Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising<\/title>\n<meta name=\"description\" content=\"Ripple is facing a strong resistance near the $0.1500 region. However, XRP price remains well supported above $0.1400 and it could soon start an increase towards $0.1700.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ripple-xrp-is-consolidating-and-could-start-rising\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising\" \/>\n<meta property=\"og:description\" content=\"Ripple is facing a strong resistance near the $0.1500 region. 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{"id":418583,"date":"2020-03-19T04:08:51","date_gmt":"2020-03-19T04:08:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=418583"},"modified":"2024-06-11T13:46:33","modified_gmt":"2024-06-11T13:46:33","slug":"ripple-xrp-is-consolidating-and-could-start-rising","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-xrp-is-consolidating-and-could-start-rising\/","title":{"rendered":"Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising"},"content":{"rendered":"

Ripple is facing a strong resistance near the $0.1500 region against the US Dollar. However, XRP price remains well supported above $0.1400 and it could soon start an increase towards $0.1700.<\/em><\/p>\n

\n
Ripple price is trading in a key range above the $0.1400 support level against the US dollar.<\/li>\n
There are a few key hurdles forming near the $0.1500 and $0.1550 levels.<\/li>\n
There is a major contracting triangle forming with resistance near $0.1485 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The price is likely to accelerate higher once it clears the $0.1485 and $0.1500 resistance levels.<\/li>\n<\/ul>\n
Ripple Price is Stuck in a Range<\/h2>\n
In the past few sessions, ripple remained well bid<\/a> above the $0.1320 and $0.1400 support levels. XRP price recovered further and climbed above the $0.1450 level.<\/p>\n
The bulls even pushed the price above the $0.1500 level, but they failed to gain strength. The price topped near the $0.1549 level and it remained below the 100 hourly simple moving average.<\/p>\n
There were mostly contracting range moves below the $0.1500 and $0.1550 resistance levels. Besides, ripple price tested the 50% Fib retracement level of the recovery wave from the $0.1280 low to $0.1549 high.<\/p>\n
It seems like there is a major contracting triangle forming with resistance near $0.1485 on the hourly chart<\/a> of the XRP\/USD pair. On the upside, there is a key resistance forming near $0.1485 and the 100 hourly SMA.<\/p>\n
$\"Ripple$ <\/a>
Ripple Price<\/figcaption><\/figure>\n
A successful break above the $0.1485 level and then a follow through above $0.1500 might open the doors for a decent upward move<\/a>. The next resistance is near the $0.1550 level, above which the price is likely to test the main $0.1700 resistance area.<\/p>\n
Range Break?<\/h2>\n
If ripple fails to surpass the $0.1485 and $0.1500 resistance levels, it could attempt a downside break. The first key support is near the $0.1400 level.<\/p>\n
The next support is near the $0.1384 level. It represents the 61.8% Fib retracement level of the recovery wave from the $0.1280 low to $0.1549 high.<\/p>\n
If there is a downside break below the $0.1384 level, there is a risk of a larger decline in the coming sessions. The next major support is seen near the $0.1300 and $0.1285 levels.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is currently showing no major bullish sign.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently rising and it is close to the 50 level.<\/p>\n
Major Support Levels \u2013 $0.1400, $0.1384 and $0.1300.<\/p>\n
Major Resistance Levels \u2013 $0.1485, $0.1500 and $0.1550.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple is facing a strong resistance near the $0.1500 region against the US Dollar. However, XRP price remains well supported above $0.1400 and it could soon start an increase towards $0.1700. Ripple price is trading in a key range above the $0.1400 support level against the US dollar. There are a few key hurdles forming near the $0.1500 and $0.1550 levels. There is a major contracting triangle forming with resistance near $0.1485 on the hourly chart of the XRP\/USD pair (data source from Kraken). The price is likely to accelerate higher once it clears the $0.1485 and $0.1500 resistance levels. Ripple Price is Stuck in a Range In the past few sessions, ripple remained well bid above the $0.1320 and $0.1400 support levels. XRP price recovered further and climbed above the $0.1450 level. The bulls even pushed the price above the $0.1500 level, but they failed to gain strength. The price topped near the $0.1549 level and it remained below the 100 hourly simple moving average. There were mostly contracting range moves below the $0.1500 and $0.1550 resistance levels. Besides, ripple price tested the 50% Fib retracement level of the recovery wave from the $0.1280 low to $0.1549 high. It seems like there is a major contracting triangle forming with resistance near $0.1485 on the hourly chart of the XRP\/USD pair. On the upside, there is a key resistance forming near $0.1485 and the 100 hourly SMA. A successful break above the $0.1485 level and then a follow through above $0.1500 might open the doors for a decent upward move. The next resistance is near the $0.1550 level, above which the price is likely to test the main $0.1700 resistance area. Range Break? If ripple fails to surpass the $0.1485 and $0.1500 resistance levels, it could attempt a downside break. The first key support is near the $0.1400 level. The next support is near the $0.1384 level. It represents the 61.8% Fib retracement level of the recovery wave from the $0.1280 low to $0.1549 high. If there is a downside break below the $0.1384 level, there is a risk of a larger decline in the coming sessions. The next major support is seen near the $0.1300 and $0.1285 levels. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is currently showing no major bullish sign. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently rising and it is close to the 50 level. Major Support Levels \u2013 $0.1400, $0.1384 and $0.1300. Major Resistance Levels \u2013 $0.1485, $0.1500 and $0.1550.<\/p>\n","protected":false},"author":67,"featured_media":418585,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,4],"tags":[3680,4531],"class_list":["post-418583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-analysis","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\nRipple (XRP) Is Consolidating In Key Range And It Could Start Rising<\/title>\n<meta name=\"description\" content=\"Ripple is facing a strong resistance near the $0.1500 region. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising","url":"http:\/\/uniquehot.com\/news\/ripple-xrp-is-consolidating-and-could-start-rising\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple-xrp-is-consolidating-and-could-start-rising\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/03\/Ripple-price-rise-xrpanalysis.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/03\/Ripple-price-rise-xrpanalysis.jpg?fit=1000%2C665"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","xrp"],"dateCreated":"2020-03-19T04:08:51Z","datePublished":"2020-03-19T04:08:51Z","dateModified":"2024-06-11T13:46:33Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple-xrp-is-consolidating-and-could-start-rising\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple-xrp-is-consolidating-and-could-start-rising\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/Ripple-price-rise-xrpanalysis.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/Ripple-price-rise-xrpanalysis.jpg?fit=1000%2C665\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"xrp\"],\"dateCreated\":\"2020-03-19T04:08:51Z\",\"datePublished\":\"2020-03-19T04:08:51Z\",\"dateModified\":\"2024-06-11T13:46:33Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/03\/Ripple-price-rise-xrpanalysis.jpg?fit=1000%2C665","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/418583"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=418583"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/418583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/418585"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=418583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=418583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=418583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}