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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 27th, the XRP suggests further restoration. However, right now the market has put buying on a halt. The XRP is generally trading at 0.1735 USD. On H4, XRP/USD demonstrates quite a weak trend of correctional growth. The quotations have risen to 23.6% Fibo and now, … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The attempts of the XRP to perform a bounce after stressful trading days keep failing. On Friday, March 20th, it is generally trading at 0.1636 USD. On D1, the quotations may perform a pullback after a swift declining impulse. The quotations broke through the last meaningful low of … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, the XRP remains under pressure, trading at 0.2089 USD, though sales are not full-scale anymore. On D1, the quotations tested the resistance area and kept declining. The resistance level is at 0.2525 USD. The decline is aiming at the breakout of the last low at 0.1741 … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 3rd, the XRP is slightly declining, trading at 0.2347 USD. The price keeps failing to bounce but the market does not lose hope. On D1, the quotations reached 50.0% Fibo in a bullish correction and then went down rather quickly. The declining wave broke out … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, February 25th, the XRP continues its correctional decline, trading at $0.2681. On D1, the wave of growth, having reached 50.0% Fibo, has changed to a decline. Currently, we may say that the quotations are coming back to test the broken long-term resistance line from above. The … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Tuesday, February 18th, the XRP rate has stabilized after a series of declining. The cryptocurrency is generally trading at $0.2915. On H4, the quotations remain in the ascending channel. They have tested the support level of the channel, hinting on an attempt to form another impulse of … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 14th, the XRP is correcting after the previous robust growth, generally trading at $0.3160. On H4, the growth has sped up for a short while by breaking out the resistance line and reaching the projection resistance line. It should be especially noted that the ascending … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 7th, XRP is slightly correcting after skyrocketing earlier. The instrument is mostly trading at 0.2814 USD. From the technical point of view, the H4 chart of XRP/USD shows a stable uptrend. The interesting thing right now is that after testing the long-term resistance level, the … Read more
On Tuesday, January 28th, the XRP price is growing smoothly, generally trading at $0.2337 and gaining what was lost quite successfully. The XRP/USD dynamics on H4 have started testing the previously broken support line from below. The aim of testing may be $0.2440. Upon reaching this level, we may expect a bounce and a decline … Read more
After two days of declining, the XRP stabilized, and on Tuesday it is trading at $0.2364. On D1, the XRP/USD quotations remain inside the long-term bearish channel. However, after a convergence on the MACD, the resistance line of the mid-term channel was broken out. This situation means the development of a mid-term correctional phase which … Read more
