XRP Bulls Charge Ahead: Rally Picks Up Speed

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	160,641,873,373	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

160,641,873,373

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.180	6.74%	2.85	2.85	2.85

Price Change

Price Change %

Current Price

Bid Price

Offer

0.180

6.74%

2.85

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.89	2.65	2.65	2.67	0.382490 - 2.90

High Price

Low Price

Open Price

Prev. Close

52 Week Range

2.89

2.65

2.67

0.382490 - 2.90

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	13:42:21	87.95	2.85	USD

Exchange

Last Trade

Size

Trade Price

Currency

BSTP

13:42:21

87.95

2.85

USD

Price x Volume	Volume	Base Symbol	Related Pairs
727,465,080.52	259,730,953.41	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

727,465,080.52

259,730,953.41

XRP Bulls Charge Ahead: Rally Picks Up Speed

15/01/2025 4:08am

NEWSBTC

XRP price started a fresh increase above the $2.50 level. The price is gaining pace and could rally further above the $2.880 resistance. XRP price gained over 5% and rallied above the $2.550 zone. The price is now trading above $2.550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.60 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.60 support. XRP Price Turns Green Above $2.50 XRP price managed to start a fresh increase above the $2.42 and $2.45 resistance levels. The price gained over 5% and outperformed both Bitcoin and Ethereum. There was a move above the $2.50 and $2.50 levels. The bulls even pumped the price above the $2.75 resistance to start another increase. It traded as high as $2.875 and is currently consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.332 swing low to the $2.875 high. The price is now trading above $2.550 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.60 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.8750 level. The first major resistance is near the $2.92 level. The next resistance is $3.00. A clear move above the $3.00 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.200 resistance or even $3.25 in the near term. The next major hurdle for the bulls might be $3.320. Downside Correction? If XRP fails to clear the $2.8750 resistance zone, it could start another decline. Initial support on the downside is near the $2.750 level. The next major support is near the $2.600 level and the trend line. It is close to the 50% Fib retracement level of the upward move from the $2.332 swing low to the $2.875 high. If there is a downside break and a close below the $2.60 level, the price might continue to decline toward the $2.550 support. The next major support sits near the $2.50 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 – $2.750 and $2.60. Major Resistance Levels – $2.875 and $3.000.

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XRPUSD Ripple