Tag: XRP Price Prediction

XRP Price Analysis for May 8th – XRP Stuck in a Flat

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 …
[Read More]

XRP Price Analysis for April 21th – XRP Looks Ambiguous

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 …
[Read More]

XRP Price Analysis for April 10th- Massive Transaction Did Not Help XRP Grow

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 …
[Read More]

XRP Price Analysis for April 3rd – XRP Grows But Slowly

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 …
[Read More]