Ripple Price Analysis: XRP/USD Upsides Could be Capped Near $0.2900

2018-9-13 10:00

Key Highlights Ripple price started a short-term upward move towards the $0.2700 resistance area against the US dollar. Yesterday’s highlighted two bearish trend lines with resistance at $0.2600 and $0.2690 were breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is correcting higher, but it is likely to face a lot of hurdles near $0.2750, $0.2800 and $0.2900.

Ripple price has recovered a few points against the US Dollar and Bitcoin. XRP/USD is likely to face a strong resistance near the $0.2900 level.

Ripple Price Recovery

Yesterday, we discussed how Ripple price struggled below the $0.2800 level and declined towards $0.2500 against the US Dollar. The XRP/USD pair traded as low as $0.2492 and later started an upside correction. The price moved higher and broke the $0.2600 and $0.2650 resistance levels. The upside move was positive as there was a break above the $0.2700 resistance as well.

Besides, the price surpassed the 50% fib retracement level of the recent decline from the $0.2899 high to $0.2492 low. Additionally, yesterday’s highlighted two bearish trend lines with resistance at $0.2600 and $0.2690 were breached on the hourly chart of the XRP/USD pair. The price is now trading with a positive angle above the $0.2700 level and the 100 hourly simple moving average. However, there are many resistances for buyers near the $0.2750 and $0.2800 levels. The 76.4% fib retracement level of the recent decline from the $0.2899 high to $0.2492 low is also at $0.2800.

Looking at the chart, ripple price could continue to correct higher as long as it is above $0.2650. However, buyers are likely to struggle near the $0.2750 and $0.2800 resistances. Above $0.2800, the next major hurdle and a pivot level is at $0.2900.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is slightly placed in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is well above the 50 level.

Major Support Level – $0.2650

Major Resistance Level – $0.2800

The post Ripple Price Analysis: XRP/USD Upsides Could be Capped Near $0.2900 appeared first on NewsBTC.

origin »

Ripple (XRP) на Currencies.ru

$ 2.1117 (+1.33%)
Объем 24H $3.115b
Изменеия 24h: 3.85 %, 7d: 2.73 %
Cегодня L: $2.0276 - H: $2.1117
Капитализация $127.401b Rank 4
Цена в час новости $ 0.2827 (646.98%)

ripple xrp usd price pair 2900 near

Источник: newsbtc.com

ripple xrp → Результатов: 126


The "XRP Killer" Prediction: How Digitap ($TAP) is Forecast to Absorb Billions from Ripple's Market Cap

After days of red candles and growing investor fatigue, Ripple (XRP) is losing its grip on the payments crown. Even as Evernorth’s billion-dollar treasury deal made headlines, the Ripple coin price The post The "XRP Killer" Prediction: How Digitap ($TAP) is Forecast to Absorb Billions from Ripple's Market Cap appeared first on AMBCrypto.

2025-10-23 18:00


Ripple’s ISO 20022 Advantage: Analyst Explains the Long Game for XRP Supporters

A new post by fintech commentator Vincent Van Coode has sparked conversation in the XRP and broader crypto community. His take highlights Ripple’s unique positioning within global finance, pointing out that one of Ripple’s biggest challenges – and opportunities – lies in connecting thousands of disparate, legacy systems still used by banks worldwide.

2025-9-7 14:00


Ripple и SEC отозвали апелляции: дело по XRP официально закрыто

Комиссия по ценным бумагам и биржам (SEC) и Ripple Labs прекратили многолетнюю судебную тяжбу, подав совместное заявление об отзыве апелляций по делу о статусе токена XRP. Компании договорились завершить спор, который длился почти пять лет и стал одним из самых значимых регуляторных дел в криптовалютной индустрии.

2025-8-8 08:41


Ripple станет банком XRP, — мнение основателя Bitwise

Недавно CEO Bitwise заявил, что Ripple в течение года может превратиться в XRP treasury company. Проще говоря, компания Ripple станет банком, который владеет огромными запасами XRP и зарабатывает на этом.

2025-7-11 17:19


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP Ready For The 5th Wave: Analyst Says Don’t Fight It

XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2. 50 before rebounding around $2. 12 and now hovering around $2. 30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure.

XRP Bear Signal Triggered: Will The Top Altcoin Drop 70-80% From Here?

XRP has been a top performer during this recent bull market, beating Ethereum and almost all other cryptocurrencies in ROI. But could a recent bearish signal suggest the top altcoin could drop by 70-80% from current levels? XRP Triggers Bearish Crossover of Monthly LMACD XRP monthly LMACD has crossed bearish for the third-time ever The two past bearish crossovers resulted in an 87% and 71% drawdown AFTER the signal fired The signal is still unconfirmed, so bulls must push price much higher this month or risk seeing the signal confirm pic.

XRP On The Edge: Will Support Hold Or Unleash A Breakdown?

XRP has been on a consistent downward trend since the beginning of the just concluded week. A steady flow of consecutive bearish candles on the daily timeframe has pulled the price lower each day, eventually guiding it toward an important support at the time of writing.