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{"id":508460,"date":"2022-11-15T05:38:51","date_gmt":"2022-11-15T05:38:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=508460"},"modified":"2024-06-11T08:02:05","modified_gmt":"2024-06-11T08:02:05","slug":"xrp-price-rallies-15-pc","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rallies-15-pc\/","title":{"rendered":"XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum"},"content":{"rendered":"

Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance.<\/em><\/p>\n

\n
Ripple started a fresh increase from the key $0.320 support zone against the US dollar.<\/li>\n
The price is now trading below $0.400 and the 100 simple moving average (4-hours).<\/li>\n
There is a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could start a strong increase if it clears the $0.38 resistance zone.<\/li>\n<\/ul>\n
Ripple Price Starts Fresh Increase<\/h2>\n
After a sharp decline, ripple\u2019s XRP found support near $0.320 against the US Dollar. The bears made two attempts to push the price below the $0.32 support, but they failed.<\/p>\n
The recent low was formed near $0.32 before there was a fresh increase. XRP price climbed over 15% and cleared the $0.35 resistance, outperforming bitcoin<\/a> and ethereum<\/a>. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low.<\/p>\n
The price gained pace for a move above the $0.360 resistance. However, it is now trading below $0.400 and the 100 simple moving average (4-hours). It is now facing hurdles near $0.380. There is also a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair.<\/p>\n
$\"XRP$ <\/a><\/p>\n
Source: XRPUSD on TradingView.com<\/a><\/p>\n
A successful break above the $0.380 and $0.385 resistance levels could spark another rally. The next key resistance is near the $0.415 level. It is near the 50% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. Any more gains might send the price towards the $0.44 level.<\/p>\n
Dips Limited in XRP?<\/h2>\n
If ripple fails to clear the $0.380 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.365 level.<\/p>\n
The next major support is near $0.342. If there is a downside break and close below the $0.342 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.365, $0.342 and $0.320.<\/p>\n
Major Resistance Levels \u2013 $0.380, $0.385 and $0.415.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance. Ripple started a fresh increase from the key $0.320 support zone against the US dollar. The price is now trading below $0.400 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair (data source from Kraken). The pair could start a strong increase if it clears the $0.38 resistance zone. Ripple Price Starts Fresh Increase After a sharp decline, ripple\u2019s XRP found support near $0.320 against the US Dollar. The bears made two attempts to push the price below the $0.32 support, but they failed. The recent low was formed near $0.32 before there was a fresh increase. XRP price climbed over 15% and cleared the $0.35 resistance, outperforming bitcoin and ethereum. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. The price gained pace for a move above the $0.360 resistance. However, it is now trading below $0.400 and the 100 simple moving average (4-hours). It is now facing hurdles near $0.380. There is also a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair. Source: XRPUSD on TradingView.com A successful break above the $0.380 and $0.385 resistance levels could spark another rally. The next key resistance is near the $0.415 level. It is near the 50% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. Any more gains might send the price towards the $0.44 level. Dips Limited in XRP? If ripple fails to clear the $0.380 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.365 level. The next major support is near $0.342. If there is a downside break and close below the $0.342 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $0.365, $0.342 and $0.320. Major Resistance Levels \u2013 $0.380, $0.385 and $0.415.<\/p>\n","protected":false},"author":67,"featured_media":508462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[3680,4531,74937,10972,83345,78763],"class_list":["post-508460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdc","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum<\/title>\n<meta name=\"description\" content=\"Ripple started a strong increase above the $0.350 resistance against the US Dollar. 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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":"XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum","url":"http:\/\/uniquehot.com\/news\/ripple\/xrp-price-rallies-15-pc\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/xrp-price-rallies-15-pc\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/11\/Depositphotos_103793088_s-2019.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/11\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545"},"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","xrpbtc","xrpusd","xrpusdc","xrpusdt"],"dateCreated":"2022-11-15T05:38:51Z","datePublished":"2022-11-15T05:38:51Z","dateModified":"2024-06-11T08:02:05Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/xrp-price-rallies-15-pc\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/xrp-price-rallies-15-pc\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Depositphotos_103793088_s-2019.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545\"},\"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\",\"xrpbtc\",\"xrpusd\",\"xrpusdc\",\"xrpusdt\"],\"dateCreated\":\"2022-11-15T05:38:51Z\",\"datePublished\":\"2022-11-15T05:38:51Z\",\"dateModified\":\"2024-06-11T08:02:05Z\"}<\/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\/2022\/11\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/508460"}],"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=508460"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/508460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/508462"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=508460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=508460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=508460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}