{"id":389223,"date":"2019-07-09T04:08:45","date_gmt":"2019-07-09T04:08:45","guid":{"rendered":"https:\/\/uniquehot.com\/?p=389223"},"modified":"2024-06-11T13:45:13","modified_gmt":"2024-06-11T13:45:13","slug":"ripple-price-xrp-eyes-fresh-weekly-high-bitcoin-breaks-12-5k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-price-xrp-eyes-fresh-weekly-high-bitcoin-breaks-12-5k\/","title":{"rendered":"Ripple Price (XRP) Eyes Fresh Weekly High: Bitcoin Breaks $12.5K"},"content":{"rendered":"<ul>\n<li>Ripple price remained in a positive zone and traded higher from $0.3860 against the US dollar.<\/li>\n<li>The price is now trading well above the $0.4000 level and it could continue to rise in the near term.<\/li>\n<li>Yesterday\u2019s highlighted major bullish trend line is intact with support near $0.4010 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The price is likely to break the last swing high near $0.4108 and it could even surge above $0.4200.<\/li>\n<\/ul>\n<p><em>Ripple price is gaining bullish momentum above $0.4000 against the US Dollar, while <a href=\"https:\/\/uniquehot.com\/2019\/07\/08\/crypto-market-and-bitcoin-facing-hurdles-bitcoin-bch-eos-trx-ada-analysis\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a> is surging above $12,500. XRP price might soon break the $0.4100 and $0.4200 resistances.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Recently, <a href=\"https:\/\/uniquehot.com\/2019\/07\/08\/bitcoin-btc-price-primed-for-more-gains-above-11500\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin price started a strong rally<\/a> and broke the $12,000 and $12,500 resistance levels. Ripple price also remained in a positive zone and it started a decent rise after forming a swing low near $0.3860. There was a steady rise above the $0.3920 and $0.3950 resistance levels. Moreover, the price broke the 50% Fib retracement level of the last slide from the $0.4110 swing high to $0.3860 low.<\/p>\n<p>The price is now trading well above the $0.4000 level and the 100 hourly simple moving average. More importantly, yesterday\u2019s highlighted major bullish trend line is intact with support near $0.4010 on the hourly chart of the XRP\/USD pair. The pair is trading near the 76.4% Fib retracement level of the last slide from the $0.4110 swing high to $0.3860 low.<\/p>\n<p>It seems like the bulls may soon clear the $0.4080 and $0.4100 resistance levels. Moreover, there are high chances of a fresh high above the $0.4110 swing high. The next major resistance is near the $0.4220 level, above which ripple price is likely to climb towards the $0.4400 or $0.4500 level in the near term. Conversely, if there is a downside correction, the price could find bids near $0.4020 or $0.4010 level.<\/p>\n<p>The main support is near the chancel support and $0.4000. If there is a successful close below the $0.4000 support, the price might decline towards the $0.3920 support or the 100 hourly simple moving average.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-389224\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=1828 1828w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-6.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/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 climbing with a positive angle above $0.4000. The current rise in BTC\/USD above $12,500 is likely to lift the market sentiment. Therefore, there are high chances of more gains in XRP above the $0.4100 and $0.4120 levels in the coming sessions.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is currently gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently well above the 60 level, with a bullish angle.<\/p>\n<p>Major Support Levels \u2013 $0.4050, $0.4010 and $0.3920.<\/p>\n<p>Major Resistance Levels \u2013 $0.4110, $0.4200 and $0.4220.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price remained in a positive zone and traded higher from $0.3860 against the US dollar. The price is now trading well above the $0.4000 level and it could continue to rise in the near term. Yesterday\u2019s highlighted major bullish trend line is intact with support near $0.4010 on the hourly chart of the XRP\/USD pair (data source from Kraken). The price is likely to break the last swing high near $0.4108 and it could even surge above $0.4200. Ripple price is gaining bullish momentum above $0.4000 against the US Dollar, while bitcoin is surging above $12,500. XRP price might soon break the $0.4100 and $0.4200 resistances. Ripple Price Analysis Recently, bitcoin price started a strong rally and broke the $12,000 and $12,500 resistance levels. Ripple price also remained in a positive zone and it started a decent rise after forming a swing low near $0.3860. There was a steady rise above the $0.3920 and $0.3950 resistance levels. Moreover, the price broke the 50% Fib retracement level of the last slide from the $0.4110 swing high to $0.3860 low. The price is now trading well above the $0.4000 level and the 100 hourly simple moving average. More importantly, yesterday\u2019s highlighted major bullish trend line is intact with support near $0.4010 on the hourly chart of the XRP\/USD pair. The pair is trading near the 76.4% Fib retracement level of the last slide from the $0.4110 swing high to $0.3860 low. It seems like the bulls may soon clear the $0.4080 and $0.4100 resistance levels. Moreover, there are high chances of a fresh high above the $0.4110 swing high. The next major resistance is near the $0.4220 level, above which ripple price is likely to climb towards the $0.4400 or $0.4500 level in the near term. Conversely, if there is a downside correction, the price could find bids near $0.4020 or $0.4010 level. The main support is near the chancel support and $0.4000. If there is a successful close below the $0.4000 support, the price might decline towards the $0.3920 support or the 100 hourly simple moving average. Looking at the chart, ripple price is clearly climbing with a positive angle above $0.4000. The current rise in BTC\/USD above $12,500 is likely to lift the market sentiment. Therefore, there are high chances of more gains in XRP above the $0.4100 and $0.4120 levels in the coming sessions. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is currently gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently well above the 60 level, with a bullish angle. Major Support Levels \u2013 $0.4050, $0.4010 and $0.3920. Major Resistance Levels \u2013 $0.4110, $0.4200 and $0.4220.<\/p>\n","protected":false},"author":67,"featured_media":162372,"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-389223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple Price (XRP) Eyes Fresh Weekly High: Bitcoin Breaks $12.5K<\/title>\n<meta name=\"description\" content=\"Ripple price is gaining bullish momentum above $0.4000 against the US Dollar, while bitcoin is surging above $12,500. 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XRP price might soon break the $0.4100 and $0.4200 resistances.","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-xrp-eyes-fresh-weekly-high-bitcoin-breaks-12-5k\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Price (XRP) Eyes Fresh Weekly High: Bitcoin Breaks $12.5K","og_description":"Ripple price is gaining bullish momentum above $0.4000 against the US Dollar, while bitcoin is surging above $12,500. 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