XRP Forecast

Ripple Labs remains one of the blockchain industry’s biggest companies. The company’s XRP coin is the industry standard for international payments. XRP has endured a bit of a challenging year. This is because the Securities and Exchange Commission (SEC) sued Ripple Labs for securities fraud. But, recent developments show some hope for the coin. It is worth noting that XRP has performed exceptionally well this year. The SEC suit against Ripple came last December, and the coin’s price went down.…

The performance of XRP over the previous couple of years has been woeful. However, it seems it is ready to keep underperforming, as analysts are saying that it is on the verge of incurring a fresh breakdown because it is hovering over a crucial support level. However, XRP is technically weak as it is revealing signs of recording heightened social activity from investors across social media platforms. The surge in social activity tends to have correlations with uptrends and this…

The price action of all cryptocurrencies within the previous few days has been dull but that of XRP has been particularly poor. Bitcoin moved from the highs established at $10.1k last week to $8,709 at press time while XRP has declined by 18 percent within the same time frame. XRP’s poor performance brings fear of deeper correction in the weeks ahead as a trader suggests the possibility of retesting the price area close to the lows established during the market…

ETH/USD Pair Price Analysis Over the previous few sessions, the ETH/USD pair has been performing within a wide range over $190. The pair tried severally to surge under the supports at $190 and $188, but could not make it happen. The pair was able to form the recent swing low close to $188 prior to regaining bullish momentum. It surged over $190 and the 100 hourly SMA. The buyers took the pair above the $195 barrier for a change in…

ETH/USD Pair Price Analysis The ETH/USD pair tried severally to surge above the barrier zone between $198 and $200, before it began a downside retracement. It appears that it is following a bearish pattern from the $198 barrier. The recent swing low was close to $188 while the recent high was $195. At the moment, the pair is moving downward and visiting $192. The immediate key support is close to $190 and the 100 hourly SMA. The failure to remain over…

ETH/USD Pair Price Analysis The ETH/USD pair incurred bullish moves mostly over $190 in the previous few sessions. The pair is trying to gather momentum over the barrier zone between $198 and $200. A look at the downside on the pair’s hourly chart shows the formation of a robust support close to $194 and $195. An important observation is the formation of a major bullish trend line with support close to $194. A look at the upside reveals a critical…

XRP has been weak in the short-term and based on the words of analysts, it could incur a remarkable upside move in the coming days, which may lead to the immediate key barrier close to $0.22. At press time, the performance of XRP was nominal at a price of $0.196. Over the past week, XRP revealed some signs of strength, moving from $0.18 low to its highs established a few hours ago. Bitcoin has performed better as it moved from weekly lows…

ETH/USD Pair Price Analysis Yesterday, we mentioned the possibility of the ETH/USD to incur a huge rally above $180. It was able to follow a bullish path over $180 and the 100 hourly SMA. It incurred an upsurge over $188 barrier zone and attained a fresh weekly high close to $193. In recent times, the pair retraced to the downside beneath $188 and $185. Nevertheless, on the way to the downside, it secured support close to $182. A look at…

ETH/USD Pair Price Analysis Yesterday, we mentioned the need for the ETH/USD pair to surge over the 100 hourly SMA to incur a new rally. The pair did not move below $170 and was able to surge over the 100 hourly simple moving average. The buyers took over thereby clearing some critical barriers close to $175 and $180. Further, a look at the hourly chart of the pair revealed that it was able to surge over a major bearish trend…