Ripple (XRP) Gearing For Lift-Off to $0.30: Bulls Are Not Done Yet

2020-1-31 07:28

Ripple is slowly rising and it recently climbed above the $0.2400 resistance against the US Dollar. XRP price remains in a steady uptrend and it is likely to continue higher towards $0.3000. Ripple price is trading in an uptrend above $0.2200 and it is likely to hit $0.3000 against the US dollar. The bulls managed to push the price above the $0.2400 resistance area. There is a connecting bullish trend line forming with support near $0.2405 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is well supported on dips near $0.2400 and $0.2320 in the near term. Ripple Price Likely To Continue Higher After testing the $0.2320 support, ripple started a fresh increase. XRP price gained strength and broke the $0.2350 resistance area, while bitcoin fails to continue above the $9,500 resistance area. The recent upward move was such that the price broke the $0.2400 resistance and settled well above the 100 hourly simple moving average. Besides, there was a break above the $0.2410 level and the price traded to a new intraday high at $0.2465. It is currently correcting lower below the $0.2440 level. Ripple is testing the 23.6% Fib retracement level of the recent upward move from the $0.2293 low to $0.2464 high. However, the $0.2400 area is now acting as a strong support. More importantly, there is a connecting bullish trend line forming with support near $0.2405 on the hourly chart of the XRP/USD pair. Ripple Price On the upside, the price is facing a small hurdle near the $0.2450 and $0.2460 levels. The first main hurdle is near the $0.2500 level, above which the price might continue to rise towards the $0.2650 and $0.2720 levels. The main target for the bulls in the coming days could be $0.3000. Chances Of A Downside Correction The previous resistance for ripple near $0.2400 is likely to act as a support. If there is a downside break below $0.2400 and the trend line, the price might extend its decline. The next support is near the $0.2380 level. It coincides with the 50% Fib retracement level of the recent upward move from the $0.2293 low to $0.2464 high. The key support is near the $0.2320 level, below which the price might struggle to remain in a positive zone in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 50 level, with positive signs. Major Support Levels – $0.2400, $0.2380 and $0.2320. Major Resistance Levels – $0.2450, $0.2500 and $0.2550. The post appeared first on NewsBTC. origin »

Ripple (XRP) на Currencies.ru

$ 2.6288 (-0.51%)
Объем 24H $4.64b
Изменеия 24h: -2.73 %, 7d: -3.22 %
Cегодня L: $2.605 - H: $2.7089
Капитализация $152.176b Rank 3
Цена в час новости $ 0.2687 (878.34%)

ripple price uptrend above xrp dollar remains

ripple price → Результатов: 126


Фото:

Ripple Price Prediction: Will XRP Climb to $25 While Whales Shift Their Attention to PlutoChain?

Ripple is still trending in the international money transfer space, with its ODL solution helping banks move funds faster and cheaper than ever before. As more financial institutions jump on board and new partnerships keep rolling in, some market participants are discussing whether XRP’s price could hit $25 – especially given the growing demand for [...]

2025-1-26 21:30


Фото:

Pundit Predicts Ripple’s XRP Surge to $366 Price Based on These Historical Indicators

XRP, the native cryptocurrency of the fintech company Ripple, started the new month on a sour note, with its price suffering a significant drop of just over 7% over the past 24 hours. Notably, apart from factors affecting the wider crypto sector, this dip was exacerbated by the abrupt cancellation of another highly anticipated closed-door meeting between […]

2024-8-2 17:30


Фото:

Ripple (XRP) price prediction for April

Ripple (XRP) price is trading comfortably above the $0.50 mark as bulls look to consolidate before pushing towards the next resistance line at $0.65. Fundamental analysis: Ripple buys a 40% stake in an Asian cross-border payments provider Tranglo Ripple has bought a large stake in Tranglo, a cross-border payments provider in a bid to satisfy […] The post Ripple (XRP) price prediction for April appeared first on Invezz.

2021-3-31 11:47


Фото:

Ripple (XRP) price is breaking out. Here are levels to watch

Ripple (XRP) price is trading over 12% higher this week despite a correction in Bitcoin. As a result, the price action has broken out of the consolidation range. Fundamental analysis: Judge drops a “bombshell”, says XRP has currency value and utility In the latest court session between the SEC and Ripple, Attorney Jeremy Hogan said […] The post Ripple (XRP) price is breaking out.

2021-3-23 16:31