XRP Price Shows Resilience While BTC Sinks Deeper

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,915,371,116,460	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,915,371,116,460

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-296.07	-0.30%	97,165.12	97,165.11	97,165.12

Price Change

Price Change %

Current Price

Bid Price

Offer

-296.07

-0.30%

97,165.12

97,165.11

97,165.12

High Price	Low Price	Open Price	Prev. Close	52 Week Range
98,132.47	92,115.66	97,491.91	97,461.19	38,501.00 - 108,388.88

High Price

Low Price

Open Price

Prev. Close

52 Week Range

98,132.47

92,115.66

97,491.91

97,461.19

38,501.00 - 108,388.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:07:29	0.000980	97,165.12	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

16:07:29

0.000980

97,165.12

USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,637,793,850.53	17,162.82	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

1,637,793,850.53

17,162.82

XRP Price Shows Resilience While BTC Sinks Deeper

20/12/2024 4:08am

NEWSBTC

XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance. XRP price remained stable above the $2.20 zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.40 resistance. XRP Price Stays Above $2.20 XRP price remained well-bid above the $2.20 support level, unlike Bitcoin and Ethereum. A low was formed at $2.17 and the price traded in a range below the $2.40 level. There was a minor increase above the $2.25 and $2.30 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.35 level. There is also a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.40 level. The next resistance is $2.45 or the 50% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. A clear move above the $2.45 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.620 in the near term. The next major hurdle for the bulls might be $2.80. Are Dips Limited? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.25 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.050. Major Resistance Levels – $2.35 and $2.40.

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

BTCUSD Bitcoin