Ripple started a fresh decline after it failed to surpass the $0.2400 resistance against the US Dollar. XRP price might revisit the $0.2250 support area before a new bullish wave.
Ripple price is declining and it seems like the bears protected the $0.2400 resistance against the US dollar.
The bulls failed to keep the price above the $0.2350 support area.
There was a break below a key triangle support at $0.2365 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair remains at a risk of more losses if it fails to stay above the $0.2300 support area.
Ripple Price Could Revisit $0.2250
After a steady rise, ripple faced a strong selling interest near the $0.2400 and $0.2410 levels. As a result, XRP price started a downside correction below $0.2380, similar to bitcoin below $9,300.
The bears were able to push the price below the $0.2360 and $0.2350 support levels. More importantly, there was a break below a key triangle support at $0.2365 on the hourly chart of the XRP/USD pair.
Ripple Price
A low is formed near the $0.2293 and the price is currently consolidating losses. It is now trading near the $0.2320 support and the 100 hourly simple moving average.
Besides, the 23.6% Fib retracement level of the recent decline from the $0.2415 high to $0.2293 low is near the $0.2322 level. However, the first key resistance for the bulls is near the $0.2350 area.
On the downside, the $0.2320 and $0.2300 levels are important supports along with the 100 hourly simple moving average. If there is a bearish break below the $0.2300 support, ripple price might extend its decline towards the $0.2250 support area in the near term. Any further losses may lead the price towards the $0.2220 area.
Fresh Increase?
The previous support for ripple near $0.2350 is now close to the 50% Fib retracement level of the recent decline from the $0.2415 high to $0.2293 low.
Therefore, a successful close above the $0.2350 level might start a fresh increase. The first major hurdle is near the $0.2400 and $0.2410 levels. If the bulls manage to surpass $0.2410, the price is likely to revisit the key $0.2500 resistance area in the coming days.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing momentum in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well below the 40 level, with bearish signs.
Major Support Levels – $0.2305, $0.2300 and $0.2250.
Major Resistance Levels – $0.2350, $0.2400 and $0.2410. The post appeared first on NewsBTC. origin »
The SEC has officially dropped its lawsuit against Ripple, marking a major victory for XRP. With legal uncertainty gone, some predict XRP could see massive gains, potentially surging 10X. On the other hand, there is an innovative project StratoVM that could steal the show as it records a remarkable price surge, soaring 1214% in value [...]
XRP price prediction points to a 1,500% surge if the SEC approves an ETF. Could Ripple finally reach $27 and break resistance? Ripple’s wild ride Ripple (XRP) has experienced a rollercoaster ride in recent months, capturing the market’s attention with…
Ondo Finance will launch its OUSG fund on the XRP Ledger. The partnership with Ripple expands accessibility to tokenized US Treasuries funds to institutional investors. Ripple introduced OpenEden’s TBILL on XRPL in August last year.
Ripple’s XRP token, one of the most popular cryptocurrencies in the world, has surged close to 600% in the last 3 months. With such a wild increase, it is important to address the following question: Who owns the most Ripple…
Ripple’s XRP token, one of the most popular cryptocurrencies in the world, has surged close to 600% in the last 3 months. With such a wild increase, it is important to address the following question: Who owns the most Ripple…
Ripple executives have slammed the SEC’s decision to file an appeal
XRP ETF approval odds were at 50/50 at press time, depending on the new administration.
Ripple's leadership has slammeThe post XRP News update - ‘Gensler's war on crypto ends,’ says Ripple exec after SEC's appeal appeared first on AMBCrypto.
Ripple Labs, the company behind the cryptocurrency XRP, is poised for significant growth under President-elect Donald Trump's administration. The anticipated shift towards more crypto-friendly policies is expected to create a favorable environment for Ripple's operations and the XRP token's market performance.
Ripple price rose for three consecutive days as Bitcoin and other altcoins rebounded on the first trading day of the year, hinting at a potential January Effect. Ripple (XRP) climbed to $2.40 on Thursday, marking its highest level since Dec.…
Ripple’s XRP has consistently been a focal point of the cryptocurrency market, celebrated for its efficiency in cross-border payments and its unique position within the blockchain ecosystem.
As Bitcoin and Ethereum post minor gains since last weekend, Ripple’s XRP joined the league and increased by 12% in the last 24 hours. It currently looks set for another upsurge following a bounce back.
За последние три дня киты значительно пополнили свои запасы токенов Ripple (XRP). Такое сильное давление покупателей способно поддержать рост альткоина в ближайшие дни. Разбираемся, что происходит на рынке Ripple (XRP) и до каких уровней может взлететь альткоин.
Ripple's RLUSD stablecoin launches Dec 17, driving XRP gains and expanding Ripple's payment solutions for global enterprise transactions.
The post Ripple’s RLUSD Stablecoin to Launch on December 17, As XRP Surges 8% appeared first on BeInCrypto.
Ripple’s XRP token rose more than 10% following the New York Department of Financial Services (NYDFS) approval of the company’s U.S. dollar-backed RLUSD stablecoin, according to announcements made by Ripple’s CEO, Brad Garlinghouse, on December 10.
