{"id":390246,"date":"2019-07-18T04:08:01","date_gmt":"2019-07-18T04:08:01","guid":{"rendered":"https:\/\/wncen.com\/?p=390246"},"modified":"2024-06-11T13:14:19","modified_gmt":"2024-06-11T13:14:19","slug":"ripple-price-xrp-signaling-fresh-increase-while-bitcoin-still-below-10k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-price-xrp-signaling-fresh-increase-while-bitcoin-still-below-10k\/","title":{"rendered":"Ripple Price (XRP) Signaling Fresh Increase While Bitcoin Still Below $10K"},"content":{"rendered":"<ul>\n<li>Ripple price found support near the $0.2830 level and recovered recently against the US dollar.<\/li>\n<li>The price traded above the $0.2940 resistance and the $0.3000 pivot level.<\/li>\n<li>This week\u2019s followed bearish trend line was breached with resistance near $0.3040 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The price is now trading with a few positive signs above the $0.3050 support area.<\/li>\n<\/ul>\n<p><em>Ripple price is currently trading with a bullish angle against the US Dollar and <a href=\"https:\/\/wncen.com\/2019\/07\/17\/bitcoin-price-btc-tumbles-15-8880-bearish-target-in-sight\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a>. XRP price could extend its recovery if there is an upside break above the $0.3230 resistance area.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, we saw a strong drop in bitcoin and <a href=\"https:\/\/wncen.com\/2019\/07\/18\/ethereum-price-eth-correcting-losses-225-presents-key-resistance\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a>, but dips were limited in ripple price against the US Dollar. The XRP\/USD pair broke the $0.2940 support level and traded to a new monthly low. A swing low was formed near $0.2833 and recently the price started an upside correction. There was a break above the $0.2940 and $0.3000 resistance levels to start a recovery.<\/p>\n<p>Moreover, this week\u2019s followed bearish trend line was breached with resistance near $0.3040 on the hourly chart of the XRP\/USD pair. It opened the doors for more gains above the $0.3150 resistance. However, the upward move is facing hurdles near the $0.0.3230 and $0.3240 resistance levels. As a result, the price corrected gains below $0.3150 and the 100 hourly simple moving average. Besides, there was a break below the 23.6% Fib retracement level of the recent wave from the $0.2833 low to $0.3248 high.<\/p>\n<p>However, there are many supports on the downside near the $0.3050 and $0.3040 levels. The 50% Fib retracement level of the recent wave from the $0.2833 low to $0.3248 high is also near the $0.3040 level. There is also a connecting bullish trend line forming with support at $0.3045 on the same chart.<\/p>\n<p>Therefore, the price is likely to find bids near the $0.3040 or $0.3050 level. Below the trend line and $0.3040, the price may perhaps test the $0.3000 pivot level. On the upside, the main resistance is near the $0.3230 and $0.3240 levels. If there is a convincing break above $0.3240, the price could accelerate gains in the near term.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-390247\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?resize=1828%2C868\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/Ripple-Price-13.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, ripple price remains well bid above the $0.3040 level. As long as there is no close below $0.3000, the price is likely to continue higher. A clear break above $0.3240 might push the price to $0.3450.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is likely to gain strength in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently above the 50 level, with a bullish angle.<\/p>\n<p>Major Support Levels \u2013 $0.3050, $0.3040 and $0.3000.<\/p>\n<p>Major Resistance Levels \u2013 $0.3230, $0.3240 and $0.3320.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price found support near the $0.2830 level and recovered recently against the US dollar. The price traded above the $0.2940 resistance and the $0.3000 pivot level. This week\u2019s followed bearish trend line was breached with resistance near $0.3040 on the hourly chart of the XRP\/USD pair (data source from Kraken). The price is now trading with a few positive signs above the $0.3050 support area. Ripple price is currently trading with a bullish angle against the US Dollar and bitcoin. XRP price could extend its recovery if there is an upside break above the $0.3230 resistance area. Ripple Price Analysis Yesterday, we saw a strong drop in bitcoin and Ethereum, but dips were limited in ripple price against the US Dollar. The XRP\/USD pair broke the $0.2940 support level and traded to a new monthly low. A swing low was formed near $0.2833 and recently the price started an upside correction. There was a break above the $0.2940 and $0.3000 resistance levels to start a recovery. Moreover, this week\u2019s followed bearish trend line was breached with resistance near $0.3040 on the hourly chart of the XRP\/USD pair. It opened the doors for more gains above the $0.3150 resistance. However, the upward move is facing hurdles near the $0.0.3230 and $0.3240 resistance levels. As a result, the price corrected gains below $0.3150 and the 100 hourly simple moving average. Besides, there was a break below the 23.6% Fib retracement level of the recent wave from the $0.2833 low to $0.3248 high. However, there are many supports on the downside near the $0.3050 and $0.3040 levels. The 50% Fib retracement level of the recent wave from the $0.2833 low to $0.3248 high is also near the $0.3040 level. There is also a connecting bullish trend line forming with support at $0.3045 on the same chart. Therefore, the price is likely to find bids near the $0.3040 or $0.3050 level. Below the trend line and $0.3040, the price may perhaps test the $0.3000 pivot level. On the upside, the main resistance is near the $0.3230 and $0.3240 levels. If there is a convincing break above $0.3240, the price could accelerate gains in the near term. Looking at the chart, ripple price remains well bid above the $0.3040 level. As long as there is no close below $0.3000, the price is likely to continue higher. A clear break above $0.3240 might push the price to $0.3450. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is likely to gain strength in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently above the 50 level, with a bullish angle. Major Support Levels \u2013 $0.3050, $0.3040 and $0.3000. Major Resistance Levels \u2013 $0.3230, $0.3240 and $0.3320.<\/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-390246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple Price (XRP) Signaling Fresh Increase While Bitcoin Still Below $10K<\/title>\n<meta name=\"description\" content=\"Ripple price is currently trading with a bullish angle against the US Dollar and bitcoin. 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