Cryptocurrencies: Ripple disaster or catastrophe, last wall collapses?

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Key moment, difficult and probably decisive, on the cryptocurrency market, per Ripple (XRP) than in last 24 hours has precipitated under $ 0.18. This is a downward breach which, second Summer sheikh on the place cryptopotato.com, it could be catastrophic considering what it is on cryptocurrency the current technical and graphical price scenario.

Ripple in the next few hours, risk of falling up to $ 0.16?

For the moment Ripple found in $ 0.175 area good support, but on closures below this level, according to the graphical analysis of Summer sheikh, there are for the XRP cryptocurrency spaces for ruinous falls until the test of the 0.16 against the greenback.

The RSI on XRP may indicate a drop in bear pressure

L’RSI its Ripple has fallen in oversold conditions, yesterday’s trading day, but managed to rebound today. The sellersas a result, they still have control of market dynamics on XRP, but if the RSI continues to rise towards line 50, then this would indicate that the dynamics of the sale is fading according to the editor of cryptopotato.com.

Upward ripple, here are the three key short-term resistances

Then, to the upside, the first level of resistance Ripple is expected to $ 0,185. The next resistance lies in $ 0,192, and then a $ 0,20 where it currently passes the 100-day moving average.

The operational levels on Ripple for XRP trading with supports and resistances

Per operate in the short term its Ripple (XRP), Yaz Sheikh has fixed, with supports and resistances, the following operational levels:

• Supports Ripple at $ 0.175, $ 0.171 and $ 0,157;
• Resistors XRP at $ 0.185, $ 0.192 and $ 0,20.

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