Ripple is down close to 5% and it broke the key $0.1810 support zone against the US Dollar. XRP price is currently recovering, but the same support is likely to protect gains.
Ripple price is back in a bearish zone below the $0.1810 support against the US dollar.
A new weekly low is formed near $0.1738 and the price is currently correcting higher.
There is a key bearish trend line forming with resistance near $0.1815 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could correct further, but it is likely to face hurdles near $0.1810 and $0.1820.
Ripple Price Support Turned Resistance
Yesterday, we discussed the importance of the $0.1800-$0.1810 support area for ripple. XRP price failed to continue higher above the $0.1900 resistance and recently declined sharply below the $0.1800-$0.1810 support.
The bears took control, resulting in a close below $0.1800 and the 100 hourly simple moving average. The price traded below the $0.1750 level and formed a new weekly low at $0.1738.
Ripple is currently correcting higher and trading above the $0.1750 level. It is testing the 50% Fib retracement level of the recent drop from the $0.1857 high to $0.1738 low. It seems like the $0.1800 area is currently acting as a hurdle for the bulls.
The main resistance is near the $0.1810 and $0.1820 levels (the recent breakdown zone). The 61.8% Fib retracement level of the recent drop from the $0.1857 high to $0.1738 low is also near $0.1810.
More importantly, there is a key bearish trend line forming with resistance near $0.1815 on the hourly chart of the XRP/USD pair. If the pair corrects further higher, it is likely to face a strong resistance near the $0.1810 and $0.1820 levels in the near term.
Ripple Price
A successful close above the $0.1810 and $0.1820 levels might open the doors for a fresh increase towards the $0.1900 and $0.1920 resistance levels.
More Downsides?
If ripple struggles to recover above the $0.1810 and $0.1820 resistance levels, it is likely to resume its decline. An initial support is near the $0.1740 level.
A clear break below the $0.1740 support level might open the doors for more downsides towards the $0.1700 and $0.1680 levels in the near term.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is likely to move into the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now correcting higher towards the 40 level.
Major Support Levels – $0.1740, $0.1700 and $0.1680.
Major Resistance Levels – $0.1800, $0.1810 and $0.1820.
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This contribution reflects Ripple’s broader commitment to philanthropy, with over $170 million donated globally to nonprofits, charities, and educational programs.
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America’s largest crypto exchange, Coinbase, has come out in support of Ripple amid its ongoing legal brawl with the Securities and Exchange Commission (SEC).
Ripple extended its decline and tested the $0. 2800 support against the US Dollar. XRP price is likely to start a slow and steady rise as long as it is above the $0. 2800 support. Ripple failed to stay above the $0.
The legal battle between Ripple and investors continues to poodle ahead. The latest development is a filing by the San Francisco-headquartered blockchain payments firm asking the court to dismiss the fraud charges put forward by the plaintiff on the account of lack of evidence to support the said claims.
Ripple is trading in a broad range above the $0. 2100 support against the US Dollar. XRP declined below a key support versus bitcoin and it is now at a risk of a sharp decline vs USD. Ripple is facing hurdles near the $0.
Ripple Price Analysis The last 7 trading days has been a troublesome period for Ripple holders as price action…
The post Ripple Price Analysis: XRP Breaks Below $0. 30 and Reaches Support at $0.
Ripple price failed to stay above the $0. 3000 support and declined heavily below $0. 2900 against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.
Ripple price traded lower recently and tested the $0. 3580 support against the US dollar. There is a major bullish trend line with support at $0. 3530 on the hourly chart of the XRP/USD pair (data source from Kraken).
A look at the Weekly chart of Ripple in logarithmic form, shows us that price has fallen from the high of January 2018 of around $3.2 to close to $0.3. There is some support in the $0.3 area, and it is worth noting that there was a bounce with strong volume in September (yellow arrow), […]
Ripple [XRP]: Will Support Hold or Are We Heading Downward? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
Ripple found support at the area of interest previously marked and looks ready to aim for the upside targets marked by the Fib extension tool. The 38. 2% level is just close by and in line with the mid-channel area of interest.
Key Highlights Ripple price remained confined in a tiny range above the $0. 4500 support against the US dollar. Yesterday’s highlighted important bearish trend line was breached with resistance at $0.
