RIPPLE Technical Analysis, Forecast and Market News

RIPPLE Technical Analysis

RIPPLE Technical Analysis: Weekly Chart

RIPPLE Technical Analysis

In the weekly charts, RIPPLE is trading in a downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 0.332965 and the resistance level is at 0.584148.

RIPPLE is trading in a downward channel until there is a trend reversal.

RIPPLE Technical Analysis: Daily Chart

RIPPLE Technical Analysis

In the daily charts, RIPPLE is trading below its previous downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 0.365274 and the resistance level is at 0.452434.

RIPPLE is trading below and outside its previous downward channel until there is a trend reversal.

How to trade RIPPLE this week:

RIPPLE is trading in a downward channel until there is a trend reversal and the following opportunity can be taken:

TRADE SUGGESTION: SELL AT 0.323662, TAKE PROFIT AT 0.100388, AND STOP-LOSS AT 0.491118

About Author

Related posts

audnzd technical analysis

AUDNZD TECHNICAL ANALYSIS & HOW TO TRADE AUDNZD

AUDNZD Technical Analysis: Weekly Chart In the weekly charts, AUDNZD is trading in an up channel. AUDNZD is currently trading above all SMA. RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 1.0933 & the resistance level is...

Read More
VOLKSWAGEN AG Technical Analysis

VOLKSWAGEN AG TECHNICAL ANALYSIS, AND VOLKSWAGEN AG FORECAST

VOLKSWAGEN AG Technical Analysis: Weekly Chart In the weekly charts, VOLKSWAGEN AG is trading in a down channel. VOLKSWAGEN AG is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 155.97...

Read More

Leave a Reply