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{"id":651619,"date":"2024-11-05T04:18:21","date_gmt":"2024-11-05T04:18:21","guid":{"rendered":"https:\/\/uniquehot.com\/?p=651619"},"modified":"2024-11-05T03:12:35","modified_gmt":"2024-11-05T03:12:35","slug":"xrp-price-gears-up-0-50","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-gears-up-0-50\/","title":{"rendered":"XRP Price Gears Up: Is a Major Move on the Horizon?"},"content":{"rendered":"

XRP price is holding the $0.500 support zone. The price is consolidating and aiming for a fresh increase while Bitcoin is trimming gains.<\/em><\/p>\n

\n
XRP price is eyeing a decent increase above the $0.5100 zone.<\/li>\n
The price is now trading below $0.5095 and the 100-hourly Simple Moving Average.<\/li>\n
There is a new connecting bearish trend line forming with resistance at $0.5090 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could gain bullish momentum if it settles above the $0.5135 resistance zone.<\/li>\n<\/ul>\n
XRP Price Eyes Upside Break<\/h2>\n
XRP price extended losses below the $0.5000 support zone. The price even declined below $0.4980 before the bulls emerged, but losses were limited compared to Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
A low was formed at $0.4948 and the price started a fresh increase. There was a move above the $0.4985 and $0.500 resistance levels. It cleared the 50% Fib retracement level of the recent decline from the $0.5137 swing high to the $0.4948 low.<\/p>\n
The price is now trading below $0.5100 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5065 level or the 61.8% Fib retracement level of the recent decline from the $0.5137 swing high to the $0.4948 low. The first major resistance is near the $0.5090 level.<\/p>\n
$\"XRP$ <\/a>
Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
The next key resistance could be $0.5135. A clear move above the $0.5135 resistance might send the price toward the $0.5200 resistance. Any more gains might send the price toward the $0.5250 resistance or even $0.5265 in the near term. The next major hurdle might be $0.5350.<\/p>\n
Another Decline?<\/h2>\n
If XRP fails to clear the $0.5090 resistance zone, it could start another decline. Initial support on the downside is near the $0.500 level. The next major support is near the $0.4950 level.<\/p>\n
If there is a downside break and a close below the $0.4950 level, the price might continue to decline toward the $0.4880 support in the near term. The next major support sits near the $0.4740 zone.<\/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 near the 50 level.<\/p>\n
Major Support Levels \u2013 $0.5000 and $0.4950.<\/p>\n
Major Resistance Levels \u2013 $0.5090 and $0.5135.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is holding the $0.500 support zone. The price is consolidating and aiming for a fresh increase while Bitcoin is trimming gains. XRP price is eyeing a decent increase above the $0.5100 zone. The price is now trading below $0.5095 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $0.5090 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5135 resistance zone. XRP Price Eyes Upside Break XRP price extended losses below the $0.5000 support zone. The price even declined below $0.4980 before the bulls emerged, but losses were limited compared to Bitcoin and Ethereum. A low was formed at $0.4948 and the price started a fresh increase. There was a move above the $0.4985 and $0.500 resistance levels. It cleared the 50% Fib retracement level of the recent decline from the $0.5137 swing high to the $0.4948 low. The price is now trading below $0.5100 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5065 level or the 61.8% Fib retracement level of the recent decline from the $0.5137 swing high to the $0.4948 low. The first major resistance is near the $0.5090 level. The next key resistance could be $0.5135. A clear move above the $0.5135 resistance might send the price toward the $0.5200 resistance. Any more gains might send the price toward the $0.5250 resistance or even $0.5265 in the near term. The next major hurdle might be $0.5350. Another Decline? If XRP fails to clear the $0.5090 resistance zone, it could start another decline. Initial support on the downside is near the $0.500 level. The next major support is near the $0.4950 level. If there is a downside break and a close below the $0.4950 level, the price might continue to decline toward the $0.4880 support in the near term. The next major support sits near the $0.4740 zone. 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 near the 50 level. Major Support Levels \u2013 $0.5000 and $0.4950. Major Resistance Levels \u2013 $0.5090 and $0.5135.<\/p>\n","protected":false},"author":67,"featured_media":651621,"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-651619","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 Gears Up: Is a Major Move on the Horizon?<\/title>\n<meta name=\"description\" content=\"XRP price is holding the $0.500 support 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 Gears Up: Is a Major Move on the Horizon?","url":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-gears-up-0-50\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-gears-up-0-50\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP-Gears-Up.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP-Gears-Up.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":"2024-11-05T04:18:21Z","datePublished":"2024-11-05T04:18:21Z","dateModified":"2024-11-05T04:18:21Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Gears Up: Is a Major Move on the Horizon?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-gears-up-0-50\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-gears-up-0-50\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/XRP-Gears-Up.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/XRP-Gears-Up.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\":\"2024-11-05T04:18:21Z\",\"datePublished\":\"2024-11-05T04:18:21Z\",\"dateModified\":\"2024-11-05T04:18:21Z\"}<\/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\/11\/XRP-Gears-Up.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651619","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=651619"}],"version-history":[{"count":2,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651619\/revisions"}],"predecessor-version":[{"id":651623,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651619\/revisions\/651623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/651621"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=651619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=651619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=651619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}