Ripple's XRP Technical Analysis: XRP/USD bull flag structure eyed despite daily losses
05/16/2019, 05:10:41
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Spot rate: 0.2986 Relative change: -2.15% High: 0.3039 Low: 0.2971 XRP/USD Overview Today last price 0.2985 Today Daily Change -0.0028 Today Daily Ch

  • Ripple's XRP price on Thursday is trading in negative territory, nursing losses over 2%. 
  • XRP/USD daily chart view is moving within somewhat of a bullish flag structure, as the price cools. 
  • The $0.3000 remains under consistent daily threat by the bears, as they look to force the price down to the next major demand zone $0.2500. 
  • Ripple's XRP price on Thursday is trading in negative territory, nursing losses over 2%. 
  • Ripple's XRP price on Thursday is trading in negative territory, nursing losses over 2%. 
  • XRP/USD daily chart view is moving within somewhat of a bullish flag structure, as the price cools. 
  • XRP/USD daily chart view is moving within somewhat of a bullish flag structure, as the price cools. 
  • The $0.3000 remains under consistent daily threat by the bears, as they look to force the price down to the next major demand zone $0.2500. 
  • The $0.3000 remains under consistent daily threat by the bears, as they look to force the price down to the next major demand zone $0.2500. 

     

    Spot rate:                  0.2986

    Relative change:      -2.15%

    High:                         0.3039

    Low:                          0.2971

    XRP/USD

    Overview
    Today last price 0.2985
    Today Daily Change -0.0028
    Today Daily Change % -0.93
    Today daily open 0.3013
     
    Trends
    Daily SMA20 0.3083
    Daily SMA50 0.3201
    Daily SMA100 0.3163
    Daily SMA200 0.3526
    Levels
    Previous Daily High 0.3031
    Previous Daily Low 0.2965
    Previous Weekly High 0.3176
    Previous Weekly Low 0.2915
    Previous Monthly High 0.3803
    Previous Monthly Low 0.2827
    Daily Fibonacci 38.2% 0.3006
    Daily Fibonacci 61.8% 0.299
    Daily Pivot Point S1 0.2975
    Daily Pivot Point S2 0.2937
    Daily Pivot Point S3 0.2909
    Daily Pivot Point R1 0.3041
    Daily Pivot Point R2 0.3069
    Daily Pivot Point R3 0.3108

     

    XRP/USD

    Overview
    Today last price 0.2985
    Today Daily Change -0.0028
    Today Daily Change % -0.93
    Today daily open 0.3013
     
    Trends
    Daily SMA20 0.3083
    Daily SMA50 0.3201
    Daily SMA100 0.3163
    Daily SMA200 0.3526
    Levels
    Previous Daily High 0.3031
    Previous Daily Low 0.2965
    Previous Weekly High 0.3176
    Previous Weekly Low 0.2915
    Previous Monthly High 0.3803
    Previous Monthly Low 0.2827
    Daily Fibonacci 38.2% 0.3006
    Daily Fibonacci 61.8% 0.299
    Daily Pivot Point S1 0.2975
    Daily Pivot Point S2 0.2937
    Daily Pivot Point S3 0.2909
    Daily Pivot Point R1 0.3041
    Daily Pivot Point R2 0.3069
    Daily Pivot Point R3 0.3108

    XRP/USD

    Overview
    Today last price 0.2985
    Today Daily Change -0.0028
    Today Daily Change % -0.93
    Today daily open 0.3013
     
    Trends
    Daily SMA20 0.3083
    Daily SMA50 0.3201
    Daily SMA100 0.3163
    Daily SMA200 0.3526
    Levels
    Previous Daily High 0.3031
    Previous Daily Low 0.2965
    Previous Weekly High 0.3176
    Previous Weekly Low 0.2915
    Previous Monthly High 0.3803
    Previous Monthly Low 0.2827
    Daily Fibonacci 38.2% 0.3006
    Daily Fibonacci 61.8% 0.299
    Daily Pivot Point S1 0.2975
    Daily Pivot Point S2 0.2937
    Daily Pivot Point S3 0.2909
    Daily Pivot Point R1 0.3041
    Daily Pivot Point R2 0.3069
    Daily Pivot Point R3 0.3108

    XRP/USD

    Overview
    Today last price 0.2985
    Today Daily Change -0.0028
    Today Daily Change % -0.93
    Today daily open 0.3013
     
