XRP Price Holds Strong, Aiming for More Upside Moves

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	325,105,061,397	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ethereum

ETHUSD

Crypto

325,105,061,397

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-90.73	-3.26%	2,696.17	2,696.18	2,696.65

Price Change

Price Change %

Current Price

Bid Price

Offer

-90.73

-3.26%

2,696.17

2,696.18

2,696.65

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2,858.92	2,674.53	2,788.24	2,786.90	2,112.00 - 4,109.67

High Price

Low Price

Open Price

Prev. Close

52 Week Range

2,858.92

2,674.53

2,788.24

2,786.90

2,112.00 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	20:26:59	0.001264	2,696.65	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

20:26:59

0.001264

2,696.65

USD

Price x Volume	Volume	Base Symbol	Related Pairs
451,302,837.44	163,592.58	ETH	ETHEUR	ETHGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

451,302,837.44

163,592.58

XRP Price Holds Strong, Aiming for More Upside Moves

19/11/2024 4:18am

NEWSBTC

XRP price is consolidating gains above the $1.050 support zone. The price could soon aim for more gains above the $1.180 resistance zone. XRP price started another increase above the $1.080 resistance. The price is now trading above $1.0850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could soon gain bullish momentum if it stays above the $1.00 support zone. XRP Price Aims Higher XRP price formed a base above the $1.00 level and recently started a fresh increase. It outperformed Bitcoin and Ethereum with a move above the $1.050 and $1.080 resistance levels. The price climbed above the 50% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low. The bulls even pushed the price above the $1.150 resistance level before the bears appeared. It seems like the price faced resistance near $1.170. The 61.8% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low is acting as a hurdle. However, there is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP/USD pair. The price is now trading above $1.080 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1680 level. The first major resistance is near the $1.200 level. The next key resistance could be $1.2740. A clear move above the $1.2740 resistance might send the price toward the $1.3220 resistance. Any more gains might send the price toward the $1.3500 resistance or even $1.3620 in the near term. The next major hurdle might be $1.450. Are Dips Supported? If XRP fails to clear the $1.1680 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.100 level and the trend line. The next major support is near the $1.060 level. If there is a downside break and a close below the $1.060 level, the price might continue to decline toward the $1.000 support in the near term. The next major support sits near the $0.980 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 – $1.1000 and $1.0600. Major Resistance Levels – $1.1700 and $1.2000.

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