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Full credit for this video to NewsBTC who listed the data on this video on an article on their web site: https://www.newsbtc.com/?s=Ripple%20%28XRP%29%20Price%20Could%20Bleed%20Despite%20Bitcoin%20Price%20Surge
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Transcript:
0:00:00 Ripple (XRP) Price Could Bleed Despite Bitcoin Price Surge
0:00:04 This replace is delivered to you by “CoinCheckup News Updates” and was initially printed on “NewsBTC”.
0:00:11 Ripple worth remained in a bearish zone and didn’t get well above $0.2980 in opposition to the US greenback.
0:00:18 The worth is presently buying and selling close to the $0.2910 help and stays at a threat of extra losses.
0:00:25 This week’s highlighted bearish development line continues to be intact with resistance close to $0.2950 on the hourly chart of the XRP/USD pair.
0:00:34 The pair is presently below stress and it might spike beneath the $0.2900 help earlier than a recent enhance.
0:00:42 Ripple worth is struggling to start out a rebound in opposition to the US Dollar and declined versus bitcoin.
0:00:47 XRP should break the $0.2950 and $0.2980 resistance ranges to start out a powerful upward transfer.
0:00:57 Recently, there was an upward transfer from the $0.2910 help space in ripple worth in opposition to the US Dollar.
0:01:04 The XRP/USD pair traded above the $0.2950 and $0.2960 resistance ranges.
0:01:13 The worth even examined the $0.3000 stage, but it surely didn’t retain good points.
0:01:19 As a outcome, there was a recent decline beneath the $0.2980 stage and the 100 hourly easy transferring common.
0:01:27 There was a transparent failed try close to $0.3000 and the value is presently buying and selling properly beneath the $0.2950 stage.
0:01:36 It traded to a brand new weekly low at $0.2901 and it stays at a threat of extra losses.
0:01:43 Recently, there have been a few swing strikes above the 23.6% Fibonacci retracement stage of the final drop from the $0.2996 excessive to $0.2901 low.
0:01:55 However, the damaged help close to the $0.2950 stage acted as a resistance.
0:02:01 Besides, the 50% Fibonacci retracement stage of the final drop from the $0.2996 excessive to $0.2901 low capped the upward transfer.
0:02:12 More importantly, this week’s highlighted bearish development line continues to be intact with resistance close to $0.2950 on the hourly chart of the XRP/USD pair.
0:02:23 Thanks for checking this video! If you wanna learn the entire article you may go to CoinCheckup.com or go to: “NewsBTC”, who initially printed this information replace on their web site.
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