XRP Price Prediction: 25% Surge Could Be Just Start of A Larger Trend

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	27,562,492,300	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

27,562,492,300

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0044	-0.84%	0.5174	0.6626	0.6627

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.0044

-0.84%

0.5174

0.6626

0.6627

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.521	0.51197	0.5205	0.5218	0.300000 - 0.950000

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.521

0.51197

0.5205

0.5218

0.300000 - 0.950000

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:51:02	177.17	0.5174	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

16:51:02

177.17

0.5174

USD

Price x Volume	Volume	Base Symbol	Related Pairs
13,007,162.02	25,182,284.15	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

13,007,162.02

25,182,284.15

XRP Price Prediction: 25% Surge Could Be Just Start of A Larger Trend

22/03/2023 6:50am

NEWSBTC

Ripple rallied above the $0.400 and $0.450 resistance levels against the US Dollar. XRP price is up over 25% and there could be more upsides in the near term. Ripple is gaining pace above the $0.450 resistance against the US dollar. The price is now trading above $0.45 and the 100 simple moving average (4-hours). There was a break above a contracting triangle with resistance near $0.3980 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair rallied sharply towards $0.500 and there are chances of more upsides in the near term. Ripple Price Starts Fresh Uptrend This past week, ripple’s XRP formed a base above the $0.350 zone against the US Dollar. The price started a steady increase above the $0.3650 resistance zone but lagged pace like bitcoin and ethereum. Finally, the bulls were able to clear a major hurdle near the $0.400 zone. Besides, there was a break above a contracting triangle with resistance near $0.3980 on the 4-hours chart of the XRP/USD pair. The pair rallied over 25% and there was a clear move above the $0.450 resistance. XRP price traded close to the $0.500 resistance. A high was formed near $0.4926 and the price is now correcting gains. It is now trading above $0.45 and the 100 simple moving average (4-hours). There was a move below the 23.6% Fib retracement level of the upward move from the $0.3720 swing low to $0.4926 high. However, the bulls are active above the $0.450 level. On the upside, an initial resistance is near the $0.4700 zone. Source: XRPUSD on TradingView.com The first major resistance is near the $0.4950 level. The next key resistance is near the $0.500 level. A successful break above the $0.500 resistance might send the price towards the $0.525 resistance. Any more gains might send the price towards the $0.540 level. Dips Supported in XRP? If ripple fails to clear the $0.495 resistance zone, it could continue to move down. An initial support on the downside is near the $0.450 level. The next major support is near $0.432. If there is a downside break and close below the $0.432 level, xrp price could extend losses. In the stated case, the price could even test the $0.400 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.450, $0.432 and $0.40. Major Resistance Levels – $0.47, $0.495 and $0.500.

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