{"id":405547,"date":"2019-11-27T04:28:57","date_gmt":"2019-11-27T04:28:57","guid":{"rendered":"https:\/\/wncen.com\/?p=405547"},"modified":"2024-06-11T13:34:32","modified_gmt":"2024-06-11T13:34:32","slug":"ripple-xrp-price-primed-for-gains-until-this-changes","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-price-primed-for-gains-until-this-changes\/","title":{"rendered":"Ripple (XRP) Price Primed For Gains Until This Changes"},"content":{"rendered":"<ul>\n<li>Ripple price is showing a lot of positive signs above the $0.2120 support against the US dollar.<\/li>\n<li>The price is likely to break the $0.2240 and $0.2270 resistance levels to continue higher.<\/li>\n<li>Yesterday\u2019s key bearish trend line was breached with resistance near $0.2175 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The price remains supported for more gains unless it drops back below the $0.2120 support area.<\/li>\n<\/ul>\n<p><em>Ripple price is likely to accelerate higher against the US Dollar and bitcoin. The main resistance for XRP is near $0.2350, above which it could turn bullish.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Yesterday, we saw a decent recovery in ripple from the $0.2000 support area against the US Dollar. XRP price rallied above the $0.2080 and $0.2120 resistance levels.<\/p>\n<p>Moreover, there was a break above the $0.2200 resistance area. However, the price struggled to clear the $0.2240 and $0.2250 resistance levels. A high was formed near $0.2245 and the price corrected gains.<\/p>\n<p>On the downside, the $0.2150 level acted as a strong support. The last swing low was near $0.2153 and the price climbed higher again. During the rise, yesterday\u2019s key bearish trend line was breached with resistance near $0.2175 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>It is now trading near the $0.2240 resistance and the 100 hourly simple moving average. An initial support is near the $0.2195 level. It coincides with the 50% Fib retracement level of the recent wave from the $0.2195 low to $0.2238 high.<\/p>\n<p>The first key support on the downside is near the $0.2175 level. It is also close to the 76.4% Fib retracement level of the recent wave from the $0.2195 low to $0.2238 high. The main supports are $0.2150 and $0.2120.<\/p>\n<p>If there is a downside break below $0.2120, ripple is likely to move back into a bearish zone. The next key support is seen near the $0.2020 and $0.2000 levels.<\/p>\n<p>Conversely, the price could surge above the $0.2250 resistance area. The next key resistance is near the $0.2270 level, above which the price could accelerate gains towards the $0.2350 resistance area.<\/p>\n<p>To move into an uptrend, the price must settle above the $0.2350 resistance area. If not, it is likely to resume its downtrend below the $0.2120 support area.<\/p>\n<figure id=\"attachment_405548\" aria-describedby=\"caption-attachment-405548\" style=\"width: 1828px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-405548\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?resize=1828%2C868\" alt=\"Ripple Price \" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/Ripple-Price-18.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-405548\" class=\"wp-caption-text\">Ripple Price<\/figcaption><\/figure>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, ripple price is showing a few positive signs above the $0.2150 support. The current price action suggests high chances of a rally above the $0.2250 resistance.<\/p>\n<h3>Technical Indicators<\/h3>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently correcting lower towards the 55 level.<\/p>\n<p>Major Support Levels \u2013 $0.2170, $0.2150 and $0.2120.<\/p>\n<p>Major Resistance Levels \u2013 $0.2250, $0.2270 and $0.2350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price is showing a lot of positive signs above the $0.2120 support against the US dollar. The price is likely to break the $0.2240 and $0.2270 resistance levels to continue higher. Yesterday\u2019s key bearish trend line was breached with resistance near $0.2175 on the hourly chart of the XRP\/USD pair (data source from Kraken). The price remains supported for more gains unless it drops back below the $0.2120 support area. Ripple price is likely to accelerate higher against the US Dollar and bitcoin. The main resistance for XRP is near $0.2350, above which it could turn bullish. Ripple Price Analysis Yesterday, we saw a decent recovery in ripple from the $0.2000 support area against the US Dollar. XRP price rallied above the $0.2080 and $0.2120 resistance levels. Moreover, there was a break above the $0.2200 resistance area. However, the price struggled to clear the $0.2240 and $0.2250 resistance levels. A high was formed near $0.2245 and the price corrected gains. On the downside, the $0.2150 level acted as a strong support. The last swing low was near $0.2153 and the price climbed higher again. During the rise, yesterday\u2019s key bearish trend line was breached with resistance near $0.2175 on the hourly chart of the XRP\/USD pair. It is now trading near the $0.2240 resistance and the 100 hourly simple moving average. An initial support is near the $0.2195 level. It coincides with the 50% Fib retracement level of the recent wave from the $0.2195 low to $0.2238 high. The first key support on the downside is near the $0.2175 level. It is also close to the 76.4% Fib retracement level of the recent wave from the $0.2195 low to $0.2238 high. The main supports are $0.2150 and $0.2120. If there is a downside break below $0.2120, ripple is likely to move back into a bearish zone. The next key support is seen near the $0.2020 and $0.2000 levels. Conversely, the price could surge above the $0.2250 resistance area. The next key resistance is near the $0.2270 level, above which the price could accelerate gains towards the $0.2350 resistance area. To move into an uptrend, the price must settle above the $0.2350 resistance area. If not, it is likely to resume its downtrend below the $0.2120 support area. Looking at the chart, ripple price is showing a few positive signs above the $0.2150 support. The current price action suggests high chances of a rally above the $0.2250 resistance. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently correcting lower towards the 55 level. Major Support Levels \u2013 $0.2170, $0.2150 and $0.2120. Major Resistance Levels \u2013 $0.2250, $0.2270 and $0.2350.<\/p>\n","protected":false},"author":67,"featured_media":166329,"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-405547","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 Primed For Gains Until This Changes<\/title>\n<meta name=\"description\" content=\"Ripple price is likely to accelerate higher against the US Dollar and bitcoin. 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The main resistance for XRP is near $0.2350, above which it could turn bullish.","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-primed-for-gains-until-this-changes\/","og_locale":"en_US","og_type":"article","og_title":"Ripple (XRP) Price Primed For Gains Until This Changes","og_description":"Ripple price is likely to accelerate higher against the US Dollar and bitcoin. 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