    Trends
    Daily SMA20 0.3083
    Daily SMA50 0.3201
    Daily SMA100 0.3163
    Daily SMA200 0.3526
    Overview
    Today last price 0.2985
    Today Daily Change -0.0028
    Today Daily Change % -0.93
    Today daily open 0.3013
    Overview Overview Overview Today last price 0.2985 Today Daily Change -0.0028 Today Daily Change % -0.93 Today daily open 0.3013 Today last price 0.2985 Today last price0.29850.2985 Today Daily Change -0.0028 Today Daily Change-0.0028-0.0028 Today Daily Change % -0.93 Today Daily Change %-0.93-0.93 Today daily open 0.3013 Today daily open0.30130.3013
     
    Trends
    Daily SMA20 0.3083
    Daily SMA50 0.3201
    Daily SMA100 0.3163
    Daily SMA200 0.3526
    Trends Trends Trends Daily SMA20 0.3083 Daily SMA50 0.3201 Daily SMA100 0.3163 Daily SMA200 0.3526 Daily SMA20 0.3083 Daily SMA200.30830.3083 Daily SMA50 0.3201 Daily SMA500.32010.3201 Daily SMA100 0.3163 Daily SMA1000.31630.3163 Daily SMA200 0.3526 Daily SMA2000.35260.3526
    Levels
    Previous Daily High 0.3031
    Previous Daily Low 0.2965
    Previous Weekly High 0.3176
    Previous Weekly Low 0.2915
    Previous Monthly High 0.3803
    Previous Monthly Low 0.2827
    Daily Fibonacci 38.2% 0.3006
    Daily Fibonacci 61.8% 0.299
    Daily Pivot Point S1 0.2975
    Daily Pivot Point S2 0.2937
    Daily Pivot Point S3 0.2909
    Daily Pivot Point R1 0.3041
    Daily Pivot Point R2 0.3069
    Daily Pivot Point R3 0.3108
    Levels
    Previous Daily High 0.3031
    Previous Daily Low 0.2965
    Previous Weekly High 0.3176
    Previous Weekly Low 0.2915
    Previous Monthly High 0.3803
    Previous Monthly Low 0.2827
    Daily Fibonacci 38.2% 0.3006
    Daily Fibonacci 61.8% 0.299
    Daily Pivot Point S1 0.2975
    Daily Pivot Point S2 0.2937
    Daily Pivot Point S3 0.2909
    Daily Pivot Point R1 0.3041
    Daily Pivot Point R2 0.3069
    Daily Pivot Point R3 0.3108
    Levels Levels Levels Previous Daily High 0.3031 Previous Daily Low 0.2965 Previous Weekly High 0.3176 Previous Weekly Low 0.2915 Previous Monthly High 0.3803 Previous Monthly Low 0.2827 Daily Fibonacci 38.2% 0.3006 Daily Fibonacci 61.8% 0.299 Daily Pivot Point S1 0.2975 Daily Pivot Point S2 0.2937 Daily Pivot Point S3 0.2909 Daily Pivot Point R1 0.3041 Daily Pivot Point R2 0.3069 Daily Pivot Point R3 0.3108 Previous Daily High 0.3031 Previous Daily High0.30310.3031 Previous Daily Low 0.2965 Previous Daily Low0.29650.2965 Previous Weekly High 0.3176 Previous Weekly High0.31760.3176 Previous Weekly Low 0.2915 Previous Weekly Low0.29150.2915 Previous Monthly High 0.3803 Previous Monthly High0.38030.3803 Previous Monthly Low 0.2827 Previous Monthly Low0.28270.2827 Daily Fibonacci 38.2% 0.3006 Daily Fibonacci 38.2%0.30060.3006 Daily Fibonacci 61.8% 0.299 Daily Fibonacci 61.8%0.2990.299 Daily Pivot Point S1 0.2975 Daily Pivot Point S10.29750.2975 Daily Pivot Point S2 0.2937 Daily Pivot Point S20.29370.2937 Daily Pivot Point S3 0.2909 Daily Pivot Point S30.29090.2909 Daily Pivot Point R1 0.3041 Daily Pivot Point R10.30410.3041 Daily Pivot Point R2 0.3069 Daily Pivot Point R20.30690.3069 Daily Pivot Point R3 0.3108 Daily Pivot Point R30.31080.3108

     

    XRP/USD 60-minute chart

    XRP/USD 60-minute chartXRP/USD 60-minute chart
    • Big price defending around the $0.3000-0.2850 region can be observed via the 60-minute. 
  • Big price defending around the $0.3000-0.2850 region can be observed via the 60-minute. 
  • Big price defending around the $0.3000-0.2850 region can be observed via the 60-minute. 

    XRP/USD daily chart

    XRP/USD daily chartXRP/USD daily chart
    • Price action via the daily is moving within the confinements of a bullish flag structure. 
  • Price action via the daily is moving within the confinements of a bullish flag structure. 
  • Price action via the daily is moving within the confinements of a bullish flag structure.