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{"id":421716,"date":"2020-04-24T05:58:40","date_gmt":"2020-04-24T05:58:40","guid":{"rendered":"https:\/\/uniquehot.com\/?p=421716"},"modified":"2024-06-11T13:47:53","modified_gmt":"2024-06-11T13:47:53","slug":"ripple-xrp-bulls-in-the-drivers-seat","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-xrp-bulls-in-the-drivers-seat\/","title":{"rendered":"Ripple (XRP) Bulls Back In The Driver\u2019s Seat And Aim $0.22"},"content":{"rendered":"

Ripple is showing positive signs above the key $0.1920 resistance area against the US Dollar. XRP price is likely to continue higher towards the $0.2050 and $0.2120 resistance levels.<\/em><\/p>\n

\n
Ripple price is gaining bullish momentum above the $0.1920 resistance against the US dollar.<\/li>\n
The bulls are aiming a larger rally towards the $0.2120 and $0.2200 resistance levels.<\/li>\n
There is a major bullish trend line forming with support near $0.1900 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair remains well supported if it corrects lower towards $0.1910 or $0.1900.<\/li>\n<\/ul>\n
Ripple Price Eyeing More Upsides<\/h2>\n
In the past few sessions, ripple followed a bullish path above $0.1850, similar to bitcoin<\/a> and ETH<\/a>. XRP price gained bullish momentum and was able to clear the key $0.1900 and $0.1920 resistance levels.<\/p>\n
There was a close above the $0.1900 pivot level and the 100 hourly simple moving average. It opened the doors for more gains and the price rallied towards the $0.2000 level.<\/p>\n
A high is formed near $0.2000 and the price corrected lower. It traded below the $0.1950 level, plush the 23.6% Fib retracement level of the upward move from the $0.1857 low to $0.2000 high.<\/p>\n
However, ripple remained well bid above the $0.1920 level. The 50% Fib retracement level of the upward move from the $0.1857 low to $0.2000 high also acted as a strong support. It seems like there is a major bullish trend line forming with support near $0.1900 on the hourly chart<\/a> of the XRP\/USD pair.<\/p>\n
$\"Ripple$ <\/a>
Ripple Price<\/figcaption><\/figure>\n
The pair is currently rising and approaching the $0.1965 resistance. The main resistance for the bulls<\/a> is still near the $0.2000 level. If there is a successful close above the $0.2000 level, the price is likely to surge towards the $0.2050 and $0.2120 levels. Any further gains might call for a test of $0.2200.<\/p>\n
Dips Supported<\/h2>\n
Ripple is clearly following a decent bullish path above the $0.1920 support. The main support is now near $0.1880 and the 100 hourly simple moving average.<\/p>\n
If there is a bearish break below the $0.1880 support zone, the price is likely to resume its decline. The next key supports are near $0.1800 and $0.1780.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is about to gain pace in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now well above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.1920, $0.1900 and $0.1880.<\/p>\n
Major Resistance Levels \u2013 $0.1965, $0.2000 and $0.2050.<\/p>\n
Take advantage of the trading opportunities with Plus500<\/a><\/p>\n
Risk disclaimer: 76.4% of retail CFD accounts lose money.<\/p>\n
Image from unsplash<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple is showing positive signs above the key $0.1920 resistance area against the US Dollar. XRP price is likely to continue higher towards the $0.2050 and $0.2120 resistance levels. Ripple price is gaining bullish momentum above the $0.1920 resistance against the US dollar. The bulls are aiming a larger rally towards the $0.2120 and $0.2200 resistance levels. There is a major bullish trend line forming with support near $0.1900 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair remains well supported if it corrects lower towards $0.1910 or $0.1900. Ripple Price Eyeing More Upsides In the past few sessions, ripple followed a bullish path above $0.1850, similar to bitcoin and ETH. XRP price gained bullish momentum and was able to clear the key $0.1900 and $0.1920 resistance levels. There was a close above the $0.1900 pivot level and the 100 hourly simple moving average. It opened the doors for more gains and the price rallied towards the $0.2000 level. A high is formed near $0.2000 and the price corrected lower. It traded below the $0.1950 level, plush the 23.6% Fib retracement level of the upward move from the $0.1857 low to $0.2000 high. However, ripple remained well bid above the $0.1920 level. The 50% Fib retracement level of the upward move from the $0.1857 low to $0.2000 high also acted as a strong support. It seems like there is a major bullish trend line forming with support near $0.1900 on the hourly chart of the XRP\/USD pair. The pair is currently rising and approaching the $0.1965 resistance. The main resistance for the bulls is still near the $0.2000 level. If there is a successful close above the $0.2000 level, the price is likely to surge towards the $0.2050 and $0.2120 levels. Any further gains might call for a test of $0.2200. Dips Supported Ripple is clearly following a decent bullish path above the $0.1920 support. The main support is now near $0.1880 and the 100 hourly simple moving average. If there is a bearish break below the $0.1880 support zone, the price is likely to resume its decline. The next key supports are near $0.1800 and $0.1780. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is about to gain pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now well above the 50 level. Major Support Levels \u2013 $0.1920, $0.1900 and $0.1880. Major Resistance Levels \u2013 $0.1965, $0.2000 and $0.2050. Take advantage of the trading opportunities with Plus500 Risk disclaimer: 76.4% of retail CFD accounts lose money. Image from unsplash<\/p>\n","protected":false},"author":67,"featured_media":421718,"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-421716","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) Bulls Back In The Driver\u2019s Seat And Aim $0.22<\/title>\n<meta name=\"description\" content=\"Ripple is showing positive signs above the key $0.1920 resistance area. 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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) Bulls Back In The Driver\u2019s Seat And Aim $0.22","url":"http:\/\/uniquehot.com\/news\/ripple-xrp-bulls-in-the-drivers-seat\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple-xrp-bulls-in-the-drivers-seat\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/04\/tim-foster-TW-rxLXqJUs-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/04\/tim-foster-TW-rxLXqJUs-unsplash.jpg?fit=1920%2C1280"},"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":"2020-04-24T05:58:40Z","datePublished":"2020-04-24T05:58:40Z","dateModified":"2024-06-11T13:47:53Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple (XRP) Bulls Back In The Driver\\u2019s Seat And Aim $0.22\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple-xrp-bulls-in-the-drivers-seat\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple-xrp-bulls-in-the-drivers-seat\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/tim-foster-TW-rxLXqJUs-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/tim-foster-TW-rxLXqJUs-unsplash.jpg?fit=1920%2C1280\"},\"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\":\"2020-04-24T05:58:40Z\",\"datePublished\":\"2020-04-24T05:58:40Z\",\"dateModified\":\"2024-06-11T13:47:53Z\"}<\/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\/04\/tim-foster-TW-rxLXqJUs-unsplash.jpg?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/421716","targetHints":{"allow":["GET"]}}],"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=421716"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/421716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/421718"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=421716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=421716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=421716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}