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XRPUSD Ripple

0.5171
0.0037 (0.72%)
15:56:54 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Ripple XRPUSD Crypto 28,310,456,756 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  0.0037 0.72% 0.5171 0.517 0.5171
High Price Low Price Open Price Prev. Close 52 Week Range
0.5229 0.5115 0.5144 0.5134 0.399480 - 0.950000
Exchange Last Trade Size Trade Price Currency
BSTP 15:57:00 4,834.57 0.51711 USD
Price x Volume Volume Base Symbol Related Pairs
12,631,249.92 24,344,067.36 XRP XRPEUR XRPGBP XRPBTC

Will XRP Price Hold 100 SMA and Trigger a Fresh Increase?

22/05/2024 3:28am

NEWSBTC


XRP price extended its increase above the $0.5450 resistance. The price is now correcting gains and might remain strong above the 100-hourly SMA. XRP extended its increase above the $0.5450 resistance zone. The price is now trading above $0.5250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5330 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is correcting gains, but there could be a fresh increase unless there is a close below the 100-hourly SMA. XRP Price Holds Ground After a close above the $0.520 level, XRP price remained in a positive zone, like Bitcoin and Ethereum. It cleared the $0.5320 and $0.5450 resistance levels. There was also a spike above the $0.550 level. A new weekly high was formed at $0.5571, and the price is now correcting gains. There was a move below the $0.5450 level. The price dipped below the 23.6% Fib retracement level of the upward wave from the $0.5065 swing low to the $0.5571 high. It is now trading above $0.530 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5330 on the hourly chart of the XRP/USD pair. Immediate resistance is near the $0.5380 level. The first key resistance is near $0.5450. A close above the $0.5450 resistance zone could send the price higher. The next key resistance is near $0.5570. If the bulls push the price above the $0.5570 resistance level, there could be a steady increase toward the $0.5650 resistance. Any more gains might send the price toward the $0.5720 resistance. More Losses? If XRP fails to clear the $0.5450 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5330 level and the trend line. It is close to the 50% Fib retracement level of the upward wave from the $0.5065 swing low to the $0.5571 high. The next major support is at $0.5250. The main support is now near $0.5185. If there is a downside break and a close below the $0.5185 level, the price might accelerate lower. In the stated case, the price could drop and test the $0.5065 support in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.5330 and $0.5185. Major Resistance Levels – $0.5450 and $0.5570.

1 Year Ripple Chart

1 Year Ripple Chart

1 Month Ripple Chart

1 Month Ripple Chart