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By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 15th, the XRP rate is correcting after the recent growth. The cryptocurrency is generally trading at 0.2023 USD. On D1, XRP/USD keeps forming an uptrend after a correction. Upon correcting from 50.0% Fibo, the quotations are trading near 38.2%. At the current stage, this may signify the end of the pullback and further growth. If the pair breaks away 50.0% Fibo, it has all chance to reach the next step at 61.8% inside the ascending channel. The MACD histogram is in the positive zone, and the signal lines have formed a
The post XRP Price Analysis for May 15th – XRP Switches to Correction appeared first on The Merkle News.
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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 14th, the XRP is correcting after the previous robust growth, generally trading at $0.3160. On H4, the growth has sped up for a short while by breaking out the resistance line and reaching the projection resistance line. It should be especially noted that the ascending dynamics have corrected the previous downtrend at 50.0% Fibo. Presently, there is a divergence forming on the MACD which means a pullback is coming. The aim of the pullback may be 38.2% ($0.3010). After the pullback, the next impulse of growth will be aimed at
The post XRP Price Analysis for February, 14th – XRP Needs Correction appeared first on The Merkle Hash.
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