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ETHUSD Ethereum

2,978.05

-8.79 (-0.29%)

09:55:16 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	357,357,820,369	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-8.79	-0.29%	2,978.05	2,977.79	2,978.01

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2,999.99	2,909.35	2,984.13	2,986.84	1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:55:14	0.003371	2,978.05	USD

Price x Volume	Volume	Base Symbol	Related Pairs
82,423,033.82	27,864.46	ETH	ETHEUR	ETHGBP	ETHBTC

XRP Price Shows Increased Strength: Can It Sustain The Recovery?

12/07/2024 5:28am

NEWSBTC

XRP price extended its increase above the $0.440 resistance zone. The price is showing positive signs and might rise further above the $0.4550 resistance level. XRP price is attempting a recovery wave above the $0.4400 zone. The price is now trading above $0.440 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.4390 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains if there is a close above the $0.450 resistance level. XRP Price Aims Higher XRP price remained in a positive zone above the $0.4250 level and extended its recovery wave, like Ethereum and outperformed Bitcoin. The price was able to climb above the $0.4320 and $0.4400 resistance levels. The price even cleared the $0.4450 level and spiked above $0.450. A high was formed at $0.4547 and the price is now consolidating gains. There was a minor decline below the $0.4450 level. The price tested the 50% Fib retracement level of the upward move from the $0.4307 swing low to the $0.4547 high. The price is now trading above $0.440 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $0.4390 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 $0.4307 swing low to the $0.4547 high. On the upside, the price is facing resistance near the $0.4550 level. The first major resistance is near the $0.4620 level. The next key resistance could be $0.4650. A clear move above the $0.4650 resistance might send the price toward the $0.480 resistance. The next major resistance is near the $0.4880 level. Any more gains might send the price toward the $0.500 resistance. Are Dips Supported? If XRP fails to clear the $0.4550 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.4450 level. The next major support is at $0.4390 and the trend line. If there is a downside break and a close below the $0.4390 level, the price might continue to decline toward the $0.4220 support in the near term. 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 – $0.4450 and $0.4390. Major Resistance Levels – $0.4550 and $0.4800.

1 Year Ethereum Chart

1 Year Ethereum Chart

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1 Month Ethereum Chart

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