XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\nThe first major resistance is near the $0.5550 level. The next key resistance could be $0.5650. A clear move above the $0.5650 resistance might send the price toward the $0.5800 resistance. Any more gains might send the price toward the $0.5880 resistance or even $0.5925 in the near term. The next major hurdle might be $0.6000.<\/p>\n
Another Drop?<\/h2>\n If XRP fails to clear the $0.5550 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level. The next major support is near the $0.5380 level.<\/p>\n
If there is a downside break and a close below the $0.5380 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits near the $0.5250 zone.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $0.5400 and $0.5380.<\/p>\n
Major Resistance Levels \u2013 $0.5500 and $0.5550.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is holding gains above the $0.5350 zone. The price is still struggling to clear the $0.5550 hurdle despite a steady rise in Bitcoin. XRP price is consolidating above the $0.5380 zone. The price is now trading near $0.5420 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5420 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5450 and $0.5550 resistance levels. XRP Price Eyes Steady Increase XRP price remained stable above the $0.5350 support zone. However, it failed to gain bullish momentum like Bitcoin and Ethereum. There was a minor upward move from the $0.5380 swing low. The price climbed above the $0.5420 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $0.5656 swing high to the $0.5380 low. There was a break above a connecting bearish trend line with resistance at $0.5420 on the hourly chart of the XRP\/USD pair. The price is now trading near $0.540 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.550 level or the 50% Fib retracement level of the downward move from the $0.5656 swing high to the $0.5380 low. The first major resistance is near the $0.5550 level. The next key resistance could be $0.5650. A clear move above the $0.5650 resistance might send the price toward the $0.5800 resistance. Any more gains might send the price toward the $0.5880 resistance or even $0.5925 in the near term. The next major hurdle might be $0.6000. Another Drop? If XRP fails to clear the $0.5550 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level. The next major support is near the $0.5380 level. If there is a downside break and a close below the $0.5380 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits near the $0.5250 zone. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $0.5400 and $0.5380. Major Resistance Levels \u2013 $0.5500 and $0.5550.<\/p>\n","protected":false},"author":67,"featured_media":635080,"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-649005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n
As Bitcoin Climbs, Can XRP Price Catch The Wave?<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n