XRP Price Fights for a Steady Climb: Will Bulls Prevail?

2024-11-11 07:48

XRP price gained pace for a move above the $0.5800 support zone. The price rallied toward $0.6150 resistance and recently corrected gains.

XRP price is struggling to rise steadily like Bitcoin. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5780 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it stays above the $0.5720 support zone. XRP Price Eyes More Gains

XRP price remained supported above the $0.5250 level. It formed a base and started a fresh increase above $0.5550, but gains were limited compared to Bitcoin and Ethereum. There was a move above the $0.5850 and $0.6000 resistance levels.

The bulls even pushed the price above the $0.6050 level before the bears appeared. A high was formed at $0.6162 before there was a pullback. The price dipped below $0.600 and tested $0.5640. A low was formed at $0.6162 and the price is now attempting a fresh increase.

There was a move above the $0.580 resistance. The price surpassed the 50% Fib retracement level of the recent decline from the $0.6162 swing high to the $0.5630 low.

The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5780 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $0.5950 level or the 61.8% Fib retracement level of the recent decline from the $0.6162 swing high to the $0.5630 low.

The first major resistance is near the $0.6040 level. The next key resistance could be $0.6150. A clear move above the $0.6150 resistance might send the price toward the $0.6220 resistance.

Any more gains might send the price toward the $0.6350 resistance or even $0.6420 in the near term. The next major hurdle might be $0.6500.

Another Decline?

If XRP fails to clear the $0.600 resistance zone, it could start another decline. Initial support on the downside is near the $0.5820 level. The next major support is near the $0.5780 level and the trend line.

If there is a downside break and a close below the $0.5780 level, the price might continue to decline toward the $0.5650 support in the near term. The next major support sits near the $0.5500 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 – $0.5820 and $0.5780.

Major Resistance Levels – $0.6000 and $0.6150.

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 above gains corrected bitcoin trading

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 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.

XRP Price Gains Fade Once Again: Will Support Hold?

XRP price gained pace for a move above the $0. 5500 support zone. The price rallied toward $0. 5780 resistance and then quickly faded most gains. XRP price is losing pace above the $0. 5500 zone. The price is now trading above $0.