XRP Price Gains 10%, Stealing The Spotlight from Bitcoin

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	173,085,962,155	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

173,085,962,155

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.090	-2.87%	3.05	3.05	3.05

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.090

-2.87%

3.05

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3.15	2.92	3.11	3.14	0.382490 - 3.20

High Price

Low Price

Open Price

Prev. Close

52 Week Range

3.15

2.92

3.11

3.14

0.382490 - 3.20

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:39:05	0.400000	3.05	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

09:39:05

0.400000

3.05

USD

Price x Volume	Volume	Base Symbol	Related Pairs
630,477,143.60	207,042,109.38	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

630,477,143.60

207,042,109.38

XRP Price Gains 10%, Stealing The Spotlight from Bitcoin

16/01/2025 4:08am

NEWSBTC

XRP price started a fresh increase above the $2.80 level. The price is up over 10% and might continue to rise if it clears the $3.20 resistance. XRP price gained over 10% and rallied above the $2.80 zone. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.650 support. XRP Price Gains Traction Above $2.80 XRP price managed to start a fresh increase above the $2.50 and $2.65 resistance levels. The price gained over 10% and outperformed both Bitcoin and Ethereum. There was a move above the $2.80 and $2.850 levels. The bulls even pumped the price above the $2.92 resistance to start another increase. It traded as high as $3.20 and is currently consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.333 swing low to the $3.20 high. The price is now trading above $2.90 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.880 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.050 level. The first major resistance is near the $3.12 level. The next resistance is $3.20. A clear move above the $3.20 resistance might send the price toward the $3.320 resistance. Any more gains might send the price toward the $3.450 resistance or even $3.50 in the near term. The next major hurdle for the bulls might be $3.620. Downside Correction? If XRP fails to clear the $3.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.980 level. The next major support is near the $2.800 level and the trend line. It is close to the 50% Fib retracement level of the upward move from the $2.333 swing low to the $3.20 high. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward the $2.650 support. The next major support sits near the $2.50 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.980 and $2.80. Major Resistance Levels – $3.050 and $3.20.

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XRPUSD Ripple