XRP Price Prediction – Bulls Could Take Advantage Of Price Dip To Restart Rally

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	31,905,868,397	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

31,905,868,397

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0503	9.35%	0.5883	0.5882	0.5883

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0503

9.35%

0.5883

0.5882

0.5883

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.5946	0.5326	0.538	0.5378	0.382490 - 0.852600

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.5946

0.5326

0.538

0.5378

0.382490 - 0.852600

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:40:26	5.83	0.5885	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:40:26

5.83

0.5885

USD

Price x Volume	Volume	Base Symbol	Related Pairs
91,419,965.22	162,694,016.85	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

91,419,965.22

162,694,016.85

XRP Price Prediction – Bulls Could Take Advantage Of Price Dip To Restart Rally

26/10/2023 6:38am

NEWSBTC

XRP price is correcting gains from the $0.585 resistance against the US Dollar. The bulls are active near $0.550 and might soon initiate a new rally. XRP started a strong increase above the $0.55 resistance. The price is now trading above $0.525 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5520 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might correct further lower, but the bulls could remain active near $0.5320. XRP Price Holds Ground After forming a base above the $0.478 level, XRP started a fresh increase. The recent pump in Bitcoin and Ethereum also dragged XRP higher. The price gained pace after it broke the $0.525 resistance. There was a move above the $0.550 and $0.565 resistance levels. Finally, it traded to a new multi-week high at $0.5859. Recently, there was a downside correction below the $0.575 level. The price declined below the 23.6% Fib retracement level of the upward move from the $0.4778 swing low to the $0.5859 high. The price is now trading above $0.525 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.5520 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com On the upside, immediate resistance is near the $0.563 level. A close above the $0.563 level could send the price toward the $0.585 resistance. If the bulls remain in action above the $0.585 resistance level, there could be a drift toward the $0.620 resistance. Any more gains might send XRP toward the $0.645 resistance. Are Dips Limited? If XRP fails to clear the $0.563 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5520 zone and the trend line. The next major support is at $0.532 or the 50% Fib retracement level of the upward move from the $0.4778 swing low to the $0.5859 high. If there is a downside break and a close below the $0.532 level, The price might accelerate lower. In the stated case, the price could retest the $0.505 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 – $0.552, $0.532, and $0.505. Major Resistance Levels – $0.563, $0.585, and $0.620.

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XRPUSD Ripple