XRP Price Danger Zone: Key Support Levels to Watch

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	25,975,348,741	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

25,975,348,741

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0028	-0.58%	0.4768	0.4767	0.4768

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.0028

-0.58%

0.4768

0.4767

0.4768

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4802	0.463	0.4794	0.4796	0.399480 - 0.950000

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.4802

0.463

0.4794

0.4796

0.399480 - 0.950000

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:46:10	30.76	0.4768	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:46:10

30.76

0.4768

USD

Price x Volume	Volume	Base Symbol	Related Pairs
21,030,939.07	44,333,234.79	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

21,030,939.07

44,333,234.79

XRP Price Danger Zone: Key Support Levels to Watch

14/06/2024 5:08am

NEWSBTC

XRP price failed to stay above the $0.4840 support zone. The price declined and tested the $0.4750 support zone, and is now at risk of more losses. XRP extended losses and traded below the $0.4840 support zone. The price is now trading below $0.4880 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.4880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover, but the upside might be limited above the $0.4920 resistance. XRP Price Extend Losses XRP price failed to recover above the $0.4950 resistance like Ethereum and Bitcoin. The price started a fresh decline from the $0.4981 high. There was a move below the $0.4880 and $0.4850 levels. The price declined below the $0.480 level. A low was formed at $0.4746 and the price is now consolidating losses. It is testing the 23.6% Fib retracement level of the recent decline from the $0.4981 swing high to the $0.4746 low. The price is now trading below $0.4920 and the 100-hourly Simple Moving Average. If the bulls protect the $0.4740 support, there might be an upside correction. On the upside, the price is facing resistance near the $0.4820 level. The first key resistance is near $0.4850 or the 50% Fib retracement level of the recent decline from the $0.4981 swing high to the $0.4746 low. There is also a connecting bearish trend line forming with resistance at $0.4880 on the hourly chart of the XRP/USD pair. The next major resistance is near the $0.4950 level. A close above the $0.4950 resistance zone could send the price higher. The next key resistance is near $0.5050. If there is a close above the $0.5050 resistance level, there could be a steady increase toward the $0.5250 resistance. Any more gains might send the price toward the $0.5320 resistance. More Downsides? If XRP fails to clear the $0.4850 resistance zone, it could continue to move down. Initial support on the downside is near the $0.4740 level. The next major support is at $0.470. If there is a downside break and a close below the $0.470 level, the price might gain bearish momentum. In the stated case, the price could decline and retest the $0.450 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 – $0.4740 and $0.4700. Major Resistance Levels – $0.4850 and $0.4920.

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XRPUSD Ripple