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XRPUSD Ripple

0.547

-0.0071 (-1.28%)

04:05:50 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	30,929,217,028	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0071	-1.28%	0.547	0.547	0.5471

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.5542	0.5455	0.553	0.5541	- - -

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:05:50	26.49	0.5471	USD

Price x Volume	Volume	Base Symbol	Related Pairs
4,614,226.64	8,397,908.70	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Price Trapped in a Tight Range: Will It Break Free?

30/08/2024 5:18am

NEWSBTC

ItXRP price remained in a tight range below the $0.60 barrier. The price could extend losses if there is a close below the $0.5550 support zone. XRP price started a consolidation phase below the $0.600 zone. The price is now trading below $0.5750 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.570 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could attempt a recovery wave if it clears the $0.5750 resistance zone. XRP Price Starts Consolidation XRP price remained stable above the $0.5550 support like Bitcoin and Ethereum. The price attempted a recovery wave, but it was short-lived. It climbed above the $0.5650 level and tested $0.5750 before there was another decline. The price retested the $0.5550 support. A low was formed at $0.5567 and the price is now consolidating losses. It managed to rise above the 23.6% Fib retracement level of the recent decline from the $0.5767 swing high to the $0.5567 low. The price is still trading below $0.5750 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5680 level. The first major resistance is near the $0.570 level. There is also a connecting bearish trend line forming with resistance at $0.570 on the hourly chart of the XRP/USD pair. The trend line is close to the 61.8% Fib retracement level of the recent decline from the $0.5767 swing high to the $0.5567 low. The next key resistance could be $0.5750. A clear move above the $0.5750 resistance might send the price toward the $0.5850 resistance. The next major resistance is near the $0.6020 level. Any more gains might send the price toward the $0.6160 resistance or even $0.6250 in the near term. More Losses? If XRP fails to clear the $0.570 resistance zone, it could start another decline. Initial support on the downside is near the $0.560 level. The next major support is at $0.5550. If there is a downside break and a close below the $0.5550 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits at $0.5120. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.5600 and $0.5550. Major Resistance Levels – $0.5700 and $0.5850.

1 Year Ripple Chart

1 Year Ripple Chart

1 Month Ripple Chart

1 Month Ripple Chart

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