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ETHUSD Ethereum

3,559.36

-62.13 (-1.72%)

19:43:17 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	427,900,779,694	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-62.13	-1.72%	3,559.36	3,559.35	3,559.36

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,640.00	3,463.38	3,622.38	3,621.49	1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	19:43:18	0.001069	3,559.36	USD

Price x Volume	Volume	Base Symbol	Related Pairs
391,735,918.57	110,492.63	ETH	ETHEUR	ETHGBP	ETHBTC

XRP Price Dips: Another Setback or a Buying Opportunity?

27/05/2024 3:28am

NEWSBTC

XRP price again struggled to continue higher above the $0.5450 resistance. It is now moving lower and might test the $0.512 support zone. XRP is showing a few bearish signs from the $0.5420 zone. The price is now trading below $0.5350 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $0.5360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum if it stays below the $0.5420 resistance zone. XRP Price Faces Rejection After a close above the $0.5320 level, XRP price extended its increase like Bitcoin and Ethereum. However, the bears were active near the $0.5420 resistance zone. A high was formed at $0.5422 and the price started a downside correction. There was a move below the $0.5320 support zone and the 23.6% Fib retracement level of the upward move from the $0.5028 swing low to the $0.5422 high. Besides, there was a break below a key contracting triangle with support at $0.5360 on the hourly chart of the XRP/USD pair. The pair is now trading below $0.5350 and the 100-hourly Simple Moving Average. Immediate resistance is near the $0.5320 level. The first key resistance is near $0.5420. A close above the $0.5420 resistance zone could send the price higher. The next key resistance is near $0.5450. If the bulls push the price above the $0.5450 resistance level, there could be a steady increase toward the $0.5550 resistance. Any more gains might send the price toward the $0.5740 resistance. More Losses? If XRP fails to clear the $0.5420 resistance zone, it could start another decline within the range. Initial support on the downside is near the $0.5225 level and the 50% Fib retracement level of the upward move from the $0.5028 swing low to the $0.5422 high. The next major support is at $0.5120. If there is a downside break and a close below the $0.5120 level, the price might gain bearish momentum. In the stated case, the price could decline and retest the $0.5025 support in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.5225 and $0.5120. Major Resistance Levels – $0.5320 and $0.5420.

1 Year Ethereum Chart

1 Year Ethereum Chart

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1 Month Ethereum Chart

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