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{"id":629931,"date":"2024-07-16T04:58:07","date_gmt":"2024-07-16T04:58:07","guid":{"rendered":"https:\/\/uniquehot.com\/?p=629931"},"modified":"2024-07-16T03:21:20","modified_gmt":"2024-07-16T03:21:20","slug":"xrp-price-surges-0-565","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-surges-0-565\/","title":{"rendered":"XRP Price Surges Ahead: Bullish Trends Signal Promising Price Upswing!"},"content":{"rendered":"

XRP price is again gaining bullish momentum above the $0.520 resistance zone. The price is eyeing more upsides above $0.550 and $0.5650.<\/em><\/p>\n

\n
XRP price started another increase above the $0.5250 resistance zone.<\/li>\n
The price is now trading above $0.540 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support at $0.5220 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could extend gains if there is a close above the $0.5620 resistance level.<\/li>\n<\/ul>\n
XRP Price Regains Strength<\/h2>\n
XRP price formed a base above the $0.500 level and started a fresh increase. The price broke the $0.5250 resistance to move again into a positive zone like Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n
There was also a move above the $0.550 resistance level. A high was formed at $0.5610 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.5227 swing low to the $0.5610 high.<\/p>\n
The price is now trading above $0.5420 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $0.5220 on the hourly chart of the XRP\/USD pair.<\/p>\n
$\"XRP$ <\/a>
Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
On the upside, the price is facing resistance near the $0.5610 level. The first major resistance is near the $0.5620 level. The next key resistance could be $0.5650. A clear move above the $0.5650 resistance might send the price toward the $0.5740 resistance. The next major resistance is near the $0.580 level. Any more gains might send the price toward the $0.600 resistance.<\/p>\n
Are Dips Limited?<\/h2>\n
If XRP fails to clear the $0.5620 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.5420 level and the 50% Fib retracement level of the upward move from the $0.5227 swing low to the $0.5610 high.<\/p>\n
The next major support is at $0.5280 and the trend line. If there is a downside break and a close below the $0.5280 level, the price might continue to decline toward the $0.5050 support in the near term.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.5420 and $0.5280.<\/p>\n
Major Resistance Levels \u2013 $0.5620 and $0.5650.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is again gaining bullish momentum above the $0.520 resistance zone. The price is eyeing more upsides above $0.550 and $0.5650. XRP price started another increase above the $0.5250 resistance zone. The price is now trading above $0.540 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5220 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could extend gains if there is a close above the $0.5620 resistance level. XRP Price Regains Strength XRP price formed a base above the $0.500 level and started a fresh increase. The price broke the $0.5250 resistance to move again into a positive zone like Ethereum and Bitcoin. There was also a move above the $0.550 resistance level. A high was formed at $0.5610 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.5227 swing low to the $0.5610 high. The price is now trading above $0.5420 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $0.5220 on the hourly chart of the XRP\/USD pair. On the upside, the price is facing resistance near the $0.5610 level. The first major resistance is near the $0.5620 level. The next key resistance could be $0.5650. A clear move above the $0.5650 resistance might send the price toward the $0.5740 resistance. The next major resistance is near the $0.580 level. Any more gains might send the price toward the $0.600 resistance. Are Dips Limited? If XRP fails to clear the $0.5620 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.5420 level and the 50% Fib retracement level of the upward move from the $0.5227 swing low to the $0.5610 high. The next major support is at $0.5280 and the trend line. If there is a downside break and a close below the $0.5280 level, the price might continue to decline toward the $0.5050 support in the near term. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $0.5420 and $0.5280. Major Resistance Levels \u2013 $0.5620 and $0.5650.<\/p>\n","protected":false},"author":67,"featured_media":629933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[3680,74937,10972,78763],"class_list":["post-629931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Surges Ahead: Bullish Trends Signal Promising Price Upswing!<\/title>\n<meta name=\"description\" content=\"XRP price is again gaining bullish momentum above the $0.520 resistance zone. 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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 Surges Ahead: Bullish Trends Signal Promising Price Upswing!","url":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-surges-0-565\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-surges-0-565\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/07\/XRP-Climbs.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/07\/XRP-Climbs.jpg?fit=1792%2C1024"},"articleSection":"XRP","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":"2024-07-16T04:58:07Z","datePublished":"2024-07-16T04:58:07Z","dateModified":"2024-07-16T04:58:07Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Surges Ahead: Bullish Trends Signal Promising Price Upswing!\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-surges-0-565\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-surges-0-565\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/XRP-Climbs.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/XRP-Climbs.jpg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"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\":\"2024-07-16T04:58:07Z\",\"datePublished\":\"2024-07-16T04:58:07Z\",\"dateModified\":\"2024-07-16T04:58:07Z\"}<\/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\/2024\/07\/XRP-Climbs.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/629931"}],"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=629931"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/629931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/629933"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=629931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=629931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=629931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}