further reiterating what the community is worried about. Though XRP is the second most liquid coin in the space, its future depends on whether the US SEC classifies it as a security or utility.

If the latter is the case then it would be in line with Brad Garlinghouse repeated explanations that XRP is separate from Ripple—which is a centralized company and buying XRP isn’t owning shares or expecting profits from Ripple’s revenue.

XRP Price Analysis

XRP/USD Daily Chart

XRP/USD Price Analysis

In the deep of this bear market, XRP/USD is stable and down 11 percent in the last week. Even with this, our previous XRP/USD trade plan is valid and unless there are drops below Sep 2018 lows of 25 cents, we shall retain a bullish outlook on this pair expecting bulls to reverse the last few week’s losses.

For that to hold true then there must be positive momentum that will thrust prices above 35 cents—our immediate resistance. This could kick-start reversal of Nov losses perhaps driving prices above 40 cents ushering in the next wave of bull pressure towards 55 cents and 60 cents.

XRP/USD 4HR Chart

XRP/USD Price Analysis

Because we are still bullish on XRP/USD, we shall be searching for bullish opportunities in this time frame.

And in that line, Dec 8 2300HRs bull bar is of our interest. Note that aside from being of high volumes—23 million versus 9 million average, it is bullish and XRP/USD prices are still oscillating on its 5 cents range. The upper limit is at 33 cents with clear supports at 29 cents.

Therefore, before we trade this pair, there must be a breakout above resistance at the back of strong volumes. First targets will be at 40 cents and later 60 cents. If not and prices drop below Dec 8 lows of 29 cents, then odds are XRP will sink below 25 cents and even test 15 cents by the end of the year.

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: December 13, 2018

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, December 12, the XRP price was in a bullish trend. The XRP price has been stable at the $0.30 price level. The bulls made attempt yesterday by breaking the 12-day EMA and 26-day EMA to the upside. However, the bulls were resisted at the $0.32 price level. The bears were breaking the 12-day EMA and the 26-day EMA to the downside.

Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bullish trend. The crypto’s price is already in the bullish trend zone. Yesterday, the bulls made a bullish movement and broke the 12-day EMA and the 26-day EMA to the high of $0.31.

Later, the bulls were resisted and the price fell to the downside.Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: December 12, 2018

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, December 11, the XRP price was in a bearish trend . Price of XRP had been ranging above the $0.30 price level in the last five days. From the price action, the bears had on four occasions been attempting to break the support level but were resisted at the price of $0.29, $0.30,$0.30 and $0.30 on a daily basis.

On the upside, the bulls may face resistance at the $0.32 price level. Price is making another bullish movement. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. The crypto’s price fluctuates below and above the exponential moving averages. On December 10, the crypto’s price fell to the low of $0.30 and broke the 12-day EMA and the 26-day EMA to the upside.

On December 11, the crypto’s price followed the same pattern of movement but was heading towards the bearish trend zone. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. In the lower time frame, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: December 11, 2018

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, December 10, the XRP price was in a bearish trend zone. On December 9, the bulls broke the 12-day EMA and the 26-day EMA and reached the high of $0.32. But the bulls could not hold on to price above the EMAs and the bears pulled back price to the bearish trend zone.

The bears brought the price to the low of $0.30 and commenced a range bound movement above that level. If the bears break the $0.30 price level the crypto will find support at the $0.24 price level. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. On December 9, the crypto’s price was in the bullish trend zone. Yesterday, the bears brought the price to the bearish trend zone. The crypto’s price fell to the low of $0.30 and it is attempting to break the 12-day EMA to the upside.

Meanwhile, the crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is likely to fall. If the price falls below the $0.30 price level it is likely to reach the previous low. Traders should look out for buy setups to initiate long trades if the price falls to the low of $0.24.


Ripple (XRP) Daily Price Forecast: December 10, 2018

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.61, $0.63, $ 0.65
  • Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was in a bearish trend. On December 7, the crypto's price fell to the low of $0.29 and commenced a range bound movement towards the EMAs but could not break the 12-day EMA and the 26-day EMA. On December 8, the crypto’s price was resisted and it fell to a range bound movement.

On December 9, the crypto’s price was resisted by the 26-day EMA and it fell to a downward trend. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. On December 7, the crypto's price fell to the low of $0.29 and commenced a range bound movement. The crypto’s price was fluctuating above and below the EMAs but the price is below the EMAs.

Meanwhile, the stochastic indicator is above the 20% range. This implies that the XRP price has a bullish momentum and a buy signal. If the crypto’s price falls and finds support at the $0.24 price level, traders should initiate long trades in anticipation of a bullish trend.


Ripple (XRP) Long-Term Price Forecast: Dec 8, 2018

XRP /USD Price Long-term Trend: Bearish

  • Supply levels: $0.56, $0.58, $ 0.60
  • Demand levels: $0.25, $0.23, $0.21

The price of XRP was bearish in the latter part of November 2018. At the beginning of November, the crypto's price was in a bullish trend zone as price made incursions into the upper price levels. On November 18, the bears broke the 12-day EMA and the 26-day EMA which resulted in the downward trend. From the Stochastic indicator, the reading is in the range above 20. This implies that the crypto has a bearish momentum and a sell signal.

If the downtrend continued, the XRP price is expected to reach the previous low of $0.24.
Nevertheless, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: December 7, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, December 6, the XRP price was in a bearish trend. On December 4, the crypto's price was resisted while in a bullish trend by the 12-day EMA. The XRP price fell from the $0.35 price level to the low of $0.30. The bearish trend has broken the previous low of $0.33.

At this price, the crypto was fluctuating between the levels of $0.33 and $0.40 but price is likely to continue its downtrend until it reaches the previous low of $0.24. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. On December 6, the crypto's price was in a bullish trend when it was resisted by the EMAs. The crypto's price broke the EMAs and fell below the EMAs at the low of $0.33.

The XRP price continued its fall to the low of $0.30. If the crypto's price fall to the previous low of $0.24, traders should look out for buy setups to initiate long trades. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall.


Ripple (XRP) Daily Price Forecast: December 6, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, December 5, the XRP price was in a bearish trend. The XRP price has fallen to the previous low of $0.33. The digital currency presently ranges between the levels of $0.33 and $0.40. Price had previously respected the $0.33 price level and it ranged back to the upper price level. However, if the bears break the $0.33 price level, the digital currency will fall to the previous low of $0.24.

Also, if the $0.33 price level hold traders should look out for buy setups to initiate long trades in anticipation of a bullish trend. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. The digital currency has fallen to the low of $0.33 and price is fluctuating above it. The price of a digital currency is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall.


Ripple (XRP) Technical Analysis: December 5, 2018

Latest Ripple News

Thing is, there is a lot of development as far as Ripple’s XRP adoption is concerned. As a network–whose main objective is to provide bankers with a better, faster and more efficient alternative while taking on the dominant, 40-year old mainstay SWIFT–expand, Ripple’s executives are working overtime not only for them to find forge partnerships with leading bankers from all over the world but their primary aim is to ensure regulatory compliance.

Despite the benefits adopting companies stand to benefit and decentralization strategy in place, the company still has to be on the defensive, shielding their positions against critics who insist that still XRP is centralized as Ripple owns around 65 percent of the total supply. They are worried that if in case the company liquidate their holdings then there would be an oversupply and XRP could drop back to less than 1 cent.

Aside from this, critics add that XRP is supplementary and not really needed for Ripple’s solutions as xCurrent and xVia to operate. According to their narrative, XRP is just but an Air drop that was earlier released to spur participation and use of the network. That could be part of the reason why existing banks plugged into the network are reluctant to upgrade to xCurrent Version 4 despite the obvious benefits and choice of integrating xRapid.

XRP/USD Price Analysis

Weekly Chart

XRP/USD Price Analysis

Generally, XRP/USD prices are stable. At spot, XRP is down three percent but trending above Nov lows meaning the trend is technically bullish even if bears seem to be in charge.

In line with our previous XRP/USD trade plans we suggest taking a neutral stand considering the trend of the last two days only executing longs once there are visible and high volume close above 40 cents—the upper range of our support zone. Once this print, then buyers should load up on every pull back with first targets at 60 cents and later 80 cents.

On the flip side, losses below 30 cents could see XRP/USD prices drop below 25 cents effectively erasing Sep 2018 gains. This could usher in the next wave of sell that will no doubt increase losses as XRP register new lows.

Daily Chart

XRP/USD Price Analysis

Here, it is clear that XRP/USD prices are still trending inside Nov 25 high low.

As long as prices are trading above 30 cents or the pin bar’s low, then bulls should be in control and this could further build the base for gains above 40 cents as XRP/USD break above consolidation triggering buys as aforementioned.

If this happen, then price action would have confirmed the Morning Star pattern of Nov 28 cementing our bulls’ assertion. Ideally, we expect any breakout above 40 cents or 30 cents to be propelled by spike in market participation.

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: December 5, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, December 4, the XRP price was in a bearish trend. Yesterday, the XRP price was ranging below the 12-day EMA and the 26-day EMA. That is it fell to the low of $0.34  and immediately pulled back to the high of $0.36. Today, the crypto's price has been resisted by the 12-day EMA and it is falling.

Remember that the XRP price fluctuates between the levels of $0.34 and $0.40. The bearish trend will find support at $0.34 price level while the bullish trend will face resistance at the $0.40 price level. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. On December 4, the digital currency fell to the low of $0.35 and commenced a range bound movement below the 12-day EMA and the 26-day EMA. The 12-day EMA and the 26-day EMA are horizontally flat indicating the sideways trend. The crypto's price is likely to fall since the price is below the EMAs.


Ripple (XRP) Daily Price Forecast: December 4, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, December 3, the XRP price was in a bearish trend. Yesterday, the crypto's price fell to the low of $0.35. And if the downtrend continued, the digital currency will fall to the previous low of $0.28. However, since on November 25, the price of XRP had been fluctuating between the levels of $0.33 and $0.40.

If price is in a downward trend and it tested the lower price range of $0.33, it is likely to pull back to continue its range bound movement. On the other hand, if the digital currency rises, it will face resistance at the $0.40 price level. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. On December 3, the digital currency fell to the low of $0.34 and commenced a bullish movement. The crypto's price is testing the 12-day EMA. If the bulls break the 12-day EMA and the 26-day EMA, the digital currency is likely to rise. On the other hand, if the crypto's price is resisted by the 12-day EMA, the digital currency will continue its downward trend.


Ripple (XRP) Daily Price Forecast: December 3, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was in a sideways trend. On November 28, the bulls had an upper hand as the price reached the high of $ 0.39. However, on December 1, the bears brought the price to its low at $0.36; then there was a pullback above the 12-day EMA and the 26-day EMA.

Presently, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. If the digital currency falls at this point in time, the crypto will find support at $0.28. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. The crypto's price is also below the 12-day EMA and the 26-day EMA indicating that price is likely to rise. The MACD line and the signal line are below the zero line which indicates a sell signal. If the digital currency did fall to its previous low of $0.28, traders should initiate long trades in anticipation of long trades.


Ripple (XRP) Long-Term Price Forecast: Dec 1, 2018

XRP /USD Price Long-term Trend: Bearish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.30, $0.28, $0.26

The price of XRP was bearish in the latter part of November 2018. The digital currency is more stable than the other cryptocurrency. On November 1, the XRP has an opening balance of $0.45 but today, November 30, the crypto has fallen to the low of $0.36 as at the time of writing. In other words, the XRP price has lost 20% of its capitalization in the month of November 2018.

The digital currency has the tendency to fall because the price is in the bearish trend zone. There will be no trade recommendation until the bears have exhausted their bearish pressure. Nevertheless, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: November 30, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, November 29, the price of XRP was in a bearish trend. The bearish candlestick broke the 12-day EMA and the 26-day EMA to the downside. The price of the digital currency is now trading below the exponential moving averages.

If price ranges in the bearish trend zone, there is the tendency for the crypto to fall. For the crypto to rise, the price must break the EMAs and the $0.50 price level. Today, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. Yesterday, the crypto's price made a bullish movement and reach a high of $0.38. The digital currency had been resisted by the 26-day EMA and price is in the bearish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates the sell signal.


Ripple (XRP) Daily Price Forecast: November 29, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, November 28, the price of XRP was in a bullish trend. The price of the digital currency broke the 12-day, the 26-day EMA and remained above it. The implication is that XRP is now in the bullish trend zone. The bullish trend made the digital currency to reach the high of $0.40 but the crypto's price is retracing from the recent high.

If the price retraced and broke the 12-day EMA and the 26-day EMA to the downside; the digital currency will fall to the low of $ 0.35. Today, the crypto's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. The crypto's price fell to the bearish movement after 48 hours of bullish movement. The crypto's price has broken the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Traders are to exit their long trades as against the bearish trend.


Ripple (XRP) Technical Analysis: November 28, 2018

Latest Ripple News

The race is on and three months after sponsoring the SWELL conference where amongst other important announcements, xRapid was launched, Ripple—the software solution provider has now rolled out xCurrent version 4. The new version–aside from being a payment processing platform providing end to end tracking, will allow integration of xRapid—one of the three main products fronted by Ripple that leverage on XRP as an on-demand liquidity tool.

Of course and as expected from the community, the move is a welcomed addition and though the uptake is really slow draws earlier comments made by Jim Kelly, the Director of Talent Acquisition at Ripple and the intention Ripple has of merging all their solutions into one irresistible product–where banks not only would send funds is a safe manner but there would be combination of rich information and end to end tracking via one wholesome product—called Convergence. At the moment, there has been no official communication from Ripple but we can connect the dots and see the trajectory of where this could end up.

Meanwhile, Ripple and CoinBase have decided to pool resources and fund a security issuing platform, Securitize. The company intends to tokenize the $7 trillion asset and securities sector. Already, the company has received $12.75 million in funding is Series A funding led by Blockchain Capital with participation from CoinBase Ventures and Xpring.

