XRP Price Prediction – This Resistance Is The Key To Next Rally

Name	Symbol	Market	Market Cap ($)	Algorithm
Internet Computer	ICPUSD	Crypto	3,289,019,918	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Internet Computer

ICPUSD

Crypto

3,289,019,918

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.090	-1.23%	7.20	7.20	7.20

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.090

-1.23%

7.20

High Price	Low Price	Open Price	Prev. Close	52 Week Range
7.35	6.92	7.27	7.29	2.81 - 20.96

High Price

Low Price

Open Price

Prev. Close

52 Week Range

7.35

6.92

7.27

7.29

2.81 - 20.96

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:35:54	28.46	7.20	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:35:54

28.46

7.20

USD

Price x Volume	Volume	Base Symbol	Related Pairs
2,216,529.97	311,540.00	ICP	ICPEUR	ICPGBP	ICPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

2,216,529.97

311,540.00

XRP Price Prediction – This Resistance Is The Key To Next Rally

09/01/2024 5:28am

NEWSBTC

XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance. XRP is attempting a fresh increase from the $0.4540 support level. The price is now trading below $0.5950 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.600 and $0.608 resistance levels. XRP Price Faces Hurdles This past week, XRP price saw a sharp decline below the $0.550 level. The price declined below the $0.500 support and even spiked below $0.480. A low was formed near $0.4541, and the price is now moving higher, like Bitcoin and Ethereum. There was a move above the $0.500 and $0.520 resistance levels. The bears cleared the 61.8% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. However, the price is still below $0.5950 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.595 zone or the 76.4% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. The first key resistance is near $0.600 and $0.608. There is also a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com A close above the $0.6080 resistance zone could spark a strong increase. The next key resistance is near $0.640. If the bulls remain in action above the $0.640 resistance level, there could be a rally toward the $0.670 resistance. Any more gains might send the price toward the $0.700 resistance. Another Drop? If XRP fails to clear the $0.608 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.550 zone. The next major support is at $0.520. If there is a downside break and a close below the $0.520 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.500 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 – $0.550, $0.520, and $0.500. Major Resistance Levels – $0.595, $0.600, and $0.608.

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ICPUSD Internet Computer