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XRPUSD Ripple

0.5801

0.0423 (7.87%)

22:21:46 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	31,643,987,124	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0423	7.87%	0.5801	0.5801	0.5803

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	22:21:40	556.29	0.580	USD

Price x Volume	Volume	Base Symbol	Related Pairs
113,577,815.82	200,595,540.19	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Price Prediction: Ripple Plunges to $0.42: Can Bulls Save the Day?

09/05/2023 4:54am

NEWSBTC

Ripple is gaining bearish momentum below $0.45 against the US Dollar. XRP price is at risk of more losses if it breaks the $0.40 support. Ripple started a fresh decline from the $0.470 zone against the US dollar. The price is now trading below $0.450 and the 100 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.450 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might decline further if it stays below the $0.445 and $0.450 resistance levels. Ripple Price Breaks Support This past week, Ripple’s XRP attempted a fresh increase above the $0.465 level against the US Dollar. However, the bears remained active near the $0.47 level. A high was formed near $0.4704 and the price declined, similar to Bitcoin and Ethereum. There was a clear move below the $0.450 and $0.445 support levels. A low is formed near $0.4100 and the price is now consolidating losses. It is trading below $0.450 and the 100 simple moving average (4 hours). There is also a connecting bearish trend line forming with resistance near $0.450 on the 4-hour chart of the XRP/USD pair. Initial resistance is near the $0.440 zone. It is close to the 50% Fib retracement level of the recent decline from the $0.4704 swing high to the $0.4100 low. Source: XRPUSD on TradingView.com The first major resistance is near the $0.450 level and the trend line. The 61.8% Fib retracement level of the recent decline from the $0.4704 swing high to the $0.4100 low is also near the trend line. A successful break above the $0.445 and $0.450 resistance levels might send the price toward the $0.470 resistance. Any more gains might call for a test of the $0.535 resistance. More Losses in XRP? If ripple fails to clear the $0.450 resistance zone, it could continue to move down. Initial support on the downside is near the $0.410 zone. The next major support is near $0.40. If there is a downside break and a close below the $0.40 level, XRP’s price could extend losses. In the stated case, the price could test the $0.380 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.410, $0.400, and $0.380. Major Resistance Levels – $0.445, $0.450, and $0.470.

1 Year Ripple Chart

1 Year Ripple Chart

1 Month Ripple Chart

1 Month Ripple Chart

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