Ripple (XRP) Is Showing Positive Signs Above The $0.1550

Must Read

Social Capital Ceo’s Views On The Game Changer Asset Bitcoin

Chamatha Paliphatia, billionaire and the CEO of social capital, recently gave a statement that underlined the phase of...

Central Bank Digital Currencies (CBDCs) and Digital Payments is Future of Payments

Bank of International Settlements also known as BIS  favored central bank digital currencies (CBDCs) as well as digital...

Bitcoin Correlation Analysis: A comparison of Bitcoin with Other Significant Assets

VanEck's recent report sets out an interesting analysis with respect to the crypto-asset Bitcoin and Gold respectively. In...
processed
Ayush Malviyahttps://www.thecoinrepublic.com/
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.
  • The cryptocurrency is maintaining sustainable climb and Ripple prices are up by 6%.
  • Ripple also recovered the loss due to the market collapse and with its current pace, it achieves higher limits with ease.
  • The XRP/BTC pair is performing negatively with the overall loss of -4.82% bringing the level to 0.00002417.

The XRP prices are making a steady climb, even after facing fluctuation, prices managed to get over the loss due to the market collapse.

Advertisement


If Ripple prices break the resistance level of $0.1650 there will be continuous growth in the prices. Prices form strong support near the price level of  $0.1450. With the help of this crucial price level, XRP  manages to break the resistance level of  $0.1500 and $0.1550.

The current  market capital is $7,120,893,066, with volume traded of $2,339,294,471 USD and the circulating supply of 43,842,625,397 XRP.

XRP
Source:tradingview

The Technical chart reflects that bulls are trying to make a comeback. Currently, prices are trying to make a steady climb but yet they are suffering volatility.

The technical indicators and oscillators are showing an increase in the buying volume of the cryptocurrency. Even after acquiring bullish momentum prices are again showing negative signs.

The MACD levels are showing that there is an increase in the buying volume of the cryptocurrency yet there are chances of variation.

The 24hr – RSI is trading in the bullish zone but it started acquiring a light negative divergence.

The 24hr-CCI is about to touch the normal zone after climbing down from the over buying region, it is a negative indication that ripple’s XRPis suffering a decrease in the buying volume. 

Resistance Level: $0.1650
Support Level: $ 0.1450

Hot News

Social Capital Ceo’s Views On The Game Changer Asset Bitcoin

Chamatha Paliphatia, billionaire and the CEO of social capital, recently gave a statement that underlined the phase of transition undergone by the Bitcoin...

Central Bank Digital Currencies (CBDCs) and Digital Payments is Future of Payments

Bank of International Settlements also known as BIS  favored central bank digital currencies (CBDCs) as well as digital payments during the COVID-19 outbreak. ...

Bitcoin Correlation Analysis: A comparison of Bitcoin with Other Significant Assets

VanEck's recent report sets out an interesting analysis with respect to the crypto-asset Bitcoin and Gold respectively. In addition to the crypto-asset’s correlation...

Cryptocurrency Weekly Roundup: Insight To The Events Occurred In Crypto Industry This Week

The Binance crypto exchange announced the acquisition of CoinMarketCap,  a popular cryptocurrency data aggregator.  The court dismissed Telegram’s request of GRAM token issuance to the...

11 Class Action Lawsuits Against Cryptocurrency Companies Filed By Roche Freedman

On April 3, 11 class action lawsuits against cryptocurrency companies that alleged the sale of unregistered securities were filed with the Southern District...

Traditional Trading Firms Delighted With Crypto: Report

The Adoption of Digital Asset Trading report published by Acuiti management intelligence platform states that the trading firms have come to the terms to believe...

Partners

Central Bank Digital Currencies (CBDCs) and Digital Payments is Future of Payments

Bank of International Settlements also known as BIS  favored central bank digital currencies (CBDCs) as well as digital payments during the COVID-19 outbreak. ...

Bitcoin Correlation Analysis: A comparison of Bitcoin with Other Significant Assets

VanEck's recent report sets out an interesting analysis with respect to the crypto-asset Bitcoin and Gold respectively. In addition to the crypto-asset’s correlation...

Cryptocurrency Weekly Roundup: Insight To The Events Occurred In Crypto Industry This Week

The Binance crypto exchange announced the acquisition of CoinMarketCap,  a popular cryptocurrency data aggregator.  The court dismissed Telegram’s request of GRAM token issuance to the...

11 Class Action Lawsuits Against Cryptocurrency Companies Filed By Roche Freedman

On April 3, 11 class action lawsuits against cryptocurrency companies that alleged the sale of unregistered securities were filed with the Southern District...

RELATED NEWS

Social Capital Ceo’s Views On The Game Changer Asset...

Chamatha Paliphatia, billionaire and the CEO of social capital, recently gave a statement...

Central Bank Digital Currencies (CBDCs) and Digital Payments is...

Bank of International Settlements also known as BIS  favored central bank digital currencies...

Bitcoin Correlation Analysis: A comparison of Bitcoin with Other...

VanEck's recent report sets out an interesting analysis with respect to the crypto-asset...