• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

XRP Price Could Soon Surge: Can Bulls Fuel the Rally?

n70products by n70products
September 23, 2024
in Market & Analysis
0
XRP Price Could Soon Surge: Can Bulls Fuel the Rally?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


XRP value is trying an upside break above $0.600. The value is displaying constructive indicators, however a weekly shut above $0.600 is required for a recent surge.

  • XRP value began one other enhance towards the $0.6050 zone.
  • The value is now buying and selling above $0.5880 and the 100-hourly Easy Transferring Common.
  • There was a break above a key bearish development line with resistance at $0.590 on the hourly chart of the XRP/USD pair (knowledge supply from Kraken).
  • The pair may acquire bullish momentum if it clears the $0.5950 and $0.600 resistance ranges.

XRP Worth May Acquire Bullish Momentum

XRP value remained well-supported above $0.5750 and began a recent enhance like Bitcoin and Ethereum. The value was in a position to clear the $0.580 and $0.5880 resistance ranges.

There was a break above a key bearish development line with resistance at $0.590 on the hourly chart of the XRP/USD pair. The bulls had been in a position to push the worth towards the 50% Fib retracement stage of the downward transfer from the $0.6123 swing excessive to the $0.5784 excessive at $0.5950.

The value is now buying and selling above $0.5880 and the 100-hourly Easy Transferring Common. On the upside, the worth would possibly face resistance close to the $0.5950 stage.

XRP Price

The primary main resistance is close to the $0.600 stage. The following key resistance might be $0.6050 or the 76.4% Fib retracement stage of the downward transfer from the $0.6123 swing excessive to the $0.5784 excessive. A transparent transfer above the $0.6050 resistance would possibly ship the worth towards the $0.6120 resistance. Any extra positive aspects would possibly ship the worth towards the $0.6280 resistance and even $0.6320 within the close to time period.

One other Rejection and Drop?

If XRP fails to clear the $0.600 resistance zone, it may begin one other decline. Preliminary assist on the draw back is close to the $0.5880 stage and the 100-hourly Easy Transferring Common. The following main assist is close to the $0.580 stage.

If there’s a draw back break and a detailed beneath the $0.580 stage, the worth would possibly proceed to say no towards the $0.5720 assist within the close to time period. The following main assist sits at $0.5650.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining tempo within the bullish zone.

Hourly RSI (Relative Energy Index) – The RSI for XRP/USD is now above the 50 stage.

Main Assist Ranges – $0.5880 and $0.5720.

Main Resistance Ranges – $0.5950 and $0.6050.



Source link

Tags: BullsFuelPriceRallySurgeXRP
Previous Post

Ethereum’s Average Staker Revenue Drops Sharply As Network Activity Declines

Next Post

Bitcoin (BTC) Will Thrive Regardless of US Election Outcome, Says VanEck’s Matthew Sigel

Next Post
Bitcoin (BTC) Will Thrive Regardless of US Election Outcome, Says VanEck’s Matthew Sigel

Bitcoin (BTC) Will Thrive Regardless of US Election Outcome, Says VanEck’s Matthew Sigel

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Bitcoin Price Primed To Clear $71,500 and Rally Again

March 29, 2024
Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch

Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch

May 15, 2025
Ethereum Surges With Force As Price Logs Most Significant Daily Rally In Years

Ethereum Surges With Force As Price Logs Most Significant Daily Rally In Years

May 23, 2025

Recents

Hotelier turned bitcoin hoarder Metaplanet plots acquisition spree

Hotelier turned bitcoin hoarder Metaplanet plots acquisition spree

July 8, 2025
Will 600K Bitcoin Be The Tipping Point? Saylor’s Strategy Sparks Institutional Wave

Will 600K Bitcoin Be The Tipping Point? Saylor’s Strategy Sparks Institutional Wave

July 8, 2025
How Vietnam Is Using Crypto to Fix Its FATF Reputation

How Vietnam Is Using Crypto to Fix Its FATF Reputation

July 8, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report Ripple SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version