XRP Price Analysis for February, 7th – XRP Ready for Correction in Order to Continue Growing

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

XRP Price Analysis for January, 28th – XRP Gained Part Of the Lost

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

XRP Price Analysis for January, 21th – XRP Stabilized

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

Ripple’s XRP Price Analysis for January, 10th – XRP Remains Under Bearish Control

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, January 10th, the XRP is still selling, generally trading at $0.2014. On D1, the XRP demonstrates the bearish predominance inside the previous channel. The declining direction of the MACD supports further decline. A breakout of the low of $0.1741 can open the way to the psychological … Read more

Ripple Price Analysis for December, 24th – XRP Seized Falling

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, December 24th, the XRP stopped falling. It is generally trading around $0.19. On D1, XRP/USD keeps developing a downtrend after the renewal of the previous minimum. The main goal of the current movement is the psychologically important level of $0.1000. Convergence on the MACD signals a … Read more

XRP Price Analysis for December 3rd – XRP Looking Back at Risks

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, December 3rd is trying to restore after the previous selling. It is generally trading at $0.2203. On D1 of XRP/USD, the cryptocurrency may seem at the bottom. However, this impression might be false, and the decline may continue. The aim of the downtrend may be at … Read more

XRP Price Analysis for November 22th – XRP Decline Won’t Stop

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, November 22nd, the XRP keeps declining, trading at the minimum since September 30th — $0.2395. On H4, XRP/USD demonstrates the development of a downtrend after a test of the long-term resistance level. The aim of the current trend is the fractal minimum of $0.2100. We should … Read more