Wirex is one of the very few cryptocurrency firms still offering debit cards related to Bitcoin and other cryptocurrencies. In its latest update, the firm announced support for Ripple’s XRP. It’s a somewhat controversial addition, given the SEC’s unclear stance on whether or not this digital asset is a security. An Interesting Move by Wirex […]
Technically, Ripple (XRP) is bearish and that’s despite news of Wirex support or coin listings in different exchanges around the world which is of course supportive of price. Following yesterday’s high volume XRP bull candlestick reversing from support, chances are we might see a follow through today but that won’t be enough to warrant XRP.
XRP/USD Medium-term Trend: Bearish Resistance Levels: $0. 46, $0. 47, $ 0. 49 Support Levels: $0. 44, $0. 43, $0. 42 Yesterday, July 23rd, the price of Ripple was also in a sideways trend. But yesterday the cryptocurrency depreciated to the low of $0.
Key Highlights Ripple price struggled to break the $0. 4650 resistance and declined below $0. 4500 against the US dollar. There was a break below an ascending channel with support at $0. 4550 on the hourly chart of the XRP/USD pair (data source from Kraken).
Wirex, the bitcoin wallet app, today released an update of its app on both iOS and Android which includes a native XRP wallet. Users can buy, store and exchange Ripple (XRP) in-app. Users can. .
Key Highlights Ripple price found support near the $0. 4300 level and recovered a few points against the US dollar. There was a break above major connecting bearish trend line with resistance at $0.
Romanian bitcoin and cryptocurrency exchange CoinFlux has announced the support of Ripple native asset XRP to its offering. The minimum transaction value for XRP on CoinFlux is set to EUR 20. CoinFlux provides convenient.
Key Highlights Ripple price broke a major support area near $0. 4750 to move into a bearish zone against the US dollar. There is a key bearish trend line in place with resistance at $0. 4700 on the hourly chart of the XRP/USD pair (data source from Kraken).
XRP/USD Medium-term Trend: Bullish Resistance Levels: $0. 48, $0. 49, $ 0. 50 Support Levels: $0. 46, $0. 45, $0. 44 Yesterday, July 18th, the price of Ripple was in a bullish trend. The price of the cryptocurrency rose to the high of $0.
Key Highlights Ripple price made a nice upside move before facing sellers near $0. 5245 against the US dollar. There was a break below a crucial bullish trend line with support at $0. 4950 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights Ripple price rocketed higher and broke the $0. 5000 and $0. 5200 resistance levels against the US dollar. There is a major bullish trend line in place with support at $0. 4920 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights Ripple price is surging higher and it recently broke the $0. 4500 resistance against the US dollar. There is a key connecting bullish trend line formed with support at $0. 4750 on the hourly chart of the XRP/USD pair (data source from Kraken).
Paybis, a UK based cryptocurrency, and digital currency exchange platform, recently announced that the platform has added support for XRP tokens. They have partnered with Simplex to set up the MasterCard and Visa transactions.
One of the global-leading traditional money transferring companies – Tempo, is working on a world-scale cryptocurrency payment network. To do so, Stellar Lumens open-source decentralized protocol that runs the token XLM is used to support the system.
Canada’s new crypto exchange, National Digital Asset Exchange (NDAX) announced its support for the trading of XRP tokens. The brokerage firm will accept Canada’s fiat currency and will not charge for deposits until the end of the current year.
XRP/USD Long-term Trend: Bearish Resistance Levels: $0. 47, $0. 48, $0. 49 Support levels: $0. 45, $0. 46, $0. 46 The XRP/USD pair was also in the downward trend since April 22, 2018, at a price of $0.
As some retail investors are leaving crypto, large institutional players are moving in, as they see value around the current price levels. Do the charts support their sentiment?
XRP/USD Medium-term Trend: Bearish Resistance Levels: $0. 46, $0. 47, $ 0. 48 Support Levels: $0. 43, $0. 42, $0. 41 Yesterday, July 12, the price of Ripple was also in a bearish trend. The Ripple price closed at a price of $0.
