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{"id":642734,"date":"2024-09-18T04:28:46","date_gmt":"2024-09-18T04:28:46","guid":{"rendered":"https:\/\/uniquehot.com\/?p=642734"},"modified":"2024-09-18T04:10:56","modified_gmt":"2024-09-18T04:10:56","slug":"xrp-price-critical-upside-0-60","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-critical-upside-0-60\/","title":{"rendered":"XRP Price Eyes Critical Upside Break: Is a Surge Imminent?"},"content":{"rendered":"

XRP price is still facing many hurdles near $0.600. The price is consolidating gains and might aim for a clear move above $0.5920 and $0.600.<\/em><\/p>\n

\n
XRP price remained supported near the $0.5620 zone.<\/li>\n
The price is now trading below $0.5850 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key rising channel forming with support at $0.5765 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels.<\/li>\n<\/ul>\n
XRP Price Holds Support<\/h2>\n
XRP price formed a base above $0.5600 and started a fresh increase like Bitcoin<\/a> and Ethereum<\/a>. The price was able to clear the $0.5720 and $0.5850 resistance levels.<\/p>\n
It even cleared the $0.590 level and tested $0.5935. A high was formed at $0.5932 and the price is now correcting gains. There was a minor decline below the $0.5850 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.5602 swing low to the $0.8932 high.<\/p>\n
The price is now trading below $0.5850 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $0.5765 on the hourly chart of the XRP\/USD pair. The channel support coincides with the 50% Fib retracement level of the upward move from the $0.5602 swing low to the $0.8932 high.<\/p>\n
$\"XRP$ <\/a>
Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
On the upside, the price might face resistance near the $0.5850 level. The first major resistance is near the $0.5920 level. The next key resistance could be $0.600. A clear move above the $0.600 resistance might send the price toward the $0.6065 resistance. The next major resistance is near the $0.6120 level. Any more gains might send the price toward the $0.6250 resistance or even $0.6320 in the near term.<\/p>\n
Another Decline?<\/h2>\n
If XRP fails to clear the $0.5850 resistance zone, it could start another decline. Initial support on the downside is near the $0.5765 level. The next major support is $0.5680.<\/p>\n
If there is a downside break and a close below the $0.5680 level, the price might continue to decline toward the $0.560 support in the near term. The next major support sits at $0.5500.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $0.5765 and $0.5600.<\/p>\n
Major Resistance Levels \u2013 $0.5920 and $0.6000.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is still facing many hurdles near $0.600. The price is consolidating gains and might aim for a clear move above $0.5920 and $0.600. XRP price remained supported near the $0.5620 zone. The price is now trading below $0.5850 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.5765 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP Price Holds Support XRP price formed a base above $0.5600 and started a fresh increase like Bitcoin and Ethereum. The price was able to clear the $0.5720 and $0.5850 resistance levels. It even cleared the $0.590 level and tested $0.5935. A high was formed at $0.5932 and the price is now correcting gains. There was a minor decline below the $0.5850 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.5602 swing low to the $0.8932 high. The price is now trading below $0.5850 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $0.5765 on the hourly chart of the XRP\/USD pair. The channel support coincides with the 50% Fib retracement level of the upward move from the $0.5602 swing low to the $0.8932 high. On the upside, the price might face resistance near the $0.5850 level. The first major resistance is near the $0.5920 level. The next key resistance could be $0.600. A clear move above the $0.600 resistance might send the price toward the $0.6065 resistance. The next major resistance is near the $0.6120 level. Any more gains might send the price toward the $0.6250 resistance or even $0.6320 in the near term. Another Decline? If XRP fails to clear the $0.5850 resistance zone, it could start another decline. Initial support on the downside is near the $0.5765 level. The next major support is $0.5680. If there is a downside break and a close below the $0.5680 level, the price might continue to decline toward the $0.560 support in the near term. The next major support sits at $0.5500. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $0.5765 and $0.5600. Major Resistance Levels \u2013 $0.5920 and $0.6000.<\/p>\n","protected":false},"author":67,"featured_media":642736,"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-642734","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 Critical Upside Break: Is a Surge Imminent?<\/title>\n<meta name=\"description\" content=\"XRP price is still facing many hurdles near $0.600. 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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 Critical Upside Break: Is a Surge Imminent?","url":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-critical-upside-0-60\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-critical-upside-0-60\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/XRP-Upside_break.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/XRP-Upside_break.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":"2024-09-18T04:28:46Z","datePublished":"2024-09-18T04:28:46Z","dateModified":"2024-09-18T04:28:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Eyes Critical Upside Break: Is a Surge Imminent?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-critical-upside-0-60\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-critical-upside-0-60\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-Upside_break.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-Upside_break.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\":\"2024-09-18T04:28:46Z\",\"datePublished\":\"2024-09-18T04:28:46Z\",\"dateModified\":\"2024-09-18T04:28:46Z\"}<\/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\/09\/XRP-Upside_break.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/642734","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=642734"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/642734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/642736"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=642734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=642734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=642734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}