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XRPUSD Ripple

0.6109

-0.0079 (-1.28%)

17:47:21 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	33,455,332,594	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0079	-1.28%	0.6109	0.6108	0.6109

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.6252	0.5944	0.6187	0.6188	0.382490 - 0.785000

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:47:21	900.00	0.6109	USD

Price x Volume	Volume	Base Symbol	Related Pairs
54,442,828.44	89,430,862.58	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Maintains Support: Can It Rise Amid BTC and ETH Declines?

25/07/2024 4:48am

NEWSBTC

XRP price extended gains above the $0.6220 zone. The price tested the $0.6330 zone before there was a pullback amid declines in BTC and ETH. XRP price started a downside correction from the $0.6330 zone. The price is now trading near $0.600 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.590 support zone. XRP Price Holds Uptrend Support XRP price extended its increase above the $0.6150 resistance. It even climbed above the $0.6220 resistance before the bears appeared. A high was formed at $0.6330 before Bitcoin and Ethereum dragged the market lower. There was a move below the $0.6150 and $0.6120 levels. The price declined below the 50% Fib retracement level of the upward move from the $0.5802 swing low to the $0.6330 high. It is now trading near $0.600 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $0.5920 on the hourly chart of the XRP/USD pair. The trend line is close to the 76.4% Fib retracement level of the upward move from the $0.5802 swing low to the $0.6330 high. If there is a fresh upward move, the price could face resistance near the $0.6120 level. The first major resistance is near the $0.6200 level. The next key resistance could be $0.6220. A clear move above the $0.6220 resistance might send the price toward the $0.6350 resistance. The next major resistance is near the $0.6500 level. Any more gains might send the price toward the $0.680 resistance. More Losses? If XRP fails to clear the $0.6120 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5950 level. The next major support is at $0.5920 and the trend line zone. If there is a downside break and a close below the $0.5920 level, the price might continue to decline toward the $0.580 support in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.5920 and $0.5800. Major Resistance Levels – $0.6120 and $0.6220.

1 Year Ripple Chart

1 Year Ripple Chart

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1 Month Ripple Chart

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