XRP/USD Price Analysis

Weekly Chart

XRP/USD Price Analysis

Technically, our previous XRP/USD bullish stance is still valid. Though XRP is down 11 percent in the last week, losses are tapering. It is actually up 12 percent since it was down 23 percent or thereabout early this week. Moving on, the rebound from 35 cents is positive and because we are overly bullish with prices trending above the lower limit of our support zone, it is likely that buyers would trigger a wave of buy pressure driving XRP above our ideal buy trigger line at 60 cents.

This is an important level not only marking Oct-Nov highs but the 38.2 percent Fibonacci retracement level anchoring on Sep high low. In the meantime—and considering price developments in the last few hours, we suggest short-term buys in lower time frames with first targets at 60 cents. On the reverse side, drops below 35 cents would usher in a wave of sell pressure complementing those of last week where XRP/USD could sink and print 15 cents by end of the year.

Daily Chart

XRP/USD Price Analysis

Here the rejection of lower lows is clear. Thanks to events of Nov 25 when a bullish pin bar—long lower wick printed indicating buy pressure in lower time frames—printed, subsequent bars have been trending inside that bar. Although the recovery is yet to be confirmed, buyers can begin loading up more so if prices close above 40 cents. After all, we now have a three bar bullish reversal bar at the back of high volumes. Therefore, if tomorrow end up bullish then aggressive traders should continue adding their longs with stops at 35 cents and first targets at 60 cents in line with the week ending Sep 23 upsurge.

*All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: November 28, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, November 27, the price of XRP was in a bullish trend. The crypto's price broke the 12-day EMA while in a bullish trend. The 12-day EMA now acts as a support as the XRP price breaks the 26-day EMA. However, if price breaks the 26-day EMA to the upside and remains above it, traders should look out for buy setups to initiate long trades.

A stop-loss order should be placed below the $0.33 price level. Today, the crypto's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. The price of the digital currency is above the 12-day and the 26-day EMA indicating that price is in the bullish trend zone. Meanwhile, the MACD line and the signal line are above the zero line which is a buy signal.


Ripple (XRP) Daily Price Forecast: November 27, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, November 26, the price of XRP was in a bearish trend. On November 25, the bulls attempted to break the 12-day EMA and the 26-day EMA but were resisted. If the bulls had succeeded in breaking the EMAs, the price of XRP would have been in a bullish trend.

On November 26, the bulls were resisted by the 12-day EMA and price was in a downward trend. Today, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. On November 26, the digital currency fell to the low of $0.35 and commenced a range bound movement. The 12-day EMA and the 26-day EMA are in a horizontal pattern indicating a sideways trend. As price is ranging, price also has reached the oversold region of the market suggesting bulls to take control of the market.


Ripple (XRP) Daily Price Forecast: November 26, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Last week the price of XRP was in a bearish trend. On November 19, the crypto's price broke the 12-day EMA and the 26-day EMA and price fell below the EMAs. It was at this point the digital currency commenced its downward trend. On November 25, the crypto’s price fell to the low of $0.33 and commenced a bullish movement.

The bulls broke the 12-day EMA but are facing resistance at the 26-day EMA. Today, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. On November 25, the crypto's price rose from it's low of $0.33 made a bullish movement to the 12-day EMA. Again it fell to the low of $0.34 and commenced a bullish movement which resulted in the breaking of the 12-day EMA and the 26-day EMA. Meanwhile, the XRP price is expected to rise because the price is above the 12-day EMA and the 26-day EMA. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: Nov 24, 2018

XRP /USD Price Long-term Trend: Ranging

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

The price of XRP is one of the best performing cryptocurrency because of its consistency. The XRP/USD pair is currently in a sideways trend in the month of November 2018. On November 1, the digital currency had an opening balance of $0.45 but had depreciated to the low of $0.40. On November 20, the crypto's price broke the 12-day EMA and the 26-day EMA and fell on a downward trend.

The XRP price will have difficulty to resume its uptrend because it has fallen below the $0.50 price level and the exponential moving averages (EMAs). On November 24, the crypto's price is approaching the $0.41 price level. There are indications that price may reach the low of $0.38. Nevertheless, the price of XRP is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. The MACD line and the signal line are below the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 23, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 22, the price of XRP was in a bearish trend. On November 22, the crypto's price was resisted by the 12-day EMA and price resumed its downward trend. This current bearish movement may see the digital currency depreciating to the low of $0.38.

The crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. On November 23, the crypto's price was resisted by the 12-day EMA and price fell in a downward trend. The digital currency is approaching the $0.42 price level and it is expected to depreciate further.

The price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: November 22, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.46, $0.44, $0.42

Yesterday, November 21, the price of XRP was in a bullish trend. On November 21, the crypto's price fell to the low of $0.42 and commenced a bullish movement towards the exponential moving averages.

A bullish candlestick is now testing the 12-day EMA and probably will break through to the 26-day EMA. The crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the price of XRP is in a bullish trend. On November 21, the crypto's price fell to the low of $0.44 and commenced a bullish movement above the 12-day EMA and the 26-day EMA. The digital currency is out of the bearish trend zone. The XRP price is above the exponential moving averages indicating that price is likely to rise. Traders are to look out for buy setups so as to initiate long trades in anticipation of a bullish trend.


Ripple (XRP) Technical Analysis: November 21, 2018

Most notably, XRP has been resilient against strong waves of bears acting as a temporary store of value even as the SEC uncertainty hang in the air. Needless to say, candlestick arrangements favor bulls all thanks to Sep 2018 explosion from 25 cents and the slow but gradual decoupling of XRP from BTC influence.

Latest Ripple News

Cryptocurrencies and blockchain is all about the community and decentralization. When everything is chopped to small bits with is no single point of failure then there are many benefits to be drawn. Among them is the transfer of power from centralized groups to individuals who them exercise their free will to do whatever they wish with their assets.

That is why the blanket ban of cryptocurrency exchanges and crypto trading in China has not completely stopped enthusiasts from trading or buying coins. Miners are in operation but what is important is the existence of OTC exchanges. It is for this reason that Binance, the world’s largest crypto exchange by trading volume will be sinking $3 million to Koi Trading an OTC trading platform with bases in San Francisco, CA.

Aside from offering consulting work, data science and quantitative research the OTC trading desk aim to be a global option for individuals or institutions seeking private liquidity. Like a typical exchange, their goal is to be this reliable and compliant bridge linking fiat with cryptocurrencies.

These objectives bode well with those of Binance who are concurrently building a global infrastructure allowing for seamless exchange of value. The Koi Trading OTC desk enforce AML and KYC rules and with extensive banking relations, the crypto world would greatly benefit from this.

XRP/USD Price Analysis

Weekly Chart

XRP/USD Price Analysis

From a top down approach, our previous XRP/USD trade plans are valid as long as prices are trading above our support zone of 35 cents—40 cents. As it stands, the market is now steadying after registering deep losses at the back of an unnecessary hash war which dragged BTC and most altcoins coins.

Surprisingly, XRP remained resilient rejecting lower lows below 40 cents. Everything else constant, conservatives should take a neutral stand until we see solid moves above the 60 cents or Oct highs mark. Since we are bullish, we shall recommend buys on dips with first targets at 80 cents and $1. If not and there are drops below 35 cents, then we recommend exiting all longs as XRP would most likely drop to 25 cents and even 15 cents.

Daily Chart

XRP/USD Price Analysis

In the meantime, rejection of lower lows is a clear indication that there is demand in lower time frames. Because of this and the simple fact that there is a bull bar printing thanks to yesterday’s high volume, tight range price action mean aggressive traders can load XRP/USD at spot with stops at 40 cents. As aforementioned, first targets would be 60 cents—our immediate resistance and later 80 cents.

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: November 21, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 20, the price of XRP was in a bearish trend. Yesterday, a bearish candlestick broke the 12-day EMA and the 26-day EMA and price were in a downward trend. The bears broke the support level at $0.45 to the low of $0.43. The crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.

If the bearish trend continued price would find support at $0.38. On the other hand, if price breaks the 12-day EMA and the 26-day to the upside; the crypto is likely to resume its uptrend. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a trend. The crypto's price fell to the low of $0.42 and commenced a bullish movement to the exponential moving averages. If price breaks the EMAs and remains above it, the crypto will be out of the bearish trend zone. Traders are to look out for buy setups so as to initiate long trades.


Ripple (XRP) Daily Price Forecast: November 20, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.46, $0.44, $0.42

Yesterday, November 19, the price of XRP was in a bearish trend. The crypto's price broke the 12-day EMA and the 26-day EMA and fell to the low of $0.48. Price is fluctuating above the $0.48 price level. If price breaks the $0.50 price level to the upside the digital currency will resume its uptrend movement.

On the other hand, it will continue its range bound movement if it fails to break the $0.50 price level. The price of XRP is neither below nor above the 12-day EMA and the 26-day EMA indicating that price is the sideways trend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in sideways trend. Yesterday, the price fell to the low of $0.47 and commenced a range bound movement. Price is now fluctuating below and above the exponential moving averages. The price of XRP is neither below nor above the 12-day EMA and the 26-day EMA indicating that price is the sideways trend.


Ripple (XRP) Daily Price Forecast: November 19, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.46, $0.44, $0.42

Last week price of XRP was in a bullish trend. On November 13, the 26-day EMA acted as a support for the digital currency. However, the following day the price of the digital currency broke the 12-day EMA and the 26-day EMA to the low of $0.46. The $0.46 price level was the previous low of November 5 where the crypto’s price had a bullish movement.

Last week price made a similar bullish movement to the high of $0.51. Today, the crypto has been resisted because of the resistance at $0.50. The crypto’s price had  since been broken by the 12-day EMA and the 26-day EMA to the downside indicating that price is likely to be in the bearish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bullish trend. On November 15, the digital currency fell to the low of $0.43 and pulled back to the upwards and became range bound. On November 18, the digital currency reached a high of $0.52 in a bullish trend. Today the crypto’s price faced resistance at the $0.50 price level.


Ripple (XRP) Long-Term Price Forecast: Nov 17, 2018

XRP /USD Price Long-term Trend: Ranging

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

The XRP/USD pair was in a sideways trend in the first two weeks of November 2018. On November 1, the crypto was in a bullish trend with an opening balance of $0.45. On November 6, the crypto's price reached the high of $0.54 and was resisted. The digital currency fell to the low of $0.50 and commenced a range bound movement above the 12-day EMA.

The 12-day EMA acted as a support level for the price of XRP. Later a bearish breakout broke the exponential moving averages(EMAs) and the price fell to the low of $0.47.However, the price of XRP is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. The MACD line and the signal line are below the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 16, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.46, $0.44, $0.42

Yesterday, November 15, the XRP price was in a bullish trend. The crypto’s price fell to its previous low of $0.46 but the bulls took price to the high of $0.48. The price of the digital currency is still below the 26-day EMA. Price has broken the 12-day EMA to the upside. For the cryptocurrency to resume its uptrend it must break the $0.50 price level. Traders are to keep their long trades open as the bullish trend progresses. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The price of the digital currency fell to the low of $0.45 but the bulls took price to the high of $0.48.The crypto’s price is now above the 12-day EMA and the 26-day EMA indicating that price is in the bullish trend zone. In addition, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 15, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Yesterday, November 14, the XRP price was in a sideways trend. Price was fluctuating above the $0.51 price level when the crypto had a bearish breakout. The bearish breakout broke the $0.50 price level, the 12-day EMA and the 26-day EMA. The digital currency fell to the previous low of $0.46. Presently, the price is consolidating at the $0.46 price level.

If price holds at that level, traders should initiate long trades at the current market price. Then a stop loss should be placed below the support level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The crypto's price fell to the low of $0.46 and commenced a range bound movement. The XRP’s price is below the 12- day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: November 14, 2018

Latest Ripple News

Blockchain is roughly 10 years old– going by Bitcoin statistics. It could be older now that Ripple Labs was formed in 2004 but Ripple began full operations in 2012. As one of the leading cross-border payment solutions leveraging on blockchain technology for efficiency, transparency and speed, we expect the tussle between them and SWIFT to heat up.

Rumors were rife that Ripple could partner with the global payment system but the company’s spokesperson poured cold water saying SWIFT was planning to update their global payment innovation allowing users to enjoy payment rich information, end to end tracking capabilities, better speeds and improved efficiency. All member banks had to do was to upgrade. But recent statistics indicate that adoption level is low as member banks avoid paying more to access this new GPI.

As a vast messaging and communication network connecting more than 11,000 banks, securities organization and basically all vital market infrastructure moving a whooping $100 billion a day, estimates put adopting members at around 200. That is very low and sensing weakness, Brad Garlinghouse in a recent interview with Bloomberg said there are channeling all their efforts to replace SWIFT as the next dominant payment system in the world.

Of course, this is ambitious and it would be better more so if member banks adopt xRapid and XRP. By making use of this on-demand liquidity tool, attention would be drawn to XRP propelling prices to new levels.

XRP Price Analysis

XRP/USD Weekly Chart

XRP/USD Price Analysis

Overly, the nine percent loss in the last week should be a cause of worry. For all we know, prices have been stuck in range mode for the better part of October weeks after those super gains of late September.

Regardless of short term bears, we shall maintain a bullish outlook on price expecting buyers to buy dips in lower time frames as long as price action is maintained above 40 cents—previous resistance now support.

Generally, we expect buyers to prevail but before we project moon slings, bulls must first drive prices above 55 cents-60 cents buy trigger line marked by the 38.2 percent Fibonacci retracement level in line with our previous XRP/USD trade plan. Thereafter, first targets would be 80 cents and later $1.

XRP/USD Daily Chart

XRP/USD Price Analysis

Here, losses are moderate at five percent in the last day but still buyers are technically in charge.

This preview is purely from an effort versus result perspective and despite rejection of higher highs, the failure of price action to print a double bar bear rejection pattern after Nov 4 is an indication of underlying momentum.

