XRP Price Meets Range Resistance: Can It Power Higher?

2024-10-15 08:08

XRP price is moving higher above the $0.5350 support. The price tested the $0.5550 resistance and seems to be struggling to continue higher.

XRP price is attempting a fresh increase above the $0.540 zone. The price is now trading above $0.5420 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5400 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could trim most gains if it fails to stay above the $0.540 support zone. XRP Price Revisits Resistance

XRP price remained stable above the $0.5320 support. A base was formed and the price started a fresh increase above $0.5400 like Bitcoin and Ethereum.

The price climbed above the $0.5450 and $0.550 resistance levels. However, the bears are active near the key range resistance at $0.5550. A high is formed at $0.5550 and the price is now correcting gains. There was a move below the $0.550 level.

The price dipped below the 23.6% Fib retracement level of the upward move from the $0.5252 swing low to the $0.5550 high. The price is now trading above $0.540 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5400 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $0.5540 level. The first major resistance is near the $0.5550 level. The next key resistance could be $0.5650. A clear move above the $0.5650 resistance might send the price toward the $0.5800 resistance. Any more gains might send the price toward the $0.5880 resistance or even $0.600 in the near term. The next major hurdle might be $0.6120, where the bears might emerge.

Another Decline?

If XRP fails to clear the $0.5550 resistance zone, it could start another decline. Initial support on the downside is near the $0.5440 level and the trend line. The next major support is near the $0.5400 level or the 50% Fib retracement level of the upward move from the $0.5252 swing low to the $0.5550 high.

If there is a downside break and a close below the $0.5400 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits near the $0.5220 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 above the 50 level.

Major Support Levels – $0.5440 and $0.5400.

Major Resistance Levels – $0.5540 and $0.5550.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

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

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price xrp higher above resistance fresh seems

Источник: newsbtc.com

price xrp → Результатов: 126


Dogecoin Vs. XRP Price: Battle For $1 Rages On As $0.03846 ETFSwap (ETFS) Takes The Lead

As the price competition for cryptos intensifies, two popular tokens, Dogecoin (DOGE) and XRP, are racing to reach the $1 mark. However, while the Dogecoin price and XRP price chase a possible $1 rally, a new contender, ETFSwap (ETFS), leads the charge, with experts predicting its market value will skyrocket faster than its competitors.

2024-11-5 23:00


XRP Price Prediction: Ripple Whales Fail To Hold Support, Investors Move Into ETFSwap (ETFS) For 10000% Gains In 13 Days

The XRP price prediction took a different tone across the board as many market experts predict a possible bearish movement as rippling whales will fail to keep it in the green zone. The last 24 hours saw the XRP price go down by nearly 2%, hinting at investors selling as the XRP price fails to […] The post XRP Price Prediction: Ripple Whales Fail To Hold Support, Investors Move Into ETFSwap (ETFS) For 10000% Gains In 13 Days appeared first on CaptainAltcoin.

2024-10-22 23:00


Dogecoin Price To Hit $1 First Amid XRP Price Crash, But ETFSwap (ETFS) Will Get There First With 10000% Rally

The race to $1 gets heated up for Dogecoin price, XRP price, and the ETFSwap (ETFS) tokens, with all three altcoins vying for attention. However, while Dogecoin price and XRP price continue to dominate headlines, it’s the ETFSwap (ETFS) tokens that are sure to surprise everyone, thanks to their unique offerings, that propel it in […]

2024-10-11 19:00


This Pattern Signals XRP Price Will Hit $13, Predicts Crypto Trader – Here’s When

Egrag, a prominent crypto analyst, has shared a long-term prediction for XRP. He suggested a compelling price pump is around the corner based on a chart pattern known as the Nike Swoosh.  The analyst believes this pattern could lead XRP’s price to hit a target of $13, a crazy jump from its current trading price […] The post This Pattern Signals XRP Price Will Hit $13, Predicts Crypto Trader – Here’s When appeared first on CaptainAltcoin.

2024-9-26 23:00


Crypto Pundit Shuts Down Predictions Of XRP Price Hitting $1,000

A recent buzz on the X (formerly Twitter) social media platform has sparked speculation that the XRP price could hit $1,000. However, a crypto pundit has slammed these overly inflated and seemingly unrealistic predictions, pointing to market capitalization and the coin’s current fundamentals as clear obstacles to such a price surge.  Analyst Criticizes $1,000 XRP […]

2024-9-18 05:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst

In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at $0.

XRP NVT Ratio Has Been High Recently: What It Means

On-chain data shows the XRP Network Value to Transactions (NVT) Ratio has seen some spikes recently. Here’s what it means for the asset. XRP NVT Ratio Reached A High Of 1,162 Earlier In The Month In a CryptoQuant Quicktake post, analyst Maartunn has discussed about how the latest trend in the NVT Ratio of XRP has been like.

XRP Price Gains Speed: Could The Surge Reach $0.80?

XRP price is up over 10% and moving higher above the $0. 620 support zone. The price tested the $0. 740 zone and is currently correcting gains. XRP price started a decent increase above the $0. 620 resistance.