Ripple is struggling to clear the $0.2025 and $0.2050 resistance levels against the US Dollar. XRP price is currently correcting lower and it could extend its decline towards $0.1920 or $0.1880.
Ripple price is showing a few bearish signs below the $0.2025 resistance against the US dollar.
It seems like the bulls are struggling to clear the $0.2025 and $0.2050 resistance levels.
There was a break below a key contracting triangle with support near $0.2000 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to decline towards the $0.1920 support or $0.1880.
Ripple Price Could Correct Gains
In the past two days, ripple made a couple of attempts to clear the $0.2025 and $0.2050 resistance levels. However, XRP failed to gain strength above $0.2025 and remained in a range.
The recent high was formed near $0.2026 and the price is currently correcting lower. It broke the 23.6% Fib retracement level of the recent wave from the $0.1949 low to $0.2026 high.
There was also a break below a key contracting triangle with support near $0.2000 on the hourly chart of the XRP/USD pair. The pair is now showing a few bearish signs below the $0.2000 pivot level.
Ripple Price
Ripple is currently testing the $0.1985 level or the 50% Fib retracement level of the recent wave from the $0.1949 low to $0.2026 high. If there is a downside break below the $0.1980 level, the price is likely to accelerate lower in the near term.
In the mentioned case, the price is likely to extend its decline towards the $0.1920 support area. The 100 hourly simple moving average is also waiting near the $0.1920 level to provide support. Any further losses may perhaps call for a test of the key $0.1880 support level.
Key Hurdles
On the upside, there are two major hurdles for ripple bulls near the $0.2025 and $0.2050 levels. To start a convincing rally, the price must gain bullish momentum above $0.2025 and then surpass $0.2050.
A successful close above the $0.2050 resistance area could open the doors for more upsides towards the $0.2100 and $0.2150 levels in the near term.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is about to move into the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now just below the 50 level.
Major Support Levels – $0.1980, $0.1920 and $0.1880.
Major Resistance Levels – $0.2000, $0.2025 and $0.2050.
Take advantage of the trading opportunities with Plus500
Risk disclaimer: 76.4% of retail CFD accounts lose money. origin »
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…
Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token’s recent momentum.
Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. Related Reading: No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due to the positive outlook on the industry.
The XRP price recently surged to a three-year high of $1. 6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price.
Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5. 85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent.
On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during the past day.
On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.
On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently.