{"id":374518,"date":"2019-03-13T05:00:24","date_gmt":"2019-03-13T05:00:24","guid":{"rendered":"https:\/\/wncen.com\/?p=374518"},"modified":"2024-06-11T13:38:44","modified_gmt":"2024-06-11T13:38:44","slug":"ripple-price-analysis-xrp-trading-near-make-or-break-levels-2","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/","title":{"rendered":"Ripple Price Analysis: XRP Trading Near Make-or-Break Levels 2019-03-13"},"content":{"rendered":"<ul>\n<li>Ripple price retested the $0.3045 support level and later corrected higher against the US dollar.<\/li>\n<li>The price recovered above $0.3060, but it struggled near the 100 hourly simple moving average.<\/li>\n<li>There is a crucial bearish trend line in place with resistance at $0.3100 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair must settle above $0.3100 and the 100 hourly SMA to gain bullish momentum.<\/li>\n<\/ul>\n<p><em>Ripple price faced many hurdles recently against the US Dollar and bitcoin. XRP\/USD is currently struggling near the $0.3100 resistance and likely preparing for the next move.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>There was a <a href=\"https:\/\/wncen.com\/2019\/03\/12\/ripple-price-analysis-xrp-buyers-to-defend-key-0-3000-support\/\" target=\"_blank\" rel=\"noopener noreferrer \">slow and steady decline<\/a> in ripple price below the $0.3120 resistance against the US Dollar. The XRP\/USD pair extended declines recently and revisited the $0.3045 support level. Buyers protected the $0.3045 area once again and the price started an upside correction. A low was formed at $0.3044 and the price moved above the $0.3060 and $0.3065 resistance levels. The price even broke the $0.3080 level and the 50% Fib retracement level of the recent drop from the $0.3129 high to $0.3044 low.<\/p>\n<p>However, the upside move was capped by the $0.3100 resistance and the 100 hourly simple moving average. Besides, the 61.8% Fib retracement level of the recent drop from the $0.3129 high to $0.3044 low acted as a resistance. More importantly, there is a crucial bearish trend line in place with resistance at $0.3100 on the hourly chart of the XRP\/USD pair. It seems like there is a strong resistance formed near $0.3100 and the 100 hourly SMA.<\/p>\n<p>Therefore, <a href=\"https:\/\/wncen.com\/2019\/03\/11\/ripple-price-analysis-xrp-looks-set-to-climb-above-0-3200\/\" target=\"_blank\" rel=\"noopener noreferrer \">buyers need to gain strength<\/a> above $0.3100 to start a decent rebound. The next resistance is at $0.3125 or the $0.3129 swing high. Above these, the price could test $0.3150 and the 1.236 Fib extension level of the recent drop from the $0.3129 high to $0.3044 low. On the other hand, if the price fails to move past the $0.3100 resistance, there could be a fresh decline. An initial support is near the $0.3065 level, below which the price may slide to $0.3045.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-374519\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-9.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, ripple price is trading near make-or-break zone near $0.3100. If buyers fail to gain strength above $0.3100 and the 100 hourly SMA, the price could decline once again. The main support is near the $0.3045 level, below which there is a risk of a drop to $0.3015.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is about to move into the bearish zone, with a negative bias.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently near the 50 level, with a positive angle.<\/p>\n<p>Major Support Levels \u2013 $0.3065, $0.3045 and $0.3015.<\/p>\n<p>Major Resistance Levels \u2013 $0.3095, $0.3100 and $0.3125.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price retested the $0.3045 support level and later corrected higher against the US dollar. The price recovered above $0.3060, but it struggled near the 100 hourly simple moving average. There is a crucial bearish trend line in place with resistance at $0.3100 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair must settle above $0.3100 and the 100 hourly SMA to gain bullish momentum. Ripple price faced many hurdles recently against the US Dollar and bitcoin. XRP\/USD is currently struggling near the $0.3100 resistance and likely preparing for the next move. Ripple Price Analysis There was a slow and steady decline in ripple price below the $0.3120 resistance against the US Dollar. The XRP\/USD pair extended declines recently and revisited the $0.3045 support level. Buyers protected the $0.3045 area once again and the price started an upside correction. A low was formed at $0.3044 and the price moved above the $0.3060 and $0.3065 resistance levels. The price even broke the $0.3080 level and the 50% Fib retracement level of the recent drop from the $0.3129 high to $0.3044 low. However, the upside move was capped by the $0.3100 resistance and the 100 hourly simple moving average. Besides, the 61.8% Fib retracement level of the recent drop from the $0.3129 high to $0.3044 low acted as a resistance. More importantly, there is a crucial bearish trend line in place with resistance at $0.3100 on the hourly chart of the XRP\/USD pair. It seems like there is a strong resistance formed near $0.3100 and the 100 hourly SMA. Therefore, buyers need to gain strength above $0.3100 to start a decent rebound. The next resistance is at $0.3125 or the $0.3129 swing high. Above these, the price could test $0.3150 and the 1.236 Fib extension level of the recent drop from the $0.3129 high to $0.3044 low. On the other hand, if the price fails to move past the $0.3100 resistance, there could be a fresh decline. An initial support is near the $0.3065 level, below which the price may slide to $0.3045. Looking at the chart, ripple price is trading near make-or-break zone near $0.3100. If buyers fail to gain strength above $0.3100 and the 100 hourly SMA, the price could decline once again. The main support is near the $0.3045 level, below which there is a risk of a drop to $0.3015. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is about to move into the bearish zone, with a negative bias. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently near the 50 level, with a positive angle. Major Support Levels \u2013 $0.3065, $0.3045 and $0.3015. Major Resistance Levels \u2013 $0.3095, $0.3100 and $0.3125.<\/p>\n","protected":false},"author":67,"featured_media":328926,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[3680,4531],"class_list":["post-374518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple Price Analysis: XRP Trading Near Make-or-Break Levels 2019-03-13<\/title>\n<meta name=\"description\" content=\"Ripple price faced many hurdles recently against the US Dollar and bitcoin. 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XRP\/USD is currently struggling near the $0.3100 resistance and likely preparing for the next move.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-13T05:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:38:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp3.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ripple Price Analysis: XRP Trading Near Make-or-Break Levels 2019-03-13\",\"datePublished\":\"2019-03-13T05:00:24+00:00\",\"dateModified\":\"2024-06-11T13:38:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/\"},\"wordCount\":419,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp3.jpg?fit=1200%2C600\",\"keywords\":[\"Ripple\",\"xrp\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/\",\"name\":\"Ripple Price Analysis: XRP Trading Near Make-or-Break Levels 2019-03-13\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-trading-near-make-or-break-levels-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp3.jpg?fit=1200%2C600\",\"datePublished\":\"2019-03-13T05:00:24+00:00\",\"dateModified\":\"2024-06-11T13:38:44+00:00\",\"description\":\"Ripple price faced many hurdles recently against the US Dollar and bitcoin. 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