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BTCUSD Bitcoin

67,671.90

-485.12 (-0.71%)

13:54:10 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,328,169,710,906	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-485.12	-0.71%	67,671.90	67,671.90	67,671.91

High Price	Low Price	Open Price	Prev. Close	52 Week Range
68,495.00	66,961.37	68,153.86	68,157.02	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:54:10	0.000706	67,671.90	USD

Price x Volume	Volume	Base Symbol	Related Pairs
381,192,309.31	5,631.28	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Finds Relief: Will It Break Past $0.45 Amid Numerous Hurdles?

09/07/2024 5:48am

NEWSBTC

XRP price is slowly moving higher from the $0.400 support zone. The price is consolidating and might aim for a decent increase above $0.450. XRP price is attempting a recovery wave above the $0.420 zone. The price is now trading above $0.4250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent increase if it clears the $0.4450 and $0.450 resistance levels. XRP Price Eyes Recovery XRP price remained stable above the $0.40 level and recently started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above the $0.4120 and $0.4150 resistance levels. There was a break above a connecting bearish trend line with resistance at $0.420 on the hourly chart of the XRP/USD pair. The pair even spiked above the 61.8% Fib retracement level of the downward move from the $0.4499 swing high to the $0.4035 low. There was a move toward the $0.440 level. The price is now trading above $0.4250 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4385 level or the 76.4% Fib retracement level of the downward move from the $0.4499 swing high to the $0.4035 low. The first major resistance is near the $0.4450 level. The next key resistance could be $0.450. A clear move above the $0.450 resistance might send the price toward the $0.4650 resistance. The next major resistance is near the $0.4720 level. Any more gains might send the price toward the $0.4840 resistance. Another Decline? If XRP fails to clear the $0.4450 resistance zone, it could start another decline. Initial support on the downside is near the $0.420 level. The next major support is at $0.4050. If there is a downside break and a close below the $0.4050 level, the price might continue to decline toward the $0.3880 support 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 – $0.4200 and $0.4050. Major Resistance Levels – $0.4450 and $0.4500.

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