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BTCUSD Bitcoin

67,283.17

1,494.44 (2.27%)

10:28:28 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,317,772,164,643	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	1,494.44	2.27%	67,283.17	67,283.16	67,283.17

High Price	Low Price	Open Price	Prev. Close	52 Week Range
67,477.27	65,749.43	65,782.26	65,788.73	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	10:28:28	0.000020	67,283.17	USD

Price x Volume	Volume	Base Symbol	Related Pairs
240,417,039.61	3,600.48	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Positioned for a Surge: Is Another Rally on the Horizon?

26/07/2024 5:28am

NEWSBTC

XRP price is holding gains above the $0.5920 zone. The price could gain bullish momentum if it clears the $0.6120 resistance level. XRP price is consolidating gains below the $0.6120 resistance zone. The price is now trading near $0.6050 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.5920 support zone. XRP Price Eyes Fresh Increase XRP price remained stable above the $0.580 support zone. It traded as low as $0.5846 and recently started an upward move. There was a clear move above the $0.600 resistance zone, but it lagged momentum like Bitcoin and Ethereum. There was a move above the 50% Fib retracement level of the downward move from the $0.6257 swing high to the $0.5846 low. It is now trading near $0.6050 and the 100-hourly Simple Moving Average. If there are more upsides, the price could face resistance near the $0.6120 level. There is also a key contracting triangle forming with resistance at $0.6120 on the hourly chart of the XRP/USD pair. The stated triangle resistance is close to the 61.8% Fib retracement level of the downward move from the $0.6257 swing high to the $0.5846 low. The first major resistance is near the $0.6250 level. The next key resistance could be $0.6320. A clear move above the $0.6320 resistance might send the price toward the $0.6450 resistance. The next major resistance is near the $0.6550 level. Any more gains might send the price toward the $0.680 resistance. Another Decline? If XRP fails to clear the $0.6120 resistance zone, it could start another decline. Initial support on the downside is near the $0.6020 level. The next major support is at $0.5920 and the triangle’s trend line zone. If there is a downside break and a close below the $0.5920 level, the price might continue to decline toward the $0.580 support in the near term. The next major support sits at $0.5650. 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 near the 50 level. Major Support Levels – $0.5920 and $0.5800. Major Resistance Levels – $0.6120 and $0.6250.

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