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ETHUSD Ethereum

3,614.36
-29.12 (-0.80%)
10:23:04 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Ethereum ETHUSD Crypto 435,221,990,794 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  -29.12 -0.80% 3,614.36 3,613.88 3,614.25
High Price Low Price Open Price Prev. Close 52 Week Range
3,671.71 3,597.30 3,634.59 3,643.48 2,080.02 - 4,093.88
Exchange Last Trade Size Trade Price Currency
BSTP 10:23:04 0.645000 3,614.30 USD
Price x Volume Volume Base Symbol Related Pairs
180,015,503.20 49,487.43 ETH ETHEUR ETHGBP ETHBTC

XRP Price Rockets Past $2.50: Is More to Come?

02/12/2024 3:48am

NEWSBTC


XRP price is up over 30% and trading well above $2.20. The price is consolidating near $2.40 and might aim for more gains above the $2.50 level. XRP price is eyeing a fresh increase above the $2.00 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.08 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the $2.50 resistance. XRP Price Starts Fresh Increase Above $2.00 XRP price remained supported near the $1.500 zone. It formed a base and recently started an upward move above $1.80, beating Bitcoin and like Ethereum. There was a move above the $2.00 and $2.20 resistance levels. It is up over 30% and there was a move above the $2.50 level. A high is formed at $2.51 and the price is now consolidating gains. It dipped some points and tested the $2.30 level. There was a move below the 2.36% Fib retracement level of the upward move from the $1.818 swing low to the $2.510 high. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.08 on the hourly chart of the XRP/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $1.818 swing low to the $2.510 high. On the upside, the price might face resistance near the $2.450 level. The first major resistance is near the $2.500 level. The next key resistance could be $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.80 resistance or even $2.880 in the near term. The next major hurdle for the bulls might be $3.00. Another Pullback? If XRP fails to clear the $2.50 resistance zone, it could start a downside correction. Initial support on the downside is near the $2.350 level. The next major support is near the $2.250 level. If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.10 support. The next major support sits near the $2.00 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 – $2.3000 and $2.2000. Major Resistance Levels – $2.5000 and $2.6500.

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart