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Sideways from the downward trend read

article XRP course analysis KW04 -:

the last week was marked by an end of the downturn and the transition into a sideways rising trend ripple led to a rate of current 1.10 euros.


  • of ripple rate has fallen this week.
  • Moves after breaking out of the existing since early January downturn ripple in a sideways trend.
  • The most important support is 0.93 euro, the most important Kurzzeitresistance at 1.18 euros.

A short note at the beginning: The exponential moving averages have been changed. Although the consideration of development over the last weeks of an or two is interesting, however far more traders with round amounts is averaged over the work. Not completely differ from the previous examination, be chosen EMA50 and EMA100. This corresponds to about the exponential moving average over a week (plus 8 hours) and two weeks (plus 16 hours).

To ripple: the current dormant period did well the course. There was indeed no dramatic price gains, however, the current downward trend has been breached in a sideways movement. Whether this move now to a new spring for ripple leads? So far the exponential moving average EMA100 and EMA50 were not breached in any case yet. What is positive, is that the movement of recent days, overlooking the course minimum of 17 January, a light upward trend follows.

(second panel from the top) MACD is slightly negative, but the MACD line (blue) of the signal (orange).

(third panel from the top) RSI is located at 48 and is therefore neutral to slightly bearish.

Overall the situation according to course and trend indicators is neutral .

The most important support is described by the minimum of 22 January and to 0.93 euros. This support should be breached, the old downward trend would be restored and the next major support at 0.71 euros.

The most important resistance is currently described by the EMA50. Should this breached be, the current Seitwätstrend would come to an end. A next resistance on the way to new heights is described by the maximum 1.45 euros.

Disclaimer: The rate estimates shown on this site represent no buy or sell recommendations. You are only an estimate of the analysts.


image based on data from at 08:00 on the 25th January 2018 created

about Dr. Philipp Giese

 Dr. Philipp Giese Dr. Philipp Giese works as an analyst for BTC-ECHO and is on the areas of chart analysis and technology Specialized. Also he actively engaged in the crypto community – online as a central point of contact in the slack BTC-ECHO channel, as well as offline as a speaker and interviewer he always maintains the Exchange with startups, developers and visionaries. The PhD physicist can draw on many years of experience as a project manager and technology consultant. Philipp delights here not only for the technological dimension of Kryptowährungen, but also for the underlying socio-economic vision for many years.

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