XRP Price Rockets Past $2.50: Is More to Come?

2024-12-2 06:48

XRP price is up over 30% and trading well above $2.20. The price is consolidating near $2.40 and might aim for more gains above the $2.50 level.

XRP price is eyeing a fresh increase above the $2.00 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.08 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the $2.50 resistance. XRP Price Starts Fresh Increase Above $2.00

XRP price remained supported near the $1.500 zone. It formed a base and recently started an upward move above $1.80, beating Bitcoin and like Ethereum. There was a move above the $2.00 and $2.20 resistance levels.

It is up over 30% and there was a move above the $2.50 level. A high is formed at $2.51 and the price is now consolidating gains. It dipped some points and tested the $2.30 level. There was a move below the 2.36% Fib retracement level of the upward move from the $1.818 swing low to the $2.510 high.

The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.08 on the hourly chart of the XRP/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $1.818 swing low to the $2.510 high.

On the upside, the price might face resistance near the $2.450 level. The first major resistance is near the $2.500 level. The next key resistance could be $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.80 resistance or even $2.880 in the near term. The next major hurdle for the bulls might be $3.00.

Another Pullback?

If XRP fails to clear the $2.50 resistance zone, it could start a downside correction. Initial support on the downside is near the $2.350 level. The next major support is near the $2.250 level.

If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.10 support. The next major support sits near the $2.00 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 – $2.3000 and $2.2000.

Major Resistance Levels – $2.5000 and $2.6500.

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 above might aim level fresh

Источник: newsbtc.com

price xrp → Результатов: 126


XRP Price Could Hit $6 Sooner Than You Think; Here’s Why

XRP price is currently trading around $2.41 at the time of writing. Since the sharp 35% drop on October 10, the token has been consolidating within a price range of $2.10 and $2.60. According to an analyst from the Working Money YouTube channel, XRP price could climb as high as $6 within the next five […] The post XRP Price Could Hit $6 Sooner Than You Think; Here’s Why appeared first on CaptainAltcoin.

2025-10-23 14:28


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Analyst Says XRP Price On The Verge Of Bearish Breakdown

The XRP price has been bearish all through December, with key support zones failing to hold through the growing sell pressure. While the altcoin hovers around the $1. 80 price level, recent on-chain evaluation shows that the XRP price could be in a precarious situation.

XRP Trades Like An Asset That’s Survived Its Hardest Trials — Is A Rally Coming?

The narrative surrounding XRP has undergone a fundamental transformation, and the token has begun to trade like an asset that has already endured its most punishing tests. Years of regulatory uncertainty, legal scrutiny, and prolonged underperformance have tempered speculation and reshaped its investor base, leaving behind a market that appears more resilient than reactive. Why […]

XRP Triangle Hints At Potential 10% Move—But In Which Direction?

An analyst has pointed out how XRP could be set up for a potential 10% move based on a technical analysis (TA) pattern in its 15 minutes price. XRP Has Possibly Been Trading Inside A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a Triangle that XRP has been trading inside on the 15-minute timeframe.

Gemini Poll Finds Over 70% Of Investors Predict XRP Below $2 By Year’s End

As the year draws to a close, XRP investors are increasingly adopting a bearish outlook, anticipating that the altcoin will remain below the critical $2 threshold.   XRP Forecasts Dipped A recent poll conducted by cryptocurrency exchange Gemini, running from December 12 to 23, reveals that 73% of investors predict XRP will finish the year between $1.

Banks Could Start Holding XRP Due To This Simple Change

Banks have mostly stayed on the sidelines when it comes to holding XRP directly, even as interest in digital assets continues to increase. That hesitation has not been due to a lack of utility or demand but to strict regulatory capital rules that made holding XRP economically impractical for regulated institutions.