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BTCUSD Bitcoin

64,888.35
2,038.56 (3.24%)
11:21:35 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Bitcoin BTCUSD Crypto 1,281,736,079,809 SHA-256d
  Price Change Price Change % Current Price Bid Price Offer
  2,038.56 3.24% 64,888.35 64,887.22 64,888.35
High Price Low Price Open Price Prev. Close 52 Week Range
64,914.63 62,426.67 62,837.00 62,849.79 26,797.00 - 73,835.57
Exchange Last Trade Size Trade Price Currency
GDAX 11:21:35 0.000015 64,888.35 USD
Price x Volume Volume Base Symbol Related Pairs
457,035,278.01 7,155.42 BTC BTCEUR BTCGBP ETHBTC

XRP Price Range-Bound: Can It Break Out or Stay Stuck?

14/10/2024 6:58am

NEWSBTC


XRP price is moving higher from the $0.5250 support. The price could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP price is attempting a fresh increase above the $0.5320 support. The price is now trading above $0.5350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.5310 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP Price Holds Key Support XRP price remained stable above the $0.5240 support. A base was formed and the price started a fresh increase above $0.5350 like Bitcoin and Ethereum. The price climbed above the 61.8% Fib retracement level of the downward move from the $0.5430 swing high to the $0.5252 low. Besides, there was a break above a key bearish trend line with resistance at $0.5310 on the hourly chart of the XRP/USD pair. The price is now trading above $0.5350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5390 level. It is close to the 76.4% Fib retracement level of the downward move from the $0.5430 swing high to the $0.5252 low. The first major resistance is near the $0.5400 level. The next key resistance could be $0.5450. A clear move above the $0.5450 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5680 resistance or even $0.5750 in the near term. The next major hurdle might be $0.600, where the bears might emerge. Another Decline? If XRP fails to clear the $0.540 resistance zone, it could start another decline. Initial support on the downside is near the $0.5340 level and the 100-hourly Simple Moving Average. The next major support is near the $0.5280 level. If there is a downside break and a close below the $0.5280 level, the price might continue to decline toward the $0.5250 support in the near term. The next major support sits near the $0.5120 zone. 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 – $0.5340 and $0.5280. Major Resistance Levels – $0.5400 and $0.5450.

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