Ken Chigbo
Independent Analyst
- Ripple's XRP price is trading in the red on Monday, holding losses of some 0.70%.
- XRP/USD is moving within the confinements of a bearish pennant structure via the daily.
- The big psychological $0.3000 mark remains vulnerable of giving way to the bears.
Spot rate: 0.3091
Relative change: -0.05%
High: 0.3141
Low: 0.3062
XRP/USD 60-minute chart
- The price via the 60-minute is moving within a bearish flag structure, vulnerable to downside risks.
XRP/USD daily chart
- Price action has been moving within the confinements of a bearish pennant structure.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC breaks all-time high of $73,777 as Trump takes the lead
Bitcoin breaks above its all-time high of $73,777 on Wednesday, buoyed by Donald Trump's poll lead. At the same time, Ethereum is nearing its key resistance level, with a strong close above it.
Bitcoin and crypto market jump following Trump's lead in early election results
Bitcoin has risen over 5% as early estimates of election results suggest Trump is leading Harris. Polymarket odds of a Trump victory have skyrocketed over 70%. Anti-crypto Senator Warren defeats John Deaton to win the Massachusetts senate seat.
XRP could move toward $0.5608 resistance, on-chain data indicates declining investor interest
Ripple's XRP is trading near $0.5140 on Tuesday following declines in several of its on-chain data, which indicates declining investor interest. The remittance-based token could rally toward $0.5608.
Dogecoin Price Prediction: DOGE could hit a new yearly high after 50% rally in twenty days
Dogecoin (DOGE) is up 8% on Tuesday following rising expectations of a Donald Trump victory in the ongoing U.S. presidential elections. If the bullish momentum continues, the meme coin leader could rise to a new yearly high.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.