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{"id":635333,"date":"2024-08-14T03:58:44","date_gmt":"2024-08-14T03:58:44","guid":{"rendered":"https:\/\/uniquehot.com\/?p=635333"},"modified":"2024-08-14T02:35:31","modified_gmt":"2024-08-14T02:35:31","slug":"xrp-price-eyes-0-60","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-eyes-0-60\/","title":{"rendered":"XRP Price Eyes $0.60 Reclaim: Crucial for a Fresh Upswing"},"content":{"rendered":"

XRP price is slowly moving higher above the $0.5650 support. The price must clear $0.5880 and $0.60 to start a fresh increase in the near term.<\/em><\/p>\n

\n
XRP price is attempting a fresh increase above the $0.5650 level.<\/li>\n
The price is now trading near $0.5750 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key rising channel forming with resistance at $0.5880 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could start a fresh increase if it clears the $0.5880 resistance zone.<\/li>\n<\/ul>\n
XRP Price Eyes Fresh Increase<\/h2>\n
XRP price remained stable near the $0.550 level and started a fresh increase like Bitcoin<\/a> and Ethereum<\/a>. The price was able to climb above the $0.5620 and $0.5650 resistance levels.<\/p>\n
There was a move above the 50% Fib retracement level of the downward move from the $0.6020 swing high to the $0.5455 low. It seems like the bulls could soon attempt an upside break above the $0.600 resistance zone. However, the bears are active near the $0.5880 resistance zone.<\/p>\n
There is also a key rising channel forming with resistance at $0.5880 on the hourly chart of the XRP\/USD pair. The price is now trading near $0.5750 and the 100-hourly Simple Moving Average.<\/p>\n
On the upside, the price is facing hurdles near the $0.5880 level. It is close to the 76.4% Fib retracement level of the downward move from the $0.6020 swing high to the $0.5455 low. The first major resistance is near the $0.60 level.<\/p>\n
$\"XRP$ <\/a>
Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
The next key resistance could be $0.6020. A clear move above the $0.6020 resistance might send the price toward the $0.6150 resistance. The next major resistance is near the $0.6250 level. Any more gains might send the price toward the $0.6320 resistance or even $0.650 in the near term.<\/p>\n
Another Drop?<\/h2>\n
If XRP fails to clear the $0.5880 resistance zone, it could start another decline. Initial support on the downside is near the $0.570 level. The next major support is at $0.5650.<\/p>\n
If there is a downside break and a close below the $0.5650 level, the price might continue to decline toward the $0.550 support. The next major support sits at $0.5350.<\/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 $0.5700 and $0.5650.<\/p>\n
Major Resistance Levels \u2013 $0.5880 and $0.6000.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is slowly moving higher above the $0.5650 support. The price must clear $0.5880 and $0.60 to start a fresh increase in the near term. XRP price is attempting a fresh increase above the $0.5650 level. The price is now trading near $0.5750 and the 100-hourly Simple Moving Average. There is a key rising channel forming with resistance at $0.5880 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5880 resistance zone. XRP Price Eyes Fresh Increase XRP price remained stable near the $0.550 level and started a fresh increase like Bitcoin and Ethereum. The price was able to climb above the $0.5620 and $0.5650 resistance levels. There was a move above the 50% Fib retracement level of the downward move from the $0.6020 swing high to the $0.5455 low. It seems like the bulls could soon attempt an upside break above the $0.600 resistance zone. However, the bears are active near the $0.5880 resistance zone. There is also a key rising channel forming with resistance at $0.5880 on the hourly chart of the XRP\/USD pair. The price is now trading near $0.5750 and the 100-hourly Simple Moving Average. On the upside, the price is facing hurdles near the $0.5880 level. It is close to the 76.4% Fib retracement level of the downward move from the $0.6020 swing high to the $0.5455 low. The first major resistance is near the $0.60 level. The next key resistance could be $0.6020. A clear move above the $0.6020 resistance might send the price toward the $0.6150 resistance. The next major resistance is near the $0.6250 level. Any more gains might send the price toward the $0.6320 resistance or even $0.650 in the near term. Another Drop? If XRP fails to clear the $0.5880 resistance zone, it could start another decline. Initial support on the downside is near the $0.570 level. The next major support is at $0.5650. If there is a downside break and a close below the $0.5650 level, the price might continue to decline toward the $0.550 support. The next major support sits at $0.5350. 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 $0.5700 and $0.5650. Major Resistance Levels \u2013 $0.5880 and $0.6000.<\/p>\n","protected":false},"author":67,"featured_media":635335,"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-635333","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 Eyes $0.60 Reclaim: Crucial for a Fresh Upswing<\/title>\n<meta name=\"description\" content=\"XRP price is slowly moving higher above the $0.5650 support. 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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 Eyes $0.60 Reclaim: Crucial for a Fresh Upswing","url":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-eyes-0-60\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-eyes-0-60\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/XRP-Reclaim-0.60.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/XRP-Reclaim-0.60.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":"2024-08-14T03:58:44Z","datePublished":"2024-08-14T03:58:44Z","dateModified":"2024-08-14T03:58:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Eyes $0.60 Reclaim: Crucial for a Fresh Upswing\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-eyes-0-60\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-eyes-0-60\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/XRP-Reclaim-0.60.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/XRP-Reclaim-0.60.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\":\"2024-08-14T03:58:44Z\",\"datePublished\":\"2024-08-14T03:58:44Z\",\"dateModified\":\"2024-08-14T03:58:44Z\"}<\/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\/08\/XRP-Reclaim-0.60.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/635333"}],"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=635333"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/635333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/635335"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=635333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=635333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=635333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}