Notice that prices are still oscillating inside Nov 4 high low and with supports at 50 cents we expect prices to find support. However, if there is a meltdown and XRP/USD prices close convincingly below 50 cents, we suggest taking a neutral stand.

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: November 14, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.50, $0.48, $0.46

Yesterday, November 13, the XRP price was in a sideways trend. Price was fluctuating above the $0.52 price level before it fell to the low of $0.51. The crypto’s price is now ranging above the 12-day EMA and the $0.50 price level.

The digital currency is likely to resume its uptrend if the $0.50 price level is not broken. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. On November 13, the crypto’s price broke the 12-day EMA and the 26-day EMA and fell to the low of $0.51.The XRP’s price is below the 12- day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: November 13, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Yesterday, November 12, the XRP price was in a bullish trend. Yesterday, the crypto's price reached a high of $0.53 in a bullish trend. The price of the digital currency is fluctuating above the $0.53 price level. Meanwhile, the crypto's price is above the exponential moving averages indicating that price is likely to rise.

The digital currency is above the $0.50 price level which will enable it to resume its uptrend movement. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The 26-day EMA acted as a resistance to the falling crypto's price. The XRP’s price is above the 12 -day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 12, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Last week the XRP price was in a bullish trend. On November 6, the digital currency reached a high of $0.55. On November 7, the digital currency was resisted and it fell in a downward trend to the low of $0.49. It was suggested that if price falls below the $0.50 price level the digital currency is not likely to resume its uptrend.

The XRP price commenced a bullish movement to the high of $0.51. Later the crypto’s price was fluctuating above the $0.50 price level. The digital currency is likely to rise. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a bullish trend. The XRP’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Nov 10, 2018

XRP /USD Price Long-term Trend: Bullish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

The XRP/USD pair was in a bullish trend in the month of November 2018. The crypto reached the high of $5.73 and was resisted. In the month of October, the digital currency was fluctuating between the levels of $0.44 and $0.46. On November 6, the digital currency reached a high of $0.56 but was resisted because it faced resistance at the price of $0.60.

The price of XRP is likely to rise in future because it is above the 12-day EMA and the 26-day EMA. Also, the XRP price is at the $0.50 price level where it can possibly resume its uptrend. Nevertheless, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 9, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 8, the XRP price was in a bearish trend. It was suggested yesterday that if price broke the $0.50 price level, XRP price will depreciate further. Today, the $0.50 price level has been broken and the price is below the 12-day EMA and the 26-day EMA. However, the bulls are making another attempt to cross above the $0.50 price level.

Nevertheless, since the price has broken the $0.50 price level, the digital currency is likely to depreciate to the low of $ 0.46. If it does fall to the low of $0.46 and holds, traders should initiate long trades in anticipation of a bullish trend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP’s price is above the 12 day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: November 8, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.48, $0.46, $0.44

Yesterday, November 7, the XRP price was in a sideways trend. The crypto’s price was ranging at a price of $54 when the digital currency fell. The digital currency fell because it faced resistance at the price of $0.60 which is the upper level of price range. The crypto’s price has broken the 12-day EMA and  the 26-day EMA indicating that price is likely to continue its fall.

However, if price breaks the $0.50 price level, the digital currency will depreciate to the low of $0.46 and it is not likely to resume its uptrend. On the other hand, if the price remains above the $0.50 price level the crypto is likely to resume its uptrend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP’s price is below the 12 day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: November 7, 2018

One month after prices reversed from 25 cents, XRP/USD seem to be resuming trend after Nov 6 bull rally. The cause has not been substantiated but many are linking the drive above 55 cents to SWIFT RippleNet integration and a host of other factors as Ripple partnership acceleration and SBI Group XRP advocacy.

Latest Ripple News

Despite the market downturns that has seen XRP/USD pair fall more than 80 percent from 2017 highs, XRP remains a buy from a fundamental point of view. This is so because the Ripple, the software company whose solution xRapid make use of XRP, has increased the number of partnerships. Not only are we seeing service providers as Wirex availing XRP to their customers allowing direct expenditure but more others as SBI Group are advocating for projects within their immediate circle to use XRP.

Of course, the benefits of leveraging XRP are many and aside speed, efficiency and cost cutting, there is fluidity brought by linking to a wide and deep network of banks and service providers. As such funds to move faster without technical hitches or latency. This is unlike traditional set-ups where there are frictions leading to more costs which are piled on to the end users.

Combined with rumors that SWIFT will be upgrading their protocol incorporating XRP led to an immediate price expansion. Though this partnership is quite surreal and is what the community would want to see, SWIFT spokesperson denied this speculation saying that the company is keen on improving their own network. As a matter of fact, the company plans to upgrade their Global Payment Innovation introducing real time transaction tracking capabilities.

XRP Price Analysis

XRP/USD Weekly Chart

XRP/USD Price Analysis

Thanks to rapid price expansion of week ending Sep 23, XRP/USD pair did print a conspicuous bullish break out pattern triggering a wave of buy pressure across the board. Though prices have since corrected only expanding yesterday, traders had an opportunity to buy at spot rates with first targets at 80 cents and $1. Nevertheless, with prices now trading above the 55 cents bull trigger level marking the 50 percent correction level as laid out by the Fibonacci retracement tool anchored on Sep high low, traders can begin searching for bull entry positions in lower time frames.

XRP/USD Daily Chart

XRP/USD Price Analysis

Back in the daily chart and we have a clear bull break out trade pattern. This confirms our previous XRP/USD trade plan and our assertion of buying on dips as long as prices were trending inside our buy zone marked by the 78.6 percent and the 50 percent Fibonacci retracement levels caging prices within a 15 cents zone. All in all, yesterday’s event did trigger conservative buys and those who are yet to buy can do so at spot with stops at Nov 6 lows at 50 cents. Like before, first bull target is 80 cents and later $1.

All Charts Courtesy of Trading View

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: November 7, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 6, the XRP price was in a bullish trend. The crypto’s price broke the $0.47 price level and price rallied at the $0.50 price level. Today, the digital currency reached the $0.55 price level and was resisted. Presently, the crypto fluctuates between the levels of $40 and $60.

The XRP price  is facing resistance at the price of $0.60. However, the price was resisted at the $0.55 price level and it is retracing to the previous low. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP’s price is below the 12 days EMA and the 26-day EMA which indicates that price is bearish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: November 6, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 5, the XRP price was in a sideways trend. The digital currency was resisted at the price of $0.47 and it commenced a range bound movement. Today, the crypto is in a bullish trend and the previous high of $0.47 has been broken. As the $0.47 price level was broken the crypto's price is rallying at the $0.50 price level.

The digital currency is expected to resume its uptrend. The XRP price is expected to reach the high of $0.60. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The crypto's price reached the high of $0.51 and was resisted. The XRP's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 5, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Last week, the XRP price was fluctuating above the $45 price level. On November 4, the digital currency had a bullish movement to the high of $ 0.47. The digital currency was resisted at the $0.47 price level. The crypto's price had difficulty in breaking the $0.47 price level since October 23, 2018. Nevertheless, the price of XRP is still above the exponential moving average indicating that price is likely to rise.

If price breaks the $0.47 price level, the digital currency will rally above the $0.50 price level. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a bullish trend after breaking 12-day EMA. The XRP's price is above the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: Nov 3, 2018

XRP /USD Price Long-term Trend: Bearish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

The XRP/USD pair was in a range bound movement in the month of October. The opening balance of the crypto was $58. It was at that occasion that price fell to the low of $0.38 and made a bullish movement to the high of $0.46 in the first week of November. Then the crypto is now ranging at a price of $0.46. The cryptocurrency is likely to encounter price breakout after its consolidation.

If price breaks on the upside, the digital currency will break the $0.50 price level and resume its uptrend. If price breaks on the downside, the digital currency will find support at $0.44 price level. Nevertheless, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 2, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 1, the XRP price was in a bullish trend. The crypto's price was hovering above the exponential moving averages indicating that the XRP price was likely to rise. Today, the digital currency is in a bullish trend. Traders should initiate long trades at the current market price and a stop loss order should be placed below the $0.45 price level.

Nevertheless, the digital currency is likely to face resistance at the $0.48 price level. However, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: November 1, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 31, the XRP price was in a sideways trend. On October 29, the digital currency fell the low of $0.44 and commenced a range bound movement. On October 31, the crypto’s price made a bullish movement to the high of $0.45 and commenced another range bound movement.

Price is now hovering above the exponential moving averages indicating that the XRP price is likely to rise. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in the sideways trend. The crypto’s price reached the low of $0.43 and made a bullish movement to the high of $0.45. The crypto's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. However, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Technical Analysis: October 31, 2018

As the energy efficiency debate rages on, XRP/USD is taking the brunt causing prices to dip towards the 35 cents-40 cents main support, previous resistance levels. However, it seems bears are slowing down and in a largely bullish setup, this is bullish and could be the building blocks for higher highs in days to come.

Latest Ripple News

There are two conflicting ideologies. On one hand, we have proof of work diehards. These chaps strongly believe that Bitcoin and all coins that employ proof of work are legit because energy is a resource. A resource which is not cheap and the scarcity around it is what makes P-o-W coins valuable. But with costs come centralization and BTC is grappling with centralization claims.

Countering this argument is the propagation of FUD that governments will ban P-o-W because they are increasingly becoming disastrous for the environment. Coins as XRP and similar that employ dPoS or PoS are therefore feasible alternatives that will “save the world” and everything in it from greenhouse emissions as energy grids is pushed to the way from Bitcoin mining demands.

Whatever is right or wrong is one’s judgment but what is increasingly becoming clear is that Ripple and their advocators are jumping on the energy efficiency narrative while giving real issues a while berth. Regardless, XRP and BTC are transformational and the end users have options. Both want to change the way funds are moved and though XRP is geared towards institutions, adopters stand to reap efficiency, speed while cutting down costs.

We are already seeing institutional involvements and from recent XRP Market Reports, it was observed that direct retail sales to institutions jumped 4.5 times from Q2 to around $98 million from $16 million. This is overly bullish and points to underlying demand. That’s aside from periphery companies plugging in, using Ripple Net even as some exchanges base their funds on XRP.

XRP Price Analysis

XRP/USD Weekly Chart

XRP/USD Price Analysis

If anything, XRP/USD losses are not steep. In the last week, it’s down 4 percent and barely moved in the last day. But, it’s the event of the last month or two that’s interesting. Note that in the same time frame, we retained a bullish outlook thanks to events of the end of Sep and mid this month when XRP prices responded by printing higher following news of USDT banking problems.

Volumes were respectable but not high enough. Though prices rose temporarily, the correction and consequent rejection of highs above 55 cents or the 50 percent Fibonacci retracement level anchored on Sep high low was sobering and hinted of a slowing market.

Moving on, we shall maintain a bullish outlook aware that losses below the 78.6 percent Fibonacci correction level would most likely sling us back to 25 cents for a 100 percent reversal of week ending Sep 23 gains.

XRP/USD Daily Chart

XRP/USD Price Analysis

Back to the daily chart and technically, XRP/USD is consolidating within important bars of Oct 15 and Sep 18-23 bulls. This is bullish but considering Oct 29 drawdowns and the mild volumes behind it, it would be safe to take a wait-and-see approach going forward because of reassurance and mostly due to risk-reward considerations.

Note that meltdowns below 40 cents would trigger short sellers to take trades with stops at around 45 cents and first targets at 25 cents. Alternatively, rejection of lower lows that will see XRP/USD prices rebound and close above 55 cents would be market boosting.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: October 31, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 30, the XRP price was in a bearish trend. The crypto’s price fell to the low of $0.44 and it is now fluctuating above that level. There is a tendency that the price of XRP is likely to fall. If the crypto’s price falls and breaks the $0.44 price level, XRP will find support at $0.37.

If the price does fall, traders should look out for buy setups in anticipation of a bullish trend. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in the sideways trend. The crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The 12-day EMA acts as a resistance to the digital currency. However, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: October 30, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 29, the XRP price was in a bearish trend. The digital currency had been range bound above the $0.46 price level. Yesterday, the range-bound movement was broken and the price fell to the low of $0.44. The crypto's price is ranging and now in a bullish movement. The cryptocurrency had been range bound between the levels of $0.40 and $0.60.

The XRP price's  inability to break the $0.50 price level caused the digital currency to fall. Traders should initiate long trades in an anticipation of a bullish trend. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in the bullish trend. The crypto's price fell to the low of $0.44 and commenced a bullish movement.The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in rising. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: October 29, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Last week the XRP price was in a sideways trend. The price of the digital currency was fluctuating above $0.46 price level. Today, the crypto’s price is still continuing with its range bound movement above the $0.46 price level. The XRP price is now above the exponential moving averages indicating that price is likely to rice.

If price does rise, the $0.50 price level will be tested. The crypto’s price will resume its uptrend as soon as the $0.50 price level is broken and price is sustained above that level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in the bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in rising. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: Oct 27, 2018

XRP /USD Price Long-term Trend: Ranging

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

On October 1, the XRPUSD pair has an opening balance of $0.56. The crypto's price fell to the low of $0.40 and commenced a bullish movement to the high of $0.48. Later, price fell to the low of $0.46 and commenced a range bound movement. Since October 18, the XRP price had been consolidating above the $0.46 price level.

The XRP price had not been able to resume its uptrend because of its inability to break the $0.50 price level. The cryptocurrency is likely to encounter price breakout after its consolidation. Nevertheless, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: October 26, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 25, the XRP price was in a bearish trend. The crypto’s price is fluctuating above the $0.46 price level. The price bars of XRP  are fluctuating above the $0.46 price level indicating that price is in a sideways trend. The crypto’s price is ranging because of the indecision between the buyers and sellers. However, price is likely to rise to test the $0.50 price level.

A price breakout is expected after the range bound movement. Nevertheless, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in the bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are at par with the zero line which indicates a neutral signal.


