English
USD
Popular
Other
14:10 02.10.2019
2019-10-02
Neironix
https://neironix.io/images/og.jpg
0
0
8124

The Technical Analysis of Ripple Cryptocurrency 

Nowadays the capitalization of cryptocurrency market has slightly decreased, and now it is $ 219,892,120,950, which is 0,95% less compared to yesterday`s indicator.

It should be mentioned that cryptocurrency market is in a lull now. Today we will observe Ripple coin, which looks weaker than the market and has an increased likelihood of a further decline. Over the past day, Ripple has decreased by 3.11%, and its price fluctuates on $0,245.

In addition, Ripple showed good upward movement a few days ago. It broke through the local resistance level in the range of $ 0,247—$ 0,25, after which the coin was fixed above it for a day, forming the technical analysis figure, called flag.

Ripple needs to return to the area of ​​$ 0,26 in 24 hours to resume the bullish script and raise to the Fibonacci target zone of 0,618 ($ 0,283). Otherwise, the past impulse upward movement will be considered only as a correction of the downward movement, which reached the Fibonacci level of 0,382 ($ 0,257) and, failing to overcome it, aimed to update the local bottom — in the range of $ 0,21—$ 0,20.

Attention: Neironix does not forecast bitcoin. If you need fresh forecasts of the rate, consult a specialist.

Subscribe to the news in the channel in telegram
@neironix_io
Comments
Please, login to write a comment.
Bitcoin
(1.54%)
Ethereum
(0.03%)
Cardano
(3.59%)
Binance Coin
(-1.04%)
Ripple
(2.78%)
HexCoin
(-2.85%)
Polkadot
(-3.18%)
Dogecoin
(2.45%)
Bitcoin Cash
(6.92%)
Litecoin
(5.56%)
Luna
(5.45%)
Stellar
(7.51%)
ChainLink
(3.26%)
Tether
(-0.11%)
Avalanche
(-5.39%)
Cosmos
(-2.67%)
Ethereum Classic
(4.13%)
EOS
(14.65%)
Tron
(-1.77%)
Vechain
(-2.39%)
Support Center
Tracking of cryptocurrency markets has become even more convenient with our application.
Neironix Mobile App
Download for FREE
Download App
Create account
Sign in
Contact technical support
If you have any problems with the system, please describe the problem in the form below, or send your question to: support@neironix.io