17.3 C
Manchester
April 22, 2019
Image default
price analysis ripple

Ripple: Price Analysis, Dec. 28

XRP/USD

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.




XRP




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.

Related posts

Syscoin (SYS) Makes Comeback Amid Downturn; 76% Spike Ahead of Project Rebrand

admin

XRP Price Analysis: XRP/USD is One More Breach Away from $0.25

admin

Trade Recommendation: Digibyte

admin

2 comments

ergfir nolikz January 10, 2019 at 7:01 pm

I like what you guys are up also. Such intelligent work and reporting! Keep up the excellent works guys I?¦ve incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂

Reply
ergfir nolikz January 10, 2019 at 7:16 pm

Appreciate it for helping out, superb information.

Reply

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More