Ripple (XRP) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back<\/title>\n<meta name=\"description\" content=\"Ripple is holding important supports near $0.2800. XRP price is currently testing a crucial resistance near $0.2980, above which it could rally significantly.\" \/>\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-price-is-primed-if-it-clears-030\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple (XRP) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back\" \/>\n<meta property=\"og:description\" content=\"Ripple is holding important supports near $0.2800. 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{"id":435776,"date":"2020-08-21T07:48:00","date_gmt":"2020-08-21T07:48:00","guid":{"rendered":"https:\/\/uniquehot.com\/?p=435776"},"modified":"2024-06-11T14:15:24","modified_gmt":"2024-06-11T14:15:24","slug":"ripple-xrp-price-is-primed-if-it-clears-030","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-xrp-price-is-primed-if-it-clears-030\/","title":{"rendered":"Ripple (XRP) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back"},"content":{"rendered":"

Ripple is holding a couple of important supports near $0.2800 against the US Dollar. XRP price is currently testing a crucial resistance near $0.2980, above which it could rally significantly.<\/em><\/p>\n

\n
Ripple is trading above the $0.2800 and $0.2850 support levels against the US dollar.<\/li>\n
The price is showing positive signs, but it is facing a huge barrier near the $0.2980-$0.3000 zone.<\/li>\n
There is a key bullish trend line with support near $0.2810 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair is likely to start a strong increase if it clears $0.2980 and the 100 simple moving average (4-hours).<\/li>\n<\/ul>\n
Ripple Price Is Testing Major Barrier<\/h2>\n
After a sustained downward move, ripple found support near the $0.2800 region. A low is formed near the $0.2790 level and XRP price is currently correcting higher<\/a>.<\/p>\n
There was an upside break above the $0.2850 and $0.2900 resistance levels. The price even climbed above the 23.6% Fib retracement level of the downward move from the $0.3274 high to $0.2790 low.<\/p>\n
There is also a key bullish trend line with support near $0.2810 on the 4-hours chart of the XRP\/USD pair. The pair is now trading above the $0.2920 pivot level, but it is facing a huge barrier near the $0.2980-$0.3000 zone. The 100 simple moving average (4-hours) is also near the $0.2980 level to prevent an upside break.<\/p>\n
$\"Ripple$ <\/a><\/p>\n
Ripple (XRP) price trades near $0.2980. Source: TradingView.com<\/a><\/pre>\n
If there is a clear break above the $0.3000 resistance and the 100 SMA, there could be a sharp increase. The next hurdle is seen near the $0.3030 level. It is close to the 50% Fib retracement level of the downward move from the $0.3274 high to $0.2790 low.<\/p>\n
A successful close above the $0.3000 and $0.3030 resistance levels might open the doors for a sustained upward move towards the $0.3120 level. Any further gains could lead the price towards the $0.3250 resistance level or the $0.3274 swing high. The next target for the bulls above $0.3274 might be $0.3320.<\/p>\n
Bearish Wave in XRP?<\/h2>\n
If ripple fails to clear the $0.3000 and $0.3030 resistance levels, there is a risk of a bearish reaction. An initial support is near the $0.2880 level.<\/p>\n
The main support is near the $0.2850 level<\/a> and a connecting bullish trend line. A clear break below the $0.2850 level might set the pace for a larger decline towards the $0.2650 level.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for XRP\/USD is slowly moving into the bullish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently struggling to clear the 50 level.<\/p>\n
Major Support Levels \u2013 $0.2880, $0.2850 and $0.2800.<\/p>\n
Major Resistance Levels \u2013 $0.2980, $0.3000 and $0.3030.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple is holding a couple of important supports near $0.2800 against the US Dollar. XRP price is currently testing a crucial resistance near $0.2980, above which it could rally significantly. Ripple is trading above the $0.2800 and $0.2850 support levels against the US dollar. The price is showing positive signs, but it is facing a huge barrier near the $0.2980-$0.3000 zone. There is a key bullish trend line with support near $0.2810 on the 4-hours chart of the XRP\/USD pair (data source from Kraken). The pair is likely to start a strong increase if it clears $0.2980 and the 100 simple moving average (4-hours). Ripple Price Is Testing Major Barrier After a sustained downward move, ripple found support near the $0.2800 region. A low is formed near the $0.2790 level and XRP price is currently correcting higher. There was an upside break above the $0.2850 and $0.2900 resistance levels. The price even climbed above the 23.6% Fib retracement level of the downward move from the $0.3274 high to $0.2790 low. There is also a key bullish trend line with support near $0.2810 on the 4-hours chart of the XRP\/USD pair. The pair is now trading above the $0.2920 pivot level, but it is facing a huge barrier near the $0.2980-$0.3000 zone. The 100 simple moving average (4-hours) is also near the $0.2980 level to prevent an upside break. Ripple (XRP) price trades near $0.2980. Source: TradingView.com If there is a clear break above the $0.3000 resistance and the 100 SMA, there could be a sharp increase. The next hurdle is seen near the $0.3030 level. It is close to the 50% Fib retracement level of the downward move from the $0.3274 high to $0.2790 low. A successful close above the $0.3000 and $0.3030 resistance levels might open the doors for a sustained upward move towards the $0.3120 level. Any further gains could lead the price towards the $0.3250 resistance level or the $0.3274 swing high. The next target for the bulls above $0.3274 might be $0.3320. Bearish Wave in XRP? If ripple fails to clear the $0.3000 and $0.3030 resistance levels, there is a risk of a bearish reaction. An initial support is near the $0.2880 level. The main support is near the $0.2850 level and a connecting bullish trend line. A clear break below the $0.2850 level might set the pace for a larger decline towards the $0.2650 level. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is slowly moving into the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently struggling to clear the 50 level. Major Support Levels \u2013 $0.2880, $0.2850 and $0.2800. Major Resistance Levels \u2013 $0.2980, $0.3000 and $0.3030.<\/p>\n","protected":false},"author":67,"featured_media":435778,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,4],"tags":[3680,4531,10972,78763],"class_list":["post-435776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-analysis","tag-ripple","tag-xrp","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nRipple (XRP) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back<\/title>\n<meta name=\"description\" content=\"Ripple is holding important supports near $0.2800. 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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) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back","url":"http:\/\/uniquehot.com\/news\/ripple-xrp-price-is-primed-if-it-clears-030\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple-xrp-price-is-primed-if-it-clears-030\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/08\/shutterstock_271071575-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/08\/shutterstock_271071575-1.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","xrpusd","xrpusdt"],"dateCreated":"2020-08-21T07:48:00Z","datePublished":"2020-08-21T07:48:00Z","dateModified":"2024-06-11T14:15:24Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple (XRP) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple-xrp-price-is-primed-if-it-clears-030\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple-xrp-price-is-primed-if-it-clears-030\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/shutterstock_271071575-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/shutterstock_271071575-1.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\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2020-08-21T07:48:00Z\",\"datePublished\":\"2020-08-21T07:48:00Z\",\"dateModified\":\"2024-06-11T14:15:24Z\"}<\/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\/08\/shutterstock_271071575-1.jpg?fit=1000%2C665","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/435776","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=435776"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/435776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/435778"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=435776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=435776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=435776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

Bearish Wave in XRP?<\/h2>\nIf ripple fails to clear the $0.3000 and $0.3030 resistance levels, there is a risk of a bearish reaction. An initial support is near the $0.2880 level.<\/p>\n