XRP/USD Medium-term Trend: Bearish Resistance Levels: $0. 46, $0. 47, $ 0. 48 Support Levels: $0. 44, $0. 43, $0. 42 Yesterday, July 10, the price of Ripple was in a bearish trend. The cryptocurrency was consolidating at a price of $0.
Key Highlights Ripple price is under a lot of pressure and it recently broke the $0. 4500 support against the US dollar. There is a short-term declining channel in place with resistance at $0. 4500 on the hourly chart of the XRP/USD pair (data source from Kraken).
A campaign to raise awareness that XRP is not Ripple, three court cases and a race to meet SEC decentralization requirements for endorsement is obviously exposing XRP and cushioning Ripple the company.
XRP/USD Medium-term Trend: Ranging Resistance Levels: $0. 45, $0. 46, $ 0. 47 Support Levels: $0. 43, $0. 42, $0. 41 Yesterday, July 9, price of Ripple was in a sideways trend. In the medium term trend, the cryptocurrency is still in a sideways trend.
Key Highlights Ripple price extended its decline and broke the $0. 4700 support area against the US dollar. Yesterday’s highlighted major bullish trend line was breached with support at $0. 4690 on the hourly chart of the XRP/USD pair (data source from Kraken).
Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.
XRP/USD Medium-term Trend: Ranging Resistance Levels : $0. 48 , $0. 49, $ 0. 50 Support Levels: $0. 46, $0. 45, $0. 44 Last week, the price of Ripple was in a sideways trend. Price of the cryptocurrency is fluctuating between the resistance level at $0.
Key Highlights Ripple price declined a few points recently after trading as high as $0. 4877 against the US dollar. There is a key bullish trend line forming with support at $0. 4680 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights Ripple price failed to hold an important support at $0. 4750 and declined against the US dollar. Yesterday’s highlighted important bullish trend line was breached with support at $0.
Only investors who believe in the potential of virtual currencies remain invested or are looking to make a fresh investment after the fall. The cryptocurrencies might spend some time forming a large base upon which the next bull market will be built.
Key Highlights Ripple price is following a bullish path above the $0. 4750 pivot level against the US dollar. There is a major bullish trend line in place with support at $0. 4900 on the hourly chart of the XRP/USD pair (data source from Kraken).
XRP/USD Medium-term Trend: Bullish Resistance Levels : $0.50 , $0.51, $ 0.52 Support Levels: $0.48, $0.47, $0.46 Yesterday, July 4, price of Ripple was in a bullish trend. The use of trend line was suggested in a bullish trend to determine support levels in order to initiate long trades. The bullish trend is continuing as […]
One of the first regulated exchanges in Australia known as Independent Reserve, will add support to Ripple (XRP) during this week. The exchange located in Sydney will offer its users the possibility to trade Ripple, the third most important cryptocurrency according to its market capitalization.
We have seen a number of reports recently that discuss how Google Trends can be used to prove there is a huge demand for Ripple XRP and TRON TRX at the moment. Because of this, we decided to run a little investigation into the topic.
XRP/USD Medium-term Trend: Bullish Resistance Levels : $0. 49 , $0. 50, $ 0. 51 Support Levels: $0. 47, $0. 46, $0. 45 Yesterday, July 3, the Ripple cryptoasset was in a bullish trend. Today, the price of cryptoasset has retraced and it is testing the bullish trend line.
Key Highlights Ripple price traded further higher and almost tested the $0. 5250 resistance against the US dollar. There is a new bearish trend line in place with resistance at $0. 4850 on the hourly chart of the XRP/USD pair (data source from Kraken).
SBI Holdings Japan is getting ready to introduce its 23 million user base to cryptocurrency trading on its trading platform VCTRADE. The platform was launched last month with support for Ripple’s native coin XRP.
XRP/USD Medium-term Trend: Bullish Resistance Levels : $0. 50 , $0. 51, $ 0. 52 Support Levels: $0. 48, $0. 47, $0. 46 Yesterday, July 2, price of Ripple is in a sideways trend. Today, the cryptoasset is in a bullish movement.
According to a notice on the XRPChat, the Wirex app is undergoing updates on their platform. These updates, as said in the notice, are the upcoming Ripple (XRP) wallet, faster processing, and better efficiency.
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.
