• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Ripple News

Ripple price prediction: XRP to $0.36, analyst

Johnson Go by Johnson Go
Jan 14, 2021 08:38 am
in Ripple News
3 min read
Ripple price prediction XRP to $0.36, analyst
585
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Ripple price prediction expects a rise to $0.36.
  • Strong resistance lies at the $0.31 mark.
  • Strong support lies at the $0.29 mark.

Ripple has been facing some problems recently, to say the least. After strong corrections overtook the cryptocurrency market, all major cryptocurrencies appear to be picking up the pace now. However, Ripple is lagging far behind most cryptocurrencies as it is very bearish. The daily low for the cryptocurrency was $0.2835, while the 24-hour high $0.3096. At the time of writing, the Ripple price stands at $0.2978. 

Ripple price prediction: XRP to $0.36, analyst 1
Ripple price chart by Trading View

The market sentiment for Ripple is bearish as 12 out of the 28 technical indicators are giving out a signal of sell. Out of the rest, nine indicators are neutral whereas seven are of buy. Eight of the oscillators are neutral with two indications of buy and one of sell. 11 of the seventeen moving averages are at sell, five are buy and one is neutral. 

RelatedPosts

Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

Ripple price prediction: Ripple retraces after setting ATH at $1.50, further downside expected today

Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

Ripple price prediction: XRP heads to $1.5 as bears run for cover

Ripple price predictions: What to expect?

Analyst Hexa Byte X has identified various formations in their Ripple price prediction. Foremost, the analyst has identified Ripple’s price action to be operating in a descending channel formation since December of 2020. Although the cryptocurrency has broken out of the formation many times, it is currently operating in the structure with the upper boundary acting as strong resistance and the lower boundary as crucial support.  The analyst has also identified a broader triangle formation.

Ripple price prediction: XRP to $0.36, analyst 2
Ripple price prediction by Hexa Byte X

The future price action of the cryptocurrency depends on which structure it continues to validate. If Ripple continues in the descending channel formation, the price can be expected to continue to fall with some positive corrections as the cryptocurrency tries to break out of the upper boundary. After reaching a price of $0.17, Ripple can break out of the formation upwards. If Ripple validates the triangle formation, then the price outlook is more optimistic. Operating inside the triangle, Ripple can reach as high as $0.46 before finally breaking out to an optimal level of $0.70. 

Analyst Jaguarchaman is of the opinion that Ripple is one of the most valuable long-term cryptocurrencies as it can be adopted by banks as their currency and, hence, expects Ripple to rise to staggering highs in the upcoming days. Based on past price action trends, the analyst has identified an upward trajectory for the cryptocurrency in their Ripple price prediction. Before the 2018 highs were established, Ripple crashed. A similar trend can be seen currently, and if it is validated, then Ripple will cross the $1 mark and reach as high as $4. 

Analyst Galice has identified a short-term bullish butterfly by the cryptocurrency’s price action in their Ripple price prediction. The previous bullish butterfly had supported the price action along the blue arrow line. The analyst suspects that the current butterfly will do the same with the new blue arrow line. If this happens, Ripple can go as high as $0.4 before it faces strong resistance, and if it breaks the resistance, it can go to $0.44. If this does not hold, then Ripple can be expected to fall to the orange support line with a price in the range of $0.23. 

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Tags: cryptocurrency trading
Johnson Go

Johnson Go

Blockchain enthusiast, project management specialist, writer and crypto investor. JG deals mostly with problems and solutions of crypto projects and provides market outlook for investments. He contributes his analytical skills to projects.

Related Posts

Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0
Ripple News

Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

2021-04-13 18:00 pm
Ripple Price Prediction 2021-04-12
Ripple News

Ripple price prediction: Ripple retraces after setting ATH at $1.50, further downside expected today

2021-04-12 08:20 am
Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63
Ripple News

Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

2021-04-10 21:59 pm
Ripple price prediction XRP heads to $1.5 as bears run for cover
Ripple News

Ripple price prediction: XRP heads to $1.5 as bears run for cover

2021-04-09 18:59 pm
Ripple Price Prediction
Ripple News

Ripple Price Prediction: XRP outdoing itself as bulls devoted to pushing it past $1 mark

2021-04-07 14:17 pm
XRP Price Prediction
Ripple News

XRP Price Prediction: Ripple surges past the $1 mark for the first time since 2018

2021-04-06 21:20 pm

Follow Us

  • 51k Fans
  • 8.3k Followers

Popular News

  • Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    1299 shares
    Share 520 Tweet 325
  • DOGE Price Prediction: Dogecoin to the moon, to hit its $0.2 target after safeguarding support

    1228 shares
    Share 491 Tweet 307
  • Cardano price prediction: ADA fails to break above $1.50, what’s next?

    1155 shares
    Share 462 Tweet 289
  • XRP Price Prediction 2021, 2023, 2025, 2030

    1048 shares
    Share 419 Tweet 262
  • Dent Token Prediction for 2021 – 2025

    933 shares
    Share 372 Tweet 233

Latest News

Ethereum Price Prediction 2021-04-16

Ethereum price prediction: Ethereum retests $2,300, prepares for another move higher over the weekend 

April 16, 2021
ARK Invest bought additional $110 million worth of Coinbase shares

ARK Invest bought additional $110 million worth of Coinbase shares

April 16, 2021
Turkey central bank sets to ban payment in cryptocurrency

Turkey central bank sets to ban payment in cryptocurrency

April 16, 2021
Dogecoin

Dogecoin price surge to new all-time high price at $0.3

April 16, 2021
Litecoin price

Litecoin price prediction: LTC rejected at $300, what’s next for the crypto?

April 16, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News

Binance News
Ripple News
Cardano News

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 3

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.