{"id":381409,"date":"2019-05-09T04:08:30","date_gmt":"2019-05-09T04:08:30","guid":{"rendered":"https:\/\/wncen.com\/?p=381409"},"modified":"2024-06-11T13:15:05","modified_gmt":"2024-06-11T13:15:05","slug":"ripple-xrp-price-break-higher-btc-eth-surging","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-price-break-higher-btc-eth-surging\/","title":{"rendered":"Ripple (XRP) Price Poised To Break Higher: BTC, ETH Surging"},"content":{"rendered":"<ul>\n<li>Ripple price formed a decent support near the $0.2915 level and climbed higher against the US dollar.<\/li>\n<li>The price broke the $0.2950 resistance and it looks set to gain bullish momentum in the near term.<\/li>\n<li>Yesterday\u2019s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start a strong upward move if it breaks the $0.3000 and $0.3020 resistance levels.<\/li>\n<\/ul>\n<p><em>Ripple price is slowly recovering higher against the US Dollar, while <a href=\"https:\/\/wncen.com\/2019\/05\/08\/bitcoin-btc-price-strong-buy-binance-hack\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a> and <a href=\"https:\/\/wncen.com\/2019\/05\/09\/ethereum-eth-price-gaining-momentum-bitcoin-fresh-high\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a> gain traction. XRP is likely to accelerate once it clears the key $0.3000 resistance level in the near term.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, there was a downside extension in ripple price below the $0.3000 support against the US Dollar. The XRP\/USD pair even broke the $0.2950 support level and traded as low as $0.2912. There was a close below the $0.2950 level and the 100 hourly simple moving average. However, the price found support near $0.2910 and $0.2920. Besides, the recent rise in <a href=\"https:\/\/wncen.com\/2019\/05\/08\/crypto-market-support-bitcoin-cash-bnb-eos-tron-analysis\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a> price helped altcoins in staging a decent comeback.<\/p>\n<p>XRP price recovered above the $0.2950 resistance, and the 23.6% Fib retracement level of the last slide from the $0.3064 high to $0.2912 low. It even climbed above the $0.2980 level and the 100 hourly SMA. At the moment, yesterday\u2019s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the XRP\/USD pair. The 50% Fib retracement level of the <a href=\"https:\/\/wncen.com\/2019\/05\/08\/ripple-xrp-price-prediction-breakout-or-further-decline\/\" target=\"_blank\" rel=\"noopener noreferrer \">last slide<\/a> from the $0.3064 high to $0.2912 low is also acting as a resistance. Once there is a proper break above the $0.2988 and $0.3000 resistances, there could be more gains. The next key resistance is at $0.3020, above which the price could retest the $0.3050 resistance.<\/p>\n<p>On the other hand, if there is no upside break above $0.3000, the price might drop back towards $0.2950. If the bulls fail to defend the $0.2950 support, there could be a sharp drop back towards the $0.2910 level. Any further losses could accelerate declines below the $0.2900 support level.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-381410\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Ripple-Price-6.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 likely to break the trend line and $0.3000 in the near term. The current price action is positive and signaling an upside break above $0.3020. Having said that, there might be a couple of swing moves before the price climbs towards the $0.3050 level.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is slowly gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD recently tested the 60 level and it is currently correcting lower.<\/p>\n<p>Major Support Levels \u2013 $0.2950, $0.2920 and $0.2900.<\/p>\n<p>Major Resistance Levels \u2013 $0.2988, $0.3000 and $0.3020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price formed a decent support near the $0.2915 level and climbed higher against the US dollar. The price broke the $0.2950 resistance and it looks set to gain bullish momentum in the near term. Yesterday\u2019s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could start a strong upward move if it breaks the $0.3000 and $0.3020 resistance levels. Ripple price is slowly recovering higher against the US Dollar, while bitcoin and Ethereum gain traction. XRP is likely to accelerate once it clears the key $0.3000 resistance level in the near term. Ripple Price Analysis Yesterday, there was a downside extension in ripple price below the $0.3000 support against the US Dollar. The XRP\/USD pair even broke the $0.2950 support level and traded as low as $0.2912. There was a close below the $0.2950 level and the 100 hourly simple moving average. However, the price found support near $0.2910 and $0.2920. Besides, the recent rise in bitcoin price helped altcoins in staging a decent comeback. XRP price recovered above the $0.2950 resistance, and the 23.6% Fib retracement level of the last slide from the $0.3064 high to $0.2912 low. It even climbed above the $0.2980 level and the 100 hourly SMA. At the moment, yesterday\u2019s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the XRP\/USD pair. The 50% Fib retracement level of the last slide from the $0.3064 high to $0.2912 low is also acting as a resistance. Once there is a proper break above the $0.2988 and $0.3000 resistances, there could be more gains. The next key resistance is at $0.3020, above which the price could retest the $0.3050 resistance. On the other hand, if there is no upside break above $0.3000, the price might drop back towards $0.2950. If the bulls fail to defend the $0.2950 support, there could be a sharp drop back towards the $0.2910 level. Any further losses could accelerate declines below the $0.2900 support level. Looking at the chart, ripple price is likely to break the trend line and $0.3000 in the near term. The current price action is positive and signaling an upside break above $0.3020. Having said that, there might be a couple of swing moves before the price climbs towards the $0.3050 level. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is slowly gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD recently tested the 60 level and it is currently correcting lower. Major Support Levels \u2013 $0.2950, $0.2920 and $0.2900. Major Resistance Levels \u2013 $0.2988, $0.3000 and $0.3020.<\/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-381409","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 Poised To Break Higher: BTC, ETH Surging<\/title>\n<meta name=\"description\" content=\"Ripple price is slowly recovering higher against the US Dollar, while bitcoin and Ethereum gain traction. 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XRP is likely to accelerate once it clears the key $0.3000 resistance 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-break-higher-btc-eth-surging\/","og_locale":"en_US","og_type":"article","og_title":"Ripple (XRP) Price Poised To Break Higher: BTC, ETH Surging","og_description":"Ripple price is slowly recovering higher against the US Dollar, while bitcoin and Ethereum gain traction. 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