XRP Price Reclaims $0.50 and Indicators Suggest Fresh Surge To $0.70

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,251,590,985,528	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,251,590,985,528

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-268.32	-0.42%	63,624.19	63,624.19	63,624.20

Price Change

Price Change %

Current Price

Bid Price

Offer

-268.32

-0.42%

63,624.19

63,624.20

High Price	Low Price	Open Price	Prev. Close	52 Week Range
64,636.75	62,908.34	64,008.79	63,892.52	24,750.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

64,636.75

62,908.34

64,008.79

63,892.52

24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	22:11:20	0.001511	63,624.20	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

22:11:20

0.001511

63,624.20

USD

Price x Volume	Volume	Base Symbol	Related Pairs
341,697,081.88	5,354.69	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

341,697,081.88

5,354.69

XRP Price Reclaims $0.50 and Indicators Suggest Fresh Surge To $0.70

24/04/2024 6:00am

NEWSBTC

XRP price is recovering higher above the $0.500 resistance. The price is signaling a positive bias and might rally above the $0.580 and $0.600 levels. XRP is attempting a recovery wave above the $0.50 zone. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5220 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 $0.580 resistance. XRP Price Aims Higher After a sharp decline, XRP price found support near the $0.3880 zone. It formed a base and started a fresh increase above the $0.450 resistance, like Bitcoin and Ethereum. The bulls were able to push the price above the $0.50 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low. Besides, there was a break above a key bearish trend line with resistance at $0.5220 on the 4-hour chart of the XRP/USD pair. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.5650 level. The next key resistance is near $0.5820 or the 76.4% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low. Source: XRPUSD on TradingView.com A close above the $0.5820 resistance zone could spark a strong increase. The next key resistance is near $0.620. If the bulls remain in action above the $0.620 resistance level, there could be a rally toward the $0.680 resistance. Any more gains might send the price toward the $0.700 resistance. Another Drop? If XRP fails to clear the $0.5820 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level. The next major support is at $0.5150. If there is a downside break and a close below the $0.5150 level, the price might accelerate lower. In the stated case, the price could retest the $0.4650 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 above the 50 level. Major Support Levels – $0.540, $0.5150, and $0.4650. Major Resistance Levels – $0.5650, $0.5820, and $0.6200.

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

BTCUSD Bitcoin