Gold vs US Dollar

Register to chat with like-minded investors on our interactive forums.

Get Started

XRPUSD Ripple

2.15

-0.050 (-2.27%)

15:20:38 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	122,178,326,227	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.050	-2.27%	2.15	2.15	2.15

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.23	2.13	2.20	2.20	0.382490 - 2.90

Exchange	Last Trade	Size	Trade Price	Currency
CRTO	15:20:37	67.00	2.15	USD

Price x Volume	Volume	Base Symbol	Related Pairs
219,878,613.27	100,848,983.72	XRP	XRPEUR	XRPGBP	XRPBTC

XRP Price at Risk: Can Support Levels Hold?

23/12/2024 4:08am

NEWSBTC

XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone. XRP price struggled to clear the $2.40 resistance zone. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down if it stays below the $2.30 resistance. XRP Price Faces Resistance At $2.40 XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin and Ethereum. However, the bears were active near the $2.38 and $2.40 levels. A high was formed at $2.38 and the price started a fresh decline. There was a move below the $2.30 and $2.25 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. There is also a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.25 level. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620. More Downsides? If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level or the 61.8% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. The next major support is near the $2.050 level. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.120 and $2.050. Major Resistance Levels – $2.25 and $2.30.

1 Year Ripple Chart

1 Year Ripple Chart

1 Month Ripple Chart

1 Month Ripple Chart

Exchange Traded

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions