{"id":253692,"date":"2020-03-14T13:30:14","date_gmt":"2020-03-14T17:30:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=253692"},"modified":"2021-07-27T18:44:52","modified_gmt":"2021-07-27T22:44:52","slug":"ripple-price-prediction-xrp-usd-falls-to-0-12-low-as-bulls-push-back","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ripple-price-prediction-xrp-usd-falls-to-0-12-low-as-bulls-push-back","title":{"rendered":"Ripple Price Prediction: XRP\/USD Falls to $0.12 Low, as Bulls Push Back"},"content":{"rendered":"
XRP Price Analysis \u2013 March 14<\/strong> XRP\/USD Market<\/strong> The recent downward move of Ripple was as a result of the overbought nature of the coin. Ripple was said to be overbought at $0.34. Sellers emerge to push the coin downward. The market was falling and making a series of lower highs and lower lows. The final downward move was when the market fell to a low of $0.20 and the bulls took price to a high of $0.21.<\/p>\n At the high of $0, 21, the bulls face aggressive selling which resulted in Ripple reaching the low of $0.12. Ripple is currently in an upward move but faces resistance at $0.16.Nonetheless, Ripple is below 20% range of the daily stochastic. In other words, Ripple is in the oversold region of the market. Buyers are to emerge to push XRP upward.<\/p>\n Similarly, on the XRP\/BTC chart, the market was in an uptrend as the price reached a high of \u02430.00003200. The bears were on hand as the bulls were resisted. The market fell to the low of \u02430.00002400. The pair is making an upward move and is approaching the high of \u02430.00002822.<\/p>\n <\/p>\n Please note:<\/strong> Insidebitcoins.com<\/em><\/a> is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
\nXRP\/USD<\/a> pair appears to be on a downward move since February 14. The market has been falling from a high of $0.34 overhead resistance. Today, Ripple has fallen to a low of $0.12 and price is making an upward move. In XRP\/BTC, the downtrend reached a low of \u02430.00002400 but the pair is making an upward move to the high of \u02430.00002822.<\/p>\n
\nKey Levels:<\/strong>
\nResistance Levels<\/strong>: $0.24, $0.26, $0.28
\nSupport Levels<\/strong>: $0.22, $0.20, $0.18<\/p>\n<\/a>
<\/a>