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XRPUSD Ripple

0.4779

0.0032 (0.67%)

15:28:40 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	26,128,112,817	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0032	0.67%	0.4779	0.4778	0.4779

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4804	0.4736	0.4746	0.4747	0.399480 - 0.950000

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:28:40	262.17	0.4778	USD

Price x Volume	Volume	Base Symbol	Related Pairs
14,957,978.05	31,349,628.68	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Price Faces Hurdles: Will It Overcome the Obstacles?

06/06/2024 5:08am

NEWSBTC

XRP price is slowly moving higher above the $0.5200 zone. It is now facing hurdles near $0.5320 and might correct lower in the near term. XRP is attempting a fresh increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $0.5260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct lower toward the $0.5220 support before the bulls appear again. XRP Price Gains Traction XRP price remained well-supported above the $0.5120 zone and extended its increase like Bitcoin and Ethereum. The price was able to clear the $0.5200 and $0.5250 levels. There was a clear move above the $0.5300 resistance and the price tested the $0.5320 zone. A high was formed at $0.5325 and the price is now correcting gains. It traded below the 23.6% Fib retracement level of the upward move from the $0.5080 swing low to the $0.5325 high. There was also a break below a key bullish trend line with support at $0.5260 on the hourly chart of the XRP/USD pair. The pair is now trading above $0.5220 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.5200 level. The first key resistance is near $0.5320. The next major resistance is near the $0.5350 level. A close above the $0.5350 resistance zone could send the price higher. The next key resistance is near $0.550. If there is a close above the $0.550 resistance level, there could be a steady increase toward the $0.5560 resistance. Any more gains might send the price toward the $0.5650 resistance. More Losses? If XRP fails to clear the $0.5350 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5260 level. The next major support is at $0.5200 or the 50% Fib retracement level of the upward move from the $0.5080 swing low to the $0.5325 high. If there is a downside break and a close below the $0.520 level, the price might accelerate lower. In the stated case, the price could decline and retest the $0.5120 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 – $0.5260 and $0.5220. Major Resistance Levels – $0.5300 and $0.5320.

1 Year Ripple Chart

1 Year Ripple Chart

1 Month Ripple Chart

1 Month Ripple Chart

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