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Weekly forecast Ripple / BIT technical chart
Symbol XRPBIT

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJanuary 9, 2021 - 16:31
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 6.17320, beginning of uptrend is expected.
  • We make sure when the resistance at 15.51770 breaks.
  • If the support at 6.17320 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 6.17320 on 01/03/2021, so more gains to resistance(s) 11.99510, 14.07090 and maximum to Major Resistance (15.51770) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 32.

Supports and Resistances:

  1. 228.75935
  2. 101.95000
  3. 71.90000
  4. 57.90000
  5. 47.69000
  6. 40.90000
  7. 37.45000
  8. 33.45315
  9. 28.05510
  10. 25.67175
Click on the level to view price action history.

Symbol Released Current Forecast
Ripple / BIT (XRPBIT) Sun, 20 Mar 2022
Ripple / BIT (XRPBIT) Tue, 15 Mar 2022
Ripple / BIT (XRPBIT) Mon, 7 Mar 2022
Ripple / BIT (XRPBIT) Sun, 27 Feb 2022
Ripple / BIT (XRPBIT) Sun, 20 Feb 2022