The Future Coin

Bitcoin

$19,001.82

BTC 3.35%

Ethereum

$594.73

ETH -1.77%

XRP

$0.68

XRP -2.06%

Litecoin

$88.25

LTC -0.75%

EOS

$3.53

EOS -1.81%

  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases
No Result
View All Result
The Future Coin
No Result
View All Result
Home Market Analysis

XRP jumps above $0.43 with no resistance ahead – Confluence Detector

by The Future Coin
November 21, 2020
in Market Analysis
0
XRP bulls are fighting to keep hold of the 0.20 handle
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

  • Ripple’s XRP is the best-performing digital asset with over 30% of day-to-day gains.
  • The price may continue moving upwards with no barriers ahead.

Ripple’s XRP is the best-performing digital asset out of the top-10 on Saturday. The coin has gained over 30% in the past 24 hours to trade at $0.40 at the time of writing. The price hit $0.436, the highest level since July 2019, and the upside momentum is gaining traction

Ripple’s market value jumped to $18 billion, while its average daily trading volume settled at $10 billion. Bullish cryptocurrency market sentiments and positive technical factors have been driving the price of the coin higher since the beginning of the week.

XRP is unstoppable

From the technical point of view, a sustainable move above $0.33 served as a robust bullish catalyst for the coin. The price got a significant boost that pushed it above $0.4. With little to no barriers on the way to the North, XRP/USD has the potential to revisit $0.45 before the end of the week.

XRP/USD, 12-hour chart

XRP/USD, 12-hour chart

Ripple’s daily confluence chart shows several clusters of support levels on the way down. The first local barrier comes on approach to $0.4. It is the lowest level of the previous hour and a prior resistance area. Once it is verified as a support, the price will shoot to new highs again.

If it is cleared, the downside correction may be extended towards $0.38, reinforced by the Pivot Point 1-day Resistance 3. It separates XRP from a deeper decline towards $0.35, created by Pivot Point 1-week Resistance 1 and the upper line of the Bollinger Band.

fxsoriginal

XRP’s Confluence levels

On the upside, the local barrier is seen on approach to $0,43 (Pivot Point 1-week Resistance 3). Once it is out of the way, the upside is likely to gain traction with the next focus on $0.45 and potentially $0.5.

Source link

EDITOR’S CHOICE

Forex Markets: Coronavirus, U.S. politics

Cardano, EOS & Chainlink - American Wrap: 11/24/2020

China’s move on digital currency secures it an edge, but …, Opinion

‘No debate’ that Bitcoin will increase 20X says gold industry insider

Cardano, IOTA, VeChain Price Analysis: 24 November

Leading K-Study with the blockchain technology, Dain Leaders launches the digital tracking platform for international students

Best Pick For You

News

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business News
  • Ethereum News
  • Litecoin News
  • Ripple News

Features

  • Market Analysis
  • Opinion
  • Explained
  • Policy & Regulations
  • Top Cryptocurrencies
  • Technology News

Market Tools

  • Market News
  • Price Indexes
  • Bitcoin Price Index
  • Ethereum Price Index
  • Bitcoin Cash Price Index
  • Litecoin Price Index
  • Monero Price Index
  • HeatmapPartner

Cryptopedia

  • Explained
  • Bitcoin101
  • Bitcoin Cash101
  • Ethereum101
  • ICO101
  • Ripple101

© 2020 Coingraph

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases

© 2020 Coingraph

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
bitcoin
Bitcoin (BTC) $ 18,975.51
ethereum
Ethereum (ETH) $ 594.84
ripple
XRP (XRP) $ 0.656142
tether
Tether (USDT) $ 0.997586
bitcoin-cash
Bitcoin Cash (BCH) $ 341.16
chainlink
Chainlink (LINK) $ 15.39
litecoin
Litecoin (LTC) $ 87.70
polkadot
Polkadot (DOT) $ 5.59
cardano
Cardano (ADA) $ 0.164255
binancecoin
Binance Coin (BNB) $ 33.22
stellar
Stellar (XLM) $ 0.202760
bitcoin-cash-sv
Bitcoin SV (BSV) $ 203.71
eos
EOS (EOS) $ 3.51
usd-coin
USD Coin (USDC) $ 0.999769
tron
TRON (TRX) $ 0.035305
monero
Monero (XMR) $ 136.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 18,960.79
tezos
Tezos (XTZ) $ 2.63
crypto-com-chain
Crypto.com Coin (CRO) $ 0.080182
cdai
cDAI (CDAI) $ 0.020822
nem
NEM (XEM) $ 0.187016
okb
OKB (OKB) $ 5.91
cosmos
Cosmos (ATOM) $ 6.12
neo
NEO (NEO) $ 20.14
leo-token
LEO Token (LEO) $ 1.32
filecoin
Filecoin (FIL) $ 30.57
dash
Dash (DASH) $ 112.20
vechain
VeChain (VET) $ 0.016660
dai
Dai (DAI) $ 0.998991
huobi-token
Huobi Token (HT) $ 4.34
iota
IOTA (MIOTA) $ 0.362370
celsius-degree-token
Celsius Network (CEL) $ 2.42
ethereum-classic
Ethereum Classic (ETC) $ 7.84
zcash
Zcash (ZEC) $ 82.76
uniswap
Uniswap (UNI) $ 3.93
aave
Aave (AAVE) $ 64.44
compound-ether
cETH (CETH) $ 11.93
waves
Waves (WAVES) $ 7.47
yearn-finance
yearn.finance (YFI) $ 23,579.00
theta-token
Theta Network (THETA) $ 0.702440
havven
Synthetix Network Token (SNX) $ 5.04
binance-usd
Binance USD (BUSD) $ 0.998165
omisego
OMG Network (OMG) $ 4.31
maker
Maker (MKR) $ 604.00
dogecoin
Dogecoin (DOGE) $ 0.004029
compound-governance-token
Compound (COMP) $ 126.47
ontology
Ontology (ONT) $ 0.619663
uma
UMA (UMA) $ 8.47
kusama
Kusama (KSM) $ 47.11
compound-usd-coin
cUSDC (CUSDC) $ 0.021225