Ripple (XRP) Daily Price Forecast: October 25, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 24, the XRP price was in a bullish trend. Yesterday, the digital currency reached a high of $0.47 and was resisted. The price was resisted because it reached the resistance level at $48. The crypto’s price fell to a low of $0.46.

The digital currency is likely to rise again as it is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in the bearish trend. Yesterday, the crypto’s price fell to the low of $0.46. Today, it fell to the low of $0.45 but managed to recover to the high of $0.46. A Doji candlestick appears at the price of $0.46 indicating the bulls and the bears are undecided about where price will go.

The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast; October 24, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 23, the XRP price was in a bullish trend. Yesterday's price was in a downward trend and it was suggested that if price continues its downfall, it will revisit the previous low. Price fell to the low of $0.44 and commenced a bullish movement. The XRP price is making a series of higher highs and higher lows .

Price is expected to reach the $0.50 price level but will face resistance at the $0.48 price level. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in the bullish trend. The crypto’s price reached the high of $0.48 but retraced to the low of $0.46. Again, the crypto’s price reached the high of $0.47 and it is currently retracing. Price is expected to rise so as to break the resistance level The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: October 23, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 22, the XRP price was in a sideways trend. While in a bullish trend, the crypto’s price was sustained above the $0.46 price level. Later, price fell and it is fluctuating above the $0.45 price level. Today, the crypto's price is in a downward trend.

If price continues its downward trend the crypto price will revisit its previous lows of either $0.43 or $0.44. If it does, traders should look out for buy setups so as to initiate  long trades. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in the bearish trend zone. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: October 22, 2018

Ripple has no intention of partnering with XRP and as prices consolidate within a tight 15 cent range with clear caps at 55 cents, we recommend traders to buy XRP on every undervaluation with first targets at 80 cents and $1 as per our last XRP trade iterations.

Latest Ripple News

The announcement that Ripple would be attending this year’s Society for Worldwide Interbank Financial Telecommunication (SWIFT) conference was received with mixed reaction. Well, it didn’t make sense from a neutral’s perspective that Ripple, a competitor that has made it clear of their desire to dislodge the incumbent would attend and even deliver a speech.

Like Ripple, SWIFT is a network that enable participating financial institutions to send and receive financial transaction information is a secure, reliable and standardized environment. SWIFT connects more than 11,000 financial institutions and doesn’t perform any clearing or settlements of funds. It simply acts as an information conduit and has been offering the same services since 1973.

Though popular, it is expensive and characterized by high latency and that is why many were expectant of a partnership between Ripple and SWIFT during this Sibos conference but this was quashed by Marcus Treacher, the Global Head of Strategic Accounts at Ripple. In a tweet he said Distributed Ledger Technology is promising but realizing its potential is “years away”.

This in spite Ripple drive of increasing inter-connectivity across different financial institutions and payment providers across three continents. Remember, just recently, the company launched xRapid and so far, four companies including Viamericas whose chairman, Paul Dwyer, is the head of Money Services Business Association (MSBA). This group work directly with the SEC.

XRP Price Analysis

Weekly Chart

XRP Price Analysis

Back to price action and nothing much can be gleaned from recent XRP price movements. For once, XRP is technically bullish all thanks to the events of week ending Sep 23 when prices rocketed 150 percent printing 80 cents at one point. Though the correction was expected because of sharp expansion that caused a mis-price, the follow through consolidation is what is energy sapping and even shaking off weak bulls.

All things constant, XRP is trending inside our ideal buy zone with clear boundaries at 55 cents coinciding with the 50 percent Fibonacci retracement level anchoring on Sep high low. We retain our previous XRP trade plan and expect conservative, risk-off traders to load traders at spot with first targets at 80 cents and later $1.

Daily Chart

XRP Price Analysis

The 14 percent weekly gain isn’t reflected on the daily chart and instead what we have is flat, ranging type market with prices moving within a tight trade range. All things constant, we retain our previous outlook recommending risk off traders to buy at spot prices with stops at around 40 cents—our last resistance now support.

As aforementioned, we shall maintain a positive outlook but should there be depreciation below our main support zone of 35 cents and 40 cents then we shall revert back to neutral as we exit out bullish outlook.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: October 22, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Last week the XRP price was in a bullish trend. On October 15, the crypto's price reached the high of $0.52 but pulled back to the low of $0.46. The bulls made two attempts at breaking the $0.50 price level but without success. The crypto’s price is now ranging at a price of $0.46.

The digital currency will continue its range bound movement as price and the 12-day EMA and the 26-day EMA are horizontally flat indicating a sideways trend. Nevertheless, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Oct 20, 2018

XRP /USD Price Long-term Trend: Bearish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

On October 1, the XRP/USD pair reached a high of $0.60 while in a bullish trend. Thereafter, the crypto's price was resisted at the $0.59 price level and price fell to the low of $0.40. The XRP/USD pair is range bound between the levels of $0.50 and $0.60. The digital currency had been struggling since October 6, to break the $0.50 price level in order to resume its uptrend. It's inability to break the $0.50 price level has caused the cryptocurrency to fall. However, the crypto's price had been consolidating at the $0.45 price level for a possible breakout.

Nevertheless, the price of XRP is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: October 19, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 18, XRP price was in a bearish trend. On October 18, the crypto's price fell as a result of its inability to break the resistance level at $0.50. Price has fallen to the low of $0.46. The digital currency is now fluctuating above the $0.46 price level. If the crypto's price falls again, it will find support at $0.45.

Traders should initiate long trades if price holds at that level. Then a stop loss order below the $0.45 price level. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The MACD indicates that the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: October 18, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 17, XRP price was in a bullish trend. On October 15, XRP had a price rally and price reached the high of $0.52 but pulled back to the low of $0.46. The price fell because of the resistance at $0.50. However, price continued its bullish movement to the high of $0.49 but was resisted again and it fell to the low of $0.48.

The price is now in a range bound movement at the $0.48 price level. The crypto's price is making attempt to break the resistance at $0.50. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. Meanwhile, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. The crypto's price is likely to rise as the price is in the bullish trend zone.


Ripple (XRP) Technical Analysis: October 17, 2018

Technically, XRP is bullish and coupled with strong fundamental developments as comments from Cory Johnson about White House and Ripple’s effort of on-boarding different banks and payment processors on their network, the demand for XRP is steep. So, like before, we recommend traders to search for undervaluation in lower time frames and load on dips.

Latest Ripple News

Cory Johnson, the Chief Marketing Strategist at Ripple is doing a wonderful job. After more than 10 years in Journalism, he is doing everything he can to change the public perception of Ripple and XRP. To some extent, he has been successful and we can get a feel of that after Ripple got Bill Clinton at the SWELL conference on Oct 1 and 2. Besides, recent comments that Ripple officials have been having regular communication with members of the Trump administration and regulators.

In fact, in an interview with Breaker magazine, he said there is a team that is tasked with ensuring Ripple activities are lawful and mesh well with regulator demands anywhere in the world. However, a major takeaway from the interview was the unexpected mention of the White House and how there are concerns about Bitcoin and Ethereum mining.

It’s public knowledge that only but a handful of mining pools control Bitcoin mining. Further causing concerns is the simple fact that more than 75 percent of all Bitcoin hash rates are from China since most of these mining pools are located in that country.

That’s not the only concern troubling White House. It’s the level of centralization and the possibility that the Chinese government can “weaponize” this advantage since they directly control these miners—after all they are in their jurisdiction.

According to Johnson, XRP is a whole different beast. Since XRP is pre-mined, there is no risk of foreign control and is environmentally friendly.

XRP Price Analysis

Weekly Chart

XRP Price Analysis

Overly, we remain bullish on XRP and it isn’t because of Monday’s price surge. The source of this positive outlook is from week ending Sep 23 sharp gains that saw XRP momentarily print 80 cents. Though it slid back to spot rates, XRP is still trading inside that high volume, wide trade range bar meaning bulls are in charge even from an effort versus result perspective.

However, though we are upbeat expecting bulls to spearhead the long road towards recovery, any dip below 35 cents-40 cents main support line cancels our bullish outlook reverting us back to neutral.

On the flip side, gains above the 50 percent Fibonacci retracement tool marking the upper limit of our resistance zone at 55 cents shall trigger buyers aiming at 80 cents and later $1.

Daily Chart

XRP Price Analysis

In the daily chart, notice that prices found support within the ideal 50 percent and 61.8 percent Fibonacci retracement levels.

Now, as mentioned above, risk off or aggressive traders can begin ramping up at spot prices with stops at 40 cents with first targets at 55 cents.

Once this level is cleared then we expect conservative traders to pick up and clear Sep highs at 80 cents.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: October 17, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 16, XRP price was in a bullish trend. There was no significant price movement as XRP price was trading at $0.47 as against yesterday's price level. If the bullish trend is sustained the digital currency is likely to test or break the $0.50 price level. If it does, the digital currency will gather momentum to resume its uptrend.

We shall wait for the price to reach that level before recommending any trade. Though the crypto's price is likely to face resistance at the $0.50 price level. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. Meanwhile, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. The crypto's price is likely to rise as the price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: October 16, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 15, XRP price had a price rally where it's price reached the high of $ 0.52 but was repelled. However, price pulled back to the low of $0.46. The XRP price also has a challenge at the $0.50 price level. The cryptocurrency had not been able to break the resistance level at $0.50 since October 6, 2018, which caused XRP price to fall.

The crypto's price is now fluctuating above the $0.45 price level. Price is likely to rise as the price is nearing the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The crypto's price and exponential moving averages are horizontally flat. Meanwhile, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising.


Ripple (XRP) Daily Price Forecast: October 15, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Last week, October 8, XRP price had been fluctuating below the $0.50 price level. Since October 6, the crypto’s price fell below the $0.50 price level and had not been able to break upward the $0.50 price level. As a result, the price fell to the low of $0.38 on October 12 but managed to recover to the upside.

However, the digital currency made bullish movement to the high of $0.43 and commenced a range bound movement. Price has reached the oversold region and it is expected to rise. Traders are to look out for buy setups in order to initiate long trades. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. Meanwhile, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.


Ripple (XRP) Long-Term Price Forecast: Oct 13, 2018

XRP /USD Price Long-term Trend: Bearish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.40, $0.38, $0.36

In September, the XRP/USD pair has an opening balance of $0.33. The bulls have an upper hand over the bears as the crypto’s price closed at $0.56 at the end of September. The digital currency has gained 69% to its capitalization. On October 1, the digital currency commenced on a bearish note with an opening balance of $0.56. As at the time of writing, the crypto’s price has fallen to the low of $0.40 but managed to recover.

The reason for the fall was that the bulls failed to break upward the $0.50 price level so as to resume its uptrend. Meanwhile, XRP is expected to rise as the price is approaching the high of $0.42. Nevertheless, the price of XRP is neither above nor below the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 46 which indicates that the price is in the sideways trend zone.


Ripple (XRP) Daily Price Forecast: October 12, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0., $0.43, $0.41

Yesterday, October 11, the XRP price was in a bearish trend. The digital currency has fallen to the low of $0.38 but pulled back above the $40 price level. However, if price breaks below this level, XRP price is likely to revisit September lows. On the other hand, if the bulls are in control, the digital currency will have to reach the high of $0.50 price level.

At this level, XRP will resume its uptrend. Meanwhile, traders should look out for buy setup in anticipation of a bullish trend. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The cryptocurrency fell to the low of $0.38 and it is commencing a bullish trend. Meanwhile, XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.


Ripple (XRP) Daily Price Forecast: October 11, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.38, $0.36, $0.34

Yesterday, October 10, the XRP price was in a bearish trend. The digital currency had been bearish in the last 48 hours. And it has not been able to break the resistance at $0.50 in order to resume its uptrend. Rather the digital currency has been ranging below the $0.50 price level. Today, the XRP price has further depreciated to the low of $0.42.

The price has reached the oversold region of the market, traders are to look out for buy setups so as to initiate long trades. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the Relative Strength Index period 14 is level 14 which indicates that the market is oversold signaling bear’s exhaustion and suggesting bulls taking control of the market.


Ripple (XRP) Technical Analysis: October 10, 2018

The World Trade Organization did recognize Ripple’s business model and what businesses set to draw when they incorporate their solutions. This is bullish not only for Ripple and XRP but for the whole blockchain ecosystem. Regardless of the endorsement, XRP prices are stagnant and lower in the last week. Still, we retain a bullish outlook at the back of favorable candlestick formations.

Latest Ripple News

Banks and business are synonymous and have this symbiotic relationship that cannot be wished away. It’s in the spirit of trade that the World Trade Organization see improved speed and efficiency.

In a recent report released on Oct 3, the WTO say the Ripple ledger allow banks to cheaply and instantly convert different currencies in a matter of seconds.

“Another US-based company, Ripple (https://ripple.com), has ambitions to circumvent the correspondent banking model through its distributed ledger platform. It gives banks the ability to convert funds directly into different currencies in a matter of seconds and at little to no
cost, without relying on correspondent banks.”

This efficiency that Ripple brings on the table for adopting businesses especially in emerging economies paves way for globalization. And it could get better because in recent weeks, Ripple has been on an aggressive expansion drive on-boarding new members.

Most importantly though, the company announced the commercial availability of xRapid and while three companies will be using the payment processing solution, the demand from the use of XRP will be supportive of price.

Still, the WTO noted that while there are benefits of blockchain based payment solutions, they still lag their traditional counterparts on trading volumes. But, considering the technology is still nascent and has years to develop infrastructure and attract new clients, this gap will likely level up in days to come. When that happens, then Ripple and XRP will help showcase the power of blockchain boosting investors’ gains in the short term.

XRP Price Analysis

XRP Weekly Chart

XRP Price Analysis

Coin trackers indicate that XRP is down 11 percent in the last week but it shouldn’t be a worry for investors because prices are still trending inside week ending Sep 23 high low. Moving on, this correction to the 50 percent and the 61.8 percent retracement level, mesh well with buyers looking to buy on every dip in line with our last XRP price analysis.

Then we had indicated that ideal buy zone lies anywhere between 45 cents on the lower side and 55 cents on the upside and that’s where prices are trending on at the moment as we maintain a bullish outlook.

Unless otherwise there are sharp losses below 40 cents, our stand is valid and could be strengthened should momentum build up and clear the 50 cents resistance line at the back of high trading volumes.

XRP Daily Chart

XRP Price Analysis

In the daily chart, our buy zone is well marked. At the moment, XRP is trending well within our ideal reversal areas.

A simple Fibonacci retracement tool drawn between Sep high low shows that XRP is now between the 50 percent and the 61.8 percent correction level.

Fibonacci retracement rules dictate that this zone is perfect for buying and in that case we recommend buying on dips in lower time frames with first targets at 80 cents. Stops will be just below the lower limit of our support line at 45 cents. In the meantime, risk-on traders will ramp up once there are strong rallies above the 50 cents-55 cents resistance zone.

Ideally, this expected price expansion should be accompanied by strong volumes driving prices above $1 and towards $1.65.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: October 10, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Yesterday, October 9, the XRP price was in a bearish trend. The digital currency is still in a downward trend as price approaches the previous low of $0.46. On October 6, the digital currency fell below the $0.50 price level which was the lower level of price range and had been struggling to break that level.

Price had been in this lower range for the past five days and unable to resume its uptrend. Meanwhile, as the price is reaching the oversold region, traders should look out buy setups so as to initiate long trades.Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the Relative Strength Index period 14 is level 33 which indicates that the market is oversold signaling bear’s exhaustion and suggesting bulls to take control of the market.


Ripple (XRP) Daily Price Forecast: October 9, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Yesterday, October 8, the XRP price was in a bearish trend. The XRP price had been bearish in the last 48 hours. The digital currency is approaching the lower level of price range after breaking it the first time. Presently, the digital currency ranges between the levels of $0.50 and $0.60.

However, if the digital currency continues its downward move it will revisit its previous low of $0.46. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price fell to the low of $0.48 and is making a bullish movement to the range bound zone. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the Relative Strength Index period 14 is level 43 which indicates that the price is in the sideways trend zone.


Ripple (XRP) Daily Price Forecast: October 8, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.50, $0.48, $0.46

Last week the XRP price was in a bearish trend. The digital currency fell from the high of $0.59 to the low of $0.46 after breaking the $50 price level. Currently, the digital currency is trading at $0.48 but ranges between the levels of $0.50 and $0.60. It is appropriate for traders to initiate long trades at the lower level of price range. A stop loss should be placed below the $45 price level. The long trades should be exited before the upper price  level or when price reverses.

This is because the digital currency is likely to face resistance at the $60 price level.
Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Nevertheless, the Relative Strength Index period 14 is level 61 which indicates that price is in the bullish trend zone.


Ripple (XRP) Long-Term Price Forecast: Oct 6, 2018

XRP /USD Price Long-term Trend: Bullish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.50, $0.48, $0.46

The XRPUSD pair was in a bullish trend. The digital currency had an opening balance of $0.33 at the beginning of September 2018. While at the end of the month, the price of the digital currency had appreciated to the high of $0.56. In the other words, the XRP price has increased by 69%.The reason for the price appreciation was that on September 22, the XRP price had a price rally where the bulls took price to the high of $0.56.

However, in the first week of October, the XRP price is in a range bound movement. Nevertheless, the price of XRP is above the 12-day EMA and 26-day EMA which indicates that a bullish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 50 which indicates that price is in a sideways trend zone.


Ripple (XRP) Daily Price Forecast: October 5, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.50, $0.48, $0.46

Yesterday, October 4, the XRP price was in a bullish trend. The XRP price reached the high of $0.54 but was resisted at the upper level of price range. As the digital currency fluctuates between the levels of $0.50 and $0.60; the price has fallen and is approaching  the low of $0.52. However, if price reaches and reverses at the $0.50 price level, a long trade should be initiated and a stop loss below the $0.50 price level. The long trade should be exited at the upper price level.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 40 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ripple (XRP) Daily Price Forecast: October 4, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.55, $0.53, $0.51

Yesterday, October 3, the XRP price was in a bearish trend. In the bearish trend, the digital currency fell to the low of $0.51 and commenced its bullish movement. At this point in time, traders ought to initiate long trades in anticipation of a bullish trend. Remember, the XRP price had been fluctuating between the levels of $0.50 and $0.60. Price is now approaching the upper level of  price range.

The digital currency may face resistance at the $0.60 price level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.


Ripple (XRP) Technical Analysis: October 3, 2018

Technically, XRP is bullish and it will remain so as long as prices are trading inside week ending Sep 23 trending defining bar. As such, yesterday’s 10 percent dump can be interpreted as another opportunity to buy on dips with stops 45 cents. However, while we remain optimistic, should sellers build on Oct 2 losses and drive XRP below 40 cents, then we shall cancel this bullish forecast

Latest Ripple News

Simply put, Ripple is on over drive as far as developments, launches, events and partnerships are concerned. Despite this, it is mind boggling not to see prices tow with existing demand. We can log in all activities since Sagar Sarbhai comments but a stand out is in what he had to say.

It didn’t take months as he had projected. Rather, in less than four weeks, Ripple announced the launch of xRapid opening it to three companies that plan to utilize XRP for the cross-border fund transfer mainly between the US, Europe but predominantly Europe. Of the three companies, Cuallix is the only platform that will leverage their own financial platforms since they were part of the initial pilot program.

Shortly after this announcement, Ripple Labs announced their partnership with Santander and how the $90 billion bank will integrate RippleNet improving service delivery for customers using OnePay X. The application allows users to send and receive money easily. It’s available in four countries including Spain and Brazil but Santander plan to spread their network to other countries.

Overly, these announcements should be supportive of price as it cements Ripple growing influence in the highly competitive global remittance space. The sector has seen investors channeling more than $53 billion since 2014.

XRP Price Analysis

XRP Weekly Chart

XRP Price Analysis

Trading at 50 cents, XRP is down two percent in the last week and it could get worse. Factoring in recent news, this is quite unexpected but then the lower it goes, there is opportunity for XRP buyers to load at a discount. At spot rates, price is barely 5 cents away from the lower limit of the main support line at 45 cents and 10 cents from the break out level at 40 cents.

In any case, our last bullish stance is valid since prices are trading inside Week ending Sep 30 high low which is also trading within the trend defining, bullish engulfing pattern of week ending Sep 23.

As projected in our previous XRP trade plans we recommend buying on dips between the 50 percent and 61.8 percent Fibonacci retracement level drawn from the main bull bar. From this, our ideal loading zone is between 45 cents and 55 cents which mesh well with key Fibonacci reversal levels. Safe stops should be below 45 cents.

XRP Daily Chart

XRP Price Analysis

After yesterday’s dip, there is an opportunity for bulls to load up at current prices. As explained above, buying between 45 cents and 55 cents with stops just below the lower limit of this zone at around 43 cents or there about is ideal. Notice that even if prices were low, it was not accompanied by volume spikes that could have neutralized our last bullish assertion. But nevertheless, any dip below 40 cents cancels this bullish projection.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: October 3, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.53, $0.51, $0.49

Yesterday, October 2, the XRP price was in a bearish trend. The digital currency is now falling and approaching the $0.50 price level. If while in the bearish trend the $0.50 price level is broken the digital currency may find support at $ 0.45. Traders should look out for buy setups if the price falls to the low of $0.45; so as to initiate long trades.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The digital currency fell to the low of $50 and price is consolidating at that level so as to negotiate another direction. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ripple (XRP) Daily Price Forecast: October 2, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.55, $0.53, $0.51

Yesterday, October 1, the XRP price was in a sideways trend. The digital currency has been facing resistance at the $ 0.60 price level. Yesterday, the bulls reached the high of $0.59 and were resisted. The price fell to the low of $0.55 and it pulled back to the high of $0.58. Today, the digital currency is trading at $0.56 as at the time of writing.

Price is in the sideways trend, it is expected to fluctuate until the resistance at $60  is broken. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 52 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The price bars of the digital currency and the moving averages are horizontally flat indicating a sideways trend. The XRP price is neither above nor below the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing.


Ripple (XRP) Daily Price Forecast: October 1, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.57, $0.55, $0.53

Last week the XRP price had a price rally on September 24 where the digital currency reached the high of $0.78 but price pulled back to the low of $ 0.45. The digital currency has not been able to reach the higher levels of price because of the resistance at $ 0.60. Today, the digital currency is trading at $0.59.

It is expected to rise because it has entered the bullish trend zone. However, it may face resistance at the price of $60. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 60 which indicates that the price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The digital currency has fallen to the low of $0.57 and made a bullish movement. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: Sept 29, 2018

XRP/USD Long-term Trend: Ranging

Resistance Levels: $0.53, $0.55, $0.57
Support levels: $0.49, $0.47, $0.45

The XRP price was in a sideways trend in the month of September 2018. The digital currency has an opening balance of $0.33. On September 18, the digital currency made a bullish movement and reached the high of $0.62 but closed at $0.56 price level. The price reached the low of $0.45 and began a range bound movement. The XRP price is currently trading at $0.53 but will face resistance at the price of $60. Today, XRP price has appreciated by 60% in the month of September 2018.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is continuing. Meanwhile, the Relative Strength Index period 14 is level 51 which indicates that the price is in the sideways trend zone.


Ripple (XRP) Daily Price Forecast: September 28, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.52, $0.54, $ 0.56
Support Levels: $0.46, $0.44, $0.42

Yesterday, September 27, the XRP price was in a sideways trend. Yesterday, it was still ranging above the $0.51 price level before it embarked on a bullish trend to the high of $0.54. Today, XRP price is retracing from the high of $0.54. The cryptocurrency is expected to rise but will face resistance at a price of $0.60.

Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 58 which indicates that the price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The digital currency is gradually appreciating again as it makes a bullish movement to the high of $0.52 and ranges at that level. It went up again and ranges at the price of $0.54. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: September 27, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.52, $0.54, $ 0.56
Support Levels: $0.46, $0.44, $0.42

Yesterday, September 26, the XRP price was in a bullish trend. After price correction, the digital currency found support at the $0.45 price level. There was price consolidation at that price level. Then the bulls took control of the market and reached the high of $0.54 but price pullback to the low of $0.53. Today, the price of the digital currency is on a range bound movement at a price of $0.53. Price is expected to be in a range bound movement.

Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 57 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Technical Analysis: September 26, 2018

XRP prices are up 60 percent in the last week and two percent in the last day hinting of strong bull pressure. Because of last week’s 190 percent explosion lifting prices from 25 cents, bulls are definitely in charge. This is further buoyed by Ripple developments. Though it is not yet official, Ripple might end up merging their major product into one wholesome format that promote use of XRP.

Latest Ripple News

If anything, Ripple is literally ramping up developments and appears to be pushing the use of XRP. Recently, they updated their homepage and under the Global payment option, they decided not to list their main payment solutions: xVia, xCurrent and xRapid as it was the case before. Instead, what’s visible are three main choices under the “Ripple Net” tab: Global Payments, On-Demand liquidity and options to join the network.

Even though Ripple talks of these three products in their explainer videos, the community is excited that Ripple are now following through what Jim Chauncey-Kelly said early on Aug 9. In an interview with Now, the Director of Talent Acquisition said the company was hiring a lot of engineering as they fast-tracked a new solution that syncs all their major products into one single format. This way, not only will there be efficiency but user experience—speed, costs– will be improved.

What we do know is that xCurrent has been piloted by several banks and regulators as Saudi Arabia’s SAMA. Like what Ripple represents, xCurrent is a payment process solution with bidirectional messaging for real time transaction confirmation. PNC Bank will make use of this technology. Quoting Sagar Sarbhai, xRapid which utilize XRP is set for launch in less than 60 days.

Should this be a reality, then we expect XRP trade volumes to explode driving prices with it. After all, making use of XRP in the XRP Ledger means a scalable network—can scale upwards of 100,000 off-chain only limited with user hardware wallet and choice of signature algorithm– secp256k1 ECSDA signatures or Ed25519 signatures.

XRP Price Analysis

Weekly XRP Price Charts

XRP Price Analysis

After nine months of accelerated liquidation that saw XRP drop 95 percent from 2017 peaks, XRP is now finding support.

Visible is a humongous bullish engulfing candlestick with strong foundations at 25 cents from where prices shot from. Not only did it signal the end of bears but it ushered in a wave of bullish expectations thanks to an influx of bull volumes eyeing 80 cents and even $1.

From the way candlesticks are set up, it’s only logical for traders to load long whenever proper buy signals print in lower time frames. Safe stops should be at 45 cents, the lower limit of our previous trade range.

Daily XRP Price Charts

XRP Price Analysis

A simple Fibonacci retracement tool between last week’s high low shows that XRP prices are finding support at around the 38.2 percent and 61.8 percent Fibonacci retracement levels. Coincidentally, these levels mesh with our previous resistance zones between 45 cents and 45 cents as highlighted in our last XRP price analysis.

Notice that yesterday’s candlestick did end up higher and though sellers are attempting to damp prices; today’s bar has a long lower wick hinting of rejection of lower lows.

All things constant, we recommend taking long positions at current spot rates with first targets at 80 cents and stops at 45 cents as mentioned earlier.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: September 26, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.52, $0.54, $ 0.56
Support Levels: $0.46, $0.44, $0.42

Yesterday, September 25, the XRP price was in a bearish trend. The downward trend was as a result of price correction of XRP price rally of September 22. The price fell to the low of $0.45 and commenced a range bound movement. The bulls and the bears thought of where price will go.

