Ripple Price Prediction: XRP/USD Fails to Break Out Above $0.30; Price Down with 6% Loses

XRP Price Prediction – January 15

XRP/USD has been trading sideways for the past week as it seems that bulls can’t push its price above $0.30.

XRP/USD Market

Key Levels:

Resistance levels: $0.45, $0.50, $0.55

Support levels: $0.15, $0.10, $0.05

XRPUSD – Daily Chart

Earlier today, XRP/USD touches the daily high of $0.30 before giving a bearish signal at the time of writing, the coin is seen floating within the 9-day and 21-day moving averages as the technical indicator RSI (14) moves below 45-level. Meanwhile, a break below the channel could give the market enough strength to dig dip, but crossing above the moving averages might lead the market to a bullish scenario.

What to Expect from Ripple (XRP)

At the moment, the Ripple price keeps demonstrating a sign of weakness across its markets. Looking at the daily chart, XRP/USD market is down by 6.01%, reflecting a price drop in … Read more

Litecoin Price Prediction: LTC/USD Beats the Market with 1.9% Gains; Price Trades Above $155

LTC Price Prediction – January 14

LTC/USD manages to maintain its position above the 21-day MA, while the bulls are trying to defend the support at $140.

LTC/USD Market

Key Levels:

Resistance levels: $175, $185, $190

Support levels: $125, $120, $115

LTCUSD – Daily Chart

After being locked below the 9-day and 21-day moving averages on the price charts a few days ago, LTC/USD undergoes a much-needed break to the positive side as the market opens today. The coin is seen posting gains of around 1.9% in the last 24 hours, with the coin trading within the moving averages and at a price of $150.32 at the time of writing.

Where is LTC Price Going Next?

As the daily chart reveals, the Litecoin price resumes back in the middle of consolidation after a slight drop from $186 a few days ago. The price is now roaming around the $150 level. … Read more

Ripple Price Prediction: XRP/USD Consolidates as Price Struggles at $0.30

XRP Price Prediction – January 13

The daily chart reveals that the Ripple price is range-bound as bulls fail to move the cryptocurrency to a new height.

XRP/USD Market

Key Levels:

Resistance levels: $0.50, $0.55, $0.60

Support levels: $0.15, $0.10, $0.005

XRPUSD – Daily Chart

According to the daily chart, XRP/USD is trading above the 9-day and the 21-day moving averages, the coin is also floating within the middle of the channel as the RSI (14) indicator moves in the same direction below the 50-level. The daily breakdown shows that the intraday support and resistance lie between $0.28 and $0.30 respectively.

What to Expect from Ripple (XRP)

Moreover, the Ripple price continues to demonstrate a sign of weakness across its markets. But on the other hand, the coin is up with 3.66% gains, reflecting a price rise in the market trading above the 9-day and 21-day moving average and the … Read more

Bitcoin (BTC) Price Prediction: BTC/USD May Further Decline, Faces Rejection at $36k High

Bitcoin (BTC) Price Prediction – January 13, 2021
On January 11, Bitcoin dropped to $31,327 but it immediately corrected upward to $36,656. However, the correction was short-lived as the BTC price continued with its downward move. As BTC/USD faced rejection at $36,500, there is the possibility of further decline.

Resistance Levels: $45,000, $46,000, $47,000
Support Levels: $35,000, $34,000, $33,000

BTC/USD – Daily Chart

Bitcoin has been falling because it has been trading in an overbought condition for the past weeks. In vertical rallies, there is a tendency for a sharp decline. Since January 10, the BTC price has declined from $41,066.20 to $31,327. Buyers reacted at this low as the coin moved up to face another rejection at the recent high. The selling pressure has resumed as the crypto may further drop to $30,635.

Nonetheless, the coin may resume upside momentum if the current support holds. Otherwise, a retest … Read more

Ripple Price Prediction: XRP/USD Dives Below $0.30 as it Consolidates Around the Moving Averages

XRP Price Prediction – January 11

At the time of penning down this prediction, XRP/USD is seen trading at $0.283. Meanwhile, the market price lacks imminent support and may trade in the red with dense selling pressure.

XRP/USD Market

Key Levels:

Resistance levels: $0.50, $0.52, $0.54

Support levels: $0.12, $0.10, $0.08

XRPUSD – Daily Chart

XRP/USD price is seen correcting downwards after having hit the resistance at $0.369 yesterday. The king of the cryptocurrencies (Bitcoin) is also seen trading below $31,000 and has an impact on the overall trading volume and market cap as well. At the moment, the Ripple price is exhibiting an intraday dip and bearish move, alongside, lack of support.

Where is XRP Price Going Next?

The daily chart reveals that the coin is seen correcting downwards after starting the day at $0.315. The bulls couldn’t push XRP/USD higher to hit the nearest resistance, the coin is … Read more