Ripple Latest Price Analysis- Feb 13, 2019- Bulls Trying Hard To Push The Price Above $0.3158 Resistance Level

Anisa Batabyal
| 13 February, 2019 | 2 min

#1 Key Highlights

  • Ripple(XRP/USD) price surged 4.4%+ recently.
  • It bounced from the resistance turned support(S/R Flip).
  • Resistance level $0.3158+ tested twice.

#2 Chart Analysis

If we see the XRP technical analysis today for hourly (4H) time frame chart, it has bounced from the possible resistance turned support (S/R Flip) level mentioned in the previous article.

Ripple technical analysis today shows that it has also tested the immediate resistance level around $0.3158-$0.32 price level.

If we further do XRP analysis then one can observe that it needs to penetrate through the Ichimoku cloud and retest for continued bullish momentum.

Ripple analysis today on 4-Hour chart shows that Stock-RSI has moved to into overbought zone which is quite bearish But MACD is slowly curving up with bullish crossover.

Further ripple price analysis illustrated that 200H-MA (Moving Average) might as immediate support in confluence with S/R flip price level.

#3 Conclusion

Overall, Ripple analysis 2019 states that it needs to hold $0.2976-$0.2994 price level to be bullish.

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