XRP Price Near Crucial Juncture, Can Bulls Take A Stand?

2024-4-3 07:28

XRP price is struggling below $0.620. The price must stay above the $0.5680 support to attempt a fresh increase in the near term.

XRP is slowly moving lower from the $0.6620 resistance zone. The price is now trading below $0.620 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum if there is a close below the $0.5680 support. XRP Price Faces Many Hurdles

In the past few sessions, XRP price saw a steady decline from well above the $0.650 level. There was a drop below the $0.620 and $0.605 support levels, like Bitcoin and Ethereum.

The price tested the $0.580 support. A low was formed near $0.5805 and the price is now consolidating losses. There is also a major bearish trend line forming with resistance near $0.600 on the 4-hour chart of the XRP/USD pair.

Ripple’s token price is now trading below $0.620 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.600 zone and the trend line. It is close to the 23.6% Fib retracement level of the downward wave from the $0.6625 swing high to the $0.5805 low.

The next key resistance is near $0.620. It is close to the 50% Fib retracement level of the downward wave from the $0.6625 swing high to the $0.5805 low. A close above the $0.6250 resistance zone could spark a strong increase. The next key resistance is near $0.6620.

Source: XRPUSD on TradingView.com

If the bulls remain in action above the $0.6620 resistance level, there could be a rally toward the $0.680 resistance. Any more gains might send the price toward the $0.700 resistance.

More Losses?

If XRP fails to clear the $0.600 resistance zone, it could start another decline. Initial support on the downside is near the $0.580 zone.

The next major support is at $0.5680. If there is a downside break and a close below the $0.5680 level, the price might accelerate lower. In the stated case, the price could retest the $0.5250 support zone.

Technical Indicators

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

4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $0.580, $0.5680, and $0.5250.

Major Resistance Levels – $0.600, $0.6250, and $0.6620.

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price xrp near below term slowly zone

Источник: newsbtc.com

price xrp → Результатов: 126


XRP Price Could Hit $6 Sooner Than You Think; Here’s Why

XRP price is currently trading around $2.41 at the time of writing. Since the sharp 35% drop on October 10, the token has been consolidating within a price range of $2.10 and $2.60. According to an analyst from the Working Money YouTube channel, XRP price could climb as high as $6 within the next five […] The post XRP Price Could Hit $6 Sooner Than You Think; Here’s Why appeared first on CaptainAltcoin.

2025-10-23 14:28


Фото:

XRP & HYPE Reach Key Price Levels as BlockDAG’s $0.0016 Countdown Gains Momentum

Crypto markets are entering a crucial stage, and three of the top crypto coins right now are attracting attention for very different reasons. XRP is in a high-stakes legal and ETF decision phase that could shift its price trend, while Hyperliquid (HYPE) shows strong on-chain growth and prepares for a technical breakout from the $34–$38 […] The post XRP & HYPE Reach Key Price Levels as BlockDAG’s $0.

2025-8-11 20:00


XRP Price Set to Skyrocket to $13? Top Analyst Says Ongoing Rally Won’t Stop If…

XRP is finally making the kind of moves its holders have been waiting for. After a long period of slow price action, XRP price has climbed past $2.50 and is showing signs of serious strength. Many in the Ripple community are watching closely to see if this rally is the real deal or just another […] The post XRP Price Set to Skyrocket to $13? Top Analyst Says Ongoing Rally Won’t Stop If… appeared first on CaptainAltcoin.

2025-7-12 19:15


Ripple XRP Price Set for $40? Top Analyst Explains Why It’s Possible

When it comes to price predictions, some people think Ripple’s XRP price could go sky-high, while others think it will never break out of its current range. But according to C-Zar, a popular analyst from the C-Zar Gets Crypto YouTube channel, there’s plenty of reason to believe XRP could eventually reach prices as high as […] The post Ripple XRP Price Set for $40? Top Analyst Explains Why It’s Possible appeared first on CaptainAltcoin.

2025-7-6 18:00


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.