Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area.
Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar.
The price is back above the $0.2800 area, but it lacks bullish momentum.
Yesterday’s two connecting bearish trend lines were breached with resistance near $0.2865 on the hourly chart of the XRP/USD pair (data source from Kraken).
The price could recover towards the $0.3000, $0.3050 and $0.3100 resistance levels.
Ripple Price Facing Strong Resistance
Yesterday, we saw a strong decline in ripple from well above the $0.3200 and $0.3000 levels. XRP even settled below the $0.3000 pivot level and the 100 hourly simple moving average.
Finally, the price broke the $0.2800 support area and traded close to the $0.2650 support. A swing low is formed near $0.2677 and the price is currently recovering. It surpassed the $0.2750 and $0.2800 resistance levels to start a decent recovery.
Furthermore, there was a break above the 23.6% Fib retracement level of the downward move from the $0.3469 high to $0.2677 low. More importantly, yesterday’s two connecting bearish trend lines were breached with resistance near $0.2865 on the hourly chart of the XRP/USD pair.
Ripple Price
Ripple price is now trading above the $0.2900 level. However, there are many hurdles waiting on the upside, starting with $0.3000. The next resistance is near the $0.3070 level and the 100 hourly simple moving average.
Besides, the 50% Fib retracement level of the downward move from the $0.3469 high to $0.2677 low is near the $0.3070 level. Therefore, the bears are likely to put up a solid fight if the price climbs towards $0.3050 and $0.3070.
If the bulls are able to clear the $0.3070 and $0.3100 resistance levels, there could be a strong rise towards the $0.3400 and $0.3500 resistance levels.
Fresh Decline?
In the short term, there could be corrective moves above the $0.2900 and $0.2920 levels. Later, if the price fails to gain strength above $0.3000, it is likely to resume its decline.
An initial support is near the $0.2800 area. The main support for ripple is near the $0.2650 level, below which the price could decline heavily towards $0.2500 or $0.2450 in the near term.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is slowly moving in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is back above the 50 level, with a few positive signs.
Major Support Levels – $0.2800, $0.2780 and $0.2650.
Major Resistance Levels – $0.2940, $0.3000 and $0.3070. origin »
Following Ripple’s positive ruling against the SEC last week, when Judge Analisa Torres ordered Ripple to pay $125 million in civil penalties, XRP’s price pumped over the $0. 6 area. However, in the wake of the most recent market crash, the price dipped below the $0.
The_Ripple_Effect, a crypto analyst, has raised some concerns about the possibility of the Ripple price having a significant decline based on some technical indicators that they point to. Based on their analysis, the price has been in a triangle breakdown, and if the price closes below $0.
While Ethereum shows signs of a downturn in its latest price forecasts, struggling to stay above crucial price levels, and Ripple advances its blockchain solutions to enhance global payments, BlockDAGThe post Best Crypto Platform: BDAG Tops Ripple & ETH Price Prediction appeared first on AMBCrypto.
XRP, the native token of the Ripple blockchain, is poised for significant price appreciation in the coming months, according to a recent analysis. The analyst, who prefers not to engage in precise market timing, has nonetheless ventured to provide two potential price targets based on ascending triangle chart patterns.
Cryptocurrency analyst “Dark Defender” shared an optimistic update on XRP’s price action to his over 100k followers on X today. He stated that the price of the token connected to the Ripple payment network has been moving upwards as expected.
Coinspeaker
Ripple’s XRP Experiences 8% Price Pump Following Latest Court Twist
Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC.
After taking profits in late March and early April, Ripple's large investors appear to be making a U-turn. Will XRP price rebound to $0.60?
The post Ripple (XRP) Shows Early Signs of Price Recovery as Bulls Defend $0.45 appeared first on BeInCrypto.
The Ripple (XRP/USD) price has been in a tight range recently as investors watch the proceedings about the SEC case. It is trading at $0. 7617, where it has been in the past few days. This price is about 40% above its lowest level this year and 46% below 2021 high.
