XRP Price Bulls Stay In Control: Uptrend Poised to Continue

Name	Symbol	Market	Market Cap ($)	Algorithm
TRON	TRXUSD	Crypto	20,073,640,074	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

TRON

TRXUSD

Crypto

20,073,640,074

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.009586	4.31%	0.232252	0.23241	0.232442

Price Change

Price Change %

Current Price

Bid Price

Offer

0.009586

4.31%

0.232252

0.23241

0.232442

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.232976	0.221472	0.222666	0.222666	0.077142 - 0.449994

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.232976

0.221472

0.222666

0.077142 - 0.449994

Exchange	Last Trade	Size	Trade Price	Currency
KRKN	23:07:38	239.29	0.232252	USD

Exchange

Last Trade

Size

Trade Price

Currency

KRKN

23:07:38

239.29

0.232252

USD

Price x Volume	Volume	Base Symbol	Related Pairs
281,212.74	1,230,282.32	TRX	TRXEUR	TRXGBP	TRXBTC

Price x Volume

Volume

Base Symbol

Related Pairs

281,212.74

1,230,282.32

XRP Price Bulls Stay In Control: Uptrend Poised to Continue

30/01/2025 4:08am

NEWSBTC

XRP price started a strong increase above the $2.950 zone. The price is now consolidating gains and might aim for more gains above the $3.15 zone. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.020 and the 100-hourly Simple Moving Average. There is a bullish flag pattern forming with resistance at $3.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $3.150 resistance zone. XRP Price Remains Supported For More Gains XRP price started a fresh increase above the $2.850 zone, outperforming Bitcoin and Ethereum. The price rallied above the $2.95 and $3.00 resistance levels. It even surged above $3.150. A high was formed at $3.214 and the price recently corrected some gains. There was a move below the $3.12 level. The price dipped below the 23.6% Fib retracement level of the upward wave from the $2.6562 swing low to the $3.214 high. The price is now trading above $3.020 and the 100-hourly Simple Moving Average. There is also a bullish flag pattern forming with resistance at $3.10 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.10 level. The first major resistance is near the $3.150 level. The next resistance is $3.20. A clear move above the $3.20 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.350 resistance or even $3.420 in the near term. The next major hurdle for the bulls might be $3.50. Another Decline? If XRP fails to clear the $3.10 resistance zone, it could start another decline. Initial support on the downside is near the $3.020 level. The next major support is near the $2.950 level or the 50% Fib retracement level of the upward wave from the $2.6562 swing low to the $3.214 high. If there is a downside break and a close below the $2.950 level, the price might continue to decline toward the $2.850 support. The next major support sits near the $2.70 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 – $3.00 and $2.950. Major Resistance Levels – $3.10 and $3.150.

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