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BTCUSD Bitcoin

60,858.02

546.10 (0.91%)

18:17:44 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,195,354,389,098	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	546.10	0.91%	60,858.02	60,858.01	60,858.02

High Price	Low Price	Open Price	Prev. Close	52 Week Range
61,122.66	60,273.80	60,306.17	60,311.92	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	18:17:45	0.000740	60,862.00	USD

Price x Volume	Volume	Base Symbol	Related Pairs
197,332,019.11	3,244.55	BTC	BTCEUR	BTCGBP	ETHBTC

Ripple (XRP) Range-Bound Struggle: Will It Break Free?

19/06/2024 5:48am

NEWSBTC

XRP price is struggling to gain bullish momentum above $0.50. The price must settle above $0.50 and $0.520 to start a steady increase in the near term. XRP price extended losses before it found support near the $0.4765 zone. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a decent increase if it settles above the $0.50 resistance zone. XRP Price Holds Support XRP price failed to start a fresh increase and again reacted to the downside like Bitcoin. There was a move below the $0.4800 level, but the bulls were active near the $0.4765 level. A low was formed at $0.4765 and the price is now correcting losses. There was a move above the $0.4850 and $0.4900 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $0.5104 swing high to the $0.4765 low. It is now trading above $0.4850 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4980 level and the 61.8% Fib retracement level of the downward move from the $0.5104 swing high to the $0.4765 low. There is also a key bearish trend line forming with resistance at $0.4980 on the hourly chart of the XRP/USD pair. The first key resistance is near $0.500. The next major resistance is near the $0.5020 level. A close above the $0.5020 resistance zone could send the price higher. The next key resistance is near $0.5200. If there is a clear move above the $0.520 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 Drop? If XRP fails to clear the $0.4980 resistance zone, it could start another decline. Initial support on the downside is near the $0.490 level and the 100-hourly Simple Moving Average. The next major support is at $0.4850. If there is a downside break and a close below the $0.4850 level, the price might gain bearish momentum. In the stated case, the price could even trade below the $0.4765 low in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.4850 and $0.4765. Major Resistance Levels – $0.4980 and $0.500.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

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