XRP Price Prediction: Ripple Bulls Are Not Done Yet And Still Aim $0.5

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	191,476,466,952	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ethereum

ETHUSD

Crypto

191,476,466,952

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.320	-0.02%	1,592.56	1,841.00	1,841.01

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.320

-0.02%

1,592.56

1,841.00

1,841.01

High Price	Low Price	Open Price	Prev. Close	52 Week Range
1,598.19	1,589.90	1,593.83	1,592.88	1,073.42 - 2,142.85

High Price

Low Price

Open Price

Prev. Close

52 Week Range

1,598.19

1,589.90

1,593.83

1,592.88

1,073.42 - 2,142.85

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	06:01:04	0.072581	1,592.56	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

06:01:04

0.072581

1,592.56

USD

Price x Volume	Volume	Base Symbol	Related Pairs
10,931,631.60	6,855.97	ETH	ETHEUR	ETHGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

10,931,631.60

6,855.97

XRP Price Prediction: Ripple Bulls Are Not Done Yet And Still Aim $0.5

28/03/2023 6:04am

NEWSBTC

Ripple is gaining pace above the $0.420 and $0.440 resistance levels against the US Dollar. XRP price is up over 5% and there could be more upsides in the near term. Ripple is gaining pace above the $0.465 resistance against the US dollar. The price is now trading above $0.465 and the 100 simple moving average (4-hours). There is a key rising channel forming with support near $0.4720 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair might continue to rise towards $0.500 or even $0.520 in the near term. Ripple Price Outperforms Bitcoin and Ethereum This past week, ripple’s XRP corrected gains and tested the $0.420 support against the US Dollar. The price remained well bid above the $0.420 zone and recently started a fresh increase. There was a clear move above the $0.435 and $0.440 resistance levels. The price is up over 25% in the past few days, outperforming bitcoin and ethereum. There was a break above the 50% Fib retracement level of the downward move from the $0.4926 swing high to $0.4096 low. XRP price is now trading above $0.465 and the 100 simple moving average (4-hours). There is also a key rising channel forming with support near $0.4720 on the 4-hours chart of the XRP/USD pair. It is attempting a close above the 76.4% Fib retracement level of the downward move from the $0.4926 swing high to $0.4096 low. On the upside, an initial resistance is near the $0.4920 zone. Source: XRPUSD on TradingView.com The first major resistance is near the $0.500 level. The next key resistance is near the $0.520 level. A successful break above the $0.520 resistance might send the price towards the $0.550 resistance. Any more gains might send the price towards the $0.580 level. Dips Supported in XRP? If ripple fails to clear the $0.492 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.4720 level and the channel trend line. The next major support is near $0.460. If there is a downside break and close below the $0.460 level, XRP price could extend losses. In the stated case, the price could even test the $0.420 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.472, $0.460 and $0.420. Major Resistance Levels – $0.492, $0.500 and $0.520.

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