Today, the price of the digital currency is in a bullish trend after consolidation at the $0.45 price level. The XRP price is likely to fluctuate before price gathers momentum. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 50 which indicates that price is in a sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: September 25, 2018

XRP/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.42, $0.43,  $0.45
  • Support Levels: $0.40, $0.38, $0.36

Yesterday, September 24, the price was in a bearish trend. The bearish trend was price correction of yesterday price rally. The XRP price reaches the high of $78 but price pullback to the low of $ 56. Price has since been on a downward trend. Price is currently on a range movement at a price of $0.45.  If the digital currency depreciates further it will fall into the previous range bound zone of $0.30-$0.36.

Meanwhile,  the XRP price is below the 12-day EMA and the 26-day EMA  which indicates that a bearish course is ongoing.  Also, the MACD line and the signal line are below the zero line which indicates a sell signal.  Nevertheless, the Relative Strength Index period 14 is level 39 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend.  The XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ripple (XRP) Daily Price Forecast: September 24, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.58, $0.60, $ 0.62
Support Levels: $0.50, $0.48, $0.46

Last week the XRP price had been fluctuating at the support zone of the lower level of price range. The XRP price was one of the most depreciated digital currencies which fell to the low of $0.26. It was at the $0.26 price level it fluctuates to the high of $0.33 .Thereafter, XRP price had a bullish price spike which took price to the high of $0.78. Later price pullback to the low of $0.56. Price is likely to fall to the low of $0.36.

Meanwhile, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Nevertheless, the Relative Strength Index period 14 is level 53 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ripple (XRP) Long-Term Price Forecast: Sept 22, 2018

XRP/USD Long-term Trend: Bullish

Resistance Levels: $0.53, $0.55, $0.57
Support levels: $0.49, $0.47, $0.45

The XRP price is currently in a bullish trend as at the time of writing. However, in the last sixteen days, it was one of the worst depreciated cryptocurrency. The XRP price had an opening balance of $0.34 which fell to the low of $0.25. On September 17, the bulls took control of the market. The digital currency reached the high of $0.78 and price pullback. The XRP price faced resistance at $0.70 and it fell to commence a range bound movement. The digital currency is consolidating and fluctuating above the price of $0.50.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is continuing. Meanwhile, the Relative Strength Index period 14 is level 50 which indicates that price is in the sideways trend zone.


Ripple (XRP) Daily Price Forecast: September 21, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.30, $0.32, $ 0.34
Support Levels: $0.26, $0.24, $0.22

Yesterday, September 20, the XRP price was in a bullish trend. The cryptocurrency is now in a smooth uptrend. Price is making a series of higher highs and higher lows. The digital currency is out of the previous range bound zone. Traders should look out for buy setups so as to initiate long trades. The cryptocurrency is expected to reach the high of $0.60.

Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 95 which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price reached the high of $0.49 and then retraced to resume its bullish movement. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: September 20, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.34, $0.36, $ 0.38
Support Levels: $0.30, $0.28, $0.26

Yesterday, September 19, the XRP price was in a bullish trend. The price of the cryptocurrency is trying to stabilize above the $0.30 price level. The digital currency is still in the previous range bound zone of $0.36-$0.30. There will be no need for trade recommendation as price is in the range bound zone.

It is necessary to initiate trades if price tests the upper and lower level of price range. Price is expected to fluctuate within the range bound zone.Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 66 which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: September 19, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.30, $0.32, $ 0.34
Support Levels: $0.26, $0.24, $0.22

Yesterday, September 18, the XRP price was in a bullish trend. Yesterday, the XRP had made a surprise bullish movement from the low of $0.26. If traders had initiated long trades as price fell to its previous low of $0.26, they would have made partial profits. The cryptocurrency is now out of the support zone of $0.26- $0.28.

The digital currency is now in the previous range bound zone of $0.36-$0.30. Price is expected to rise. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 78 which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Technical Analysis: September 18, 2018

Quite unexpectedly and without a major announcement either from the SEC, CoinBase or Ripple, XRP prices are up 20 percent fading the general trend. The result is that notable expansion of trade volumes and a spike above 30 cents triggering previous buys and hitting stops. Though XRP is technically bearish due to the effect of week ending Aug 12 break out candlestick, any surge past 40 cents to 45 cents resistance might be the fuel needed for further gains.

Latest Ripple News

Obviously, the determination by the SEC on whether XRP, the native coin of the Ripple ecosystem, is an “investment contract” that abides by Howey Test stipulations is a cause of worry for investors and community as a whole. That is why, recent on-chain developments and inevitable upgrade of the XRP Ledger Network to version 1.1.0 is something of an excitement. It’s easy to see why: These developments provide a road map towards more transparency, network security and complete decentralization neutralizing impacts of third parties on price.

Among the implementation is the introduction of DepositPreAuth Amendment that when coupled with DepositAuth Amendment can aid the user in whitelisting addresses and even pre-authorize incoming transactions. These on-chain improvements which the team is urging nodes to adopt before the end of the month would enhance safety and in the process spurring wholesome, global adoption.

This and more of Ripple goals were further elaborated by Sagar Sarbhai, the head of Regulator Relations at Ripple for Asia Pacific and Middle East. Aside from hinting that xRapid—a payment processing solution that has been piloted by different remittance providers as Western Union, would officially launch in the next month or so, he also said the company has been actively engaging the SEC explaining to them the different user case of XRP. This is in their bid to demonstrate that XRP is not a security and that there is no one entity, a third party that could influence the price of XRP at the expense of investors.

XRP Price Prediction

Weekly XRP Price Charts
XRP Price Analysis
Weekly XRP Price Charts by Trading View

Once again, the main support line at 25 cents did support XRP prices. The result has been the emergence of sellers and a double spike of price and market participation. While week ending Sep 9 bear candlestick continues to seal bullish attempts as the chart shows, XRP bulls need more than yesterday’s gains for trend reversal validation.

From previous analysis we reiterated that for XRP buyers to emerge on top then there should be strong closes above 45 cents on the lower side and 55 cents on the upside before conservative traders can enter the market and buy on dips. This would be a break off the two-month consolidation and reversal of week ending Aug 12 losses. Before then, we should take this revival with a grain of salt.

Daily XRP Price Charts
XRP Price Analysis
Daily XRP Price Charts by Trading View

Two things are clear in the daily chart. First, the remarked increase in market participation levels, that is, volume. Secondly, the reversal from 25 cents right off the bottoms printing a bullish engulfing pattern as a result.

From the chart, not only did this 20 percent spike reverse Sep 17 losses but prices did close above 30 cents activating stops and activating short term bulls with targets at 40 cents—the main resistance trend line. Factoring it these rapid gains, we recommend short term buys on dips with targets at 40 cents.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: September 18, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.30, $0.32, $ 0.34
Support Levels: $0.26, $0.24, $0.22

Yesterday, September 17, the XRP price was in a bearish trend. The digital currency was previously in a bullish trend that initially overcame the resistance at $0.27. Yesterday, XRP price encounter another bearish trend that took price to the low of $0.26. The digital currency is making a bullish movement after testing the previous low of $0.26.

Since on September 10, the digital currency had been range bound between the levels of $0.28 and $0.26. Therefore traders should initiate long trades at the lower level of price and exit near the upper level of price which is $0.28 price level. For long trades, stop-loss orders should be below the price of $0.26 while for short trades stop-loss orders should be above the price of $0.28.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. However, the Relative Strength Index period 14 is level 46 which indicates that price is in a sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: September 17, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.22, $0.20, $0.18

Last week the XRP price had been in a sideways trend. Price had been fluctuating between the levels of $0.28 and $ 0.26.The cryptocurrency was facing resistance at the price of $0.27. The selling pressure overpowered the progressing bulls from advancing. Today, it is assumed that the $0.27 price level is assumed to have been broken.

Price is expected to rise to the high of $0.30.Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 55 which indicates that price is in a sideways trend.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: Sept 15, 2018

XRP/USD Long-term Trend: Bearish

Resistance Levels: $0.34, $0.36, $0.38
Support levels: $0.26, $0.24, $0.22

The XRP price had been in a bearish trend since the beginning of September 2018. The cryptocurrency was in a downward trend for eleven days when it had a price spike which led price to the low of $0.25.With the fallen price, the digital currency was out of its range-bound zone of $0.36 and $0.30. Later, the digital currency became bullish in the subsequent days of the fifteen days.

The price of the digital currency is approaching the price of $0.27 as at the time of writing. However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is continuing. Meanwhile, Relative Strength index period 14 is level 38 which indicates that the market is oversold suggesting bulls to take control of the market.


Ripple (XRP) Daily Price Forecast: September 14, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.22, $0.20, $0.18

Yesterday, September 13, the XRP price was in a bullish trend. The bulls were resisted at the price of $0.27. The price of the digital currency was now fluctuating below the $0.27 price level. The selling pressure at the price of $0.27 has overpowered the bulls from progressing. If the bulls fail to break through the cryptocurrency will be compelled to fall again to the support zone.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 56 which indicates that price is in a sideways trend.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The MACD lines are bullish. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: September 13, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.22, $0.20, $0.18

Yesterday, September 12, the XRP price was in a bearish trend. The XRP price fell to the low of $0.25 as against the $0.24 that was earlier suggested. Also, earlier suggestions in my previous analysis was that in a trending or ranging market we ought to buy low and sell high. We should have initiated a long trade as the digital currency fell to the low of $0.25 which could have resulted in partial profits.

Meanwhile, the XRP price is likely to move in a range bound movement as the digital currency faces resistance at $0.27 price level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 55 which indicates that price is in a sideways trend.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The MACD lines are bullish. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Technical Analysis: September 12, 2018

Adoption is the foundation of any successful product and that is what Ripple the company has been eyeballing in the last eight months. And they have been largely successful. Different by different objectives, the RTXP protocol was designed with financial institutions and remittance service in mind and the more they join the network, the more valuable XRP becomes.

News Highlights

There are two undeniable facts that should hint of lagging XRP:

First, the admission that Ripple the company has been successful in their pitch. Within eight months, we have seen high profile partnerships as banks agree to test several of Ripple products as xVia, xRapid—a liquidity provider and xCurrent—the payment solution processor. Some of these high profile banks include Kuwait Finance House. In fact, the rate at which companies are testing Ripple products has got the eyes of RBC Capital Market, a wing of the Royal Bank of Canada, who in their report said companies incorporating Ripple as a solution could reap big from improved transparency, remittance settlement speed, costs and most importantly on efficiency. This bodes well with Brad Garlinghouse, the CEO of Ripple-who in Q2 predicted that XRP and Ripple solutions would become a stead by the end of the year. If that is surely the case, then we expect prices to recovery as the year comes to a close.

Secondly, Ripple’s on chain developments and their determination to decentralize could turn things around. Though they still hold a ton of XRP, the decentralization tag would be purged once and for all saving the company figure heads going on a defensive at pressers. Then again, news that Ripple Labs and R3 Consortium off-courts settlement might after all be a pointer of things to come on how they handle court matters.

XRP Technical Analysis

Weekly Chart
XRP Technical Analysis
XRP Weekly Chart by Trading View

The thing is, XRP sellers are in charge and the 22 percent week over week drop reflects this position. As visible from the chart, not only are prices on a decline but last week’s losses did confirm week ending Aug 12 break below 40 cents, triggering sells in the process. If anything, recent losses are but a follow through of the dominant bear break out pattern through which price action is revolving around. Unless otherwise there is a firm break and recovery of last week’s losses which would see XRP printing above 35 cents and even 40 cents buy the end of the week, we recommend taking shorts on every high in lower time frames with targets at 15 cents.

Daily Chart

XRP Technical Analysis
XRP Daily Chart by Trading View

So far so good for sellers but from a risk reward point of view, we suggest taking a neutral stand. Note that bears are trading around our minor support line at 25 cents which also marks Aug 2018 lows. For trend resumption then we need to see confirmation of yesterday’s sellers and it would be preferable if a whole candlestick closes below 25 cents. That shall cement and even confirm sell momentum giving a pass for traders to short on every pull back retesting 25 cents in lower time frames with targets remaining unchanged.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: September 12, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.22, $0.20, $0.18

Yesterday, September 11, the XRP price was in a bearish trend. Since after the bearish breakout the cryptocurrency had been fluctuating between the levels of $0.28 and $0.25. Today, the price of the cryptocurrency is falling as price approaches the previous low at $0.24. If the price falls to the low of $0.24, traders should look out for buy setups to initiate long trades.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 33 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below 12-day EMA and the 26-day EMA which indicates that price is falling . Also, the MACD line and the signal line are below the zero line which indicates a sell signal. If the price falls to the low of $0.24 the support levels would be breached.


Ripple (XRP) Daily Price Forecast: September 11, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.26, $0.24, $0.22

Yesterday, September 10, the XRP price was in a bearish trend. The cryptocurrency fell to the low of $0.25 and pullback to the high of $0.27. On September 5, the XRP price had been at the oversold region of the market. The price had been fluctuating between the levels of $0.25 and $0.28. The XRP price is likely to fluctuate between the levels of $0.28 and $0.25 pending the outcome of a breakout.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The digital currency made a bullish movement from the low of $0.26 to $0.27 and the price is falling again. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: September 10, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.28, $0.26, $0.24

Last week the XRP price was in a bearish trend. The cryptocurrency was previously range bound between the levels of $0.36 and $0.30 and the bearish trend broke the lower level of the price range. The digital currency fell to the low of $0.28 and commenced a range bound movement.

However, after the range bound movement it fell again to the low of $0.27. Nevertheless, today the cryptocurrency is likely to rise along with other cryptocurrencies. However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The cryptocurrency is fluctuating between the levels of $ 0.28 and $0.27 The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: Sept 8, 2018

XRP/USD Long-term Trend: Bearish

Resistance Levels: $0.34, $0.36, $0.38
Support levels: $0.28, $0.26, $0.24

The XRP price was in a sideways trend from the beginning of September 2018 with an opening balance of $0.33.The cryptocurrency was in a downward trend when it had a price spike which led price to the low of $0.28. The bearish breakout had broken the lower level of price range which was $0.30.

Price is likely to fall because the next support level was a critical level. However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is continuing. Meanwhile, Relative Strength index period 14 is level 35 which indicates that the market is oversold suggesting bulls to take control of the market.


Ripple (XRP) Daily Price Forecast: September 7, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.28, $0.26, $0.24

Yesterday, September 6, XRP price was in a bearish trend. The cryptocurrency fell to its low at $0.26 and commenced a bullish movement. If the level is not holding, the XRP price will fall to its previous low at $0.24. If the level is holding, we should initiate long trades because we ought to have bought at the oversold market conditions.

Your stop loss should be below the $0.24 price level. As soon as the trades reach profitable positions, you should bring the stop-loss order to breakeven point. However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 40 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The cryptocurrency is making a bullish movement to the high of $0.30. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: September 6, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.35, $0.37, $ 0.39
Support Levels: $0.28, $0.26, $0.24

Yesterday, September 5, XRP price had been in a sideways trend for some time. The cryptocurrency had been range bound between the levels of $0.36 and $0.30 before the advent of the bearish breakout. The bearish pressure had broken the lower level of a price range which is the $0.30 which might result in the price falling to the low of $0.24.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 19 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: September 5, 2018

Even if XRP prices are slowing down and trading near record bear levels, Ripple the company is setting a launching pad that might end up propelling prices. There would be more reasons for investment more so if the SEC endorses XRP as a utility. Regardless, candlestick formations in lower time frames point to a bearish market meaning swing traders can continue unloading with targets at 15 cents as before.

News Highlights

At the end of the day, Robert Metcalfe’s Network Effect will come to play. It doesn’t matter how flawed, perfect or complex the business model is riding on and for companies geared towards profit making, mass adoption is but the only key word that guarantees profitability.

All things constant, Ripple has been outperforming in that space. Statistics indicate that at the rate at which XRP is being availed at crypto exchanges, its liquidity is up an amazing 300 percent from the same time last year. And it is not something that should be surprising for enthusiasts.

Almost all exchanges aside from CoinBase are availing the third most liquid cryptocurrency XRP for their customers. Some exchanges and funds as Arrington Capital are making XRP base citing things like efficiency, speed and cheapness.

Though the CEO of Ripple is skeptical and thinks mass adoption of XRP and other cryptocurrencies won’t happen anytime soon, the company is trying hard to build a working ecosystem around xRapid, which is one of Ripple’s core product that make use of XRP as its on demand liquidity tool.

Additionally, the company is supporting several start-ups as Coil for example through their incubation and funding initiative, Xpring. Most of these companies shall end up using XRP for cross border transactions and for internal settlement. Ultimately, the end game here will result in further exposure of XRP as a utility and an inevitable increment in value.

XRP Technical Analysis

Weekly Chart
XRP Technical Analysis
XRP Weekly Chart by Trading View

In eight months, prices of XRP slid almost 95 percent and though we retain a bearish outlook, prices seem to be stabilizing. For the better part of August for example, safe the first week which still caps price movements, XRP was moving inside a range.

From the chart, we can easily see that 40 cents is an important resistance level and a former break out level which triggered the recent degradation. Therefore, unless there is a spike and an almost immediate reversal of these losses, sellers should be in charge and would probably drive prices towards our penultimate bear targets at 15 cents.

Daily Chart
XRP Technical Analysis
XRP Daily Chart by Trading View

As mentioned above, 40 cents did anchor our analysis and in this time frame, Aug 17 highs almost took down 40 cents. Like in the weekly chart, XRP prices are yielding to pressure after failed bullish attempts following that classic effort versus result scenario in the last three weeks.

As visible from the chart, the capitulation of price has lead to a break below the bull flag after today’s 10 percent dip. Because of this, we recommend selling on pull backs with targets at 15 cents in lower time frames.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: September 5, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.40, $0.35, $ 0.30
Support Levels: $0.30, $0.25, $0.20

Yesterday, September 4, XRP price was in a sideways trend. The cryptocurrency was in a downward trend yesterday though the price movement was insignificant. There were indications that price will fall to its previous low of $0.24 if the bearish pressure continued. On the other hand, if the lower level of the price range is not broken, traders can initiate long trades. Then a stop loss below the lower level of price range which is $0.30.

Traders should have made partial profits by the time the cryptocurrency rises to the upper level of price range which is $0.36. However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 41 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: September 4, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.40, $0.35, $ 0.30
Support Levels: $0.30, $0.25, $0.20

Yesterday, September 3, XRP price was in a sideways trend. The cryptocurrency is still range bound between the levels of $0.36 and $0.30. There had been no significant price movement as the price was stagnant. The price of XRP was trading at $0.33 for the past three days. Today, the price of the cryptocurrency is likely to continue its range bound movement.

However, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 45 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: September 3, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.40, $0.35, $ 0.30
Support Levels: $0.30, $0.25, $0.20

Last week the XRP price was in a sideways trend. The cryptocurrency was fluctuating between the levels of $0.36 and $0.30. The range-bound levels were not broken but the price was resisted on August 28, and September 1, at a price of $0.35. The cryptocurrency fell to its previous low resumed its range bound movement at a price of $0.33.

Today, the cryptocurrency is falling because of lack buying interest at the upper level of price range. However, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 44 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: Sept 1, 2018

XRP Price Long-term Trend: Bearish

Supply levels: $0.38, $0.40, $ 0.42
Demand levels: $0.32, $0.30, $0.28

On August 1, the XRP price has an opening balance of $0.43 in the bearish trend. The cryptocurrency fell to the low of $0.24 on August 14 but price closed at $0.26 . The cryptocurrency depreciated by 39.53% in the month of August. As price fell to the low and closed at $0.26, the XRP price fluctuates between the levels of $0.30 and $0.36. If price breaks the upper level of the price range which is $0.36, the XRP price will rise to the high of $0.45. But if price breaks the lower level of price, the XRP price will fall to the low of $0.24.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. Similarly, the price of XRP is below the 12-day EMA and 26-day EMA which indicates that a bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 40 which indicates that price is in the sideways trend zone.


Ripple (XRP) Daily Price Forecast: August 31, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.40, $0.41, $ 0.42
Support Levels: $0.33, $0.34, $0.36

Yesterday, August 30th, the XRP price was in a sideways trend. The cryptocurrency was resisted at the upper level of price range and it fell back to the range bound zone. The price fell to the low of $0.32 and resumed its range bound movement. Today, the XRP price is making a bullish movement approaching the price at $0.33. The XRP price will continue its range bound movement for some days to come.

Meanwhile, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the Relative Strength Index period 14 is level 4 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 30, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.40, $0.35, $ 0.30
Support Levels: $0.30, $0.25 $0.20

Yesterday, August 29th, the XRP price was in a bullish trend. The cryptocurrency was expected to have risen by reaching the highs of $0.46 and $0.51. First, the bulls have to overcome the hurdle at $0.36 price level. On August 28, the bulls reached the high of $0.35 and were resisted by the bears. On August 29, the cryptocurrency reached the high of $0.35 but fell to the low of $0.33. Today, the XRP price is in a sideways trend.

The cryptocurrency has fallen back to its range bound movement. However, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 53 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: August 29, 2018

Though there is optimism now that the testing of xRapid has been complete and Ripple the company is on track executing their decentralization strategy, there is a clear divergence between XRP prices and on chain or coin specific developments.

Investors in general expects this news to slowly filter in and boost prices in the medium term but on the charts, that is only possible once there are high volume thrust and close above 40 cents, our previous support line now resistance.

News Highlights

Whether XRP is a security or not is up-to the SEC to decide, David Schwartz the Chief Technology Officer at Ripple said in yesterday’s AMA session organized by The Next Web (TNW). While the topic has been contentious and to some extent emotional considering the amount of money investment in the flagship blockchain project, David was clear elaborating that XRP and Ripple are two independent entities and owning XRP doesn’t confer ownership of Ripple shares. Additionally, neither does Ripple Labs, the creators of XRP and Ripple control the price of XRP. Apparently, this is clear if we bring into the picture their decentralization strategy which has so far seen their validator node control reduce to 10.

Besides, he acknowledged that he owns some Bitcoins and that Bitcoin by itself is a technological breakthrough despite claims by some outlets that Brad Garlinghouse maintains that the market leader is a scam. However, he admits that proof of work is expensive, doesn’t respond well to 51 percent attack and is yet to deliver its initial promise of decentralization. This is so because miners control the network and as an incentive based system, sometimes their interests are not aligned to those of the general network users.

Technical Analysis

Weekly Chart
XRP Technical Analysis
XRP Weekly Chart by Trading View

Technically, prices are on a down trend and it will take a lot of effort from buyers to change this stand at-least in the short to medium term assuming prices continue to stagnate as they have been in the last week or so.

Notice that while there has been encouraging rejection of lower lows in the last couple of weeks, bulls are yet to retest the break out level at 40 cents and our bear break out candlestick of week ending Aug 12 continues to confine current prices.

If anything, our last XRP trade plan is still valid and for a shift in momentum we need to see higher highs closing above 40 cents as mentioned in our last XRP analysis. On the reverse side, any rejection of higher highs which would see sellers driving prices below last week’s lows of 25 cents would probably usher the next wave of depreciation with first targets at 15 cents.

Daily Chart
XRP Technical Analysis
XRP Daily Chart by Trading View

In this time frame, XRP prices are down one percent in the last day and buyers are yet to follow through and confirm Aug 17 bullish engulfing and Morning Star pattern.

As such, our trade plan is still constant and what we need is a break out in either direction. If prices edge past 35 cents then we might see highs retesting our main resistance and former sell trigger line at 40 cents.

On the flip side, any collapse that breaches last week’s lows at 25 cents would most likely ignite the next wave of sellers aiming for 15 cents as laid out in previous XRP trade plans. Regardless, we recommend taking longs in line with the general recovery in prices with stops at 30 cents though risk on and conservative traders can wait for a break out above 35 cents before opening longs.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: August 29, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.40, $0.45, $ 0.50
Support Levels: $0.30, $0.25 $0.20

Yesterday, August 28th, the XRP price was in a bullish trend. The XRP price was approaching the $0.36 price level. It was assumed that if price broke the $0.36 price level, the XRP price would reach the highs of $0.46 and $0.51 . Today, XRP price was resisted at a price of $0.35 and it fell to the low of $0.34. The consequence is that the cryptocurrency will continue its range bound movement between the levels of $0.30 and $0.36.

In a nutshell, if the XRP price breaks the upper level of the range bound zone, it will reach the high of $0.45. On the other, if it breaks the lower level of the range bound zone, it will find support at $0.25.However, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 67 which indicates that price is in the bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Daily Price Forecast: August 28, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.38, $0.40, $ 0.42
Support Levels: $0.34, $0.32, $0.30

Yesterday, August 27th, the XRP price was in a sideways trend. In the sideways trend, prices were moving at a horizontal pattern. There was no significant price movement as the market was quiet. Today, the XRP price is in a bullish trend. Price is approaching the upper level of the range bound zone which is the $0.36 price level. If price breaks the upper level of the range bound zone, the cryptocurrency will reach the highs of $0.46 and $0.51.

On the other hand, if price fails to break the upper level of the range bound zone, the XRP price will fall and continue its range bound movement. In that case, traders should exit their long positions and enter short trades.Nevertheless, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the Relative Strength Index period 14 is level 67 which indicates that price is in the bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 27, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.35, $0.37, $ 0.39
Support Levels: $0.30, $0.28, $0.26

Last week the XRP price was also in a sideways trend. The cryptocurrency fluctuates between the resistance level at $0.36 and the support level at $0.30. On August 22nd, the bulls took price to the high of $0.35, but the bears' pullback price immediately to the low of $0.31. The cryptocurrency had been range bound at that level up to date. Today, the XRP price is still the same compared to last week price action.

There is no significant price movement as the market is quiet. The prices are moving in a horizontal pattern. Nevertheless, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. Also, the MACD line and the signal line are at par the zero line which indicates a neutral signal. Nevertheless, the Relative Strength Index period 14 is level 47 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.


Ripple (XRP) Long-Term Price Forecast: August 25, 2018

XRP/USD Long-term Trend: Ranging

Supply Zone: $0.36, $0.38, $0.40
Demand Zone: $0.34. $0.32, $0.30

The XRP price had been oversold earlier on and the cryptocurrency is now in a sideways trend. The XRP price now fluctuates between the levels of $0.36 and $0.30. On August 14, the XRP price fell to the low of $0.26 which created the lower level of the range bound zone. Also, on August 18, the cryptocurrency reached the high of $0.36 to form the upper level of the range bound zone. The cryptocurrency is now approaching the price at $0.32.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal for the XRP price. In addition, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 39 which indicates that the market is oversold suggesting bulls to take control of price.


Ripple (XRP) Daily Price Forecast: August 24, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.35, $0.36, $ 0.37
Support Levels: $0.30, $0.29, $0.28

Yesterday, August 23, the XRP price was in a sideways trend. Yesterday, XRP price fell to its low at $0.31 and the cryptocurrency closed at the same price of $0.31. Today, the market is still in a sideways trend and there is no significant price movement. The XRP price is currently trading at a price of $0.32 as at the time of writing.

In the main time, the XRP price will fluctuate between the levels of $0.36 and $0.30 in the days to come. Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are at par the zero line which indicates a neutral signal. Nevertheless, the Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 23, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.35, $0.36, $ 0.37
Support Levels: $0.33, $0.32, $0.31

Yesterday, August 22, the XRP price was in a sideways trend. The XRP price now fluctuates between the levels of $36 and $30. Yesterday, it was suggested that if price reached the high of $ 0.36, it might face resistance which would cause it to fall. Yesterday, the cryptocurrency reached the high of $0.35 but price pullback to the low of $0.31.

