Ripple Price Prediction – February 18
The Ripple price prediction shows that XRP could renew the bullish trend after testing the support level of $0.75 today.
XRP/USD Market
Key Levels:
Resistance levels: $0.95, $1.00, $1.05
Support levels: $0.60, $0.55, $0.50
XRP/USD regains ground after touching the daily low at $0.75 during the European session today. The Ripple price is currently changing hands at $0.77 with a slight gain of 0.82% since the start of the day. Despite the recovery, the coin is still hovering within the 9-day and 21-day moving averages.
Ripple Price Prediction: What Could Be the Next Direction for Ripple Price?
According to the daily chart, the Ripple price is moving towards the resistance level of $0.80 as the initial move above the upper boundary of the channel could boost the price further up. The Ripple (XRP) hits the daily high at $0.80 before retreating to where it is currently trading. Looking at it from above, more bullish movements may come into play if the Ripple price crosses above the channel and the nearest resistance level could be found at $0.90.
However, the traders can see that the daily movement remains in the hands of the bulls as the technical indicator Relative Strength Index (14) is seen moving above 50-level, building on the consistent recovery from the downside. Meanwhile, a break into the positive side may most likely push the coin towards the potential resistance levels of $0.95, $1.00, and $1.05, while a drop towards the lower boundary of the channel may lead to the supports of $0.60, $0.55, and $0.50 respectively.
By comparing with Bitcoin, the Ripple is seen moving sideways above the 9-day and 21-day moving averages. After the coin touches the daily high at 1975 SAT today, the coin later retreated to where it is currently trading. Meanwhile, the price keeps moving sideways as the buyers may put pressure on the market.
Moreover, should the sellers return to the market, the Ripple price may drop to the support of 1600 SAT and below. Now, the technical indicator Relative Strength Index (14) moves above 60-level as the market could face the upward movement in the next positive direction while the resistance level could be located at $2200 and above.
Looking to buy or trade Ripple (XRP) now? Invest at eToro!
68% of retail investor accounts lose money when trading CFDs with this provider
Check live crypto rates here
Start trading today – See our list of exchanges
It is in point of fact a great and useful piece of info. I’m glad that you shared this helpful info with us. Please stay us informed like this. Thank you for sharing.
Loving the information on this web site, you have done great job on the posts.
he blog was how do i say it… relevant, finally something that helped me. Thanks
order altace generic astelin 10 ml cheap buy astelin 10ml online
I’m not that much of a internet reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your site to come back later. Cheers
Have you ever thought about publishing an ebook or guest authoring on other blogs? I have a blog centered on the same subjects you discuss and would really like to have you share some stories/information. I know my audience would enjoy your work. If you’re even remotely interested, feel free to shoot me an e mail.
Hi, I think your site might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, fantastic blog!
You have noted very interesting points! ps decent internet site.
Thanks a bunch for sharing this with all people you actually know what you are speaking approximately! Bookmarked. Please additionally discuss with my web site =). We could have a hyperlink trade contract between us!
great post, very informative. I wonder why the other experts of this sector don’t notice this. You should continue your writing. I am confident, you’ve a huge readers’ base already!
This really answered my problem, thank you!
Howdy would you mind sharing which blog platform you’re working with? I’m looking to start my own blog in the near future but I’m having a difficult time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something unique. P.S Sorry for getting off-topic but I had to ask!
I read your article carefully, it helped me a lot, I hope to see more related articles in the future. thanks for sharing.
Hi, I think your site might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, fantastic blog!
I appreciate, cause I found just what I was looking for. You have ended my four day long hunt! God Bless you man. Have a great day. Bye