XRP Price Fresh Surge: Bulls Gear Up for Action

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	127,269,089,820	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

127,269,089,820

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.060	-2.61%	2.24	2.24	2.24

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.060

-2.61%

2.24

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.31	2.24	2.31	2.30	0.382490 - 2.90

High Price

Low Price

Open Price

Prev. Close

52 Week Range

2.31

2.24

2.31

2.30

0.382490 - 2.90

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	06:22:55	5.84	2.24	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

06:22:55

5.84

2.24

USD

Price x Volume	Volume	Base Symbol	Related Pairs
49,356,702.67	21,738,610.97	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

49,356,702.67

21,738,610.97

XRP Price Fresh Surge: Bulls Gear Up for Action

24/12/2024 4:08am

NEWSBTC

XRP price remained stable above the $2.10 zone. The price is moving higher and might aim for a fresh surge above the $2.30 resistance zone. XRP price is attempting a fresh increase above the $2.20 resistance zone. The price is now trading near $2.25 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.185 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent increase if it clears the $2.30 resistance. XRP Price Eyes A Comeback XRP price started a fresh increase from the $2.12 support level, unlike Bitcoin and Ethereum. There was a decent increase above the $2.15 and $2.20 levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $2.383 swing high to the $2.130 low. There was also a break above a connecting bearish trend line with resistance at $2.185 on the hourly chart of the XRP/USD pair. However, the bears were active near the $2.25 and $2.26 levels. The price is now trading near $2.25 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.265 level. The first major resistance is near the $2.28 level. It is near the 61.8% Fib retracement level of the downward move from the $2.383 swing high to the $2.130 low. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.420 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.680. Another Decline? If XRP fails to clear the $2.30 resistance zone, it could start another decline. Initial support on the downside is near the $2.188 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.180 and $2.120. Major Resistance Levels – $2.28 and $2.30.

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XRPUSD Ripple