XRP Price Prediction: 25% Surge Could Be Just Start of A Larger Trend

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,298,134,122,124	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,298,134,122,124

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-780.63	-1.17%	66,077.32	66,077.30	66,077.31

Price Change

Price Change %

Current Price

Bid Price

Offer

-780.63

-1.17%

66,077.32

66,077.30

66,077.31

High Price	Low Price	Open Price	Prev. Close	52 Week Range
67,225.66	66,001.39	66,802.61	66,857.95	24,750.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

67,225.66

66,001.39

66,802.61

66,857.95

24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	12:32:53	0.000530	66,077.32	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

12:32:53

0.000530

66,077.32

USD

Price x Volume	Volume	Base Symbol	Related Pairs
187,891,031.66	2,825.14	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

187,891,031.66

2,825.14

XRP Price Prediction: 25% Surge Could Be Just Start of A Larger Trend

22/03/2023 6:50am

NEWSBTC

Ripple rallied above the $0.400 and $0.450 resistance levels against the US Dollar. XRP price is up over 25% and there could be more upsides in the near term. Ripple is gaining pace above the $0.450 resistance against the US dollar. The price is now trading above $0.45 and the 100 simple moving average (4-hours). There was a break above a contracting triangle with resistance near $0.3980 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair rallied sharply towards $0.500 and there are chances of more upsides in the near term. Ripple Price Starts Fresh Uptrend This past week, ripple’s XRP formed a base above the $0.350 zone against the US Dollar. The price started a steady increase above the $0.3650 resistance zone but lagged pace like bitcoin and ethereum. Finally, the bulls were able to clear a major hurdle near the $0.400 zone. Besides, there was a break above a contracting triangle with resistance near $0.3980 on the 4-hours chart of the XRP/USD pair. The pair rallied over 25% and there was a clear move above the $0.450 resistance. XRP price traded close to the $0.500 resistance. A high was formed near $0.4926 and the price is now correcting gains. It is now trading above $0.45 and the 100 simple moving average (4-hours). There was a move below the 23.6% Fib retracement level of the upward move from the $0.3720 swing low to $0.4926 high. However, the bulls are active above the $0.450 level. On the upside, an initial resistance is near the $0.4700 zone. Source: XRPUSD on TradingView.com The first major resistance is near the $0.4950 level. The next key resistance is near the $0.500 level. A successful break above the $0.500 resistance might send the price towards the $0.525 resistance. Any more gains might send the price towards the $0.540 level. Dips Supported in XRP? If ripple fails to clear the $0.495 resistance zone, it could continue to move down. An initial support on the downside is near the $0.450 level. The next major support is near $0.432. If there is a downside break and close below the $0.432 level, xrp price could extend losses. In the stated case, the price could even test the $0.400 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.450, $0.432 and $0.40. Major Resistance Levels – $0.47, $0.495 and $0.500.

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