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XRPUSD Ripple

0.4739

-0.00175 (-0.37%)

10:21:25 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	25,866,231,544	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.00175	-0.37%	0.4739	0.4737	0.4738

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4781	0.4721	0.47527	0.47565	0.399480 - 0.950000

Exchange	Last Trade	Size	Trade Price	Currency
GEMN	10:21:26	100.73	0.47413	USD

Price x Volume	Volume	Base Symbol	Related Pairs
27,341,314.52	57,454,792.63	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Price Recovers Past 100 SMA: Bullish Indicators Ahead?

17/06/2024 7:08am

NEWSBTC

XRP price started a decent recovery wave above $0.4850. The price reclaimed the 100-hourly SMA and might aim for more upsides. XRP price found support at $0.4600 and started a recovery wave. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.4860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise unless it fails to stay above the $0.4820 support zone. XRP Price Signals Recovery XRP price extended losses below the $0.4650 level like Bitcoin. However, the bulls took a stand near $0.4600, and the price recently started a decent recovery wave like Ethereum. There was a move above the $0.4680 and $0.4720 resistance levels. Besides, there was a break above a key bearish trend line with resistance at $0.4860 on the hourly chart of the XRP/USD pair. The pair even spiked above the $0.5000 zone. A high was formed at $0.5049 and the price is now correcting gains. There was a move below the $0.4950 support zone. There was a drop below the 23.6% Fib retracement level of the upward move from the $0.4600 swing low to the 0.5049 high. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4950 level. The first key resistance is near $0.4980. The next major resistance is near the $0.5050 level. A close above the $0.5050 resistance zone could send the price higher. The next key resistance is near $0.5250. If there is a close above the $0.5250 resistance level, there could be a steady increase toward the $0.5320 resistance. Any more gains might send the price toward the $0.5500 resistance. Another Decline? If XRP fails to clear the $0.4980 resistance zone, it could continue to move down. Initial support on the downside is near the $0.4850 level and the 100-hourly Simple Moving Average. The next major support is at $0.4720. If there is a downside break and a close below the $0.4720 level, the price might gain bearish momentum. In the stated case, the price could decline and retest the $0.460 support in the near term. 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 – $0.4850 and $0.4720. Major Resistance Levels – $0.4980 and $0.5050.

1 Year Ripple Chart

1 Year Ripple Chart

1 Month Ripple Chart

1 Month Ripple Chart

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