{"id":378866,"date":"2019-04-18T05:00:54","date_gmt":"2019-04-18T05:00:54","guid":{"rendered":"https:\/\/wncen.com\/?p=378866"},"modified":"2024-06-11T13:14:47","modified_gmt":"2024-06-11T13:14:47","slug":"ripple-xrp-price-analysis-bulls-aiming-0-3500","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/","title":{"rendered":"Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher"},"content":{"rendered":"<ul>\n<li>Ripple price gained bullish momentum and broke the $0.3265 and $0.3300 resistances against the US dollar.<\/li>\n<li>The price even climbed above the $0.3350 resistance level to move into a positive zone.<\/li>\n<li>This week\u2019s highlighted key bearish trend line was breached with resistance near $0.3288 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair traded close to $0.3420 and now it remains well supported above the $0.3290 level.<\/li>\n<\/ul>\n<p><em>Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with <a href=\"https:\/\/wncen.com\/2019\/04\/17\/bitcoin-btc-trend-overwhelmingly-positive\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a>. XRP is likely to extend gains towards the $0.3500 or $0.3520 level in the near term.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, we saw a decent recovery above the $0.3200 resistance area in ripple price against the US Dollar. The XRP\/USD pair settled above the $0.3210 level and later started trading in a range. Finally, buyers had the upper hand and pushed the price above the $0.3250 resistance and the 100 hourly simple moving average. It opened the doors for more gains and the price broke the 61.8% Fib retracement level of the decline from the $0.3330 swing high to $0.3135 low.<\/p>\n<p>More importantly, <a href=\"https:\/\/wncen.com\/2019\/04\/17\/ripple-xrp-price-analysis-support\/\" target=\"_blank\" rel=\"noopener noreferrer \">this week\u2019s highlighted key bearish trend line<\/a> was breached with resistance near $0.3288 on the hourly chart of the XRP\/USD pair. The pair climbed sharply above the $0.3350 resistance level to move into a positive zone. Finally, there was a break above the $0.3400 level and the price traded as high as $0.3422. Recently, there was a minor downside correction below $0.3380 and the 23.6% Fib retracement level of the last wave from the $0.3209 low to $0.3422 high. However, dips remain supported above the $0.3300 level. An initial support is at $0.3320.<\/p>\n<p>The 50% Fib retracement level of the last wave from the $0.3209 low to $0.3422 high is also near $0.3315 to act as a support. The next main support is near $0.3260 and the 100 hourly simple moving average. Therefore, if the price corrects lower further, it could find a strong support near the $0.3320 and $0.3300 levels. On the upside, a break above the $0.3422 high is likely to push the price towards the $0.3500 level.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-378867\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Ripple-Price-12.png?w=1140 1140w\" sizes=\"auto, (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 moved into a positive zone above the $0.3300 and $0.3320 levels. It may continue to rise if buyers clear the $0.3420 and $0.3450 resistance levels in the near term.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is currently placed nicely in the bullish zone, with positive signs.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently well above the 60 level, with a bullish bias.<\/p>\n<p>Major Support Levels \u2013 $0.3320, $0.3300 and $0.3265.<\/p>\n<p>Major Resistance Levels \u2013 $0.3420, $0.3450 and $0.3500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price gained bullish momentum and broke the $0.3265 and $0.3300 resistances against the US dollar. The price even climbed above the $0.3350 resistance level to move into a positive zone. This week\u2019s highlighted key bearish trend line was breached with resistance near $0.3288 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair traded close to $0.3420 and now it remains well supported above the $0.3290 level. Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with bitcoin. XRP is likely to extend gains towards the $0.3500 or $0.3520 level in the near term. Ripple Price Analysis Yesterday, we saw a decent recovery above the $0.3200 resistance area in ripple price against the US Dollar. The XRP\/USD pair settled above the $0.3210 level and later started trading in a range. Finally, buyers had the upper hand and pushed the price above the $0.3250 resistance and the 100 hourly simple moving average. It opened the doors for more gains and the price broke the 61.8% Fib retracement level of the decline from the $0.3330 swing high to $0.3135 low. More importantly, this week\u2019s highlighted key bearish trend line was breached with resistance near $0.3288 on the hourly chart of the XRP\/USD pair. The pair climbed sharply above the $0.3350 resistance level to move into a positive zone. Finally, there was a break above the $0.3400 level and the price traded as high as $0.3422. Recently, there was a minor downside correction below $0.3380 and the 23.6% Fib retracement level of the last wave from the $0.3209 low to $0.3422 high. However, dips remain supported above the $0.3300 level. An initial support is at $0.3320. The 50% Fib retracement level of the last wave from the $0.3209 low to $0.3422 high is also near $0.3315 to act as a support. The next main support is near $0.3260 and the 100 hourly simple moving average. Therefore, if the price corrects lower further, it could find a strong support near the $0.3320 and $0.3300 levels. On the upside, a break above the $0.3422 high is likely to push the price towards the $0.3500 level. Looking at the chart, ripple price clearly moved into a positive zone above the $0.3300 and $0.3320 levels. It may continue to rise if buyers clear the $0.3420 and $0.3450 resistance levels in the near term. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is currently placed nicely in the bullish zone, with positive signs. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently well above the 60 level, with a bullish bias. Major Support Levels \u2013 $0.3320, $0.3300 and $0.3265. Major Resistance Levels \u2013 $0.3420, $0.3450 and $0.3500.<\/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-378866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher<\/title>\n<meta name=\"description\" content=\"Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with bitcoin. 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XRP is likely to extend gains towards the $0.3500 or $0.3520 level in the near term.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/\" \/>\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=\"2019-04-18T05:00:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:14:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp.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-xrp-price-analysis-bulls-aiming-0-3500\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher\",\"datePublished\":\"2019-04-18T05:00:54+00:00\",\"dateModified\":\"2024-06-11T13:14:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/\"},\"wordCount\":417,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp.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-xrp-price-analysis-bulls-aiming-0-3500\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/\",\"name\":\"Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-xrp-price-analysis-bulls-aiming-0-3500\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp.jpg?fit=1200%2C600\",\"datePublished\":\"2019-04-18T05:00:54+00:00\",\"dateModified\":\"2024-06-11T13:14:47+00:00\",\"description\":\"Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with bitcoin. 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XRP is likely to extend gains towards the $0.3500 or $0.3520 level in the near term.","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-xrp-price-analysis-bulls-aiming-0-3500\/","og_locale":"en_US","og_type":"article","og_title":"Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher","og_description":"Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with bitcoin. 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