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BTCUSD Bitcoin

69,564.52
1,739.24 (2.56%)
15:23:50 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Bitcoin BTCUSD Crypto 1,382,004,885,539 SHA-256d
  Price Change Price Change % Current Price Bid Price Offer
  1,739.24 2.56% 69,564.52 69,558.07 69,558.08
High Price Low Price Open Price Prev. Close 52 Week Range
70,310.00 67,427.53 67,852.74 67,818.84 34,500.00 - 73,835.57
Exchange Last Trade Size Trade Price Currency
GDAX 15:23:49 0.000387 69,556.33 USD
Price x Volume Volume Base Symbol Related Pairs
755,088,756.78 10,953.27 BTC BTCEUR BTCGBP ETHBTC

XRP Price Flashes Breakout Signal: Are Short-Term Gains Coming?

27/08/2024 5:58am

NEWSBTC


XRP price is attempting a fresh increase from the $0.5785 support zone. The price could gain bullish pace if it clears the $0.60 resistance. XRP price is eyeing a fresh increase from the $0.5785 level. The price is now trading below $0.600 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain momentum if it clears the $0.600 and $0.6050 resistance levels. XRP Price Aims Steady Increase XRP price extended its decline below the $0.5920 support. It tested the $0.5785 zone. A low was formed at $0.5788 and the price is now attempting a fresh increase unlike Bitcoin and Ethereum. There was a move above the $0.5850 and $0.5880 levels. The price cleared the 23.6% Fib retracement level of the downward move from the $0.6306 swing high to the $0.5788 low. Besides, there was a break above a connecting bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair. The price is still trading below $0.600 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.600 level. The first major resistance is near the $0.6020 level. The next key resistance could be $0.6050 or the 50% Fib retracement level of the downward move from the $0.6306 swing high to the $0.5788 low. A clear move above the $0.6050 resistance might send the price toward the $0.6160 resistance. The next major resistance is near the $0.6250 level. Any more gains might send the price toward the $0.6350 resistance or even $0.650 in the near term. Another Decline? If XRP fails to clear the $0.60 resistance zone, it could start another decline. Initial support on the downside is near the $0.5850 level. The next major support is at $0.5785. If there is a downside break and a close below the $0.5785 level, the price might continue to decline toward the $0.550 support in the near term. The next major support sits at $0.5320. 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 – $0.5850 and $0.5785. Major Resistance Levels – $0.6000 and $0.6050.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart