January 30, 2024

XRP’s Price Rebound Slows Due to Opposition Near $0.53

XRP (XRP) Long-Term Analysis: BearishThe price of XRP (XRP) is below the moving average lines due to opposition near $0.53. The cryptocurrency price is moving toward the 21-day SMA. On the upside, if the price breaks above the 21-day SMA, the bullish momentum will continue to the 50-day SMA or abov...

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January 21, 2024

XRP Loses Value as It Faces Another Rejection At $0.55

XRP (XRP) Long-Term Analysis: BearishThe XRP (XRP) price is trading below the moving average lines as it faces another rejection at $0.55. On January 3, 2024, XRP rallied to a low of $0.48, yet bulls bought on dips. The altcoin experienced an upward correction, which ended at a high of $0.62. Today...

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January 13, 2024

XRP Consolidates above $0.54 as Buyers Drive the Rise

XRP (XRP) Long-Term Analysis: BearishThe price of XRP (XRP) has fallen below the moving average lines as buyers drive the rise. The altcoin has been consolidating above the $0.54 support since the market collapse on January 3. Nonetheless, buyers tried to keep the price above the moving average lin...

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January 07, 2024

XRP Stabilizes Above $0.55 As It Approaches Bearish Exhaustion

XRP (XRP) Long-Term Analysis: BearishThe price of XRP (XRP) has dropped significantly as it approaches bearish exhaustion. Bulls, however, purchased the dips as the cryptocurrency managed to hold above the $0.55 support level. The cryptocurrency has been stabilizing above the present support for th...

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December 29, 2023

XRP Remains Static as It Tries to Cross the $0.65 Barrier

XRP (XRP) Long-Term Analysis: RangingSince the December 11 price dip, XRP (XRP) has been trading sideways as it tries to cross the $0.65 barrier. The altcoin is now trading in a range and above the moving average lines. On the upside, the barrier at $0.65 has stopped the upward movement. Furthermor...

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December 22, 2023

XRP Slumps to $0.57 As Bulls Pounce On Dips

XRP (XRP) Long-Term Analysis: BearishThe price of XRP (XRP) has fallen below the moving average lines as bulls pounce on dips. On December 11, the altcoin hit a low of $0.59 as bulls pounced on dips. Buyers tried and failed to push the altcoin above the moving average lines, but were repulsed at th...

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December 15, 2023

XRP Is on the Rise but Faces Resistance at $0.63

XRP (XRP) Long-Term Analysis: BullishThe price of XRP (XRP) is back on the rise after a recent decline but faces resistance at $0.63. The cryptocurrency crashed to a low of $0.59 as bulls bought dips. The altcoin hit a high of $0.63 at the time of writing. On the plus side, the bullish momentum is ...

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December 08, 2023

XRP Gains Momentum as It Resumes Buying at Lower Levels

XRP (XRP) Long-Term Analysis: BullishThe price of XRP (XRP) breaks above the 21-day SMA as it resumes buying at lower levels. At the time of writing, the cryptocurrency had reached a high of $0.64. The altcoin is rising, approaching historic highs of $0.73 and $0.74. The altcoin was repulsed at the...

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December 03, 2023

XRP Oscillates In A Range As It Fails To Break Above $0.62

XRP (XRP) Long-Term Analysis: RangingThe price of XRP (XRP) has been oscillating between the moving average lines since November 16 as it fails to break above $0.62. The bulls and bears have been working hard for the previous two weeks to break out of the moving average lines. Today, the bulls are ...

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