Gold vs US Dollar

Register for streaming realtime charts, analysis tools, and prices.

Get Started

BTCUSD Bitcoin

57,929.67

-206.82 (-0.36%)

07:21:52 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,136,330,309,393	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-206.82	-0.36%	57,929.67	57,930.69	57,933.03

High Price	Low Price	Open Price	Prev. Close	52 Week Range
58,254.88	57,824.03	58,135.76	58,136.49	25,763.43 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	07:21:52	0.004952	57,920.00	USD

Price x Volume	Volume	Base Symbol	Related Pairs
68,365,787.37	1,178.57	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Rallies 25%: Can This Breakout Continue?

08/08/2024 5:28am

NEWSBTC

XRP price started a major increase above $0.500 after court’s ruling. The price is up over 25% and eyes more upsides above the $0.640 resistance. XRP price started a strong increase above the $0.500 and $0.550 levels. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.640 resistance zone. XRP Price Starts Fresh Surge XRP price formed a base above $0.450 and started a major increase beating Ethereum and Bitcoin. The price was able to surpass the $0.5150 and $0.550 resistance levels. It gained over 25% and broke many hurdles near the $0.600 level. A high was formed at $0.6473 and the price recently corrected some gains. There was a move below the $0.600 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.4922 swing low to the $0.6477 high. However, the bulls are active near $0.5880. It is still trading above $0.600 and the 100-hourly Simple Moving Average. On the upside, the price is facing hurdles near the $0.6250 level. The first major resistance is near the $0.6350 level. The next key resistance could be $0.640. A clear move above the $0.640 resistance might send the price toward the $0.6550 resistance. The next major resistance is near the $0.6880 level. Any more gains might send the price toward the $0.700 resistance or even $0.720 in the near term. Are Dips Supported? If XRP fails to clear the $0.620 resistance zone, it could start another decline. Initial support on the downside is near the $0.600 level. The next major support is at $0.5880. If there is a downside break and a close below the $0.5880 level, the price might continue to decline toward the $0.570 support or the 50% Fib retracement level of the upward move from the $0.4922 swing low to the $0.6477 high. The next major support sits at $0.540. 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 – $0.600 and $0.5880. Major Resistance Levels – $0.6200 and $0.6400.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions