XRP Price Could Rally If It Clears This Hurdle

Name	Symbol	Market	Market Cap ($)	Algorithm
Internet Computer	ICPUSD	Crypto	4,148,023,723	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Internet Computer

ICPUSD

Crypto

4,148,023,723

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.070	0.78%	9.02	9.01	9.01

Price Change

Price Change %

Current Price

Bid Price

Offer

0.070

0.78%

9.02

9.01

High Price	Low Price	Open Price	Prev. Close	52 Week Range
9.19	8.81	8.94	8.95	2.81 - 20.96

High Price

Low Price

Open Price

Prev. Close

52 Week Range

9.19

8.81

8.94

8.95

2.81 - 20.96

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:21:43	16.47	9.02	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:21:43

16.47

9.02

USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,758,521.60	195,515.95	ICP	ICPEUR	ICPGBP	ICPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

1,758,521.60

195,515.95

XRP Price Could Rally If It Clears This Hurdle – $0.75 Next?

03/01/2024 6:38am

NEWSBTC

XRP price is consolidating above the $0.600 support. The price could start a fresh rally if there is a daily close above the $0.650 resistance. XRP is attempting a fresh increase from the $0.600 support level. The price is now trading above $0.620 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.6380 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.638 and $0.650 resistance levels. XRP Price Aims Higher After a downside correction, XRP price found support near the $0.600 zone. The price formed a base and started a minor increase above the $0.612 level, but upsides were limited and less compared to Bitcoin and Ethereum. The price spiked a few times above the 50% Fib retracement level of the key decline from the $0.700 swing high to the $0.578 swing low. However, the bears protected a close above the $0.650 resistance. It is now consolidating below $0.640. XRP is stable above $0.620 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.638 zone. There is also a key contracting triangle forming with resistance near $0.6380 on the 4-hour chart of the XRP/USD pair. The next major resistance is near the $0.650 zone or the 61.8% Fib retracement level of the key decline from the $0.700 swing high to the $0.578 swing low. A close above the $0.650 resistance zone could spark a strong increase. Source: XRPUSD on TradingView.com The next key resistance is near $0.672. If the bulls remain in action above the $0.672 resistance level, there could be a rally toward the $0.700 resistance. Any more gains might send the price toward the $0.720 resistance. Downside Break? If XRP fails to clear the $0.638 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.610 zone and the triangle trend line. The next major support is at $0.600. If there is a downside break and a close below the $0.600 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.550 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 – $0.610, $0.600, and $0.550. Major Resistance Levels – $0.638, $0.650, and $0.700.

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ICPUSD Internet Computer