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Weekly forecast Ripple technical chart
Symbol XRPUSD

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Trading suggestion:

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

DateMay 10, 2020 - 15:11
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.1099, beginning of uptrend is expected.
  • We make sure when the resistance at 0.2467 breaks.
  • If the support at 0.1099 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.23512 on 04/30/2020, so more losses to support(s) 0.17600, 0.15070 and minimum to Major Support (0.10990) 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 44.

Supports and Resistances:

  1. 3.29950
  2. 1.36840
  3. 0.91345
  4. 0.50900
  5. 0.38150
  6. 0.34600
  7. 0.28625
  8. 0.24670
Click on the level to view price action history.

Symbol Released Current Forecast
Ripple (XRPUSD) free Fri, 22 Mar 2024
Ripple (XRPUSD) free Sun, 10 Mar 2024
Ripple (XRPUSD) Mon, 4 Mar 2024
Ripple (XRPUSD) Sun, 11 Feb 2024
Ripple (XRPUSD) Sun, 4 Feb 2024