XRP Price Prediction: Ripple Trades Near Make-or-Breaks Levels

Name	Symbol	Market	Market Cap ($)	Algorithm
Internet Computer	ICPUSD	Crypto	3,367,111,173	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Internet Computer

ICPUSD

Crypto

3,367,111,173

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.020	0.27%	7.31	7.31	7.32

Price Change

Price Change %

Current Price

Bid Price

Offer

0.020

0.27%

7.31

7.32

High Price	Low Price	Open Price	Prev. Close	52 Week Range
7.41	6.92	7.27	7.29	2.81 - 20.96

High Price

Low Price

Open Price

Prev. Close

52 Week Range

7.41

6.92

7.27

7.29

2.81 - 20.96

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	19:39:09	60.65	7.31	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

19:39:09

60.65

7.31

USD

Price x Volume	Volume	Base Symbol	Related Pairs
3,104,609.36	432,713.54	ICP	ICPEUR	ICPGBP	ICPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

3,104,609.36

432,713.54

XRP Price Prediction: Ripple Trades Near Make-or-Breaks Levels

25/04/2023 7:06am

NEWSBTC

Ripple is consolidating above the $0.440 support against the US Dollar. XRP price could recover if it clears the $0.480 resistance zone. Ripple started a fresh decline from the $0.5380 zone against the US dollar. The price is now trading below $0.500 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.450 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might decline further if it stays below the $0.480 and $0.500 resistance levels. Ripple Price Drops To $0.44 After a steady increase, Ripple’s XRP faced sellers near the $0.538 level against the US Dollar. A high was formed near $0.5382 and the price started a fresh decline, similar to Bitcoin and Ethereum. There was a clear move below the $0.520 and $0.500 support levels. The price even declined below $0.450 and tested $0.440. A low is formed near $0.4403 and the price is now consolidating losses. It is now trading below $0.500 and the 100 simple moving average (4 hours). There is also a key contracting triangle forming with support near $0.450 on the 4-hour chart of the XRP/USD pair. Initial resistance is near the $0.464 zone or the 23.6% Fib retracement level of the downward move from the $0.5382 swing high to the $0.4403 low. Source: XRPUSD on TradingView.com The first major resistance is near the $0.490 level or the 50% Fib retracement level of the downward move from the $0.5382 swing high to the $0.4403 low. A successful break above the $0.490 and $0.500 resistance levels might send the price toward the $0.5252 resistance. Any more gains might send the price toward the $0.5380 zone. More Losses in XRP? If ripple fails to clear the $0.490 resistance zone, it could continue to move down. Initial support on the downside is near the $0.452 zone. The next major support is near $0.440. The main support is near $0.400. If there is a downside break and a close below the $0.400 level, XRP’s price could extend losses. In the stated case, the price could test the $0.365 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.450, $0.440, and $0.400. Major Resistance Levels – $0.490, $0.500, and $0.538.

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ICPUSD Internet Computer