Ripple Price Analysis – 3rd December 2021
Ripple Price Analysis - 3rd December 2021
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.
Ripple Price Analysis – Large move on the horizon
Ripple (XRP) is currently the number three cryptocurrency by market capitalization, largely due to its total supply of ~100 billion XRP. The cryptocurrency is sold and managed by a company of the same name, Ripple, founded in 2012 by Chris Larsen and Jed McCaleb.
