XRP Price Grinds Higher: Is A Break Above $0.60 Imminent?
2024年7月17日 - 1:08PM
NEWSBTC
XRP price extended its increase above the $0.550 resistance zone.
The price is showing positive signs and might extend gains above
$0.5850 and $0.600. XRP price started another increase above the
$0.550 resistance zone. The price is now trading above $0.550 and
the 100-hourly Simple Moving Average. There is a connecting bullish
trend line forming with support at $0.5620 on the hourly chart of
the XRP/USD pair (data source from Kraken). The pair could extend
gains if there is a close above the $0.600 resistance level. XRP
Price Regains Strength XRP price formed a base above the $0.525
level and started a fresh increase. The price broke the $0.5450
resistance to move again into a positive zone like Ethereum and
Bitcoin. There was also a move above the $0.5650 resistance level.
A high was formed at $0.5925 and the price is now consolidating
gains. There was a minor decline below the 23.6% Fib retracement
level of the upward move from the $0.5330 swing low to the $0.5925
high. The price is now trading above $0.5550 and the 100-hourly
Simple Moving Average. Besides, there is a connecting bullish trend
line forming with support at $0.5620 on the hourly chart of the
XRP/USD pair. On the upside, the price is facing resistance near
the $0.5950 level. The first major resistance is near the $0.600
level. The next key resistance could be $0.620. A clear move above
the $0.620 resistance might send the price toward the $0.6380
resistance. The next major resistance is near the $0.650 level. Any
more gains might send the price toward the $0.6880 resistance. Are
Dips Supported? If XRP fails to clear the $0.600 resistance zone,
it could start a downside correction. Initial support on the
downside is near the $0.5620 level, the trend line, and the 50% Fib
retracement level of the upward move from the $0.5330 swing low to
the $0.5925 high. The next major support is at $0.550. If there is
a downside break and a close below the $0.550 level, the price
might continue to decline toward the $0.5350 support in the near
term. Technical Indicators Hourly MACD – The MACD for XRP/USD is
now gaining pace in the bullish zone. Hourly RSI (Relative Strength
Index) – The RSI for XRP/USD is now above the 50 level. Major
Support Levels – $0.5620 and $0.5500. Major Resistance Levels –
$0.5950 and $0.6000.
Ripple (COIN:XRPUSD)
過去 株価チャート
から 6 2024 まで 7 2024
Ripple (COIN:XRPUSD)
過去 株価チャート
から 7 2023 まで 7 2024