quantguy
Panjang

Ripple Recovers Slightly

BITSTAMP:XRPUSD   Ripple / Dollar
Stellar             Lumens has gained some traction on Sunday as well. It too rejected the lower bound of the KRI             , which is confirmed by a green triangle on Sunday's candle. This rejection seemed to occur at $0.265, a technical level near the psychologically significant $0.25. Beyond that, we have $0.23, and then we must consider levels in the $0.10 handle, starting at $0.19. From above, we have $0.28, $0.30, and $0.312. After that, we will have further resistance in the $0.30 handle which is not encouraging. The Kovach Momentum Indicators are bearish at all levels, except for the OBV on day charts, which has diverged from price for some time now. This suggests a breakout is nigh, but we aren't holding our breath.

Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!

For daily commentary on cryptocurrencies, subscribe to our newsletter!
Komen: Forgive the confusion! This is the text for the wrong coin!

Ripple found support at the lower bound of the KRI, rejecting the indicator and lows in the $0.70 handle. This is confirmed by a green triangle on Friday's candle, which seems to be a theme lately. The Kovach Momentum Indicators are still bearish but do appear to be picking up. Compared to previous price action, XRP has been comparatively ranging since February which makes Elliott Wave analysis difficult at the moment. We could be continuing the corrective phase from before, or in the midst of the next impulse. Currently at $0.82, we have support from below $0.79, $0.74 and $0.70. From above, we have a fairly dense collection of levels, from XRP's ranging. These are concentrated in the $0.80's, and are spaced apart almost to the penny at $0.82, $0.83 and $0.85.
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar