Following a significant drop to the crucial support region of $0.43, Ripple encountered increased buying pressure and saw a substantial surge, pushing the price back above the 100 and 200-day moving averages. This recent action has left market participants uncertain about XRP’s overall direction, with the upcoming movements likely providing clarity. By Shayan The Daily...Read More
Bitcoin Bitcoin saw an impressive 20% price hike this week as it reached the $40K resistance level. The cryptocurrency penetrated above a descending wedge formation last Thursday and continued above the 20-day MA level last Friday. Since breaking the wedge, BTC surged higher inside an ascending price channel as it broke the 50-day MA level...Read More
XRP/USD – XRP Remains Inside June Falling Price Channel. Key Support Levels: $0.6, $0.556, $0.5.Key Resistance Levels: $0.7, $0.72, $0.781. XRP is down 5% this week as it struggles to break the 20-day MA near $0.7. It is also trading inside a falling price channel that was established at the beginning of June. Each time...Read More
XRP/USD – XRP Falls Short At 20-day MA Key Support Levels: $0.6, $0.556, $0.5.Key Resistance Levels: $0.7, $0.72, $0.781. XRP has been trading inside a falling price channel since the start of June. However, the cryptocurrency bounced from the lower boundary of this price channel at the end of the month and hit $0.7 at...Read More
This week was a complete rollercoaster in the cryptocurrency market. Unfortunately, things failed to turn out for the better and the majority is trading in the red. Bitcoin Bitcoin is down a steep 11.7% this week as it currently trades beneath $34,000. The cryptocurrency started the week by dropping into support at $31,185 (downside 1.618...Read More
XRP/USD – XRP Rebounds From 2019 Highs Key Support Levels: $0.6, $0.556, $0.5.Key Resistance Levels: $0.72, $0.781, $0.8. XRP is down by a sharp 23% over the week after falling beneath the 2020 highs at $0.8282 and dropping below the 200-day MA at $0.72. It continued down until support was found at $0.55 – the...Read More
XRP/USD – Bullish Explosion Leads To XRP Hitting $0.3 Key Support Levels: $0.295, $0.29, $0.286.Key Resistance Levels: $0.3, $0.31, $0.321. XRP penetrated above a symmetrical triangle last week as it started to climb higher again slowly. The coin penetrated above resistance at $0.261 and pushed higher into the $0.271 level (bearish .618 Fib). The coin...Read More
XRP/USD – Bulls Finally Break October Range Key Support Levels: $0.27, $0.261, $0.251.Key Resistance Levels: $0.271, $0.28, $0.286. XRP surged by 6.8% over the past three days, which allowed the coin to break above the upper boundary of a 2-month-old range at $0.261. This resistance was provided by a bearish .5 Fib Retracement and prevented...Read More
Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over...Read More
XRP/USD – Coin Still Trapped In Consolidation Key Support Levels: $0.25, $0.245, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. XRP might be above the 100-days EMA this week, but it is still struggling to break the resistance at $0.261 (bearish .5 Fib Retracement). The coin has struggled to break this level since October and must push...Read More
XRP/USD – Bulls Failing to break $0.261 Resistance Key Support Levels: $0.25, $0.245, $235, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. Last Thursday, XRP managed to rebound from the support at a rising trend line as it pushed higher. On Friday, it penetrated above the resistance at the 100-days EMA to reach as high as $0.26...Read More
Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the...Read More
XRP/USD – Bulls Face Resistance At 100-days EMA Key Support Levels: $0.24, $235, $0.228.Key Resistance Levels: $0.251, $0.261, $0.271. XRP fell lower from resistance at a falling trend line toward the end of October. It initially found support at the 200-days EMA at $0.24 but broke beneath it in November. After that, XRP continued to...Read More
XRP/USD – Buyers Continue To Defend October Lows Key Support Levels: $0.235, $0.228, $0.22.Key Resistance Levels: $0.245, $0.251, $0.261. XRP fell beneath the symmetrical triangle pattern at the end of October and headed toward the 100-days EMA. It found support at the 200-days EMA but fell below it yesterday. Despite this, XRP remained supported at...Read More
Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed...Read More
XRP/USD – Bulls Battling To Defend 100-days EMA Key Support Levels: $0.24, $0.23, $0.228.Key Resistance Levels: $0.251, $0.261, $0.271. XRP struggled to break a falling resistance trend line at the start of the week – close to $0.26. As a result, the coin started to decline in the past few days. Although it has spiked...Read More
XRP/USD – Bulls Trade Sideways After Triangle Break Key Support Levels: $0.25, $0.245, $0.237.Key Resistance Levels: $0.261, $0.271, $0.28.. Last week, XRP managed to break free from a symmetrical triangle pattern but has since moved sideways since the breakout. The coin seems to remain supported at the $0.25 level but struggles to break the resistance...Read More
Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed...Read More
XRP/USD – Buyers Finally Break Above Symmetrical Triangle Key Support Levels: $0.26, $0.251, $0.245.Key Resistance Levels: $0.261, $0.271, $0.279. XRP went through a rollercoaster of price action yesterday as it reached as high as $0.271 (bearish .618 Fib) and as low as $0.228 (.618 Fib) during the 24 hours. The cryptocurrency had been trading within...Read More
XRP/USD – Bulls Remain Inside Symmetrical Triangle Pattern Key Support Levels: $0.237, $0.23, $0.228. Key Resistance Levels: $0.251, $0.261, $0.271. XRP has not been outperforming over the past seven days, but it remains inside the boundaries of a symmetrical triangle. The coin failed to break the upper boundary last week, which caused it to head...Read More
Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided...Read More
XRP/USD – Bears Push XRP Into 100-days EMA Key Support Levels: $0.24, $0.237, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271. XRP was performing well this week as it attempted to surge higher after bouncing from a rising trend line at the start of October. It managed to reach as high as $0.26 over the past few...Read More
XRP/USD – Bulls Attempting To Breakout From Consolidation Pattern Key Support Levels: $0.25, $0.244, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. At the start of October, XRP bounced from the lower boundary of a short term symmetrical triangle pattern at around $0.23. From there, the buyers pushed higher but initially struggled with the resistance at $0.251...Read More
Bitcoin Bitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday. BTC was trading at the 100-days EMA last Friday as it rebounded from here and started...Read More
XRP/USD – Bulls Face Resistance at Bearish .382 Fib. Key Support Levels: $0.24, $0.236, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271. XRP rebounded from a rising trend line on Sunday which saw the coin breaking above the 100-days EMA to reach the resistance at $0.251 (bearish .382 Fib Retracement). During this week, XRP managed to spike...Read More
XRP/USD – Bulls Finally Break 100-days EMA Resistance Key Support Levels: $0.243, $0.237, $0.228.Key Resistance Levels: $0.251, $0.26, $0.271. XRP found support at the $0.23 level at the start of October. It rebounded from this support yesterday to finally push higher above the resistance at the 100-days EMA – a level which the coin struggled...Read More
Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin...Read More
XRP/USD – Bulls Struggling To Break 100-days EMA Resistance Key Support Levels: $0.236, $0.228, $0.22.Key Resistance Levels: $0.251, $0.61, $0.271. Since rebounding from $0.22 last week, the bulls managed to push higher and reach the resistance at the 100-days EMA at around $0.245. Unfortunately, the buyers have failed to break this resistance over the past...Read More
XRP/USD – Bulls Face Tough Resistance at 100-days EMA Key Support Levels: $0.237, $0.228, $0.22.Key Resistance Levels: $0.251, $0.261, $0.271. XRP dropped beneath the .618 Fib at $0.228 last week but managed to find reliable support at the $0.22 level. From there, it rebounded as it pushed back above the 200-days EMA to reach the...Read More
Bitcoin Bitcoin dropped by a total of 3% over the past seven days of trading as it reached the $10,600 level today. The cryptocurrency briefly pushed above the $11,000 mark last Friday but could not sustain this level as it broke beneath it during the weekend. On Monday, BTC saw a precipitous 7.5% fall as...Read More
