{"id":560724,"date":"2023-11-15T05:28:53","date_gmt":"2023-11-15T05:28:53","guid":{"rendered":"https:\/\/uniquehot.com\/?p=560724"},"modified":"2024-06-11T08:01:34","modified_gmt":"2024-06-11T08:01:34","slug":"xrp-price-prediction-fresh-rally-0-64","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-prediction-fresh-rally-0-64\/","title":{"rendered":"XRP Price Prediction \u2013 Breaking This Resistance Could Spark Fresh Rally"},"content":{"rendered":"<p><em>XRP price started a downside correction from the $0.750 zone. The price retested the $0.600 support zone and might soon attempt a fresh rally.<\/em><\/p>\n<ul>\n<li>XRP started a downside correction from the $0.750 resistance zone.<\/li>\n<li>The price is now trading below $0.650 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a major bearish trend line forming with resistance near $0.6550 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might correct further lower, but the bulls could remain active near $0.600.<\/li>\n<\/ul>\n<h2>XRP Price Dips Below $0.650<\/h2>\n<p>After rallying above the $0.720 resistance, XRP faced resistance. The price struggled to clear the $0.750 barrier and recently started a downside correction, like <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-takes-hit-34650\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-trims-gains-1920\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>The price declined below the $0.720 and $0.700 support levels. The bears even pushed it below the $0.650 pivot level. However, the bulls were active near the $0.600 zone. A low is formed near $0.5938 and the price is now attempting a fresh increase.<\/p>\n<p>XRP is now trading below $0.650 and the 100 simple moving average (4 hours). There is also a major bearish trend line forming with resistance near $0.6550 on the 4-hour chart of the XRP\/USD pair.<\/p>\n<p>On the upside, immediate resistance is near the $0.630 level or the 23.6% Fib retracement level of the recent decline from the $0.7499 swing high to the $0.5938 low. The first major resistance is near the $0.640 zone or the trend line.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-560725\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?resize=1024%2C468\" alt=\"XRP Price Prediction \" width=\"1024\" height=\"468\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP_Price-2.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/p>\n<p>A close above the trend line could send the price toward the $0.672 resistance. It is near the 50% Fib retracement level of the recent decline from the $0.7499 swing high to the $0.5938 low. If the bulls remain in action above the $0.672 resistance level, there could be a rally toward the $0.750 resistance. Any more gains might send XRP toward the $0.788 resistance.<\/p>\n<h2>Are Dips Limited?<\/h2>\n<p>If XRP fails to clear the $0.640 resistance zone, it could continue to move down. Initial support on the downside is near the $0.620 zone.<\/p>\n<p>The next major support is at $0.600. If there is a downside break and a close below the $0.600 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.540 support zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.620, $0.600, and $0.540.<\/p>\n<p>Major Resistance Levels \u2013 $0.630, $0.640, and $0.672.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price started a downside correction from the $0.750 zone. The price retested the $0.600 support zone and might soon attempt a fresh rally. XRP started a downside correction from the $0.750 resistance zone. The price is now trading below $0.650 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.6550 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair might correct further lower, but the bulls could remain active near $0.600. XRP Price Dips Below $0.650 After rallying above the $0.720 resistance, XRP faced resistance. The price struggled to clear the $0.750 barrier and recently started a downside correction, like Bitcoin and Ethereum. The price declined below the $0.720 and $0.700 support levels. The bears even pushed it below the $0.650 pivot level. However, the bulls were active near the $0.600 zone. A low is formed near $0.5938 and the price is now attempting a fresh increase. XRP is now trading below $0.650 and the 100 simple moving average (4 hours). There is also a major bearish trend line forming with resistance near $0.6550 on the 4-hour chart of the XRP\/USD pair. On the upside, immediate resistance is near the $0.630 level or the 23.6% Fib retracement level of the recent decline from the $0.7499 swing high to the $0.5938 low. The first major resistance is near the $0.640 zone or the trend line. Source: XRPUSD on TradingView.com A close above the trend line could send the price toward the $0.672 resistance. It is near the 50% Fib retracement level of the recent decline from the $0.7499 swing high to the $0.5938 low. If the bulls remain in action above the $0.672 resistance level, there could be a rally toward the $0.750 resistance. Any more gains might send XRP toward the $0.788 resistance. Are Dips Limited? If XRP fails to clear the $0.640 resistance zone, it could continue to move down. Initial support on the downside is near the $0.620 zone. The next major support is at $0.600. If there is a downside break and a close below the $0.600 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.540 support zone. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $0.620, $0.600, and $0.540. Major Resistance Levels \u2013 $0.630, $0.640, and $0.672.<\/p>\n","protected":false},"author":67,"featured_media":459306,"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":[3680,74937,10972,78763],"class_list":["post-560724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Prediction \u2013 Breaking This Resistance Could Spark Fresh Rally<\/title>\n<meta name=\"description\" content=\"XRP price started a downside correction from the $0.750 zone. 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