Ripple Price Analysis – 3rd December 2021
Ripple Price Analysis - 3rd December 2021
SEC charges Ripple – and other major enforcement actions of 2020
While RIpple and several other crypto organizations and personalities were hit by the SEC in 2020, it was actually mainstream brands like Wells Fargo, Morgan Stanley, and Goldman Sachs that once again featured most prominently in 2020 enforcement actions.
Ripple Price Analysis – Speculative mania leads to multi-year price high
Technicals for the XRP/USD pair are bullish, with the spot price above both the 200-day EMA and the daily Cloud. Technicals for the XRP/BTC pair are also the most bullish they’ve been in years.
Ripple Price Analysis – Technicals for USD pair lean neutral to bearish
On-chain fundamentals for XRP have been difficult to read because of a recent spam attack and funds rotating in an out of escrow. Technicals for the XRP/BTX pair are bearish and for the XRP/USD pair suggest a Golden Cross may be surpassed by a Death Cross.
Ripple Price Analysis – Death cross looms
Technicals for the XRP/USD pair are neutral to bearish, with the spot price above the 200-day EMA but below the daily Cloud.
Ripple Price Analysis – Golden Cross in USD markets
A Golden Cross recently occurred in the XRP/USD markets, which last occurred in May 2019. Technicals indicators for the pair are broadly bullish, as the spot price has also crossed above both the 200-day EMA and the daily Cloud.
