21.03.202507:18 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday March 21, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

If we look at the 4-hour chart of the Ripple cryptocurrency, there appears to be a Divergence between the Ripple price movement and the Stochastic Oscillator indicator and the appearance of the Bullish 123 pattern followed by the Bullish Ross Hook (RH). These two facts provide information that in the near future Ripple has the potential to strengthen where the level of 2.6202 will be tested to be broken and closed above it. If successful, Ripple will continue to strengthen again to 2.7635 and if the strengthening momentum and volatility support 2.9953 will be the next target to be targeted, but if there is a significant correction to breaks and close below the level of 2.3084, all the strengthening scenarios that have been described earlier will become invalid and canceled by themselves.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex

Download MetaTrader 4 and open your first trade