Ripple Price Analysis: XRP’s Rally Could Extend To $0.3500-0.3600

2018-12-18 08:00

Key Highlights

Ripple price rallied recently and broke the $0.3000 and $0.3200 resistances against the US dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $0.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded above the $0.3300 resistance and it may continue to move higher in the near term.

Ripple price jumped back in a bullish zone against the US Dollar and Bitcoin. XRP/USD could continue to move higher towards the $0.3500 resistance zone.

Ripple Price Analysis

There was a solid support formed above the $0.2800 level in ripple price against the US Dollar. The XRP/USD pair traded higher and broke the $0.2950 and $0.3000 resistance levels. There was even a close above the $0.3060 level and the 100 hourly simple moving average. The recent upward move was strong as the price broke the $0.3200 resistance and climbed close to $0.3380.

During the rise, yesterday’s highlighted key bearish trend line was breached with resistance at $0.2850 on the hourly chart of the XRP/USD pair. The pair traded as high as $0.3377 and later corrected lower. It moved below the 23.6% Fib retracement level of the last wave from the $0.2813 low to $0.3377 high. However, the $0.3100 level acted as a strong support and protected more losses. Besides, there was no test of the 50% Fib retracement level of the last wave from the $0.2813 low to $0.3377 high. The price is currently trading nicely above the $0.3200 support area and it seems like it could surge further.

Looking at the chart, ripple price might clear the $0.3377 high and climb towards the $0.3500 or $0.3600 resistance. On the downside, there are many supports, starting with $0.3200 and up to $0.3000.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is slowly reducing its bullish slope.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently placed well above the 65 level.

Major Support Level – $0.3200

Major Resistance Level – $0.3380

The post Ripple Price Analysis: XRP’s Rally Could Extend To $0.3500-0.3600 appeared first on NewsBTC.

origin »

Selfkey (KEY) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0055279
Капитализация $0 Rank 99999
Цена в час новости $ 0.0025593 (-100%)

xrp ripple price pair key resistance 3600

xrp ripple → Результатов: 126


Ripple price forecast: Will XRP reclaim $2.5 soon?

Key takeaways XRP is down 11% in the last seven days and risks dropping below $2.0 soon. The bearish performance comes despite the recent launch of the spot XRP ETF. XRP continues to underperform XRP, the native coin of the Ripple ecosystem, faced intense selling pressure at key support levels in recent days, as the […] The post Ripple price forecast: Will XRP reclaim $2.5 soon? appeared first on CoinJournal.

2025-11-17 14:32


Блокчейн-сыщик ZachXBT назвал причины низкой популярности XRP

Независимый блокчейн-детектив, известный под псевдонимом ZachXBT, рассказал, что криптовалюта XRP компании Ripple Labs остается непопулярной на фоне успехов других крупных альткоинов — даже несмотря на завершившиеся судебные споры Ripple с американскими властями.

2025-8-12 16:52


Фото:

Ripple и SEC ставят точку: XRP получает зелёный свет

Семилетняя судебная сага между Комиссией по ценным бумагам и биржам США (SEC) и Ripple официально завершена. Обе стороны отказались от дальнейших апелляций, оставив в силе ключевое решение суда, согласно которому токен XRP не является ценной бумагой при продаже на вторичном рынке.

2025-8-9 17:38


Ripple’s Co-Founder Is Selling XRP

Chris Larsen, the co-founder of Ripple, is once again in the spotlight after reports and on-chain data revealed he has been selling large amounts of XRP. According to research highlighted by Crypto X AiMan in a new video, Larsen has moved an estimated $344 million worth of XRP to exchanges since the start of 2025, […] The post Ripple’s Co-Founder Is Selling XRP appeared first on CaptainAltcoin.

2025-8-3 22:30