By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 22nd, the XRP is trying to restore after two days of sales but the impulse is not enough. The cryptocurrency is generally trading at 0.1968 USD. The technical picture of Ripple on D1 has not much changed since last week and is typical of the whole crypto market. The pair keeps testing the lower border of the ascending channel, trading under 38.1% Fibo. At the current stage, this might mean that the asset is gathering strength to go on developing the ascending dynamics. On the MACD, the Golden Cross is still
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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 
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity of a short-term pullback. Now the quotations are moving in a local correctional “wedge” and declining to the support line and the level of 0.2085 USD. They might break it away; a Black Cross on the MACD is giving a reason for it. The aim 
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 21st, the XRP cryptocurrency looks dubious, slightly growing in price. It is generally trading at 0.1836 USD. On D1, the technical picture is typical for the whole crypto market. The price is consolidating between 38.2% и 23.6% Fibo, which may mean that the price may be accumulating momentum for further growth. On the MACD, there is a Golden Cross forming, and the histogram has reached positive values. These signals mean that the growth will continue soon, aiming at 50.0% Fibo and 0.2320 USD. On H4, the picture is similar. The asset 
By Dmitriy Gurkovskiy, author at RoboForex Blog. On Friday, April 10th, the XRP price is declining. The cryptocurrency is generally trading at 0.1934 USD. On H4, the quotations remain inside an ascending channel. However, we must note that the ascending has reached 38.2% of the previous declining wave. and a divergence has formed on the MACD. These events taken together mean that a mid-term declining wave may begin, but this must be confirmed by a breakaway of the support line near 0.1865 USD. The primary aim of the decline will be 0.1600 USD and then the low of 0.1165 USD. On 
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, April 3rd, the XRP keeps growing smoothly. It is generally trading at 0.1794 USD. On H4, XRP/USD keeps demonstrating the development of a correctional phase after a deep decline. The correctional trend is growing very slowly but steadily. The growth has reached 23.6% Fibo and keeps moving to 38.2% (0.2045 USD). The possibility of growth to 50.0% (0.2317 USD) looks virtually impossible. The MACD lines, aiming upwards, confirm further increase. The support is currently at 0.1677 USD. Its breakout will signal the end of the correction and the beginning of a 
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 27th, the XRP suggests further restoration. However, right now the market has put buying on a halt. The XRP is generally trading at 0.1735 USD. On H4, XRP/USD demonstrates quite a weak trend of correctional growth. The quotations have risen to 23.6% Fibo and now, trying to overcome the upper border of the preceding rectangular channel, are heading for 38.2% (0.2045 USD) and 50.0% (0.2317 USD). While the MACD lines are directed upwards, we may expect further growth. However, a breakout of the local support line and a Black Cross 
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The attempts of the XRP to perform a bounce after stressful trading days keep failing. On Friday, March 20th, it is generally trading at 0.1636 USD. On D1, the quotations may perform a pullback after a swift declining impulse. The quotations broke through the last meaningful low of 0.1741 USD but did not reach the psychologically important level of 0.1000 USD. In the current picture, the main resistance level is at 0.2525 USD, lying on the long-term resistance line. The MACD has formed a Black Cross which indicates the potential development of the 
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, the XRP remains under pressure, trading at 0.2089 USD, though sales are not full-scale anymore. On D1, the quotations tested the resistance area and kept declining. The resistance level is at 0.2525 USD. The decline is aiming at the breakout of the last low at 0.1741 USD. On the MACD, there is a Black Cross forming, indicating a potential decline to the psychologically important support level at 100.00. On H4, the quotations escaped a flat downwards, overcame 76.0% (0.2160 USD) Fibo and keeps drawing the declining channel. A Black Cross on 
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 3rd, the XRP is slightly declining, trading at 0.2347 USD. The price keeps failing to bounce but the market does not lose hope. On D1, the quotations reached 50.0% Fibo in a bullish correction and then went down rather quickly. The declining wave broke out the mid-term support and returned under the long-term support line at 0.2525 USD. The technical picture signifies the possibility of further falling to the minimum at 0.1741 USD. On the MACD, the lines are still heading up, which may indirectly signal upcoming growth to the