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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 … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, February 25th, the XRP continues its correctional decline, trading at $0.2681. On D1, the wave of growth, having reached 50.0% Fibo, has changed to a decline. Currently, we may say that the quotations are coming back to test the broken long-term resistance line from above. The … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Tuesday, February 18th, the XRP rate has stabilized after a series of declining. The cryptocurrency is generally trading at $0.2915. On H4, the quotations remain in the ascending channel. They have tested the support level of the channel, hinting on an attempt to form another impulse of … Read more
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 … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 7th, XRP is slightly correcting after skyrocketing earlier. The instrument is mostly trading at 0.2814 USD. From the technical point of view, the H4 chart of XRP/USD shows a stable uptrend. The interesting thing right now is that after testing the long-term resistance level, the … Read more
On Tuesday, January 28th, the XRP price is growing smoothly, generally trading at $0.2337 and gaining what was lost quite successfully. The XRP/USD dynamics on H4 have started testing the previously broken support line from below. The aim of testing may be $0.2440. Upon reaching this level, we may expect a bounce and a decline … Read more
After two days of declining, the XRP stabilized, and on Tuesday it is trading at $0.2364. On D1, the XRP/USD quotations remain inside the long-term bearish channel. However, after a convergence on the MACD, the resistance line of the mid-term channel was broken out. This situation means the development of a mid-term correctional phase which … Read more
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, January 10th, the XRP is still selling, generally trading at $0.2014. On D1, the XRP demonstrates the bearish predominance inside the previous channel. The declining direction of the MACD supports further decline. A breakout of the low of $0.1741 can open the way to the psychological … Read more
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, December 24th, the XRP stopped falling. It is generally trading around $0.19. On D1, XRP/USD keeps developing a downtrend after the renewal of the previous minimum. The main goal of the current movement is the psychologically important level of $0.1000. Convergence on the MACD signals a … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, December 3rd is trying to restore after the previous selling. It is generally trading at $0.2203. On D1 of XRP/USD, the cryptocurrency may seem at the bottom. However, this impression might be false, and the decline may continue. The aim of the downtrend may be at … Read more