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July 19, 2019
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price analysis ripple

Ripple: Price Analysis, Dec. 28


Ripple broke below the 20-day EMA on Dec. 27 but has bounced back sharply from the support at $0.33108. We anticipate another attempt by the bulls to break out of $0.40.


If successful, the XRP/USD pair can rally to the resistance line of the descending channel. Though $0.45 will act as a resistance, we expect it to be crossed this time.

Contrary to our expectation, if the price turns down from $0.40 and plunges below $0.33108, a retest of $0.286 and $0.24508 is probable. We should see a decisive move within the next 3-4 days.


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ergfir nolikz January 10, 2019 at 7:16 pm

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