Category: Ripple

Ripple Technical Analysis for 03/11/2016 – Big Pivot at 0.00002 Broken Today

Today, Ripple finally managed to break above the monster 0.00002 pivot zone that has been strangling the market since the middle of February. Given the prior history of this price level, I would say there is a very high chance that 0.00002 will act as support in the future. Ripple traded as high as 0.00002324 today, however, price was unable to close above the 0.000022 price level! So, what’s so …
[Read More]

Ripple Technical Analysis for 03/03/2016 – Bear Market Trend Line Broken

Ripple has been sliding lower since hitting the big resistance level at 0.000024, on the 7th of February. However, the downtrend is starting to show signs of weakness. For starters, the market is not technically in a downtrend anymore, as the trend line has been broken and price is currently trading well above that trend line. The big pivot that everyone needs to keep an eye on is the 0.00002 …
[Read More]