Updated:04:07 AM EST Mar 05


this is ggmania.com subsite Ripple price analysis: XRP hints at a massive breakout to $0.40 - TechAmok

Ripple price analysis: XRP hints at a massive breakout to $0.40 - [briefly]
09:01 AM EST - Jan,18 2021 - post a comment

XRP has traded sideways for the last few days, with its lack of meaningful upside action allowing Polkadot (DOT) to overtake it as the fourth-largest cryptocurrency by market cap. Ripple's underperformance since the SEC filed a lawsuit against the company and its top executives meant that it was always likely that its position would be taken by top performers like DOT. However, Ripple may be back in the top three if its price breaks out of consolidation and moves towards retesting the 50-day simple moving average on the daily chart. If this happens, XRP could then rally to new year-to-date highs. At the time of writing, Ripple's native token is up by 3.2% and is trading around $0.28. The technical outlook for XRP also suggests a potential buy signal on the daily chart. If the signal flashes in the form of a red nine candlestick in the next session, an influx of buyers on surging volumes will likely propel XRP/USD higher. That means breaking above $0.36 has the prospect of catalysing further upside action. If this happens, XRP could retest resistance at the 50-day SMA ($0.40). The flipside of the above bullish picture will be a dip to initial support at $0.25. if bearish pressure increases around these price levels, it could mean a further retreat to the long term support zone near $0.20.

Short overview of recent news articles

Announcing GeForce Hotfix Driver 461.81 (Mar,05 2021 )

THE SIMPSONS. Russian Art Film Version (Mar,04 2021 )

Creator of $4.1 Billion Crypto Asset EOS Unveils New Altcoin Project (Mar,04 2021 )

Private Version of XRP Ledger To Power Central Bank Digital (Mar,04 2021 )

THUNDER FORCE Trailer (2021) (Mar,03 2021 )

Microsoft Mesh - Official Introduction Trailer (Mar,03 2021 )

Using Tesla app to melt snow & ice off before leaving the house (Mar,03 2021 )

Not only XRP, is Ethereum also a target of the SEC? (Mar,03 2021 )

Apple M1 Processor Manages to Mine Ethereum (Mar,02 2021 )

$4,500,000,000 in Bitcoin Moved in Historic Transfer (Mar,01 2021 )

BEST MOVIE TRAILERS 2021 (February) (Mar,01 2021 )

How a 10-second video clip sold for $6.6 million (Mar,01 2021 )

Elon Musk: ALIENS ARE OBSERVING US! (Feb,28 2021 )

What China's New Digital Currency Tells Us About a Cashless Future (Feb,28 2021 )

Artificial intelligence and gambling, not just online (Feb,28 2021 )

Why Every Ship in Sci-Fi Has It's Guns on Backwards (Feb,28 2021 )

Mark Cuban Says Crypto Is About To Change How All Businesses Work (Feb,28 2021 )

Coinbase Stock Continues to Rise Ahead of Public Listing (Feb,28 2021 )

Coinbase Names BTC Creator Satoshi Nakamoto As Potential Risk (Feb,27 2021 )

Customers are reporting credit-card payment crashes across the US (Feb,27 2021 )

ARMY OF THE DEAD Trailer (2021) (Feb,26 2021 )

SHADOW AND BONE Trailer (2021) (Feb,26 2021 )

NEW Mastercard Offers FREE XRP (Feb,26 2021 )

Three Arrows Capital CEO Says Bitcoin Could Hit $2,500,000 (Feb,25 2021 )

Motorcyclist Collides With Car (Feb,25 2021 )

Denuvo Cracker EMPRESS "Arrested" (Feb,24 2021 )

eToro down as crypto, global equities turn volatile (Feb,24 2021 )

AMD Releases Radeon Software 21.2.3 Drivers (Feb,23 2021 )

Massive Bitcoin Whale Transactions Move More Than $1,9T in Crypto (Feb,23 2021 )

Institutional Bitcoin Investors Briefly Lose $13 Billion in Market (Feb,22 2021 )

MoneyGram Drops Ripple Citing SEC Lawsuit (Feb,22 2021 )

Perseverance Rover's Descent and Touchdown on Mars (Feb,22 2021 )

Engineer Demonstrates How To Pull Off The 'Sitting In the Air (Feb,22 2021 )

Michael Burry Issues Warning on Future of Bitcoin and Gold (Feb,22 2021 )

Two Whales Just Withdrew a Billion Dollars From Coinbase (Feb,22 2021 )

AMD releases statement regarding USB problems on 500-series chipset (Feb,22 2021 )

Ripple now registered as a Wyoming business (Feb,21 2021 )

Pfizer vaccine doesn't need ultra-cold storage after all, company (Feb,21 2021 )

Samsung Adds New Features to Older Galaxy Phones (Feb,21 2021 )

Ripple XRP to +$1000 In 2021?? Warren Baffet predicts the future! (Feb,21 2021 )

Another Weekend, Another All-Time High: Bitcoin Hits $57k (Feb,21 2021 )

NVIDIA GeForce RTX 3060 Anti-Mining Feature (Feb,21 2021 )

Mortal Kombat 2021 - Official Trailer (Feb,20 2021 )

Dad Level: 9000 (Feb,20 2021 )

Ripple Is Working With Central Banks To Develop Digital Assets (Feb,19 2021 )

Bill Gates Says He's Neutral On Bitcoin (Feb,19 2021 )

SEC files amended complaint against Ripple - Hogan's legal take (Feb,19 2021 )

NASA successfully lands Perseverance rover on Mars (Feb,19 2021 )

Android 12 release date (Feb,18 2021 )

Some of these crypto projects aren't even trying to look legit (Feb,18 2021 )

>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs