{"id":566935,"date":"2023-12-26T04:48:46","date_gmt":"2023-12-26T04:48:46","guid":{"rendered":"https:\/\/uniquehot.com\/?p=566935"},"modified":"2024-06-11T14:43:43","modified_gmt":"2024-06-11T14:43:43","slug":"xrp-price-regains-strength-0-65","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-regains-strength-0-65\/","title":{"rendered":"XRP Price Regains Strength As The Bulls Aim For 10% Surge"},"content":{"rendered":"<p><em>XRP price is moving higher from the $0.578 support. The price seems to be setting up for a fresh surge toward the $0.680 and $0.700 levels.<\/em><\/p>\n<ul>\n<li>XRP is attempting a fresh increase from the $0.578 support level.<\/li>\n<li>The price is now trading above $0.620 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a key rising channel forming with resistance near $0.650 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair start a fresh rally if it clears the $0.650 and $0.655 resistance levels.<\/li>\n<\/ul>\n<h2>XRP Price Could Surge To $0.70<\/h2>\n<p>After forming a base near the $0.578 zone, XRP price started a decent increase. There was a move above the $0.595 and $0.600 resistance levels. The price even cleared the $0.630 resistance.<\/p>\n<p>There was a spike above the 50% Fib retracement level of the downward move from the $0.700 swing high to the $0.578 swing low. The price is now up over 3%, outperforming <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-eyes-45k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-muted-2200\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. It is now facing resistance near the $0.650 zone.<\/p>\n<p>There is also a key rising channel forming with resistance near $0.650 on the 4-hour chart of the XRP\/USD pair. The channel resistance is near the 61.8% Fib retracement level of the downward move from the $0.700 swing high to the $0.578 swing low.<\/p>\n<p>The price is now trading above $0.630 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.650 zone. The next major resistance is near the $0.655 zone. A close above the $0.655 resistance zone could spark a strong increase.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-566936\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=1950 1950w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP_Price-3.png?w=1140 1140w\" sizes=\"(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>The next key resistance is near $0.684. If the bulls remain in action above the $0.684 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<h2>Fresh Decline?<\/h2>\n<p>If XRP fails to clear the $0.650 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.620 zone and the channel trend line.<\/p>\n<p>The next major support is at $0.606. If there is a downside break and a close below the $0.606 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.578 support zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.620, $0.606, and $0.578.<\/p>\n<p>Major Resistance Levels \u2013 $0.650, $0.655, and $0.700.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is moving higher from the $0.578 support. The price seems to be setting up for a fresh surge toward the $0.680 and $0.700 levels. XRP is attempting a fresh increase from the $0.578 support level. The price is now trading above $0.620 and the 100 simple moving average (4 hours). There is a key rising channel forming with resistance near $0.650 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.650 and $0.655 resistance levels. XRP Price Could Surge To $0.70 After forming a base near the $0.578 zone, XRP price started a decent increase. There was a move above the $0.595 and $0.600 resistance levels. The price even cleared the $0.630 resistance. There was a spike above the 50% Fib retracement level of the downward move from the $0.700 swing high to the $0.578 swing low. The price is now up over 3%, outperforming Bitcoin and Ethereum. It is now facing resistance near the $0.650 zone. There is also a key rising channel forming with resistance near $0.650 on the 4-hour chart of the XRP\/USD pair. The channel resistance is near the 61.8% Fib retracement level of the downward move from the $0.700 swing high to the $0.578 swing low. The price is now trading above $0.630 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.650 zone. The next major resistance is near the $0.655 zone. A close above the $0.655 resistance zone could spark a strong increase. Source: XRPUSD on TradingView.com The next key resistance is near $0.684. If the bulls remain in action above the $0.684 resistance level, there could be a rally toward the $0.700 resistance. Any more gains might send the price toward the $0.720 resistance. Fresh Decline? If XRP fails to clear the $0.650 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.620 zone and the channel trend line. The next major support is at $0.606. If there is a downside break and a close below the $0.606 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 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 $0.620, $0.606, and $0.578. Major Resistance Levels \u2013 $0.650, $0.655, and $0.700.<\/p>\n","protected":false},"author":67,"featured_media":462508,"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-566935","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 Regains Strength As The Bulls Aim For 10% Surge<\/title>\n<meta name=\"description\" content=\"XRP price is moving higher from the $0.578 support. 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