XRP Price Nearing Breakout: Can It Finally Push Higher?

2024-10-16 07:18

XRP price is moving higher above the $0.5400 zone. The price must settle above the $0.5550 resistance to set the pace for a larger increase.

XRP price is attempting a fresh increase above the $0.540 zone. The price is now trading above $0.5410 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5395 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.550 and $0.5550 resistance levels. XRP Price Revisits Resistance

XRP price started a downside correction from the $0.5550 resistance zone. There was a move below the $0.5420 support. However, the bulls were active at $0.5320. A low was formed at $0.5317 and the price is now rising like Bitcoin and Ethereum.

The price climbed above the $0.5380 and $0.540 resistance levels. There was a move above the 50% Fib retracement level of the downward move from the $0.5550 swing high to the $0.5317 low.

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 $0.5395 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $0.5460 level or the 61.8% Fib retracement level of the downward move from the $0.5550 swing high to the $0.5317 low. The first major resistance is near the $0.5500 level. The next key resistance could be $0.5550.

A clear move above the $0.5550 resistance might send the price toward the $0.5650 resistance. Any more gains might send the price toward the $0.5800 resistance or even $0.5880 in the near term. The next major hurdle might be $0.6000.

Another Decline?

If XRP fails to clear the $0.550 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level and the trend line. The next major support is near the $0.5320 level.

If there is a downside break and a close below the $0.5320 level, the price might continue to decline toward the $0.5210 support in the near term. The next major support sits near the $0.5050 zone.

Technical Indicators

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

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

Major Support Levels – $0.5400 and $0.5320.

Major Resistance Levels – $0.5500 and $0.5550.

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 higher increase resistance set

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 […]