{"id":369835,"date":"2019-01-31T05:00:37","date_gmt":"2019-01-31T05:00:37","guid":{"rendered":"https:\/\/uniquehot.com\/?p=369835"},"modified":"2024-06-11T13:33:16","modified_gmt":"2024-06-11T13:33:16","slug":"ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/","title":{"rendered":"Ripple Price Analysis: XRP\u2019s Trend Overwhelmingly Bullish Above $0.3200"},"content":{"rendered":"<ul>\n<li>Ripple price rallied recently and broke the $0.3000, $0.3150 and $0.3250 resistances against the US dollar.<\/li>\n<li>There was a break above two bearish trend lines with resistance near $0.2920 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair traded above the $0.3320 level and it is currently correcting gains towards the $0.3210 support.<\/li>\n<\/ul>\n<p><em>Ripple price jumped back sharply in the bullish zone against the US Dollar and Bitcoin. XRP\/USD is trading with a positive bias and dips remain supported near $0.3200.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>After forming a solid support base near $0.2800, ripple price started a strong recovery against the US Dollar. The XRP\/USD pair rallied and broke many <a href=\"https:\/\/uniquehot.com\/2019\/01\/30\/ripple-price-analysis-xrp-at-clear-risk-of-further-declines\/\" target=\"_blank\" rel=\"noopener \">important resistances<\/a> such as $0.3000 and $0.3150. Buyers were able to clear the 61.8% Fib retracement level of the slide from the $0.3175 high to $0.2776 low. It opened the doors for more gains and the price settled above $0.3150 plus the 100 hourly simple moving average.<\/p>\n<p>More importantly, there was a break above two bearish trend lines with resistance near $0.2920 on the hourly chart of the XRP\/USD pair. The pair surpassed the $0.3200 and $0.3250 resistance levels to move into a <a href=\"https:\/\/uniquehot.com\/2019\/01\/29\/ripple-price-analysis-xrps-previous-support-now-resistance\/\" target=\"_blank\" rel=\"noopener \">positive zone<\/a>. The recent price action was positive above $0.3300 and the price formed a new weekly high at $0.3338. It is currently correcting lower towards the $0.3240 and $0.3210 supports. The 23.6% Fib retracement level of the recent wave from the $0.2827 low to $0.3338 high is near $0.3215 to act as a support. Moreover, there is a connecting bullish trend line in place with support at $0.3210 on the same chart.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-369836\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=1828 1828w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-18.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">chart<\/a>, ripple price is placed nicely in an uptrend above the $0.3200 and $0.3210 support levels. There could be a short term downside correction, but the price remains supported above $0.3150. On the upside, the key resistances are $0.3320, $0.3350 and $0.3420 in the near term.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD has reduced most of its bullish slope, signaling a downside correction.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently moving lower towards the 70 level.<\/p>\n<p>Major Support Level \u2013 $0.3210<\/p>\n<p>Major Resistance Level \u2013 $0.3320<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price rallied recently and broke the $0.3000, $0.3150 and $0.3250 resistances against the US dollar. There was a break above two bearish trend lines with resistance near $0.2920 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair traded above the $0.3320 level and it is currently correcting gains towards the $0.3210 support. Ripple price jumped back sharply in the bullish zone against the US Dollar and Bitcoin. XRP\/USD is trading with a positive bias and dips remain supported near $0.3200. Ripple Price Analysis After forming a solid support base near $0.2800, ripple price started a strong recovery against the US Dollar. The XRP\/USD pair rallied and broke many important resistances such as $0.3000 and $0.3150. Buyers were able to clear the 61.8% Fib retracement level of the slide from the $0.3175 high to $0.2776 low. It opened the doors for more gains and the price settled above $0.3150 plus the 100 hourly simple moving average. More importantly, there was a break above two bearish trend lines with resistance near $0.2920 on the hourly chart of the XRP\/USD pair. The pair surpassed the $0.3200 and $0.3250 resistance levels to move into a positive zone. The recent price action was positive above $0.3300 and the price formed a new weekly high at $0.3338. It is currently correcting lower towards the $0.3240 and $0.3210 supports. The 23.6% Fib retracement level of the recent wave from the $0.2827 low to $0.3338 high is near $0.3215 to act as a support. Moreover, there is a connecting bullish trend line in place with support at $0.3210 on the same chart. Looking at the chart, ripple price is placed nicely in an uptrend above the $0.3200 and $0.3210 support levels. There could be a short term downside correction, but the price remains supported above $0.3150. On the upside, the key resistances are $0.3320, $0.3350 and $0.3420 in the near term. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD has reduced most of its bullish slope, signaling a downside correction. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently moving lower towards the 70 level. Major Support Level \u2013 $0.3210 Major Resistance Level \u2013 $0.3320<\/p>\n","protected":false},"author":67,"featured_media":347583,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[3680,4531],"class_list":["post-369835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple Price Analysis: XRP\u2019s Trend Overwhelmingly Bullish Above $0.3200<\/title>\n<meta name=\"description\" content=\"Ripple price jumped back sharply in the bullish zone against the US Dollar and Bitcoin. 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XRP\/USD is trading with a positive bias and dips remain supported near $0.3200.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-31T05:00:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:33:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/08\/techanalysis-xrp4.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ripple Price Analysis: XRP\u2019s Trend Overwhelmingly Bullish Above $0.3200\",\"datePublished\":\"2019-01-31T05:00:37+00:00\",\"dateModified\":\"2024-06-11T13:33:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/\"},\"wordCount\":342,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/08\/techanalysis-xrp4.jpg?fit=1200%2C600\",\"keywords\":[\"Ripple\",\"xrp\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/\",\"name\":\"Ripple Price Analysis: XRP\u2019s Trend Overwhelmingly Bullish Above $0.3200\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrps-trend-overwhelmingly-bullish-above-0-3200\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/08\/techanalysis-xrp4.jpg?fit=1200%2C600\",\"datePublished\":\"2019-01-31T05:00:37+00:00\",\"dateModified\":\"2024-06-11T13:33:16+00:00\",\"description\":\"Ripple price jumped back sharply in the bullish zone against the US Dollar and Bitcoin. 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