FXOpen Broker

10+ years’
experience in FX

VISIT WEBSITE

Trading Accounts

ECN, STP,
Micro, Crypto

START TRADING

Try Free Demo

Practice Forex trading
risk free

OPEN DEMO ACCOUNT

PAMM Technology

Become a Master
or a Follower

JOIN PAMM SERVICE
Page 9 of 9 FirstFirst ... 56789
Results 121 to 121 of 121

Thread: Ripple Analysis

  1. #121
    Super Moderator
    Join Date
    Oct 2018
    Posts
    163
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 145 Times in 39 Posts

    Default

    XRP/USD
    From last Monday till Friday the price of Ripple has decreased by around 12% coming from $0.33141 to $0.2908 at its lowest spike but started recovering over the weekend when it reached $0.3065 on Sunday. Since then the price has been decreasing again as it fell to its most significant horizontal support level at $0.29405 which was retested for support. Currently, the price is being traded slightly higher as the support was there but there haven’t been any signs of interest for the buyer’s side since then as we haven’t seen a strong recovery.



    The price is in a downward trajectory which can lead to another test of the horizontal level but the price could continue moving below the significant level as it might not hold for much longer. Considering that the price fell by 42% in one go from the 1.272 Fib level where it got rejected and has formed a horizontal range with a lower high, this range could be interpreted as a consolidative move before the downfall continues.

    Read more on FXOpen blog...
    Attached Thumbnails Attached Thumbnails btcusd-1h-1-768x359.png  

Page 9 of 9 FirstFirst ... 56789

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2019 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us