Charted: Ripple (XRP) Weekly Chart Suggests Massive Breakout To $0.75

2020-11-23 10:28

Ripple surged over 40% and it even broke the $0.4500 resistance against the US Dollar. XRP price weekly chart suggests high chances of more upsides towards $0.6000 and $0.7500.

Ripple started a strong surge after it broke the $0.3000 resistance zone against the US dollar. The price even cleared the $0.4000 resistance and settled well above the 100-week simple moving average. There was a break above a crucial bearish trend line with resistance near $0.2950 on the weekly chart of the XRP/USD pair (data source from Kraken). The pair remains elevated and the bulls could aim a test of $0.6000 or even $0.7500. Ripple’s XRP Price Rallies 40%

In the past few days, there was a sharp increase in ripple’s XRP price above the $0.3000 resistance zone. The price gained pace after there was a proper close above $0.3000 and the 100-week simple moving average.

More importantly, there was a break above a crucial bearish trend line with resistance near $0.2950 on the weekly chart of the XRP/USD pair. It opened the doors for a sharp increase above $0.3200 and $0.3500. The price even surged above the 61.8% Fib retracement level of the main decline from the $0.5081 swing high to $0.1131 swing low.

Ripple price settled above the $0.4000 resistance and spiked towards $0.5000. The price is now trading above the 76.4% Fib retracement level of the main decline from the $0.5081 swing high to $0.1131 swing low.

Source: XRPUSD on TradingView.com

The current weekly candle seems positive and it seems like there are chances of more upsides above $0.5000 and the $0.5080 swing high. The next target for the bulls could be $0.6000 level. Any further gains could open the doors for a rally towards the $0.7500 level.

The 1.618 Fib extension level of the main decline from the $0.5081 swing high to $0.1131 swing low at $0.7522 could be the target of the bulls in the coming weeks.

Dips Limited in XRP?

If ripple fails to clear the $0.5000 and $0.5080 resistance levels, there could be a downside correction. The first key support is near the $0.4150 level.

The next major support is near the $0.3550 level (a multi-touch zone), below which the price could drop towards the $0.3000 breakout zone and the 100-week simple moving average.

Technical Indicators

4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 70 level.

Major Support Levels – $0.4150, $0.3850 and $0.3550.

Major Resistance Levels – $0.5000, $0.5080 and $0.6000.

origin »

Ripple (XRP) на Currencies.ru

$ 2.0588 (-0.38%)
Объем 24H $3.272b
Изменеия 24h: -4.14 %, 7d: -6.12 %
Cегодня L: $2.0583 - H: $2.1107
Капитализация $124.209b Rank 4
Цена в час новости $ 0.5336 (285.83%)

ripple xrp suggests weekly chart broke upsides

Источник: newsbtc.com

ripple xrp → Результатов: 126


The "XRP Killer" Prediction: How Digitap ($TAP) is Forecast to Absorb Billions from Ripple's Market Cap

After days of red candles and growing investor fatigue, Ripple (XRP) is losing its grip on the payments crown. Even as Evernorth’s billion-dollar treasury deal made headlines, the Ripple coin price The post The "XRP Killer" Prediction: How Digitap ($TAP) is Forecast to Absorb Billions from Ripple's Market Cap appeared first on AMBCrypto.

2025-10-23 18:00


Ripple’s ISO 20022 Advantage: Analyst Explains the Long Game for XRP Supporters

A new post by fintech commentator Vincent Van Coode has sparked conversation in the XRP and broader crypto community. His take highlights Ripple’s unique positioning within global finance, pointing out that one of Ripple’s biggest challenges – and opportunities – lies in connecting thousands of disparate, legacy systems still used by banks worldwide.

2025-9-7 14:00


Ripple и SEC отозвали апелляции: дело по XRP официально закрыто

Комиссия по ценным бумагам и биржам (SEC) и Ripple Labs прекратили многолетнюю судебную тяжбу, подав совместное заявление об отзыве апелляций по делу о статусе токена XRP. Компании договорились завершить спор, который длился почти пять лет и стал одним из самых значимых регуляторных дел в криптовалютной индустрии.

2025-8-8 08:41


Ripple станет банком XRP, — мнение основателя Bitwise

Недавно CEO Bitwise заявил, что Ripple в течение года может превратиться в XRP treasury company. Проще говоря, компания Ripple станет банком, который владеет огромными запасами XRP и зарабатывает на этом.

2025-7-11 17:19


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

BlackRock XRP ETF Speculation Hit New Highs As XRPC Performance Shocks Markets

The speculation surrounding a potential BlackRock XRP ETF has surged to new heights. This surge is a direct consequence of the astonishing market debut of the Canary XRPC ETF. Canary XRP ETF’s launch has painted a clear picture of robust institutional and retail demand for a regulated XRP investment product.

Ripple Exec Addresses Tax Issue On XRP Ledger, Where Does It Go?

A debate over the XRP Ledger’s (XRPL) economy model has ignited after Ripple’s Chief Technology Officer (CTO), David Schwartz, directly addressed questions about taxation on the blockchain. Critics have suggested that if XRP holders do not earn from the ecosystem, someone must be collecting a tax.

Why This Pundit Believes XRP Could Become A ‘Joke’ As ETFs Go Live

A recently shared image on X showing the full lineup of pending XRP ETF filings prompted a blunt response from market commentator Robert Ledferd. Instead of offering predictions or excitement, he framed the moment as a straightforward test for the asset, noting that if XRP cannot climb into double-digit territory once this many ETFs are live, the market may end up treating it as a joke.