XRP Price Still Have A Chance For A Bullish Streak: Here’s How

2024-4-10 07:48

XRP price is struggling to clear the $0.6420 resistance. The price must stay above the $0.600 support to attempt a fresh increase in the near term.

XRP is slowly moving lower from the $0.6420 resistance zone. The price is now trading below $0.6120 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.6020 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum if there is a close below the $0.600 support. XRP Price Revisits Support

After a steady increase, XRP price struggled to clear the $0.6420 resistance. It started a fresh decline below the $0.6250 support, like Bitcoin and Ethereum.

There was a move below the $0.6200 support. The price traded below the 23.6% Fib retracement level of the upward move from the $0.5622 swing low to the $0.6420 high. The price is now trading below $0.6120 and the 100 simple moving average (4 hours).

It is testing the $0.6020 support and the 50% Fib retracement level of the upward move from the $0.5622 swing low to the $0.6420 high. There is also a key bullish trend line forming with support at $0.6020 on the 4-hour chart of the XRP/USD pair.

Immediate resistance is near the $0.610 level and the 100 simple moving average (4 hours). The next key resistance is near $0.6220. low. A close above the $0.6220 resistance zone could spark a strong increase. The next key resistance is near $0.6420.

Source: XRPUSD on TradingView.com

If the bulls remain in action above the $0.6420 resistance level, there could be a rally toward the $0.6620 resistance. Any more gains might send the price toward the $0.700 resistance.

More Losses?

If XRP fails to clear the $0.6220 resistance zone, it could start another decline. Initial support on the downside is near the $0.6020 zone and the trend line.

The next major support is at $0.580. If there is a downside break and a close below the $0.580 level, the price might accelerate lower. In the stated case, the price could retest the $0.5450 support zone.

Technical Indicators

4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

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

Major Support Levels – $0.6020, $0.580, and $0.5450.

Major Resistance Levels – $0.610, $0.6220, and $0.6420.

origin »

Ripple (XRP) на Currencies.ru

$ 2.0824 (+0.27%)
Объем 24H $6.23b
Изменеия 24h: 0.18 %, 7d: -7.04 %
Cегодня L: $2.0147 - H: $2.1124
Капитализация $119.549b Rank 4
Цена в час новости $ 0.6082 (242.39%)

xrp price 6420 resistance increase fresh attempt

Источник: newsbtc.com

xrp price → Результатов: 126


Фото:

XRP Price Prediction: XRP To Reach A Project Price Of $5, While This Solana Killer Eyes 20,000% Gains

Finally, the XRP price is eyeing a long-anticipated breakthrough to the $5 mark. With recent market dynamics in play, the XRP price has positioned itself for an increase, but there’s a new player in the spotlight: WallitIQ (WLTQ), a crypto asset that’s gaining attention as a potential “Solana killer.” Analysts […]

2024-11-11 03:00


Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

2024-10-29 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP Jumps 4%, Whale Reacts With $69 Million Coinbase Deposit

On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.

XRP Price Battles Key Hurdles: Can Bulls Prevail?

XRP price corrected some losses and climbed above the $2. 25 zone. The price is now struggling to clear the $2. 350 resistance zone. XRP price is attempting a fresh increase above the $2. 250 resistance zone.

XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13

A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst’s price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.

XRP Price Fresh Surge: Bulls Gear Up for Action

XRP price remained stable above the $2. 10 zone. The price is moving higher and might aim for a fresh surge above the $2. 30 resistance zone. XRP price is attempting a fresh increase above the $2. 20 resistance zone.