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BTCUSD Bitcoin

107,166.75

1,084.40 (1.02%)

09:37:19 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	2,119,783,667,546	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	1,084.40	1.02%	107,166.75	107,166.74	107,166.75

High Price	Low Price	Open Price	Prev. Close	52 Week Range
107,519.48	105,699.99	106,007.96	106,083.41	38,501.00 - 107,857.79

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:37:19	0.000010	107,167.82	USD

Price x Volume	Volume	Base Symbol	Related Pairs
440,641,999.92	4,133.21	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Reclaims Momentum: Is a Bigger Rally Ahead?

17/12/2024 4:08am

NEWSBTC

XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance. XRP price started a fresh increase above the $2.35 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.525 resistance. XRP Price Regains Traction XRP price started a decent upward move above the $2.40 level, like Bitcoin and Ethereum. There was a move above the $2.45 and $2.50 resistance levels. There was a break above a connecting bearish trend line with resistance at $2.44 on the hourly chart of the XRP/USD pair. The price even spiked above $2.550 before the bears appeared. A high was formed at $2.5870 and the price is now consolidating gains. There was a minor decline below $2.5250. The price dipped and tested the 50% Fib retracement level of the upward move from the $2.3272 swing low to the $2.5870 high. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.525 level. The first major resistance is near the $2.550 level. The next resistance is $2.5850. A clear move above the $2.5850 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.880. Another Drop? If XRP fails to clear the $2.525 resistance zone, it could start another decline. Initial support on the downside is near the $2.4550 level. The next major support is near the $2.420 level or the 61.8% Fib retracement level of the upward move from the $2.3272 swing low to the $2.5870 high. If there is a downside break and a close below the $2.420 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 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 – $2.4550 and $2.420. Major Resistance Levels – $2.5250 and $2.5850.

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