Category: News

XRP Price Analysis: XRP Consolidating

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 19th, the XRP is consolidating, balancing near 0.5280 USD after a rather volatile week. On D1, XRP/USD keeps correcting upon sky-rocketing. We suggest that currently, the quotations can break through 61.8% Fibo and go on declining. The aim of the pullback is 0.4495 USD (50.0% Fibo). The MACD histogram is above zero, declining, which is another signal for further correction. Upon …
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Bitcoin: The Next Upside Target is at $55,000

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Earlier today, Bitcoin updated its all-time high once again. However, the correction that took place on February 15th, 2021, made over 300 thousand traders close their positions with a total loss of $2 billion. Almost all these positions were long – traders are in a hurry to buy the cryptocurrency even when the asset is on the top. Still, more experienced investors recommend entering …
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XRP Ready for the Upside

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 12th, Ripple looks rather good, trading at 0.5505 USD. On D1, XRP/USD sky-rocketed corrected and goes on growing. We can suppose that the quotations will pull back a bit to 61.8% Fibo and then keep on growing. The aim of growth is 0.7100 USD. The MACD histogram is rising, and its signal lines are above zero, which is an additional signal …
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