Ripple price rallied recently, but it failed near a crucial resistance at $0.3340 against the US dollar.
There is a significant bearish trend line formed with resistance at $0.3320 on the 4-hours chart of the XRP/USD pair (data source from Poloniex).
The pair could continue to struggle as long as it is trading below $0.3300 and $0.3340.
Ripple Faces Another Lawsuit from Investors Claiming XRP Is an Unregistered Security
Wednesday August 14, 2019
Coinspeaker Ripple Faces Another Lawsuit from Investors Claiming XRP Is an Unregistered SecurityIt seems that the trouble for Ripple to back its XRP tokens is neverending. In a recently amended complaint filed against the company, a group of XRP investors argues that the XRP tokens act as unregistered securities.The latest argument stems from the guidance […]
The post Ripple Faces Another Lawsuit from Investors Claiming XRP Is an Unregistered Security appeared first on 12bit trade.
Ripple price climbed higher, but failed to break a major resistance near $0.3320 against the US Dollar. XRP trimmed most its gains and traded towards the $0.3000 support area.
Ripple Price Analysis
In the past few days, there was a solid bullish wave in bitcoin, Ethereum, bitcoin cash, eos and ripple price against the US Dollar. The XRP/USD pair climbed above the $0.3080 and $0.3200 resistance levels. There was even a break above the $0.3250 resistance and a close above the 55 simple moving average (4-hours). However, the price failed near a crucial resistance at $0.3340. The price topped near the $0.3340 level and later started a fresh decline. It trimmed most its gains and traded below the $0.3250 and $0.3200 levels.
There was a break below the 61.8% Fib retracement level of the last wave from the $0.2926 low to $0.3342 high. However, the price found support near the $0.3020 level and the 55 simple moving average (4-hours). Moreover, the 76.4% Fib retracement level of the last wave from the $0.2926 low to $0.3342 high acted as a support. The current price is slightly positive, but the price is clearly facing a tough resistance near $0.3300 and $0.3340. Therefore, as long as the price is below $0.3340, it remains at a risk of more losses. On the downside, the $0.3020 and $0.3000 levels are decent supports. There is also a bullish trend line formed with support at $0.2935.
DDG – Accountant
Friday November 02, 2018
“Accountant” available at http://smarturl.it/Accountant DDG online: Tweets by PontiacMadeDDG https://www.instagram.com/pontiacmadeddg https://www.facebook.com/Pontiacmadeddg https://www.pontiacmadeddg.com (C) 2018 DDG Entertainment, Inc., under exclusive license to Epic Records, a division of Sony Music Entertainment
Looking at the chart, ripple price might trade in a range above the $0.3000 level before the next move. There are chances of another upward move, but buyers could fail near $0.3300.
4-hours MACD – The MACD for XRP/USD is slightly placed in the bearish zone.
4-hours RSI (Relative Strength Index) – The RSI for XRP/USD is currently just above the 50 level.
Key Support Level – $0.3020
Key Resistance Level – $0.3220
The post Ripple Price Analysis: XRP’s Uptrend Failed Near Crucial Resistance appeared first on Live Bitcoin News.
NBA Rumors: Bulls’ Jabari Parker Draws Trade Interest From Several Teams
Friday December 14, 2018
Jabari Parker might not be bench-ridden for long. A number of teams are speaking to the Chicago Bulls about a potential trade for the 23-year-old forward, the Chicago Tribune’s K.C. Johnson reported Friday, citing sources. Bulls have engaged in talks with several teams regarding Jabari Parker, per sources. There’s considerable interest in Parker the player. […]
The post NBA Rumors: Bulls’ Jabari Parker Draws Trade Interest From Several Teams appeared first on 12bet - Bet365.