XRP Price Holds Strong: Uptrend Shows No Signs of Slowing

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,668,271,354,142	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,668,271,354,142

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-2,621.37	-3.02%	84,271.38	84,271.38	84,271.39

Price Change

Price Change %

Current Price

Bid Price

Offer

-2,621.37

-3.02%

84,271.38

84,271.39

High Price	Low Price	Open Price	Prev. Close	52 Week Range
87,492.87	83,596.75	87,114.59	86,892.75	49,050.01 - 109,356.00

High Price

Low Price

Open Price

Prev. Close

52 Week Range

87,492.87

83,596.75

87,114.59

86,892.75

49,050.01 - 109,356.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	23:52:43	0.000156	84,271.38	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

23:52:43

0.000156

84,271.38

USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,071,020,880.74	12,562.89	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

1,071,020,880.74

12,562.89

XRP Price Holds Strong: Uptrend Shows No Signs of Slowing

20/01/2025 4:18am

NEWSBTC

XRP price started a fresh increase above the $3.050 level. The price is holding gains and might continue to rise if it clears the $3.20 resistance. XRP price gained over 15% and rallied toward the $3.40 zone. The price is now trading below $3.250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.880 support. XRP Price Dips To Support XRP price managed to start a fresh increase above the $2.750 and $2.880 resistance levels. The price outperformed both Bitcoin and Ethereum. There was a move above the $3.050 and $3.20 levels. The price tested the $3.40 zone and recently corrected some gains. A low was formed at $2.81 and the price is now recovering. There was a move above the $3.050 level. The price cleared the 50% Fib retracement level of the downward move from the $3.23 swing high to the $2.81 low. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There is also a connecting bearish trend line forming with resistance at $3.20 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.130 level or the 76.4% Fib retracement level of the downward move from the $3.23 swing high to the $2.81 low. The first major resistance is near the $3.20 level. The next resistance is $3.230. A clear move above the $3.230 resistance might send the price toward the $3.320 resistance. Any more gains might send the price toward the $3.40 resistance or even $3.420 in the near term. The next major hurdle for the bulls might be $3.50 and a new all-time high. Another Downside Correction? If XRP fails to clear the $3.20 resistance zone, it could start another decline. Initial support on the downside is near the $3.00 level. The next major support is near the $2.88 level. If there is a downside break and a close below the $2.88 level, the price might continue to decline toward the $2.750 support. The next major support sits near the $2.650 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 below the 50 level. Major Support Levels – $3.00 and $2.880. Major Resistance Levels – $3.130 and $3.20.

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