{"id":376781,"date":"2019-04-02T04:40:43","date_gmt":"2019-04-02T04:40:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=376781"},"modified":"2024-06-11T13:13:09","modified_gmt":"2024-06-11T13:13:09","slug":"ripple-price-analysis-xrp-bulls-target-0-3200-or-higher","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrp-bulls-target-0-3200-or-higher\/","title":{"rendered":"Ripple Price Analysis: XRP Bulls Target $0.3200 or Higher"},"content":{"rendered":"<ul>\n<li>Ripple price is gaining bullish momentum above the $0.3100 and $0.3120 resistances against the US dollar.<\/li>\n<li>The price is placed nicely in a bullish zone, with resistances near $0.3140 and $0.3170.<\/li>\n<li>There is a decent connecting bullish trend line forming with support at $0.3100 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair is following a bullish path and there high chances of a run towards $0.3200 and $0.3250.<\/li>\n<\/ul>\n<p><em>Ripple price is trading with bullish moves against the US Dollar and <a href=\"https:\/\/uniquehot.com\/2019\/04\/01\/bitcoin-btc-price-could-make-a-sustained-move-higher\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a>. XRP is showing positive signs on charts and it could soon climb higher towards $0.3200 or even $0.3250.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, we saw a downside correction from the $0.3168 swing high in ripple price against the US Dollar. The XRP\/USD pair traded below the $0.3100 support and the $0.3080 pivot level. However, the $0.3020 level acted as a strong support along with the 100 hourly simple moving average. A swing low was formed at $0.3070 and later the price bounced back. It broke the $0.3100 resistance and settled well above the 100 hourly simple moving average.<\/p>\n<p>During the recent rise, the price broke a connecting bearish trend line with resistance at $0.3095 on the hourly chart. It opened the doors for more gains above the $0.3110 level. The price cleared the 50% Fib retracement level of the last drop from the $0.3170 swing high to $0.3070 low. Buyers pushed the price above the $0.3120 level. At present, the price is testing the 61.8% Fib retracement level of the last drop from the $0.3170 swing high to $0.3070 low. There is also a short term ascending channel in place with resistance at $0.3140.<\/p>\n<p>Therefore, a successful close above the $0.3140 resistance might push the price towards the $0.3170 swing high. The <a href=\"https:\/\/uniquehot.com\/2019\/04\/01\/ripple-xrp-price-analysis-further-gains-seem-likely\/\" target=\"_blank\" rel=\"noopener noreferrer \">next stop for buyers<\/a> could be $0.3200, which is a significant resistance. A clear break above the $0.3200 level may set the pace for a rally towards the $0.3250 level. On the downside, there is a strong support formed near the $0.3100 level. There is also a decent connecting bullish trend line forming with support at $0.3100 on the same chart.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-376782\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=1828 1828w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-1.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, ripple price is clearly trading in a bullish zone, with resistances near $0.3140 and $0.3170. It might trade in a range for a few hours, but buyers are likely to push the price above $0.3140 and $0.3170.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is slowly moving in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently placed nicely above the 55 level.<\/p>\n<p>Major Support Levels \u2013 $0.3110, $0.3100 and $0.3090.<\/p>\n<p>Major Resistance Levels \u2013 $0.3140, $0.3170 and $0.3200.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price is gaining bullish momentum above the $0.3100 and $0.3120 resistances against the US dollar. The price is placed nicely in a bullish zone, with resistances near $0.3140 and $0.3170. There is a decent connecting bullish trend line forming with support at $0.3100 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair is following a bullish path and there high chances of a run towards $0.3200 and $0.3250. Ripple price is trading with bullish moves against the US Dollar and bitcoin. XRP is showing positive signs on charts and it could soon climb higher towards $0.3200 or even $0.3250. Ripple Price Analysis Yesterday, we saw a downside correction from the $0.3168 swing high in ripple price against the US Dollar. The XRP\/USD pair traded below the $0.3100 support and the $0.3080 pivot level. However, the $0.3020 level acted as a strong support along with the 100 hourly simple moving average. A swing low was formed at $0.3070 and later the price bounced back. It broke the $0.3100 resistance and settled well above the 100 hourly simple moving average. During the recent rise, the price broke a connecting bearish trend line with resistance at $0.3095 on the hourly chart. It opened the doors for more gains above the $0.3110 level. The price cleared the 50% Fib retracement level of the last drop from the $0.3170 swing high to $0.3070 low. Buyers pushed the price above the $0.3120 level. At present, the price is testing the 61.8% Fib retracement level of the last drop from the $0.3170 swing high to $0.3070 low. There is also a short term ascending channel in place with resistance at $0.3140. Therefore, a successful close above the $0.3140 resistance might push the price towards the $0.3170 swing high. The next stop for buyers could be $0.3200, which is a significant resistance. A clear break above the $0.3200 level may set the pace for a rally towards the $0.3250 level. On the downside, there is a strong support formed near the $0.3100 level. There is also a decent connecting bullish trend line forming with support at $0.3100 on the same chart. Looking at the chart, ripple price is clearly trading in a bullish zone, with resistances near $0.3140 and $0.3170. It might trade in a range for a few hours, but buyers are likely to push the price above $0.3140 and $0.3170. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is slowly moving in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently placed nicely above the 55 level. Major Support Levels \u2013 $0.3110, $0.3100 and $0.3090. Major Resistance Levels \u2013 $0.3140, $0.3170 and $0.3200.<\/p>\n","protected":false},"author":67,"featured_media":328928,"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-376781","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 Bulls Target $0.3200 or Higher<\/title>\n<meta name=\"description\" content=\"Ripple price is trading with bullish moves against the US Dollar and bitcoin. 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XRP is showing positive signs on charts and it could soon climb higher towards $0.3200 or even $0.3250.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ripple-price-analysis-xrp-bulls-target-0-3200-or-higher\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Price Analysis: XRP Bulls Target $0.3200 or Higher","og_description":"Ripple price is trading with bullish moves against the US Dollar and bitcoin. 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