The cryptocurrency market remains under pressure, the price of Bitcoin went below the $35000 price level this Saturday, and for now, everything indicates that the price could fall even more. Ripple XRP/USD has weakened from $1.
The Ripple (XRP/USD) price is attempting to recover today after tumbling more than 5% yesterday to close below the key support at $0. 23. The plunge in price came despite the partnership between India’s biggest bank, HDFC Bank Limited, with RippleNet.
The price of Ripple (XRP) currently stands around $0. 24 which is still far away from the XRP price predictions for 2020 year. Ripple has found strong support above the $0. 20 level and the technical picture implies that the price may recover in the upcoming period.
Ripple is currently consolidating above the $0. 1720 support against the US Dollar. XRP price seems to be preparing for a bullish break above the $0. 1800 resistance region. Ripple price is facing a couple of important hurdles near the $0.
Ripple climbed above $0. 2800, but it failed to continue above $0. 2860 against the US Dollar. XRP price is currently declining towards the key $0. 2700 and $0. 2650 support levels. Ripple price topped near the $0.
Altcoins have seen a resurgence off-late, with large-cap altcoins performing better in terms of price when compared to Bitcoin over the last week. In fact, some reports have also suggested that these The post Ripple CEO responds to Novogratz's XRP price prediction appeared first on AMBCrypto.
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support near $0.
Ripple price is struggling to recover above the $0. 2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0. 2180 support area. There is a declining channel forming with resistance near $0.
Ripple price is currently declining from the key $0. 2320 resistance area against the US dollar. The price is now trading below $0. 2260 and it is showing a few bearish signs. Yesterday’s major bullish trend line was breached with support near $0.
Ripple price is trading nicely above the $0. 2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0. 2265 and $0. 2300 resistance levels. There is a major bullish trend line forming with support near $0.
Ripple price is trading above a couple of important supports near $0. 2200 against the US dollar. The price is facing a major hurdle near the $0. 2280 and $0. 2350 resistance levels. Yesterday’s highlighted major ascending channel is intact with support near $0.
Ripple price is trading nicely above the $0. 2200 and $0. 2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0. 2300 resistance area. There is a new connecting bullish trend line forming with support near $0.
Ripple price is currently correcting from the new monthly low of $0. 2005 against the US dollar. The price might correct further higher, but the $0. 2270 resistance is a crucial hurdle for buyers.
Ripple price is down 5% and it broke the key $0. 2420 support area against the US dollar. The price tagged the $0. 2350 support area and it is currently correcting higher. There is a new bearish trend line forming with resistance near $0.
Ripple price is slowly recovering, but struggling to gain momentum above $0. 2800 against the US dollar. The price is facing a lot of hurdles on the upside near the $0. 2820 and $0. 2840 levels. There is a key bearish trend line forming resistance near $0.
Ripple price is holding a couple of important supports near $0. 2980 and $0. 2960 against the US dollar. The price is facing a couple of hurdles near the $0. 3020 and $0. 3040 levels. There is a key breakout pattern forming with resistance near $0.
Ripple price is facing an increase in selling pressure below the $0. 2980 resistance against the US dollar. The price is likely to decline below the $0. 2880 support before it could start a fresh increase.
Ripple price is currently correcting higher after a sharp decline to $0. 2500 against the US dollar. The price is showing positive signs and is trading nicely above the $0. 2720 level. Yesterday’s highlighted key bearish trend is active with resistance near $0.
Ripple price declined recently after it failed to climb above the $0. 3030 resistance against the US dollar. The price is currently trading below $0. 2950, but it is holding the key $0. 2850 support area.
Ripple price is slowly moving higher towards the $0. 2950 resistance area against the US dollar. The price is facing an uphill task near the $0. 2950 and $0. 2980 resistance levels. There is a major bearish trend line forming with resistance near $0.
