{"id":257490,"date":"2020-04-11T12:29:41","date_gmt":"2020-04-11T16:29:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=257490"},"modified":"2021-08-13T07:57:04","modified_gmt":"2021-08-13T11:57:04","slug":"ripple-price-prediction-xrp-usd-falls-to-0-18-low-sellers-threaten-to-short","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ripple-price-prediction-xrp-usd-falls-to-0-18-low-sellers-threaten-to-short","title":{"rendered":"Ripple Price Prediction: XRP\/USD Falls to $0.18 Low, Sellers Threaten to Short"},"content":{"rendered":"

XRP Price Analysis \u2013 April 11<\/strong>
\nOn April 6, XRP\/USD<\/a> pair reached the high of $0.20500 and traded below the resistance. The bulls made concerted efforts to break the $0.20 resistance but were repelled. On the XRP\/BTC pair, the market is in a sideways trend between \u02430.00002500 and \u02430.00003000.<\/p>\n

XRP\/USD Market<\/strong>
\nKey Levels:
\nResistance Levels: $0.24, $0.26, $0.28
\nSupport Levels: $0.22, $0.20, $0.18<\/p>\n

\"\"<\/a>
BTC\/USD – Daily Chart<\/figcaption><\/figure>\n

After price rebounded at a low of $0.18, Ripple reached a high of $0.20. The bulls made two unsuccessful attempts to push price above the $0.20 resistance but were resisted. The market fell to a low of $0.18. The bears are still threatening to sink price further downward. This will depend on the ability of the bulls to defend the current support. On the downside, if the bears succeed in breaking the $0.18 support, the market will fall to a low of $0.15. Conversely, if the $0.18 support holds, a rebound is possible above the support. Ripple will resume a new uptrend. The rebound will cause a price rally above $0.20. Subsequently, the momentum will extend to a high of $0.24.Presently, Ripple is below 80% range of the daily stochastic. This explains that the market is in a bullish momentum<\/p>\n

Similarly, on the XRP\/BTC chart, the market is in a sideways trend. The pair has been trading between the levels of \u02430.00002500 and \u02430.00003000. The upper and lower price range has been broken once on either side.<\/p>\n

\"\"<\/a>
XRP\/BTC -Daily Chart<\/figcaption><\/figure>\n

In February, the \u02430.00003000 resistance was broken and the market reached a high of \u02430.00003300. The upward move was terminated and price fell back to the range-bound zone. In March, the \u02430.00002500 resistance was broken and the market reached a low of \u02430.00002400. The bulls pulled back to the range-bound zone. Meanwhile; the pair is at level 54 of the Relative Strength Index. It indicates the price is in the uptrend zone and it is above the centerline 50. The pair is likely to rise.<\/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

 <\/p>\n","protected":false},"excerpt":{"rendered":"

XRP Price Analysis \u2013 April 11 On April 6, XRP\/USD pair reached the high of $0.20500 and traded below the resistance. The bulls made concerted […]<\/a><\/div>","protected":false},"author":1742,"featured_media":257496,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[8009,5257,7591,8084],"class_list":["post-257490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-price-prediction","tag-ripple","tag-xrp","tag-xrpbtc"],"acf":[],"yoast_head":"\nRipple Price Prediction: XRP\/USD Falls to $0.18 Low, Sellers Threaten to Short - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"XRP\/USD pair reached the high of $0.20500 and traded below the resistance. 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