XRP Price Gains Fade Once Again: Will Support Hold?

2024-11-8 07:08

XRP price gained pace for a move above the $0.5500 support zone. The price rallied toward $0.5780 resistance and then quickly faded most gains.

XRP price is losing pace above the $0.5500 zone. The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it stays above the $0.5250 support zone. XRP Price Eyes More Upsides

XRP price remained supported above the $0.5150 level. It formed a base and started a fresh increase above $0.5250 like Bitcoin and Ethereum. There was a move above the $0.5350 and $0.5500 resistance levels.

The bulls even pushed the price above the $0.5650 level before the bears appeared. A high is formed at $0.5758 and the price is correcting gains. There was a move below the $0.5650 support. It dipped below the 23.6% Fib retracement level of the upward move from the $0.4948 swing low to the $0.5758 high.

The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5360 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $0.4948 swing low to the $0.5758 high.

On the upside, the price might face resistance near the $0.5600 level. The first major resistance is near the $0.5650 level. The next key resistance could be $0.5780. A clear move above the $0.5780 resistance might send the price toward the $0.5880 resistance.

Any more gains might send the price toward the $0.5920 resistance or even $0.6000 in the near term. The next major hurdle might be $0.6200.

More Losses?

If XRP fails to clear the $0.5650 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5450 level. The next major support is near the $0.5360 level and the trend line.

If there is a downside break and a close below the $0.5360 level, the price might continue to decline toward the $0.5250 support in the near term. The next major support sits near the $0.5120 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $0.5450 and $0.5360.

Major Resistance Levels – $0.5600 and $0.5650.

origin »

Bitcoin price in Telegram @btc_price_every_hour

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -2.75 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 467.1 (-100%)

price xrp above gains zone pace 5500

Источник: newsbtc.com

price xrp → Результатов: 126


Crypto Price Prediction For Today, April 8: Bittensor (TAO), XRP, Dogecoin (DOGE)

Bittensor, XRP, and Dogecoin enter today’s session from very different technical positions, and that contrast matters more than anything else right now. TAO price has spent the last month in a strong advance, XRP price has stayed trapped inside a broad range, and DOGE price has kept a mild bullish structure without breaking too far […] The post Crypto Price Prediction For Today, April 8: Bittensor (TAO), XRP, Dogecoin (DOGE) appeared first on CaptainAltcoin.

2026-4-8 11:00


Фото:

XRP Is About To Create History With This Latest Move

Crypto analyst Austin is making a bold claim about XRP’s latest price action, and if he is right, the cryptocurrency could make history. Following a decline below $1. 4 earlier this week, Austin believes XRP is now setting the stage for a move that could change its price trajectory, potentially ending its ongoing corrective phase and triggering a breakout into price discovery mode.

2026-2-27 23:00


Фото:

XRP Price News as Token Struggles in February, but DeepSnitch AI Defies the Bears With Shipped Tools and a 1000x Run Plausible in Early 2026

Above 80% of tokens launched in 2025 now sit below their listing price, with typical drawdowns of 50% to 70% inside 90 days. Those numbers, taken from DWF Labs data, are a reason for pause, and they also explain why capital is rotating from tokens into publicly listed crypto companies at a pace nobody could […] The post XRP Price News as Token Struggles in February, but DeepSnitch AI Defies the Bears With Shipped Tools and a 1000x Run Plausible in Early 2026 appeared first on CaptainAltcoin.

2026-2-25 22:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Is Wall Street Really Buying XRP Or Are They Waiting For Something Else To Happen?

Wall Street’s recent buying activity in XRP has drawn growing attention, but the reality may be more nuanced than headlines suggest. While some major institutions have taken positions in XRP-related investment products, the timing, scale and structure of these holdings indicate that they may be waiting for a broader trigger before committing fully to the […]

XRP Open Interest Surges As Price Slides—More Volatility Ahead?

Data shows the XRP Open Interest has witnessed a notable surge alongside the asset’s price drop, a sign that investors have been putting up fresh bets. XRP Open Interest Has Shot Up Over The Past Day As pointed out by CryptoQuant community analyst Maartunn in an X post, the XRP Open Interest has seen a jump recently.

XRP Season About To Start? Historical Oversold Levels Point To Major Rally

A decade of price data, a modified RSI sitting at 33, and a macro support line that has survived every significant crash since 2014. This is the current state of XRP’s price action, and according to a technical outlook, the cryptocurrency is now moving around at the exact geometric coordinate where its most explosive historical […]

Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer

The world’s largest asset manager has yet to file for a spot XRP exchange-traded fund, but a growing body of evidence suggests the distance between BlackRock and that step is narrowing.  Discussion regarding whether BlackRock is preparing to move into XRP has picked up again, but the real reason is not coming from filings or […]