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BTCUSD Bitcoin

65,201.30

-37.93 (-0.06%)

02:29:25 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,281,806,620,951	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-37.93	-0.06%	65,201.30	65,201.30	65,201.31

High Price	Low Price	Open Price	Prev. Close	52 Week Range
65,510.62	65,113.46	65,296.50	65,239.24	24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	02:29:25	0.000205	65,201.31	USD

Price x Volume	Volume	Base Symbol	Related Pairs
20,713,176.42	317.06	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Prediction – Will Bearish Trend Push Prices Under $0.50?

30/04/2024 6:34am

NEWSBTC

XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support. XRP is attempting a fresh increase and facing hurdles near $0.520. The price is now trading near $0.5150 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above the $0.520 resistance. XRP Price Aims Upside Break Recently, XRP price climbed above the $0.550 resistance and tested $0.570. A high was formed at $0.5705 before there was a pullback like Bitcoin and Ethereum. The price dipped below the $0.5250 support zone. It even spiked below $0.500 and tested $0.4980. A low was formed at $0.4990 and the price is now consolidating near the 23.6% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. It also trades near $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.520 level. There is also a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com The next key resistance is near $0.5350 or the 50% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. A close above the $0.5350 resistance zone could spark a strong increase. The next key resistance is near $0.570. If the bulls remain in action above the $0.570 resistance level, there could be a rally toward the $0.620 resistance. Any more gains might send the price toward the $0.680 resistance. More Losses? If XRP fails to clear the $0.520 resistance zone, it could start another decline. Initial support on the downside is near the $0.500 level. The next major support is at $0.490. If there is a downside break and a close below the $0.490 level, the price might accelerate lower. In the stated case, the price could retest the $0.460 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $0.500, $0.4990, and $0.460. Major Resistance Levels – $0.520, $0.5350, and $0.570.

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