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XRPUSD Ripple

2.40

0.370 (18.23%)

15:58:21 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	135,188,055,409	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.370	18.23%	2.40	2.40	2.40

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.45	2.08	2.08	2.03	0.382490 - 2.90

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:58:21	31.56	2.40	USD

Price x Volume	Volume	Base Symbol	Related Pairs
367,582,287.33	153,404,093.25	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Price Gains Fade Once Again: Will Support Hold?

08/11/2024 4:08am

NEWSBTC

XRP price gained pace for a move above the $0.5500 support zone. The price rallied toward $0.5780 resistance and then quickly faded most gains. XRP price is losing pace above the $0.5500 zone. The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it stays above the $0.5250 support zone. XRP Price Eyes More Upsides XRP price remained supported above the $0.5150 level. It formed a base and started a fresh increase above $0.5250 like Bitcoin and Ethereum. There was a move above the $0.5350 and $0.5500 resistance levels. The bulls even pushed the price above the $0.5650 level before the bears appeared. A high is formed at $0.5758 and the price is correcting gains. There was a move below the $0.5650 support. It dipped below the 23.6% Fib retracement level of the upward move from the $0.4948 swing low to the $0.5758 high. The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5360 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $0.4948 swing low to the $0.5758 high. On the upside, the price might face resistance near the $0.5600 level. The first major resistance is near the $0.5650 level. The next key resistance could be $0.5780. A clear move above the $0.5780 resistance might send the price toward the $0.5880 resistance. Any more gains might send the price toward the $0.5920 resistance or even $0.6000 in the near term. The next major hurdle might be $0.6200. More Losses? If XRP fails to clear the $0.5650 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5450 level. The next major support is near the $0.5360 level and the trend line. If there is a downside break and a close below the $0.5360 level, the price might continue to decline toward the $0.5250 support in the near term. The next major support sits near the $0.5120 zone. 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 – $0.5450 and $0.5360. Major Resistance Levels – $0.5600 and $0.5650.

1 Year Ripple Chart

1 Year Ripple Chart

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1 Month Ripple Chart

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