Ripple price started a fresh increase and it surged above $0. 3000 against the US dollar. The price is currently correcting higher after trading to a new monthly high near $0. 3040. Earlier, there was a break above a declining channel with resistance near $0.
Ripple price is currently correcting gains after setting a new weekly high at $0. 2872 against the US dollar. The price is trading below the $0. 2800 level and it might correct towards the $0. 2720 support.
Ripple price is gaining bullish momentum above the $0. 2600 resistance area against the US dollar. The price is up around 5% and it recently broke the $0. 2650 resistance area. There is a connecting bullish trend line forming with support near $0.
Ripple price corrected lower recently and tested the $0. 2450 support area against the US dollar. The price is currently climbing higher and is trading nicely above the $0. 2500 level. There is a key bullish trend line forming with support near $0.
Ripple price failed to break the $0. 2620 resistance and declined recently against the US dollar. The price is currently trading near the $0. 2450 support and is struggling to bounce back. There is a short term bearish trend line forming with resistance near $0.
Ripple price climbed higher recently above the $0. 2450 and $0. 2500 resistances against the US dollar. The price is currently trading near the $0. 2620 resistance area and is consolidating gains.
Ripple price is finding a strong buying interest near the $0. 2850 level against the US dollar. The price is currently consolidating and it is likely to climb back above $0. 3000. There is a connecting bearish trend line forming with resistance near $0.
Ripple price extended gains and traded towards the $0. 3250 resistance area against the US dollar. The price is currently correcting sharply and is trading below the $0. 3000 support area. There was a break below a key bullish trend line with support at $0.
Ripple price surged more than 15% after it broke the key $0. 2650 resistance against the US dollar. The price is trading well above the $0. 3000 level and it could continue to rise. There was a break above a bullish continuation pattern with resistance near $0.
Ripple price extended its decline and traded towards the $0. 2520 level against the US dollar. The price is currently correcting higher, but it is facing resistance near the $0. 2570-$0. 2580 area.
Ripple price failed to break the main $0. 2650 resistance area against the US dollar. The price is currently correcting lower and is trading near the key $0. 2580 support area. There was a break below a major bullish trend line with support at $0.
Ripple price started an upside correction above the $0. 2600 resistance against the US dollar. The price is facing a strong selling interest near the main $0. 2650 resistance area. Yesterday’s highlighted major bearish trend line was breached with resistance near $0.
Ripple price is trading in a downtrend below the $0. 2600 and $0. 2650 supports against the US dollar. The price is likely to extend its decline as long as it is below the $0. 2650 level. There is a key bearish trend line forming with resistance near $0.
Ripple price recovered recently, but it failed to break the $0. 2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0. 2500.
Ripple price is struggling to climb higher above the $0. 2750 and $0. 2800 resistances against the US dollar. Bitcoin price failed to climb above the key $10,500 resistance level and declined recently.
Ripple price is holding the $0. 2650 support and is correcting higher against the US dollar. Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area. There is a key major bullish trend line with support near $0.
In a strategic move that has captured the crypto industry's attention, Franklin Templeton has filed for a Solana-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
XRP news today suggests the prolonged legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally approaching its conclusion.
XRP has experienced a notable price surge, climbing 7% to reach $2.25, marking a strong recovery from recent declines. This upward movement has reignited investor optimism, with analysts speculating whether XRP price can sustain its momentum and target the critical $3 level.
Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.
Ripple price remains in a bear market after falling by over 35% from its highest level in January. Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data. Most of them rose, with Bitcoin…
Друзья, готовимся к важному событию — уже в мае XRP получит сразу несколько ETF. SEC рассмотрит заявки от Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale и WisdomTree. Но проблема в том, что SEC тянет время.
XRP is at a crucial turning point as the cryptocurrency struggles to maintain support at the $2 level. A breakdown could trigger a significant decline, while a successful defense may pave the way for a bullish recovery. Here is today’s XRP news.
