Ripple is up around 10% and it broke the key $0.1650 resistance zone against the US Dollar. XRP price remains in a nice uptrend and it could continue to rise towards $0.2000.
Ripple price started a strong rise above the $0.1640 and $0.1650 resistance levels against the US dollar.
The bulls were able to push the price above $0.1750 and a high was formed near $0.1808.
There is a short term contracting triangle forming with resistance near $0.1780 on the hourly chart of the XRP/USD pair (data source from Kraken).
The price could correct a few points in the near term, but dips remain supported near $0.1700.
Ripple Price is Surging
Yesterday, we discussed the chances of a strong rally in ripple above the $0.1640 and $0.1650 resistance levels. XRP price did break the $0.1650 resistance area to start a solid upward move.
It broke the $0.1720 resistance and settled nicely above the 100 hourly simple moving average. The upward move gained pace above the $0.1750 level and the price traded to a new weekly high at $0.1808.
The price is currently correcting lower and trading below $0.1780. There was a break below the 23.6% Fib retracement level of the upward move from the $0.1605 low to $0.1808 high.
It seems like there is a short term contracting triangle forming with resistance near $0.1780 on the hourly chart of the XRP/USD pair. If there is an upside break, ripple price is likely to continue higher above the $0.1800 resistance area.
Ripple Price
In the stated case, the price is likely to surge above the $0.1808 high and $0.1820. The next major resistance is near the $0.1880 level, above which the bulls are likely to aim a test of the $0.2000 barrier in the near term.
Downside Correction?
If ripple fails to continue above the $0.1780 and $0.1800 resistance levels, it could start a downside correction. The first major support is near the $0.1705 area. It is close to the 50% Fib retracement level of the upward move from the $0.1605 low to $0.1808 high.
The next major support is near the $0.1650 area (the recent breakout resistance), where the bulls are likely to take a strong stand.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now gaining momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 70 level and it is in the overbought zone.
Major Support Levels – $0.1750, $0.1705 and $0.1650.
Major Resistance Levels – $0.1780, $0.1800 and $0.1850.
Take advantage of the trading opportunities with Plus500
Risk disclaimer: 76.4% of retail CFD accounts lose money. origin »
Ripple price remains in a deep bear market as the softness in the crypto industry continued this week. Ripple (XRP) has dropped by 30% from its January high, erasing most of the gains made earlier this year. This retreat aligns…
Ripple is still trending in the international money transfer space, with its ODL solution helping banks move funds faster and cheaper than ever before. As more financial institutions jump on board and new partnerships keep rolling in, some market participants are discussing whether XRP’s price could hit $25 – especially given the growing demand for [...]
Ripple has seen some significant price appreciation in recent times. However, the whole momentum is slowing, and investors are already looking to smaller-cap cryptocurrencies that can offer ground-floor opportunities for investment in 2025.
XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple (XRP) price was trading at $2.2 after falling 25% from its highest point this year,…
Ripple price had its best month on record, helped by numerous catalysts, including the rumored partnership with Swift, recent Trump win, and the upcoming RLUSD stablecoin launch. The XRP token jumped to a high of $1.
Ripple price is in a strong bull run, fueled by positive momentum and favorable ecosystem developments. Ripple (XRP) has risen for four consecutive weeks, reaching $1.70, its highest level since May 2021. The token has surged by over 240% this…
XRP, Ripple Labs' flagship crypto, is well-acquainted with rigorous price swings, and recent trends in its chart make the next price action more consequential.
Ripple (XRP) traders reduce high-risk bets as price drops to $0.59, with caution growing amid overbought signals and weakening sentiment.
The post Ripple (XRP) Traders Scale Down Big Moves Following Price Dip appeared first on BeInCrypto.
XRP, the native cryptocurrency of the fintech company Ripple, started the new month on a sour note, with its price suffering a significant drop of just over 7% over the past 24 hours. Notably, apart from factors affecting the wider crypto sector, this dip was exacerbated by the abrupt cancellation of another highly anticipated closed-door meeting between […]
Ripple's XRP price could see some drawdown in the coming days as the altcoin attempts to escape the symmetrical triangle, with minimal support from investors.
The post Ripple’s XRP Faces Risk of Steeper Price Correction appeared first on BeInCrypto.
XRP has struggled to a higher degree compared to the others in the top 10 cryptocurrencies by market cap and it seems like the bearish sentiment is far from over. Ripple just unlocked a massive amount of tokens from escrow, which could threaten the price further.
Ripple price could note further drawdown owing to the increasing bearishness in the crypto market. Consequentially, the investors will face losses, higher than expectations.
The post Ripple (XRP) Price Prediction: Losing This Support Could Erase March Profits appeared first on BeInCrypto.
On-chain data examines how recent whale accumulation could propel Ripple (XRP) price in the days ahead.
The post Ripple (XRP) Millionaire Investors Spotted Moving $60 Million. Is Another Price Rally Incoming? appeared first on BeInCrypto.
Ripple price rejected the $0.55 resistance level as the bears rebuffed an early rebound attempt.
Key indicators suggest that a rebound could soon be imminent.
The post Is Ripple (XRP) on the Verge of a Price Breakout? — Key Indicator Anticipates 20% Gains appeared first on BeInCrypto.
The Ripple XRP price is approaching the end of its long-term pattern. A decisive movement is expected soon.
The post Ripple XRP Price Looking Strong Despite Crypto Market Turmoil appeared first on BeInCrypto.
Ripple (XRP) has had a dismal year so far. But as the court case with the SEC draws to a close, what is the outlook for price?
The post Ripple (XRP) Price Prediction: Can We Expect Imminent Movement? appeared first on BeInCrypto.
