XRP Price Poised for a Bullish Path Unless This Support Paves Way

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	31,360,282,412	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

31,360,282,412

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0067	1.18%	0.5763	0.5763	0.5764

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0067

1.18%

0.5763

0.5764

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.5869	0.5402	0.5691	0.5696	0.382490 - 0.852600

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.5869

0.5402

0.5691

0.5696

0.382490 - 0.852600

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	22:24:02	43.37	0.5763	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

22:24:02

43.37

0.5763

USD

Price x Volume	Volume	Base Symbol	Related Pairs
80,567,120.65	143,589,195.83	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

80,567,120.65

143,589,195.83

XRP Price Poised for a Bullish Path Unless This Support Paves Way

11/07/2024 5:18am

NEWSBTC

XRP price shows positive signs above the $0.4250 support zone. The price could gain bullish momentum if there is a move above the $0.4450 and $0.450 resistance levels. XRP price is attempting a recovery wave above the $0.4250 zone. The price is now trading above $0.4320 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.4350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish pace if it clears the $0.4450 and $0.450 resistance levels. XRP Price Eyes Upside Break XRP price remained in a positive zone above the $0.4150 level and extended its recovery wave, like Bitcoin and Ethereum. The price was able to climb above the $0.4250 and $0.4320 resistance levels. The price even cleared the $0.440 level, but it remained below the $0.4450 resistance zone. A high was formed at $0.4430 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $0.4204 swing low to the $0.4430 high. The price is also trading above $0.4320 and the 100-hourly Simple Moving Average. Besides, there is a key rising channel forming with support at $0.4350 on the hourly chart of the XRP/USD pair. On the upside, the price is facing resistance near the $0.4450 level. The first major resistance is near the $0.4500 level. The next key resistance could be $0.4550. A clear move above the $0.4550 resistance might send the price toward the $0.4680 resistance. The next major resistance is near the $0.4720 level. Any more gains might send the price toward the $0.480 resistance. Fresh Decline? If XRP fails to clear the $0.4450 resistance zone, it could start another decline. Initial support on the downside is near the $0.4350 level and the channel trend line. The next major support is at $0.4310 and the 50% Fib retracement level of the upward move from the $0.4204 swing low to the $0.4430 high. If there is a downside break and a close below the $0.4310 level, the price might continue to decline toward the $0.420 support in the near term. 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 – $0.4310 and $0.4200. Major Resistance Levels – $0.4450 and $0.4500.

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XRPUSD Ripple