Drop Ripple it never does. Will the growth end of the week?
Source:
Price continues to decline in trading pair with the us dollar. Cryptocurrency are unable to resist the onslaught of the bears. They erased almost all the gains that are obtained by the investors in October during the rapid growth of XRP. Drain Aldona can significantly accelerate if the sellers will be able to lower Ripple than 34 cents.
The Overall situation looks like this:
the-
the
- cryptocurrency failed to break the resistance area 36 cents and fell; the
- for the 1-hour chart has formed a descending trend with the nearest resistance around 35 cents; the
- there is a high probability continue to fall.
At the moment the Ripple is trading at the level of 0.35 dollars. In the past 24 hours the course of the coin virtually unchanged.
theTechnical analysis
Now the main target of the bears remains the line 30 cents — there may be followed by the asset price in the near future. Ripple continues to consolidate near the resistance area that buyers are still can not overcome.
Scale 1-hour XRP chart is below the moving average 100 SMA and the lines of the local downtrend. To break it difficult, as the nearest point now coincides with the Fibonacci 0.5 level, laid on the last wave draining from 37 to 34 cents. For steady growth at least in the medium term, XRP must overcome 100 SMA with good trading volumes.
It is not recommended to open trading position in XRP, as the market there is no clear trend. If you invest in Ripple for the long term, the asset can be buy at market price without leverage.
image Source — NewsBTC
In the near future make a profit to fuck with Ripple will be possible only through the shorts. Technical indicators say about the impending discharge: the MACD was in bearish zone, and the RSI dipped below average.
By the Way, the best capturadora going in our . Join them!
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Riddle: how is Satoshi Nakamoto with immigrants? Solve a cipher "nour"
«I am not Dorian Nakamoto» — this was the last message in the account of Satoshi Nakamoto to the recent events. We will remind, couple of days ago, the website of the Creator of Bitcoin in the P2P Foundation again in her...
Altcoins to the moon: Fidelity plans implementation and other scriptaction
the Fourth world, the company asset management is considering expanding its custodial services to other types of scriptaction. The head of the parent organization's Fidelity Digital Assets That Jessop said that they estimate the d...
Everything on the farm: mining Bitcoin has become more favorable after the fall of difficulty
Mine Bitcoin now easier — shortly after the fall Hasrat cryptocurrency complexity of its production have fallen under the rules of the network. Recall, almost all the year 2018, Hasrat Bitcoin grew, oblivious to the falling price ...
ETCDev closed because of funding problems. Waiting for the collapse ETC?
a Leading development company announced its closure. Founder and CEO ETCDev Igor Artamonov told in his Twitter that the company has no choice and will have to immediately curtail activities. Lack of funds for operating expenses an...
Expert: the cryptocurrency market shakes out the "weak hands"
the Head of Standpoint Research's Ronnie Moas recently gave an exclusive interview to Cointelegraph. The analyst pointed to the main causes of the fall of the stock market and gave his Outlook for the future. According to him, the...
The researchers are afraid of the epidemic cryptogamia. Than it threatens?
Researchers at the Israeli cybersecurity firm Check Point Software Technologies have reported a rapid distribution for covert mining KingMiner. In his publication, IDO Solomon and ADI Icahn claim that malicious software for mining...
Expert: Bitcoin was in "a death spiral" and will soon be down to zero
Earlier this year, when Bitcoin was still trading at $ 7,000, University of Santa Clara Atulya sarin has published an interesting note. An expert has predicted the fall of the major cryptocurrencies because of the increased cost o...
The founder of Monero on Bitcoin: a teenager in a difficult age and alternative to Fiat
One of the main developers "aka fluffypony" talked to Tech Central on the topic of rehabilitation after the bear market and accept Bitcoin. The journalist asked the expert what he thinks about the upcoming recovery after a prolong...
Bears are not a problem: the volume of transactions with Bitcoin in 2018 updated record
To the end of the year there are still a few weeks and the trading volume of Bitcoin has exceeded $ 2 trillion. Many countries also recorded a record volume of transactions in BTC. It seems that every day more and more people are ...
The G20 agreed to regulate cryptocurrency. What will it be?
G20 leaders in Buenos Aires have signed a joint Declaration. According to the document, the parties to the agreement will regulate cryptocurrency and oppose their use for money laundering and financing of terrorism in accordance w...
Barry Silbert: hardwork Bitcoin Cash harmed the entire industry of crypto-currencies
Recall that in late October, kryptonyte caused a surge of interest among the public. On the background of the collapse of the Bitcoin number of search queries on the crypt rose to a 4-month high. However, users also often sought &...
The appetite of Asian markets to Ripple growing. XRP will go up?
Ripple Inc continues to focus on expanding its services and entering new markets. Having won numerous customers throughout the Americas and Europe, the next logical strategic target of the company is Asia. The head of the Departme...
Tom Lee: Bitcoin is the best investment of the coming year
the Market is recovering after the fall of Bitcoin, and the first experts render their verdicts regarding the current situation. The main supporter of the crypts on wall street, Tom Lee recently gave an interview with Cointelegrap...
Why should I buy Bitcoin and beware of the ICO? The analyst
hesitant to buy right now? Listen to the advice of Bobby Lee. Recently, one of the most famous cryptoendoliths explained why novice and experienced investors should invest in cryptocurrencies. He also warned newbies away from ICO ...
The bulls came back with the price of altcoins this week?
After 11 months of steady decline altcoins seem willing to make the first noticeable jump up. Litecoin, Monero, Stellar Lumens and Cardano now came to the support lines, so it makes sense to expect a small rebound. Don't forget we...
On the calendar it's December and that means two things. First, you need to think about gifts for loved ones on New year. Secondly, it is time to take stock of Nov for mining-pool . Over the past month the developers have added a ...
The future is here: Asus will allow gamers to earn on cryptocurrencies
the tech giant will allow gamers to use the excess computing power of graphics cards for mining cryptocurrency. Such a statement, the Taiwanese company made the day before after signing the partnership agreement with the applicati...
Time to analyze: will Bitcoin rise this week?
last week, Bitcoin fell back above $ 4,000. But to deceive yourself is not worth it — bitcoin is still falling. For the full reversal and the beginning of the uptrend, it needs to go above the resistance line, the nearest point wh...
Comments (0)
This article has no comment, be the first!