Today, the XRP price is now in a range bound movement. Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the Relative Strength Index period 14 is level 47 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. In the sideways trend, the XRP price is falling because it is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 22, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.35, $0.36, $ 0.37
Support Levels: $0.33, $0.32, $0.31

Yesterday, August 21, the XRP price was in a sideways trend. Yesterday, the price fell to the low of $0.31 and later made a bullish movement to the high of $ 0.33. Today, the cryptocurrency is in a bullish trend and currently approaching the price of $0.34. As price approaches the $0.36 price level it may face resistance. If the bulls overcomes the hurdle at $0.36, it is likely to reach the high of $0.41.

However, if the bulls fails to break the $0.36 price level it will fall to the low of $0.31. Nevertheless, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the Relative Strength Index period 14 is level 58 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is rising as the price is now above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 21, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.32, $0.33 $ 0.34
Support Levels: $0.30, $0.29, $0.28

Yesterday, August 20, the XRP price was in a bullish trend. Yesterday, the price reached the high of $0.34. Today, the bears took price to the low of $0.31 but the downward trend is continuing. There are indications that the cryptocurrency may revisit the previous low of $0.25.

Traders should look out for buy setups if the asset falls to the previous low.
Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the Relative Strength Index period 14 is level 45 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price has fallen to the low $0.31 and price had begun a consolidation at that level. This may probably forestall further price decline. The price is below the 12-day EMA and the 26-day EMA which indicates that the price of the digital currency is falling.


Ripple (XRP) Daily Price Forecast: August 20, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.35, $0.36 $ 0.37
Support Levels: $0.31, $0.30, $0.29

Last week the XRP price was in a bullish trend. The XRP price was at a price of $0.29 when the bullish trend began. The price rose to the high of $0.37 on August 18 and fell to the low of $0.31. Price went up again to the high of $0.34. Today, XRP price is likely to rise because it is out of its previous range bound zone.

Nevertheless, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the Relative Strength Index period 14 is level 60 which indicates that price is in the bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The price is above the 12-day EMA and the 26-day EMA which indicates that the price of the digital currency is rising. The MACD line and the signal line are above the zero line which indicates a buy signal.


Ripple (XRP) Long-Term Price Forecast: August 18, 2018

XRP/USD Long-term Trend: Bearish

Supply Zone: $0.36, $0.37, $0.38
Demand Zone: $0.34. $0.33, $0.32

The XRP price was also in a bearish trend in the month of August 2018. The cryptocurrency had an opening balance of $0.43 at the beginning of  August. The bears took price to the low of $0.26 which is about 39.53% price decrease  in the month of August. The cryptocurrency is now in a bullish trend currently trading at $0.35 as at the time of my writing

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal for the XRP price. In addition, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is likely to continue. Meanwhile, the Relative Strength Index period 14 is level 40 which indicates that the XRP price is in a sideways trend zone.


Ripple (XRP) Daily Price Forecast: August 17, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.28, $0.29 $ 0.30
Support Levels: $0.23, $0.22, $0.21

Yesterday, August 16th, XRP price was in a bullish trend. The XRP price reached the high of $0.29. Today, the bullish trend is continuing and the price is approaching the high of $0.30. The price of the cryptocurrency is not likely to break the resistance level at $0.30. Rather, the price will still fluctuate between the levels of $0.30 and $0.25 in the interim.

Nevertheless, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Nevertheless, the Relative Strength Index period 14 is level 55 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a sideways trend. The price is above the 12-day EMA and the 26-day EMA which indicates that the price of the digital currency is rising. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: August 16, 2018

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.28, $0.29 $ 0.30
Support Levels: $0.23, $0.22, $0.21

Yesterday, August 15th, XRP price was in a bullish trend. Price had earlier fallen to the low of $0.25 but the bulls took price to the high of $0.30. Today, the XRP price is falling from the previous high of $0.30. However, since August 11, the XRP price has been fluctuating between the levels of $0.30 and $0.25.

The XRP price is likely to fluctuate until when price breaks those levels. Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Nevertheless, the Relative Strength Index period 14 is level 43 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. In the lower time frame, the XRP price is now in a bullish trend from its sideways trend. Trading is not necessary because of the choppy price action.


Ripple (XRP) Technical Analysis: August 15, 2018

Despite findings that Ripple is actually decentralizing in the process controlling a mere 48 percent of nodes at their UNL, XRP prices are dismissive to say the least. A few days after breaking below 40 cents, prices are 10 cents away from our main support line and bear targets at 15 cents. That’s a 60 percent dip from 40 cents and a precursor for bears who might drive prices towards 2 cents reversing 2017 bull gains.

News Highlights

As It stands out, Cory Johnson says, that Ripple happens to own a lot of XRP. But besides owning Ripple Labs issued coins, Ripple owns chairs, computers and cash as a SOFTWARE COMPANY. Ripple is not XRP and XRP is not Ripple he insists. Well, that could be true but that divorce took the crypto space by storm after lawsuits began piling up.

So far, there are three class action law suits and one by a banking consortium R3. The plaintiff in this case feel that Ripple had been marketing XRP as an unregistered security in a bid to drive demand accruing profits for themselves as a result. They want compensation for the loss of their investment and that’s their stand. On the other hand, Ripple has the former SEC chairman leading their defense and have disassociated themselves with XRP admitting that while they own more of the coin, XRP is a utility whose price cannot be influenced by a single entity as claimed.

Talking of influence and Ripple now owns 48 percent of the nodes at their unique node list (UNL). Of course this is good news for coin holders especially and it means before effecting any change, Ripple has to consult other third party nodes that control 11 out of the 21 nodes at the network.

Technical Analysis

Weekly Chart
XRP Technical Analysis
Click here to see the full XRP Weekly Chart by Trading View

At this time frame we can clearly see the depreciation of this coin. XRP is down in the excess of 40 percent in the last week alone and after breaking below key support line at 40 cents and 35 cents within days, bear momentum is without a doubt strong.

Now, as recommended earlier, the best approach to tap this momentum is to sell on every high in lower time frame and that’s exactly what we recommend. However, our main bear target at 15 cents is but 10 cents away from spot price and it doesn’t make sense from a risk-reward point of view to sell now.

Instead, if there is a follow through and breach below 15 cents then we can lock in some profits and aim for 2 cents, the base of last year’s bull run.

Daily Chart
XRP Technical Analysis
Click here to see the full XRP Daily Chart by Trading View

While sellers have been center stage in the last two weeks following that break below 40 cents and the confirmation of June 18 bear break out pattern, it’s likely that sellers might slow down today. And for a simple reason: there is a long lower wick after close of yesterday and this might form a foundation for an extended support for the coin.

But, for bull pressure confirmation there should be enough momentum to clear 35 cents and reverse the last five-day losses at the back of high volume. In the mean time though, our XRP trade plan remains the same and targets at 15 cents is reasonable.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: August 15, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.28, $0.29 $ 0.30
Support Levels: $0.23, $0.22, $0.21

Yesterday, August 14th, XRP price was in a sideways trend. In the bearish trend, the price fell to the low of $0.26 and commenced a ranged bound movement. It was assumed that price would reach the low of $0.20. However, today price has made a bullish movement to the high of $0.28.

However, if the bulls face resistance at the $0.30 price level, the cryptocurrency may likely fall below the previous low. Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Nevertheless, the Relative Strength Index period 14 is level 47 which indicates that price is in the sideways trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. XRP price was in a range bound movement at a price of $0.25 before its bullish movement to the high of $0.28. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 14, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.28, $0.29, $ 0.30
Support Levels: $0.23, $0.22, $0.21

Yesterday, August 13th, XRP price was in a sideways trend. Price has already fallen to the low of $0.28 but it fell again to $0.27. Today, XRP price is still in a downward trend. The cryptocurrency is likely to fall to the next support level at $0.20. We will recommend long trades at the end of the bearish pressure.

Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Nevertheless, the Relative Strength Index period 14 is level 20 which indicates that the market is oversold suggesting bulls to take control of price.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The XRP price fell to the low of $0.25 and price retraced to the high of $0.26. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing.


Ripple (XRP) Daily Price Forecast: August 13, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.35, $0.36, $ 0.37
Support Levels: $0.30, $0.29, $0.28

Last week the XRP price was in a bearish trend. The price nosedived from the high $0.43 to the low of $0.28. And the price made a bullish movement to the high of $0.30 and later commenced a sideways movement. The market is still in a sideways trend. Traders should look out for buy setups to initiate long trades in an anticipation of a bullish trend.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is continuing. Nevertheless, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Long-Term Price Forecast: August 11, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.30, $0.31, $0.32
Support levels: $0.28, $0.27, $0.26

The XRP price was in a bearish trend from the beginning of August 2018 with an opening balance of $0.43. However, the cryptocurrency had been range bound between the levels of $0.51 and $0.43. In the last bearish breakout, the support level at $0.43 was broken and the price fell to the low of $0.41. The XRP price further depreciated to the low of $0.30.

There are indications that the cryptocurrency will depreciate to the low of $0.20.
However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is continuing. Meanwhile, Relative Strength index period 14 is level 37 which indicates that the market is oversold suggesting bulls to take control of the market.


Ripple (XRP) Daily Price Forecast: August 10, 2018

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.35, $0.36, $0.37
Support Levels: $0.30, $0.29, $0.28

Yesterday, August 9th, the XRP price was in a sideways trend. The Cryptocurrency had fallen from the high of $0.43 to the low $0.32 to resume its range bound movement. The XRP price is fluctuating horizontally between the levels of $0.32 and $0.33. Trades will be recommended when the price gets out of the range-bound levels.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is continuing. Nevertheless, the Relative Strength Index period 14 is level 30 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Daily Price Forecast: August 9, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.35, $0.36, $ 0.37
Support Levels: $0.30, $0.29, $0.28

Yesterday, August 8th, the XRP price was in a bearish trend. First of all, the XRP price broke out of the range-bound zone and it fell to the low of $0.40. Later it encountered another bearish trend that brought price to the low of $0.32. The XRP price at $0.32 is the lowest since the beginning of this year. Today, XRP price has commenced a bullish movement.

However, from the daily chart, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is continuing. Nevertheless, the Relative Strength Index period 14 is level 30 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is raising. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.


Ripple (XRP) Technical Analysis: August 8, 2018

Whether Bitcoin and other altcoins are finding support or not, we still hold a bearish inclination as far as XRP prices are concerned. It’s all because of simple reasons. First, there is a close below 45 cents and 2018 lows and secondly, Bitcoin (BTC)-which anchors most coins is also struggling to stay afloat. Both of these forms a basis for our price projection in the short term where XRP sellers are eyeing 30 cents and later 15 cents in line with our previous trade plans.

News Highlights

  • It’s no doubt that XRP is under immense sell pressure. The bad thing is that there are influencer XRP whales keen on unloading the coin and exacerbating the already worse situation. Top of that list is an XRP account holder known to have almost 1.08 billion XRPs. According to unverified sources, the owner has been dumping XRP on every price appreciation since the beginning of the year. With 340 million XRP remaining as early as March this year, the owner sold 100 million more in April and further liquidated 10 million more yesterday. Perhaps that’s why we saw a four percent drop of XRP prices yesterday!
  • According to TechCrunch Founder and owner of Arrington XRP Capital, a hedge fund dominated by XRP- Mike Arrington, XRP is fantastic, cheap and convenient. While this are some properties that define XRP since inception, the cost saving aspect when companies or funds make use of XRP is incomparable. For example, when Mike said his fund moved $50 million with that transaction settling almost instantaneously and paid 30 cents for that transaction.
  • You can now register at Bitcoin Superstore and pay for merchandise or services using XRP from leading online retailers as Amazon or eBay. Besides checking out and settling in XRP, you can also buy gift cards from online shops as Nike for example straight from Bitcoin Superstore.

Technical Analysis

Weekly Chart
XRP Technical Analysis
Click here to see the full XRP Weekly Chart by Trading View

At current prices, XRP is down more than 85 percent from its ATHs and if sellers keep up then we might see further degradation.

We can begin by checking out our trade plan and note that we had marked out our support zone between 40 cents and 45 cents.

Secondly, we had also noticed that XRP prices were largely in consolidation with limits at 55 cents on the upside and 45 cents on the downside.

This defined our trading for over 30 days until after last week when for the first time this year, we had a whole bear candlestick closing below 45 cents and partly confirming our sell assertions.

We can easily see this position even when we look at metrics. XRP is down 20 percent week over week and that is low considering that XRP has been in ranging for the better part of July. So, because of this, we are net bearish and recommending shorts on every pull back.

Daily Chart
XRP Technical Analysis
Click here to see the full XRP Daily Chart by Trading View

Despite BTC gains in the last 12 hours or so, we still retain a bearish stand and expect sellers to confirm Aug 6 lows.

Aug 6 bear candlestick defines our short term price action and with caps at 45 cents, any XRP gains towards former support now resistance should provide good entries for sellers looking for better risk reward entries.

I suggest selling with stops at 40 cents and first targets at Oct 2017 highs at 30 cents before the ultimate targets of 15 cents is hit.

Author: Dalmas N


Ripple (XRP) Daily Price Forecast: August 8, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.37, $0.38, $ 0.39
Support Levels: $0.36, $0.35, $0.34

Yesterday, August 7th, the XRP price was in a bearish trend. The XRP price broke the support level at $0.43 from the range bound zone. Then price commenced a downward trend to the low of $0.40 before the bearish breakout. The bears took price to the low of $0.36 and this will be the lowest price level since the beginning of the year. Traders are to look out for buy setups to initiate long trades at the end of the price decline.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is continuing. Nevertheless, the Relative Strength Index period 14 is level 13 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. If the XRP price downward fall, the support level would be breached.


Ripple (XRP) Daily Price Forecast: August 7, 2018

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.40, $0.41, $ 0.42
Support Levels: $0.39, $0.38, $0.37

Yesterday, August 6th, the XRP price was in a bearish trend. The bearish trend resulted in compelling the XRP price to break out of the range-bound zone of $0.51 and $0.43. Today, XRP price has continued its downward fall. Price of the cryptocurrency has reached the low of $0.40 as at the time of writing.

However, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is continuing. Nevertheless, the relative strength index period 26 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish