Ripple Came Into Today Up 0.19%

The Daily View for Ripple

  • At the time of this writing, XRP’s price is up $0.01 (0.65%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Ripple’s hourly price chart is shown below.

XRP

The Daily View for Ripple

  • At the time of this writing, XRP’s price is up $0 (0.19%) from the day prior.
  • This move is a reversal from the day prior, which saw price move down.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on Ripple. Given that we see an uptrend on the 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • Of note is that the 20 day changed directions on XRP; it is now pointing up. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Ripple.

XRP

Featured Ripple Idea From TradingView

Below is a trading comment entitled Head&Shoulders in Ripple (XRP)! you may find interesting:

HI friends!As you can see in the chart,There are titles where the Ripple price can reach $3.31,And in RSI the price has just been supported,And in the XRP/BTC chart the chart price is in the support line,Which if not broken, It will most likely grow.What do you think?Good luck!

MrKarbassi