Tuesday, June 3, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR 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?
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


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

  • XRP worth began one other enhance towards the $0.6050 zone.
  • The worth is now buying and selling above $0.5880 and the 100-hourly Easy Shifting 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 Value Might Acquire Bullish Momentum

XRP worth remained well-supported above $0.5750 and began a recent enhance like Bitcoin and Ethereum. The worth 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 have been in a position to push the value 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 worth is now buying and selling above $0.5880 and the 100-hourly Easy Shifting Common. On the upside, the value may face resistance close to the $0.5950 stage.

XRP Price

The primary main resistance is close to the $0.600 stage. The subsequent 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 may ship the value towards the $0.6120 resistance. Any extra features may ship the value 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 Shifting Common. The subsequent main assist is close to the $0.580 stage.

If there’s a draw back break and an in depth beneath the $0.580 stage, the value may proceed to say no towards the $0.5720 assist within the close to time period. The subsequent 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 Help Ranges – $0.5880 and $0.5720.

Main Resistance Ranges – $0.5950 and $0.6050.



Source link

Tags: BullsfuelPriceRallysurgeXRP
Previous Post

Eth active addresses have hit $5 million over the past week

Next Post

What to expect from Meta Connect 2024: Affordable Quest 3, AR glasses, and more

Next Post
What to expect from Meta Connect 2024: Affordable Quest 3, AR glasses, and more

What to expect from Meta Connect 2024: Affordable Quest 3, AR glasses, and more

Leave a Reply Cancel reply

Your email address will not be published.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

Premium Content

World’s Largest Crypto Exchange by Trading Volume Binance Adds Support for Trump-Linked World Liberty Financial Stablecoin

World’s Largest Crypto Exchange by Trading Volume Binance Adds Support for Trump-Linked World Liberty Financial Stablecoin

May 23, 2025
Hyperliquid flips Solana in fees, but is the ‘HYPE’ justified?

Hyperliquid flips Solana in fees, but is the ‘HYPE’ justified?

February 27, 2025
Bhutan’s Bitcoin Treasure Crosses $1 Billion Mark – A 2024 Success Story

Bhutan’s Bitcoin Treasure Crosses $1 Billion Mark – A 2024 Success Story

November 15, 2024
VanEck Shuts Down Ethereum Futures ETF Amidst Struggling Market Conditions

VanEck Shuts Down Ethereum Futures ETF Amidst Struggling Market Conditions

September 7, 2024
Bitcoin’s confidence game – How it can be key to the road to $100K

Bitcoin’s confidence game – How it can be key to the road to $100K

February 16, 2025
Announcing Ethereum Protocol Fellowship Cohort 6

Announcing Ethereum Protocol Fellowship Cohort 6

April 18, 2025

Recent Posts

  • Wave Count Analysis Reveals The XRP Price Trigger Point For Take-Off
  • Will Ethereum see more gains in June? – THIS ratio says yes, here’s why
  • Robinhood acquires crypto exchange Bitstamp for $200M

Categories

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

Recommended

Will Ethereum see more gains in June? – THIS ratio says yes, here’s why

Will Ethereum see more gains in June? – THIS ratio says yes, here’s why

June 3, 2025
Robinhood acquires crypto exchange Bitstamp for $200M

Robinhood acquires crypto exchange Bitstamp for $200M

June 3, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

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

© 2023 Dollar-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