{"id":376114,"date":"2019-03-27T05:00:19","date_gmt":"2019-03-27T05:00:19","guid":{"rendered":"https:\/\/wncen.com\/?p=376114"},"modified":"2024-06-11T13:39:00","modified_gmt":"2024-06-11T13:39:00","slug":"ripple-price-analysis-xrp-primed-for-lift-off-above-0-3100","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-primed-for-lift-off-above-0-3100\/","title":{"rendered":"Ripple Price Analysis: XRP Primed For Lift-Off Above $0.3100"},"content":{"rendered":"<ul>\n<li>Ripple price tested the next key support near $0.2920 and later bounced back against the US dollar.<\/li>\n<li>Bulls took control and pushed the price above the $0.2980 and $0.3000 resistance levels.<\/li>\n<li>This week\u2019s followed key bearish trend line was breached with resistance at $0.3010 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair rallied above the $0.3020 resistance and it may even climb above $0.3065 and $0.3080.<\/li>\n<\/ul>\n<p><em>Ripple price traded to new weekly lows before rebounding higher against the US Dollar and <a href=\"https:\/\/wncen.com\/2019\/03\/26\/bitcoin-btc-price-signaling-additional-losses-below-3900\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a>. XRP\/USD settled above $0.3000, with a bullish angle and it may accelerate above $0.3065.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, we saw a nasty decline below $0.3000 in ripple price against the US Dollar and discussed about more losses. The XRP\/USD pair did extend losses below the $0.3000 and $0.2950 support levels. It tested the $0.2920 support area, where buyers emerged. A swing low was formed near $0.2913 and later the price started a sharp upward move. Buyers came into action and pushed the price above the $0.2980 and $0.3000 resistance levels.<\/p>\n<p>The upward move was strong as the price climbed above the 61.8% Fib retracement level of the <a href=\"https:\/\/wncen.com\/2019\/03\/26\/ripple-price-analysis-xrp-bears-target-0-2800-post-downside-break\/\" target=\"_blank\" rel=\"noopener noreferrer \">last decline<\/a> from the $0.3065 high to $0.2913 low. Moreover, this week\u2019s followed key bearish trend line was breached with resistance at $0.3010 on the hourly chart of the XRP\/USD pair. The pair is now trading nicely above the 76.4% Fib retracement level of the last decline from the $0.3065 high to $0.2913 low. It is testing the $0.3065 swing high and trading above the 100 hourly simple moving average.<\/p>\n<p>In the short term, there could be a downside correction towards the $0.3030 or $0.3010 support levels. On the upside, a break above the $0.3065 might open the doors for more gains. The next key resistance is near $0.3100. It represents the 1.236 Fib extension retracement level of the last decline from the $0.3065 high to $0.2913 low.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-376115\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.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-19.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Price-19.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 clearly recovered nicely from the $0.2920 support level. A close above the $0.3000 barrier is positive and has opened the doors for more gains. However, it won\u2019t be easy for buyers to clear the $0.3065 and $0.3080 levels. Once they succeed, the price is likely to surge above the $0.3100 resistance level. On the downside, there are many supports near the $0.3030 and $0.3010 levels, followed by the key $0.3000 support.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is placed heavily in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD climbed higher sharply and moved above the 65 level.<\/p>\n<p>Major Support Levels \u2013 $0.3030, $0.3010 and $0.3000.<\/p>\n<p>Major Resistance Levels \u2013 $0.3065, $0.3080 and $0.3100.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price tested the next key support near $0.2920 and later bounced back against the US dollar. Bulls took control and pushed the price above the $0.2980 and $0.3000 resistance levels. This week\u2019s followed key bearish trend line was breached with resistance at $0.3010 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair rallied above the $0.3020 resistance and it may even climb above $0.3065 and $0.3080. Ripple price traded to new weekly lows before rebounding higher against the US Dollar and bitcoin. XRP\/USD settled above $0.3000, with a bullish angle and it may accelerate above $0.3065. Ripple Price Analysis Yesterday, we saw a nasty decline below $0.3000 in ripple price against the US Dollar and discussed about more losses. The XRP\/USD pair did extend losses below the $0.3000 and $0.2950 support levels. It tested the $0.2920 support area, where buyers emerged. A swing low was formed near $0.2913 and later the price started a sharp upward move. Buyers came into action and pushed the price above the $0.2980 and $0.3000 resistance levels. The upward move was strong as the price climbed above the 61.8% Fib retracement level of the last decline from the $0.3065 high to $0.2913 low. Moreover, this week\u2019s followed key bearish trend line was breached with resistance at $0.3010 on the hourly chart of the XRP\/USD pair. The pair is now trading nicely above the 76.4% Fib retracement level of the last decline from the $0.3065 high to $0.2913 low. It is testing the $0.3065 swing high and trading above the 100 hourly simple moving average. In the short term, there could be a downside correction towards the $0.3030 or $0.3010 support levels. On the upside, a break above the $0.3065 might open the doors for more gains. The next key resistance is near $0.3100. It represents the 1.236 Fib extension retracement level of the last decline from the $0.3065 high to $0.2913 low. Looking at the chart, ripple price clearly recovered nicely from the $0.2920 support level. A close above the $0.3000 barrier is positive and has opened the doors for more gains. However, it won\u2019t be easy for buyers to clear the $0.3065 and $0.3080 levels. Once they succeed, the price is likely to surge above the $0.3100 resistance level. On the downside, there are many supports near the $0.3030 and $0.3010 levels, followed by the key $0.3000 support. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is placed heavily in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD climbed higher sharply and moved above the 65 level. Major Support Levels \u2013 $0.3030, $0.3010 and $0.3000. Major Resistance Levels \u2013 $0.3065, $0.3080 and $0.3100.<\/p>\n","protected":false},"author":67,"featured_media":347583,"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-376114","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 Primed For Lift-Off Above $0.3100<\/title>\n<meta name=\"description\" content=\"Ripple price traded to new weekly lows before rebounding higher against the US Dollar and bitcoin. 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XRP\/USD settled above $0.3000, with a bullish angle and it may accelerate above $0.3065.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ripple-price-analysis-xrp-primed-for-lift-off-above-0-3100\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Price Analysis: XRP Primed For Lift-Off Above $0.3100","og_description":"Ripple price traded to new weekly lows before rebounding higher against the US Dollar and bitcoin. 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