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Ripple analysis today

August 14, 2018 to September 20, 2018 marked the formation of a confirmed double bottom chart pattern in Ripple (XRP).

Ripple coin analysis

Price action after confirmation reached a high of ~$0.79 before the current retracement that is captured with a bearish channel considered to be tentative.

Price action breaking to the upside of the bear channel and also above resistance as indicated by the horizontal blue lines would argue for a bullish bias in Ripple (XRP).

Interested in Bitcoin analysis (BTCUSD)? Check out our previous work here. Moreover,  Cardano analysis can be found here.

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2 thoughts on “Ripple analysis today

  1. […] Interested in Bitcoin analysis (BTCUSD)? Check out our previous work here. Moreover,  XRP price analysis (Ripple) can be found here. […]

  2. […] was mentioned in the previous post that price action breaking to the upside of the bear channel, and also above resistance as […]

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