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Thread: Ripple Analysis

  1. #46
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    Ripple price returns to decline after attempting to surpass the minor bearish channel’s resistance, to keep our bearish trend expectations valid unless breaching 0.65 level and the most important 0.77 and holding above them, reminding you that the main waited target is located at 0.46.



    Expected trading range for today is between 0.46 support and 0.71 resistance

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    Ripple price begins today’s trading with bullish bias after breaching 0.65 level, on its way for a potential test to 0.77 level, supported by stochastic positivity.



    But, until now, the overall bearish trend scenario still valid unless breaching 0.77 level and holding above it, noting that the main waited targets begin at 0.57 and extend to 0.46.



    Expected trading range for today is between 0.57 support and 0.77 resistance

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  4. #48
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    Ripple price fluctuates within sideways and tight track, settling around 0.65 level, and as long as the price is below 0.77, our bearish overview will remain active, noting that our main targets begin at 0.57 and extend to 0.46 after succeeding to break the previous level.



    Expected trading range for today is between 0.50 support and 0.71 resistance



    Expected trend for today: Overall Bearish

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    Ripple price rallied downwards strongly to achieve our first waited target at 0.57 and break it to open the way to head towards our next target at 0.46, which supports the continuation of the recently suggested bearish trend scenario, reinforced by the negative pressure formed by the EMA50, taking into consideration that holding below 0.65 represents the first condition to continue the expected decline.



    Expected trading range for today is between 0.46 support and 0.65 resistance

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    Ripple price tested 0.50 level and settles around it, and we still waiting for more decline to target 0.46 level that represents our next main station.



    In general, we will keep our bearish overview unless breaching 0.65 level and holding above it, noting that surpassing the mentioned target will push the price towards 0.35 as a next station.



    Expected trading range for today is between 0.40 support and 0.60 resistance

  8. #51
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    Ripple price’s recent trades are confined inside a bearish pennant pattern that appears on the chart, thus, breaking 0.52 will activate the negative effect of this pattern and push the price to continue the bearish trend, as our next target is located at 0.46.



    Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 0.65 level and holding above it.



    Expected trading range for today is between 0.40 support and 0.60 resistance

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    Ripple price managed to touch our main waited target at 0.46 and settles around it now, noticing that the price is organized inside bearish channel that appear on the chart, which supports the chances of continuing the bearish trend in the upcoming period, noting that the next target reaches 0.34.



    Therefore, we will keep suggesting the bearish trend unless breaching 0.57 followed by 0.65 levels and holding above them.



    Expected trading range for today is between 0.34 support and 0.57 resistance

  10. #53
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    Ripple price shows sideways trading since yesterday, keeping its stability inside the bearish channels that appear on the chart, which keeps the bearish trend scenario valid on the intraday and short term basis, waiting to visit 0.34 level that represents our next main target, reminding you that holding below 0.57 and 0.65 levels represents key condition to achieve the waited targets.



    Expected trading range for today is between 0.34 support and 0.57 resistance



    Expected trend for today: Bearish
    http://www.economies.com/crypto/****...-06-2018-52244

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    Ripple price shows sideways trading as appears on the chart, and it continues to fluctuate around 0.45, while it keeps moving inside the bearish channels that appear on the chart, to keep the bearish trend scenario active in the upcoming period, waiting to target 0.34 level as a next main station, reminding you that holding below 0.57 and 0.65 levels is important to continue the expected bearish trend.



    Expected trading range for today is between 0.34 support and 0.50 resistance

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    Ethereum price tests the bearish channel’s resistance line that appears on the chart, accompanied by stochastic return to move within the overbought areas, to form negative factor that supports the continuation of moving inside the mentioned channel, waiting to resume the bearish trend that targets visiting 358.00 level mainly.



    We remind you that the continuation of the suggested bearish trend depends on holding below 485.00.



    Expected trading range for today is between 400.00 support and 500.00 resistance

  13. #56
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    Ripple price rebounds bearishly after testing the bearish channel’s resistance, noticing that the price moves inside a bearish flag pattern formed by the minor bullish channel that appears on the chart, which means that breaking 0.47 will form negative motivate that supports the chances of heading towards our main waited target at 0.34.



    Therefore, we will continue to suggest the bearish trend on the intraday and short term basis unless breaching 0.57 followed by 0.65 levels and holding above them.



    Expected trading range for today is between 0.34 support and 0.57 resistance

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    Ripple price managed to break the bearish flag’s support line mentioned in our last reports, to get a negative motive that supports the chances of continuing the bearish trend in the upcoming sessions, paving the way to head towards our main waited target at 0.34.



    Therefore, we will continue to suggest the bearish trend, supported by moving below the EMA50, conditioned by the price stability below 0.57 and 0.65 levels.



    Expected trading range for today is between 0.34 support and 0.57 resistance

  15. #58
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    Ripple price hovers around the bearish channel’s resistance line, and the EMA50 keeps pressing negatively on the price, while stochastic shows negative signals now.



    Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which its next target located at 0.34, while achieving it conditions holding below 0.52.



    Expected trading range for today is between 0.34 support and 0.52 resistance



    Expected trend for today: Bearish

  16. #59
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    Ripple price continues to fluctuate within tight track, moving at the minor bearish channel’s resistance that appears on the chart, waiting to resume the bearish trend that its next main target located at 0.34.



    Therefore, we will keep our bearish overview on the intraday and short term basis conditioned by the price stability below 0.52.



    Expected trading range for today is between 0.34 support and 0.52 resistance



    Expected trend for today: Bearish

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