{"id":393617,"date":"2019-08-20T04:08:45","date_gmt":"2019-08-20T04:08:45","guid":{"rendered":"https:\/\/wncen.com\/?p=393617"},"modified":"2024-06-11T13:14:08","modified_gmt":"2024-06-11T13:14:08","slug":"ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/","title":{"rendered":"Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies"},"content":{"rendered":"<ul>\n<li>Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar.<\/li>\n<li>Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels.<\/li>\n<li>Yesterday\u2019s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could decline a few points, but it remains supported above $0.2700.<\/li>\n<\/ul>\n<p><em>Ripple price is currently correcting gains from $0.2920 against the US Dollar, while <a href=\"https:\/\/wncen.com\/2019\/08\/19\/bitcoin-btc-price-could-accelerate-if-it-breaks-10600\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a> jumped above $10,800. XRP price is likely to climb sharply if it clears the $0.2920 resistance.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, we saw a decent recovery in XRP price above the $0.2700 resistance against the US Dollar. The XRP\/USD pair even climbed above the $0.2800 resistance and settled above the 100 hourly simple moving average. It opened the doors for more gains above the $0.2850 level. More importantly, there were decent gains in other altcoins, including <a href=\"https:\/\/wncen.com\/2019\/08\/20\/ethereum-price-eth-trading-near-make-or-break-levels\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a>, <a href=\"https:\/\/wncen.com\/2019\/08\/19\/crypto-market-and-bitcoin-approaching-resistance-bch-eos-trx-ada-analysis\/\" target=\"_blank\" rel=\"noopener noreferrer \">EOS<\/a> and litecoin.<\/p>\n<p>However, ripple price faced a strong resistance near the $0.2900 and $0.2920 levels. A swing high was formed near $0.2918 and the price recently started a downside correction. It broke the $0.2850 support plus the 23.6% Fib retracement level of the recovery from the $0.2618 low to $0.2918 high. Finally, the price found support near the $0.2750 and $0.2760 levels.<\/p>\n<p>Additionally, the price found support near the 50% Fib retracement level of the recovery from the $0.2618 low to $0.2918 high. More importantly, yesterday\u2019s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP\/USD pair. The 100 hourly SMA is also following the trend line and is currently near $0.2720. Therefore, dips towards the $0.2750 and $0.2720 levels remain attractive to the bulls.<\/p>\n<p>On the upside, the main resistances are near $0.2900 and $0.2920. An immediate resistance is near $0.2880 and a connecting bearish trend line on the same chart. A convincing close above the $0.2920 level might start another upward move towards the $0.3000 and $0.3050 levels. An intermediate resistance is near the $0.3020 level.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-393618\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/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\/08\/Ripple-Price-12.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=130 130w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=104 104w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=83 83w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Ripple-Price-12.png?w=1140 1140w\" sizes=\"auto, (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 is currently trading nicely above the $0.2750 and $0.2720 support levels. Therefore, there are chances of a fresh increase above the $0.2880 and $0.2920 resistance levels. Conversely, a successful hourly close below the $0.2700 support might negate the current bullish view in the coming sessions. The next key support is near the $0.2550 level.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is about to move back into the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently just below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.2750, $0.2720 and $0.2700.<\/p>\n<p>Major Resistance Levels \u2013 $0.2900, $0.2920 and $0.3000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar. Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels. Yesterday\u2019s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could decline a few points, but it remains supported above $0.2700. Ripple price is currently correcting gains from $0.2920 against the US Dollar, while bitcoin jumped above $10,800. XRP price is likely to climb sharply if it clears the $0.2920 resistance. Ripple Price Analysis Yesterday, we saw a decent recovery in XRP price above the $0.2700 resistance against the US Dollar. The XRP\/USD pair even climbed above the $0.2800 resistance and settled above the 100 hourly simple moving average. It opened the doors for more gains above the $0.2850 level. More importantly, there were decent gains in other altcoins, including Ethereum, EOS and litecoin. However, ripple price faced a strong resistance near the $0.2900 and $0.2920 levels. A swing high was formed near $0.2918 and the price recently started a downside correction. It broke the $0.2850 support plus the 23.6% Fib retracement level of the recovery from the $0.2618 low to $0.2918 high. Finally, the price found support near the $0.2750 and $0.2760 levels. Additionally, the price found support near the 50% Fib retracement level of the recovery from the $0.2618 low to $0.2918 high. More importantly, yesterday\u2019s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP\/USD pair. The 100 hourly SMA is also following the trend line and is currently near $0.2720. Therefore, dips towards the $0.2750 and $0.2720 levels remain attractive to the bulls. On the upside, the main resistances are near $0.2900 and $0.2920. An immediate resistance is near $0.2880 and a connecting bearish trend line on the same chart. A convincing close above the $0.2920 level might start another upward move towards the $0.3000 and $0.3050 levels. An intermediate resistance is near the $0.3020 level. Looking at the chart, ripple price is currently trading nicely above the $0.2750 and $0.2720 support levels. Therefore, there are chances of a fresh increase above the $0.2880 and $0.2920 resistance levels. Conversely, a successful hourly close below the $0.2700 support might negate the current bullish view in the coming sessions. The next key support is near the $0.2550 level. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is about to move back into the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently just below the 50 level. Major Support Levels \u2013 $0.2750, $0.2720 and $0.2700. Major Resistance Levels \u2013 $0.2900, $0.2920 and $0.3000.<\/p>\n","protected":false},"author":67,"featured_media":168683,"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-393617","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) Eyes Fresh Increase While Bitcoin Rallies<\/title>\n<meta name=\"description\" content=\"Ripple price is currently correcting gains from $0.2920 against the US Dollar, while bitcoin jumped above $10,800. 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XRP price is likely to climb sharply if it clears the $0.2920 resistance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/\" \/>\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=\"2019-08-20T04:08:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:14:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/02\/Ripple_Price_XRP_USD_Analysis3.jpg?fit=1200%2C741\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"741\" \/>\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-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies\",\"datePublished\":\"2019-08-20T04:08:45+00:00\",\"dateModified\":\"2024-06-11T13:14:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/\"},\"wordCount\":415,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/02\/Ripple_Price_XRP_USD_Analysis3.jpg?fit=1200%2C741\",\"keywords\":[\"Ripple\",\"xrp\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/\",\"name\":\"Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-price-xrp-eyes-fresh-increase-while-bitcoin-rallies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/02\/Ripple_Price_XRP_USD_Analysis3.jpg?fit=1200%2C741\",\"datePublished\":\"2019-08-20T04:08:45+00:00\",\"dateModified\":\"2024-06-11T13:14:08+00:00\",\"description\":\"Ripple price is currently correcting gains from $0.2920 against the US Dollar, while bitcoin jumped above $10,800. 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XRP price is likely to climb sharply if it clears the $0.2920 resistance.","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-xrp-eyes-fresh-increase-while-bitcoin-rallies\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies","og_description":"Ripple price is currently correcting gains from $0.2920 against the US Dollar, while bitcoin jumped above $10,800. 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