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XRPUSD Ripple

2.02
-0.070 (-3.35%)
16:16:28 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Ripple XRPUSD Crypto 114,259,360,638 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  -0.070 -3.35% 2.02 2.02 2.02
High Price Low Price Open Price Prev. Close 52 Week Range
2.15 1.99 2.08 2.09 0.382490 - 2.90
Exchange Last Trade Size Trade Price Currency
BSTP 16:16:29 7.42 2.02 USD
Price x Volume Volume Base Symbol Related Pairs
230,378,771.12 111,979,416.39 XRP XRPEUR XRPGBP XRPBTC

XRP Price Eyes Critical Upside Break: Is a Surge Imminent?

18/09/2024 5:28am

NEWSBTC


XRP price is still facing many hurdles near $0.600. The price is consolidating gains and might aim for a clear move above $0.5920 and $0.600. XRP price remained supported near the $0.5620 zone. The price is now trading below $0.5850 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.5765 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP Price Holds Support XRP price formed a base above $0.5600 and started a fresh increase like Bitcoin and Ethereum. The price was able to clear the $0.5720 and $0.5850 resistance levels. It even cleared the $0.590 level and tested $0.5935. A high was formed at $0.5932 and the price is now correcting gains. There was a minor decline below the $0.5850 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.5602 swing low to the $0.8932 high. The price is now trading below $0.5850 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $0.5765 on the hourly chart of the XRP/USD pair. The channel support coincides with the 50% Fib retracement level of the upward move from the $0.5602 swing low to the $0.8932 high. On the upside, the price might face resistance near the $0.5850 level. The first major resistance is near the $0.5920 level. The next key resistance could be $0.600. A clear move above the $0.600 resistance might send the price toward the $0.6065 resistance. The next major resistance is near the $0.6120 level. Any more gains might send the price toward the $0.6250 resistance or even $0.6320 in the near term. Another Decline? If XRP fails to clear the $0.5850 resistance zone, it could start another decline. Initial support on the downside is near the $0.5765 level. The next major support is $0.5680. If there is a downside break and a close below the $0.5680 level, the price might continue to decline toward the $0.560 support in the near term. The next major support sits at $0.5500. 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 – $0.5765 and $0.5600. Major Resistance Levels – $0.5920 and $0.6000.

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