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BTCUSD Bitcoin

73,807.87

4,493.23 (6.48%)

09:17:07 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,458,303,529,748	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	4,493.23	6.48%	73,807.87	73,807.87	73,812.73

High Price	Low Price	Open Price	Prev. Close	52 Week Range
75,410.10	69,285.82	69,416.55	69,314.64	34,530.67 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:17:07	0.001516	73,803.56	USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,904,023,956.22	25,947.14	BTC	BTCEUR	BTCGBP	ETHBTC

XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?

04/10/2024 5:08am

NEWSBTC

XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance. XRP price declined further below the $0.5250 zone. The price is now trading below $0.5450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could struggle to recover above the $0.5650 and $0.5800 resistance levels. XRP Price Extends Losses XRP price extended its decline below the $0.580 level, underperforming Bitcoin and Ethereum. The price even declined heavily below the $0.5450 support zone. A low was formed at $0.5070 and the price is now consolidating losses. There was a minor move above the $0.5150 level. The price is still well below the 23.6% Fib retracement level of the downward wave from the $0.6640 swing high to the $0.5070 low. The price is now trading above $0.5450 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5440 level. The first major resistance is near the $0.5550 level. The next key resistance could be $0.5800. There is also a key bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the downward wave from the $0.6640 swing high to the $0.5070 low. A clear move above the $0.5850 resistance might send the price toward the $0.600 resistance. Any more gains might send the price toward the $0.6120 resistance or even $0.6250 in the near term. Another Decline? If XRP fails to clear the $0.5440 resistance zone, it could start another decline. Initial support on the downside is near the $0.5150 level. The next major support is near the $0.5080 level. If there is a downside break and a close below the $0.5080 level, the price might continue to decline toward the $0.4920 support in the near term. The next major support sits near the $0.4850 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 – $0.5150 and $0.5080. Major Resistance Levels – $0.5440 and $0.5850.

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