Ripple Price Analysis: XRP/USD Upsides Capped Near $0.4550. July 31, 2018 coinmaker Crypto Analysis. Spread the love. Key Highlights. Ripple price declined further and broke a key support at $0.4500 against the US dollar. Yesterday’s highlighted key contracting triangle was breached with support at $0.4530 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair.
24 May 2020.
USD/CAD can be viewed as a risk-off currency pair, since CAD correlates heavily with the performance of the global oil market. The recent.
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Bitcoin price declined sharply below USD 9550 after multiple rejections near USD 10000. Ethereum declined more than 5% and XRP.
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Key Highlights ADA price declined further and traded below the $0.1620 support against the US Dollar (tethered). There is a crucial bearish trend line formed with resistance at $0.1680 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is under pressure and upsides will most likely be capped by the $0.1650 and $0.1680 levels.
Key Points Bitcoin cash price attempted a recovery above the $600 level against the US Dollar. There is a short-term ascending channel formed with support at $590 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could move higher if it holds the $590 support and breaks the $620 resistance.
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There was no upside move above $0.4560 in Ripple price against the US Dollar. The XRP/USD pair faced an increased selling pressure, resulting in a downside move below the $0.4500 support. The price declined sharply and settled below the $0.4500 support and the 100 hourly simple moving average. These are bearish signs and suggests more ranging moves with a bearish angle below.
Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar. BCH/USD is likely to continue.