{"id":653814,"date":"2024-11-19T04:18:29","date_gmt":"2024-11-19T04:18:29","guid":{"rendered":"https:\/\/uniquehot.com\/?p=653814"},"modified":"2024-11-19T04:02:51","modified_gmt":"2024-11-19T04:02:51","slug":"xrp-price-holds-strong-1-00","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-holds-strong-1-00\/","title":{"rendered":"XRP Price Holds Strong, Aiming for More Upside Moves"},"content":{"rendered":"<p><em>XRP price is consolidating gains above the $1.050 support zone. The price could soon aim for more gains above the $1.180 resistance zone.<\/em><\/p>\n<ul>\n<li>XRP price started another increase above the $1.080 resistance.<\/li>\n<li>The price is now trading above $1.0850 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could soon gain bullish momentum if it stays above the $1.00 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Aims Higher<\/h2>\n<p>XRP price formed a base above the $1.00 level and recently started a fresh increase. It outperformed <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-gears-up-92k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-readies-3220\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a> with a move above the $1.050 and $1.080 resistance levels.<\/p>\n<p>The price climbed above the 50% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low. The bulls even pushed the price above the $1.150 resistance level before the bears appeared. It seems like the price faced resistance near $1.170.<\/p>\n<p>The 61.8% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low is acting as a hurdle. However, there is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading above $1.080 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1680 level. The first major resistance is near the $1.200 level.<\/p>\n<figure id=\"attachment_653815\" aria-describedby=\"caption-attachment-653815\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-653815 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-653815\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The next key resistance could be $1.2740. A clear move above the $1.2740 resistance might send the price toward the $1.3220 resistance. Any more gains might send the price toward the $1.3500 resistance or even $1.3620 in the near term. The next major hurdle might be $1.450.<\/p>\n<h2>Are Dips Supported?<\/h2>\n<p>If XRP fails to clear the $1.1680 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.100 level and the trend line. The next major support is near the $1.060 level.<\/p>\n<p>If there is a downside break and a close below the $1.060 level, the price might continue to decline toward the $1.000 support in the near term. The next major support sits near the $0.980 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.1000 and $1.0600.<\/p>\n<p>Major Resistance Levels \u2013 $1.1700 and $1.2000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is consolidating gains above the $1.050 support zone. The price could soon aim for more gains above the $1.180 resistance zone. XRP price started another increase above the $1.080 resistance. The price is now trading above $1.0850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could soon gain bullish momentum if it stays above the $1.00 support zone. XRP Price Aims Higher XRP price formed a base above the $1.00 level and recently started a fresh increase. It outperformed Bitcoin and Ethereum with a move above the $1.050 and $1.080 resistance levels. The price climbed above the 50% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low. The bulls even pushed the price above the $1.150 resistance level before the bears appeared. It seems like the price faced resistance near $1.170. The 61.8% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low is acting as a hurdle. However, there is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP\/USD pair. The price is now trading above $1.080 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1680 level. The first major resistance is near the $1.200 level. The next key resistance could be $1.2740. A clear move above the $1.2740 resistance might send the price toward the $1.3220 resistance. Any more gains might send the price toward the $1.3500 resistance or even $1.3620 in the near term. The next major hurdle might be $1.450. Are Dips Supported? If XRP fails to clear the $1.1680 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.100 level and the trend line. The next major support is near the $1.060 level. If there is a downside break and a close below the $1.060 level, the price might continue to decline toward the $1.000 support in the near term. The next major support sits near the $0.980 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 above the 50 level. Major Support Levels \u2013 $1.1000 and $1.0600. Major Resistance Levels \u2013 $1.1700 and $1.2000.<\/p>\n","protected":false},"author":67,"featured_media":653816,"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-653814","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<title>XRP Price Holds Strong, Aiming for More Upside Moves<\/title>\n<meta name=\"description\" content=\"XRP price is consolidating gains above the $1.050 support zone. 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