XRP Price Prediction: Uptrend Remains Intact Above $0.38

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	30,241,831,143	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

30,241,831,143

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0032	-0.57%	0.5534	0.5533	0.5534

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.0032

-0.57%

0.5534

0.5533

0.5534

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.6011	0.5419	0.5559	0.5566	0.399480 - 0.950000

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.6011

0.5419

0.5559

0.5566

0.399480 - 0.950000

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	21:13:13	262.85	0.5534	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

21:13:13

262.85

0.5534

USD

Price x Volume	Volume	Base Symbol	Related Pairs
30,523,158.44	55,546,946.60	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

30,523,158.44

55,546,946.60

XRP Price Prediction: Uptrend Remains Intact Above $0.38

01/02/2023 5:58am

NEWSBTC

Ripple is rising steadily above the $0.40 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.410 resistance zone. Ripple is currently rising above the $0.40 resistance zone against the US dollar. The price is now trading above $0.40 and the 100 simple moving average (4-hours). There is a declining channel forming with resistance near $0.410 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if there is a clear move above the $0.410 resistance zone. Ripple Price Remains Supported After forming a base above $0.38, ripple’s XRP started a steady increase against the US Dollar. The price climbed above the $0.40 resistance zone to move into a positive zone, similar to bitcoin and ethereum. The bulls pushed the price above the $0.42 level and the 100 simple moving average (4-hours). The increase was such that xrp price even climbed above the $0.43 level. It traded to a new yearly high at $0.4324 before there was a downside correction. The price declined below the $0.40 level and tested $0.3850. A low is formed near $0.3861 and is currently rising. It is now trading above $0.40 and the 100 simple moving average (4-hours). It is also trading above the 23.6% Fib retracement level of the recent decline from the $0.4329 swing high to $0.3861 low. An immediate resistance is near the $0.41 zone. There is also a declining channel forming with resistance near $0.410 on the 4-hours chart of the XRP/USD pair. Source: XRPUSD on TradingView.com The next key resistance is near the $0.422 level. A successful break above the $0.422 resistance might send the price towards the $0.450 resistance. Any more gains might send the price towards the $0.50 level in the coming sessions. Dips Limited in XRP? If ripple fails to clear the $0.41 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.3960 level. The next major support is near $0.390. If there is a downside break and close below the $0.390 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.360 support. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining 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 – $0.390, $0.360 and $0.320. Major Resistance Levels – $0.410, $0.422 and $0.450.

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XRPUSD Ripple