chart<\/a>, ripple price is clearly trading in a bullish zone above the $0.3600 and $0.3550 support levels. Therefore, if there is a fresh downside correction, buyers are likely to protect $0.3550 and the 100 hourly SMA. On the upside, sellers need to keep an eye on $0.3750 and $0.3780. A successful follow through above $0.3780 and $0.3800 is likely to push the price towards the $0.3850, $0.3900 or even $0.4000.<\/p>\nTechnical Indicators<\/h2>\n Hourly MACD \u2013 The MACD for XRP\/USD is placed nicely in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently correcting lower towards the 50 level.<\/p>\n
Major Support Levels \u2013 $0.3600, $0.3550 and $0.3520.<\/p>\n
Major Resistance Levels \u2013 $0.3700, $0.3750 and $0.3780.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple price is trading in a positive zone above the $0.3500 support area against the US dollar. Bitcoin and Ethereum climbed higher recently above the $5,200 and $180 levels respectively. There was a break above a short-term contracting triangle with resistance near $0.3620 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair must clear the $0.3750 resistance to climb towards the $0.3850 and $0.4000 resistances. Ripple price is placed nicely for more gains against the US Dollar and bitcoin. XRP might sooner or later break the $0.3750 resistance to start a solid rise towards the $0.4000 level. Ripple Price Analysis After a downside correction, ripple price found support near the $0.3250 level against the US Dollar. The XRP\/USD pair started a fresh rise and traded above the $0.3380 and $0.3400 resistance levels. Later, there was a close above the $0.3500 level and the 100 hourly simple moving average. A swing high was formed at $0.3791 before the price corrected once again. It declined below the $0.3600 level and the 50% Fib retracement level of the last wave from the $0.3258 low to $0.3791 high. However, the $0.3500 level acted as a solid support along with the 100 hourly SMA. Besides, the 61.8% Fib retracement level of the last wave from the $0.3258 low to $0.3791 high also acted as a support. The price is currently moving higher and is placed above the $0.3600 level. Moreover, there was a break above a short-term contracting triangle with resistance near $0.3620 on the hourly chart of the XRP\/USD pair. The pair tested the $0.3700 level and it is currently signaling more gains. On the upside, the main resistance is near the $0.3750 and $0.3780 levels. A successful close above the $0.3750 level is likely to open the doors for more gains above the $0.3850 resistance. The next main hurdle for buyers is near the $0.4000 level, where sellers are likely to appear. Looking at the chart, ripple price is clearly trading in a bullish zone above the $0.3600 and $0.3550 support levels. Therefore, if there is a fresh downside correction, buyers are likely to protect $0.3550 and the 100 hourly SMA. On the upside, sellers need to keep an eye on $0.3750 and $0.3780. A successful follow through above $0.3780 and $0.3800 is likely to push the price towards the $0.3850, $0.3900 or even $0.4000. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is placed nicely in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently correcting lower towards the 50 level. Major Support Levels \u2013 $0.3600, $0.3550 and $0.3520. Major Resistance Levels \u2013 $0.3700, $0.3750 and $0.3780.<\/p>\n","protected":false},"author":67,"featured_media":328928,"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-377579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n
Ripple (XRP) Price Could Soon Follow BTC and ETH Higher, Targets $0.40<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n