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{"id":566483,"date":"2023-12-22T04:48:04","date_gmt":"2023-12-22T04:48:04","guid":{"rendered":"https:\/\/uniquehot.com\/?p=566483"},"modified":"2024-06-11T14:43:35","modified_gmt":"2024-06-11T14:43:35","slug":"xrp-price-rally-0-630","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rally-0-630\/","title":{"rendered":"XRP Price Could Be Soon The Next One To Rally \u2013 Here\u2019s Why"},"content":{"rendered":"

XRP price is eyeing a fresh rally above the $0.630 resistance. The price could gain bullish momentum if it clears the $0.630 and $0.640 resistance levels.<\/em><\/p>\n

\n
XRP is slowly moving higher from the $0.600 support level.<\/li>\n
The price is now trading below $0.630 and the 100 simple moving average (4 hours).<\/li>\n
There was a break above a major bearish trend line with resistance near $0.610 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair start a fresh rally if it clears the $0.630 and $0.640 resistance levels.<\/li>\n<\/ul>\n
XRP Price Aims Fresh Surge<\/h2>\n
After a major decline, XRP found support near the $0.580 zone. A low was formed near $0.5781, and the price started a steady increase. There was a move above the $0.600 resistance, but XRP lagged momentum compared to Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
There was a break above the 23.6% Fib retracement level of the key drop from the $0.700 swing high to the $0.578 swing low. Besides, there was a break above a major bearish trend line with resistance near $0.610 on the 4-hour chart of the XRP\/USD pair.<\/p>\n
The price is now trading below $0.630 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.630 zone. It is close to the 50% Fib retracement level of the key drop from the $0.700 swing high to the $0.578 swing low.<\/p>\n
$\"XRP$ <\/a><\/p>\n
Source: XRPUSD on TradingView.com<\/a><\/p>\n
The first major resistance is near the $0.640 zone. A close above the $0.640 resistance zone could spark a strong increase. The next key resistance is near $0.672. If the bulls remain in action above the $0.672 resistance level, there could be a rally toward the $0.700 resistance. Any more gains might send the price toward the $0.720 resistance.<\/p>\n
Another Decline?<\/h2>\n
If XRP fails to clear the $0.630 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.606 zone.<\/p>\n
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 $0.578 support zone.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish 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 $0.606, $0.600, and $0.578.<\/p>\n
Major Resistance Levels \u2013 $0.630, $0.640, and $0.672.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is eyeing a fresh rally above the $0.630 resistance. The price could gain bullish momentum if it clears the $0.630 and $0.640 resistance levels. XRP is slowly moving higher from the $0.600 support level. The price is now trading below $0.630 and the 100 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.610 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.630 and $0.640 resistance levels. XRP Price Aims Fresh Surge After a major decline, XRP found support near the $0.580 zone. A low was formed near $0.5781, and the price started a steady increase. There was a move above the $0.600 resistance, but XRP lagged momentum compared to Bitcoin and Ethereum. There was a break above the 23.6% Fib retracement level of the key drop from the $0.700 swing high to the $0.578 swing low. Besides, there was a break above a major bearish trend line with resistance near $0.610 on the 4-hour chart of the XRP\/USD pair. The price is now trading below $0.630 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.630 zone. It is close to the 50% Fib retracement level of the key drop from the $0.700 swing high to the $0.578 swing low. Source: XRPUSD on TradingView.com The first major resistance is near the $0.640 zone. A close above the $0.640 resistance zone could spark a strong increase. The next key resistance is near $0.672. If the bulls remain in action above the $0.672 resistance level, there could be a rally toward the $0.700 resistance. Any more gains might send the price toward the $0.720 resistance. Another Decline? If XRP fails to clear the $0.630 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.606 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 $0.578 support zone. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $0.606, $0.600, and $0.578. Major Resistance Levels \u2013 $0.630, $0.640, and $0.672.<\/p>\n","protected":false},"author":67,"featured_media":450551,"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-566483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Could Be Soon The Next One To Rally \u2013 Here\u2019s Why<\/title>\n<meta name=\"description\" content=\"XRP price is eyeing a fresh rally above the $0.630 resistance. 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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 Could Be Soon The Next One To Rally \u2013 Here\u2019s Why","url":"http:\/\/uniquehot.com\/news\/ripple\/xrp-price-rally-0-630\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/xrp-price-rally-0-630\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/11\/shutterstock_753776053.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/11\/shutterstock_753776053.jpg?fit=1000%2C691"},"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","xrpbtc","xrpusd","xrpusdt"],"dateCreated":"2023-12-22T04:48:04Z","datePublished":"2023-12-22T04:48:04Z","dateModified":"2024-06-11T14:43:35Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Could Be Soon The Next One To Rally \\u2013 Here\\u2019s Why\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/xrp-price-rally-0-630\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/xrp-price-rally-0-630\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/shutterstock_753776053.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/shutterstock_753776053.jpg?fit=1000%2C691\"},\"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\",\"xrpbtc\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-12-22T04:48:04Z\",\"datePublished\":\"2023-12-22T04:48:04Z\",\"dateModified\":\"2024-06-11T14:43:35Z\"}<\/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\/11\/shutterstock_753776053.jpg?fit=1000%2C691","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/566483","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=566483"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/566483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/450551"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=566483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=566483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=566483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}