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BTCUSD Bitcoin

67,026.81

-577.66 (-0.85%)

10:33:35 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,315,277,625,304	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-577.66	-0.85%	67,026.81	67,026.78	67,027.18

High Price	Low Price	Open Price	Prev. Close	52 Week Range
67,786.84	66,243.96	67,588.16	67,604.47	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	10:33:34	0.003000	67,026.81	USD

Price x Volume	Volume	Base Symbol	Related Pairs
296,650,070.40	4,429.07	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Poised for More Upsides: Will the Rally Continue?

23/07/2024 5:48am

NEWSBTC

XRP price is showing positive signs above the $0.5880 zone. The price could accelerate higher if there is a clear move above the $0.6240 resistance. XRP price started a fresh increase above the $0.5880 zone. The price is now trading above $0.600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.6240 resistance zone. XRP Price Remains In Uptrend XRP price started another increase above the $0.5880 resistance. It outperformed Ethereum and Bitcoin with a decent increase above the $0.600 resistance zone. The bulls were able to pump the price toward the $0.6240 resistance zone. A high was formed at $0.6232 and the price is now consolidating gains. There was a minor decline below the $0.6150 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.5733 swing low to the $0.6232 high. The price is now trading above $0.600 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.600 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $0.5733 swing low to the $0.6232 high. If there is a fresh upward move, the price could face resistance near the $0.620 level. The first major resistance is near the $0.6240 level. The next key resistance could be $0.6350. A clear move above the $0.6350 resistance might send the price toward the $0.6550 resistance. The next major resistance is near the $0.6800 level. Any more gains might send the price toward the $0.700 resistance. Another Dip? If XRP fails to clear the $0.6240 resistance zone, it could start another decline. Initial support on the downside is near the $0.600 level and the trend line. The next major support is at $0.5920. If there is a downside break and a close below the $0.5920 level, the price might continue to decline toward the $0.5450 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 – $0.6000 and $0.5920. Major Resistance Levels – $0.6240 and $0.6350.

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