Wednesday, July 9, 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 Stays Range-Bound: Will It Soon Make a Move?

n70products by n70products
October 22, 2024
in Market & Analysis
0
XRP Price Stays Range-Bound: Will It Soon Make a Move?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


XRP worth is struggling to clear the $0.5550 resistance. It should keep above the $0.5250 assist zone to aim a recent enhance within the close to time period.

  • XRP worth is consolidating above the $0.5320 zone.
  • The value is now buying and selling beneath $0.5500 and the 100-hourly Easy Shifting Common.
  • There was a break beneath a connecting bullish development line with assist at $0.5500 on the hourly chart of the XRP/USD pair (information supply from Kraken).
  • The pair may acquire bullish momentum if it clears the $0.5550 and $0.5580 resistance ranges.

XRP Worth Trades In A Vary

XRP worth remained steady above the $0.5320 assist zone. It began a good enhance above the $0.550 degree, however the bears had been lively close to the $0.5600 resistance zone.

A excessive was fashioned at $0.5600 earlier than the value began to say no like Bitcoin and Ethereum. There was a decline beneath the $0.5550 and $0.550 ranges. Apart from, there was a break beneath a connecting bullish development line with assist at $0.5500 on the hourly chart of the XRP/USD pair.

The value dipped beneath the 50% Fib retracement degree of the upward transfer from the $0.5375 swing low to the $0.5600 excessive. The value is now buying and selling beneath $0.5460 and the 100-hourly Easy Shifting Common.

The bulls are actually defending the 76.4% Fib retracement degree of the upward transfer from the $0.5375 swing low to the $0.5600 excessive. On the upside, the value would possibly face resistance close to the $0.5460 degree. The primary main resistance is close to the $0.5500 degree.

XRP Price

The following key resistance could possibly be $0.5550. A transparent transfer above the $0.5550 resistance would possibly ship the value towards the $0.5600 resistance. Any extra beneficial properties would possibly ship the value towards the $0.5800 resistance and even $0.5880 within the close to time period. The following main hurdle is likely to be $0.6000.

One other Drop?

If XRP fails to clear the $0.5500 resistance zone, it may begin one other decline. Preliminary assist on the draw back is close to the $0.5420 degree. The following main assist is close to the $0.5365 degree.

If there’s a draw back break and a detailed beneath the $0.5365 degree, the value would possibly proceed to say no towards the $0.5320 assist within the close to time period. The following main assist sits close to the $0.5250 zone.

Technical Indicators

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

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

Main Assist Ranges – $0.5420 and $0.5365.

Main Resistance Ranges – $0.5500 and $0.5550.



Source link

Tags: MovePriceRangeboundStaysXRP
Previous Post

Ethereum hits $2700 – Will Peter Brandt’s bullish projection play out now?

Next Post

Stacks upgrade: Unpacking ‘Nakamoto’ and its effect on STX

Next Post
Stacks upgrade: Unpacking ‘Nakamoto’ and its effect on STX

Stacks upgrade: Unpacking 'Nakamoto' and its effect on STX

Leave a Reply Cancel reply

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

Premium Content

XRP Price Steals the Spotlight: Dips Look Increasingly Attractive

XRP Price Steals the Spotlight: Dips Look Increasingly Attractive

December 18, 2024
XRP Price Rallies 25%: Can This Breakout Continue?

XRP Price Rallies 25%: Can This Breakout Continue?

August 8, 2024
Crypto PACs propel GOP wins in Florida – A new era for crypto legislation?

Crypto PACs propel GOP wins in Florida – A new era for crypto legislation?

April 3, 2025
Bitcoin: THIS group refuses to sell – Are more gains on the way?

Bitcoin: THIS group refuses to sell – Are more gains on the way?

June 25, 2025
Trader Issues Warning on Dogecoin Rival Shiba Inu, Says Bearish Momentum To Set In if Major Support Level Breaks

Trader Issues Warning on Dogecoin Rival Shiba Inu, Says Bearish Momentum To Set In if Major Support Level Breaks

January 3, 2025
Here’s why Bitcoin’s 15% spike in Open Interest signals caution

Here’s why Bitcoin’s 15% spike in Open Interest signals caution

April 13, 2025

Recent Posts

  • XRP Price Breaks $2.30 as ProShares ETF Listing Boosts Market Sentiment
  • Roman Storm Judge Unlikely To Allow Mention Of Tornado Cash Sanctions
  • Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

Categories

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

Recommended

XRP Price Breaks $2.30 as ProShares ETF Listing Boosts Market Sentiment

XRP Price Breaks $2.30 as ProShares ETF Listing Boosts Market Sentiment

July 9, 2025
Roman Storm Judge Unlikely To Allow Mention Of Tornado Cash Sanctions

Roman Storm Judge Unlikely To Allow Mention Of Tornado Cash Sanctions

July 9, 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