Now ranked third among all cryptocurrencies globally, Ripple has lately tapered its activities. It is not only a wonderful day for the leaders of XRP but a momentous occasion for the Chief Technology Officer at Ripple, who has just marked twelve years of service with the company.
The Ripple price went parabolic in November, making it one of the best-performing cryptocurrencies. Ripple (XRP) surged to a high of $2.50, climbing over 400% from its monthly low. This rally pushed its market cap beyond $130 billion, allowing it…
Ripple’s native cryptocurrency, XRP, became one of the top five cryptocurrencies by market cap for the first time amid bullish industry sentiment. At $97 billion, Ripple (XRP) leapfrogged Binance’s BNB Coin (BNB) and its $95 billion market cap during a…
XRP’s price rose for two consecutive days as traders awaited the closely watched U.S. election, which could have significant implications for Ripple. Ripple (XRP) rose to an intraday high of $0.52 on Nov. 5, up 5% from its lowest level…
The XRP price has remained under pressure this month after it emerged that Chris Larsen, Ripple’s co-founder, was funding Kamala Harris for president. Ripple was trading at $0. 50, a few points above $0.
A popular crypto analyst discussed the case for one of the most bullish price predictions for Ripple. In an X post, Armando Pantoja, an analyst with nearly 20,000 followers, predicted that Ripple (XRP) could reach between $25 and $100 in…
In the YouTube video titled “How Ripple XRP gets to $100!” posted by Cheeky Crypto, the analyst explores the potential for Ripple’s XRP to embark on a significant bullish run, reminiscent of its 2017 performance.
Ripple’s token has recovered after bottoming at $0. 5078 on Oct. 3 following the announcement of its new US dollar stablecoin. Ripple (XRP) was trading at $0. 5500, bringing its market capitalization to $31.
XRP, the native token of Ripple, experienced a significant decline of over 12% on Thursday, dropping to 51 cents per coin, following the US Securities and Exchange Commission’s (SEC) announcement to appeal a pivotal court ruling.
The SEC's recent appeal in the Ripple case puts the future of the XRP ETF and Ripple's market status in doubt.
The post SEC files appeal in Ripple case, putting XRP ETF on hold appeared first on Crypto Briefing.
In a massive move, Ripple whales have transferred 400 million XRP within 24 hours, setting their sights on ETFSwap for potential game-changing opportunities.
While cryptocurrencies reflected increased optimism, with analysts forecasting historical surges in the coming month, new developments regarding the Ripple vs. SEC battle cast a shadow of uncertainty within the XRP community.
Despite underwhelming market conditions, innovations continue in the crypto space. The fintech company Ripple announced plans to introduce smart contracts to the XRP Ledger mainnet, accelerating innovation and attracting developers.
После решения суда в пользу XRP Ripple в деле против Комиссии по ценным бумагам и биржам (SEC) ожидается, что стоимость токена заметно повысится. По итогам давней судебной тяжбы суд обязал Ripple выплатить штраф в размере $125 млн, при этом XRP не будет классифицирован как ценная бумага.
XRP issuer Ripple is advancing on stablecoin plans after CEO Brad Garlinghouse teased the idea during Consensus 2024. Ripple (XRP) has begun work on a fiat-pegged token called the Ripple USD, or RLUSD, as the company eyes a $160 billion…
Crypto markets saw an XRP god candle after the Ripple v. SEC ruling, but AMLBot’s CEO warned that an appeal from the agency could stall price momentum. Last year, Ripple’s (XRP) initial triumph over the SEC lifted markets. Sentiment that…
Ripple price staged a strong comeback this week after the developers won an important case in the United States. Ripple’s big win vs SEC Ripple (XRP) token rose for the third consecutive day and reached a high of $0.6430, 48%…
U.S. District Judge Analisa Torres has imposed a $125 million fine on Ripple Labs for violating securities laws. In a judgment delivered on Aug. 7, Judge Torres found that 1,278 institutional sales of Ripple (XRP) went against section 5 of…
A blockchain investigator discovered a series of dormant XRP wallets linked to Ripple co-founder Chris Larsen, which had over 2. 7 billion XRP. These holdings are worth around $7. 18 billion. Some of these wallets had been idle for six to seven years before unexpectedly reactivating in January 2025.
The cryptocurrency market faced a sharp downturn on Tuesday, wiping out the gains spurred by President Donald Trump’s weekend announcement of a U.S. strategic crypto reserve.
Bitcoin has wiped out recent gains with a 10% dump in the past 24 hours; the same as Ethereum price. This happens as the US began its tariffs program against Canada and Mexico, with the investor reaction to the trade war telling as risk assets plummeted.
A dramatic event has unfolded as a direct result of former President Donald Trump’s latest executive order: a major player in the cryptocurrency market is now desperately trying to save a huge short position on XRP.
On March 2, US President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in a newly formed Crypto Strategic Reserve, an initiative designed to integrate these digital assets into the country’s broader economic and monetary plans.
The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump’s announcement regarding a crypto reserve.
Following US President Donald Trump’s announcement of a Crypto Strategic Reserve, some industry figures have questioned the possibility of its establishment. Market watchers have also expressed concern about the longevity of the Trump-fueled market recovery.