Ripple (XRP) price is trading comfortably above the $0.50 mark as bulls look to consolidate before pushing towards the next resistance line at $0.65. Fundamental analysis: Ripple buys a 40% stake in an Asian cross-border payments provider Tranglo Ripple has bought a large stake in Tranglo, a cross-border payments provider in a bid to satisfy […]
The post Ripple (XRP) price prediction for April appeared first on Invezz.
Ripple (XRP) price is trading over 12% higher this week despite a correction in Bitcoin. As a result, the price action has broken out of the consolidation range. Fundamental analysis: Judge drops a “bombshell”, says XRP has currency value and utility In the latest court session between the SEC and Ripple, Attorney Jeremy Hogan said […]
The post Ripple (XRP) price is breaking out.
Ripple (XRP) price has continued to trade lower in the recent days with the price action now dipping below the key bull/bear line at $0. 50. Fundamental analysis: Co-founder of Ripple dumped $86.
Ripple is up over 2% and it is showing positive signs above the $0. 2400 resistance zone against the US Dollar. XRP price is likely to accelerate gains if it clears the $0. 2500 resistance. Ripple price started consolidating gains after it rallied towards the $0.
Ripple failed to stay above the $0. 2200 support and declined recently against the US Dollar. XRP price is showing bearish signs and it could continue to dive towards $0. 2000. Ripple price topped near the $0.
Ripple is up more than 10% and it broke the key $0. 2000 resistance area against the US Dollar. XRP price is showing positive signs, suggesting a similar breakout in bitcoin above $8,000. Ripple price succeeded in clearing a major resistance near $0.
Ripple started a downside correction from the $0. 2050 resistance against the US Dollar. XRP price tested the $0. 1900 support area and it is currently rising towards $0. 2000. Ripple price is trading nicely above the $0.
Ripple is rising steadily from the $0. 1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum. Ripple price is slowly gaining bullish momentum above the $0.
Ripple is down more than 5% and it broke the $0. 1550 support region against the US Dollar. However, XRP price is still trading nicely above the key $0. 1450 and $0. 1420 support levels. Ripple price started a fresh decline from the $0.
Ripple is up more than 10% and it broke the $0. 1550 resistance region against the US Dollar. However, XRP price is lacking strength and pointing a fresh decrease in the near term. Ripple price is up more than 10% and it tested the $0.
Ripple is trading nicely above the $0. 1200 and $0. 1300 support levels against the US Dollar. XRP price seems to be preparing for the next key break above the $0. 1600 resistance area. Ripple price is currently recovering from the $0.
Ripple is showing signs of a decent recovery above $0. 1400 against the US Dollar. XRP price could attempt to surpass the $0. 1650 resistance and start a strong rise. Ripple price is facing a couple of key hurdles near $0.
Ripple started an upside correction from the $0. 2220 support area against the US Dollar. XRP price is now testing $0. 2450 and it must surpass $0. 2500 for a fresh rally to $0. 3000. Ripple price is currently recovering above the $0.
Coinspeaker Ripple’s XRP Price Can Reach $1 in 2020, Expert ClaimsIt is expected that Ripple's XRP, the top cryptocurrency by many adoption rankings, could gain two-thirds of its current price as we are getting closer to the beginning of 2021.
Ripple gained recently and broke the $0. 2450 and $0. 2500 resistance levels against the US Dollar. XRP price is currently correcting, but it is likely to continue higher towards $0. 3000. Ripple price climbed higher and traded to a new monthly high at $0.
Ripple is slowly rising and it recently climbed above the $0. 2400 resistance against the US Dollar. XRP price remains in a steady uptrend and it is likely to continue higher towards $0. 3000. Ripple price is trading in an uptrend above $0.
Ripple is slowly rising above $0. 2300 against the US Dollar and following both Ethereum and bitcoin. XRP price is likely to continue higher towards $0. 2500 or $0. 2850 in the coming days. Ripple price is trading with a bullish bias above the $0.
Ripple extended its decline and broke the key $0. 2270 support against the US Dollar, similar to bitcoin below $8,500. XRP price is now at a risk of more losses towards $0. 2050 or $0. 2000. Ripple price is gaining bearish momentum and it is now well below $0.
Ripple tested the key $0. 2240 support area and recovered against the US Dollar, similar to bitcoin. XRP price is showing positive signs and it could rally to $0. 2550 if it breaks $0. 2420. Ripple price is recovering nicely from the $0.
Ripple is down more than 4% after it was rejected near $0. 2450 against the US Dollar, similar to bitcoin near $8,900. XRP price is now approaching the key $0. 2230 and $0. 2200 support levels. Ripple price declined steadily after forming a short term top near $0.
Ripple is facing hurdles near the $0. 2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0. 2080 and $0. 2070. Ripple price is correcting lower after it failed to surpass the $0.
Ripple and its associated cryptocurrency XRP are often conflated. Yet, partnerships announcements and updates from Ripple, even when unrelated to the token, impact the price. We interviewed a Ripple employee to better understand the relationship between the price of the token and the success of the company.
By CCN Markets: On June 6, author and chartist Peter Brandt (@PeterLBrandt) took to Twitter to share his bullish view on Ripple’s price action. In his tweet, he mentioned two cryptocurrencies flashing bullish signals against Tether US (USDT): Litecoin and Ripple.
Since the start of the year, Ripple’s XRP has failed to gain much momentum in terms of price while…
The post XRP Hits Low Price Despite Ripple Having 200 Partners – Here Is Why appeared first on Invest In Blockchain.
Over the past 3 months, Ripple has been trapped within a lifeless trading condition as price action has only…
The post Ripple XRP Price Prediction For May: Can It Rise By 25% To Hit the Target of $0.40? appeared first on Invest In Blockchain.
XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows. Market watchers now wonder if the altcoin might recover faster than other cryptos.
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.
