Ripple (XRP) Price Holds Strong at $0.30: A Strengthening Case for Upside<\/title>\n<meta name=\"description\" content=\"Ripple is trading in a positive zone above the $0.2920 support. XRP price is likely to continue higher if it clears the $0.3055 resistance zone.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ripple-xrp-price-holds-strong-at-0-30\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple (XRP) Price Holds Strong at $0.30: A Strengthening Case for Upside\" \/>\n<meta property=\"og:description\" content=\"Ripple is trading in a positive zone above the $0.2920 support. 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{"id":435183,"date":"2020-08-17T05:48:03","date_gmt":"2020-08-17T05:48:03","guid":{"rendered":"https:\/\/wncen.com\/?p=435183"},"modified":"2024-06-11T14:15:12","modified_gmt":"2024-06-11T14:15:12","slug":"ripple-xrp-price-holds-strong-at-0-30","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-price-holds-strong-at-0-30\/","title":{"rendered":"Ripple (XRP) Price Holds Strong at $0.30: A Strengthening Case for Upside"},"content":{"rendered":"

Ripple is trading in a positive zone above the $0.2920 support zone against the US Dollar. XRP price is likely to continue higher if it clears the $0.3055 resistance zone.<\/em><\/p>\n

\n
Ripple gained bullish momentum and settled above the $0.2920 pivot against the US dollar.<\/li>\n
The price is currently struggling to clear $0.3055, but it is well above the 100 hourly SMA.<\/li>\n
There is a key bullish trend line forming with support near $0.2960 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could start a strong increase once it clears the main $0.3055 resistance zone.<\/li>\n<\/ul>\n
Ripple Price Holding Key Support<\/h2>\n
After forming a support base<\/a> near the $0.2750 level, ripple started a fresh upward move. XRP price broke the $0.2850 and $0.2920 resistance levels to move into a positive zone.<\/p>\n
The price even climbed above the $0.3000 level and settled well above the 100 hourly simple moving average. However, the bulls seem to be facing an uphill task near the $0.3055 and $0.3060 level.<\/p>\n
The recent high was formed near $0.3074 and the price is currently consolidating gains. It declined below the 23.6% Fib retracement level of the upward move from the $0.2299 low to $0.3074 swing high. It seems like the price is holding a couple of important supports near $0.2950 and $0.2920.<\/p>\n
$\"Ripple$ <\/a><\/p>\n
Ripple price above $0.2950. Source: TradingView.com<\/a><\/pre>\n
There is also a key bullish trend line forming with support near $0.2960 on the hourly chart of the XRP\/USD pair. Below the trend line, the 100 hourly SMA is near the $0.2950. The main support is now forming near the $0.2920 level.<\/p>\n
On the upside, ripple supporters are facing a major resistance near $0.3055. A successful close above $0.3055 and $0.3060 could open the doors for a strong rise<\/a> in the coming sessions.<\/p>\n
Downside Break in XRP?<\/h2>\n
There is a crucial support base forming near the $0.2920 level. If ripple fails to stay above $0.2920, it could test the 50% Fib retracement level of the upward move from the $0.2299 low to $0.3074 swing high.<\/p>\n
Any further losses may perhaps spark a downside break and the price might decline towards the $0.2850 and $0.2810 support levels.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is slowly moving in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently just above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.2960, $0.2950 and $0.2920.<\/p>\n
Major Resistance Levels \u2013 $0.3020, $0.3055 and $0.3120.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple is trading in a positive zone above the $0.2920 support zone against the US Dollar. XRP price is likely to continue higher if it clears the $0.3055 resistance zone. Ripple gained bullish momentum and settled above the $0.2920 pivot against the US dollar. The price is currently struggling to clear $0.3055, but it is well above the 100 hourly SMA. There is a key bullish trend line forming with support near $0.2960 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could start a strong increase once it clears the main $0.3055 resistance zone. Ripple Price Holding Key Support After forming a support base near the $0.2750 level, ripple started a fresh upward move. XRP price broke the $0.2850 and $0.2920 resistance levels to move into a positive zone. The price even climbed above the $0.3000 level and settled well above the 100 hourly simple moving average. However, the bulls seem to be facing an uphill task near the $0.3055 and $0.3060 level. The recent high was formed near $0.3074 and the price is currently consolidating gains. It declined below the 23.6% Fib retracement level of the upward move from the $0.2299 low to $0.3074 swing high. It seems like the price is holding a couple of important supports near $0.2950 and $0.2920. Ripple price above $0.2950. Source: TradingView.com There is also a key bullish trend line forming with support near $0.2960 on the hourly chart of the XRP\/USD pair. Below the trend line, the 100 hourly SMA is near the $0.2950. The main support is now forming near the $0.2920 level. On the upside, ripple supporters are facing a major resistance near $0.3055. A successful close above $0.3055 and $0.3060 could open the doors for a strong rise in the coming sessions. Downside Break in XRP? There is a crucial support base forming near the $0.2920 level. If ripple fails to stay above $0.2920, it could test the 50% Fib retracement level of the upward move from the $0.2299 low to $0.3074 swing high. Any further losses may perhaps spark a downside break and the price might decline towards the $0.2850 and $0.2810 support levels. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is slowly moving in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently just above the 50 level. Major Support Levels \u2013 $0.2960, $0.2950 and $0.2920. Major Resistance Levels \u2013 $0.3020, $0.3055 and $0.3120.<\/p>\n","protected":false},"author":67,"featured_media":435185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,4],"tags":[3680,4531,10972,78763],"class_list":["post-435183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-analysis","tag-ripple","tag-xrp","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nRipple (XRP) Price Holds Strong at $0.30: A Strengthening Case for Upside<\/title>\n<meta name=\"description\" content=\"Ripple is trading in a positive zone above the $0.2920 support. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ripple (XRP) Price Holds Strong at $0.30: A Strengthening Case for Upside","url":"http:\/\/wncen.com\/news\/ripple-xrp-price-holds-strong-at-0-30\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple-xrp-price-holds-strong-at-0-30\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/08\/shutterstock_1417319351.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/08\/shutterstock_1417319351.jpg?fit=1000%2C668"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","xrp","xrpusd","xrpusdt"],"dateCreated":"2020-08-17T05:48:03Z","datePublished":"2020-08-17T05:48:03Z","dateModified":"2024-06-11T14:15:12Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple (XRP) Price Holds Strong at $0.30: A Strengthening Case for Upside\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-xrp-price-holds-strong-at-0-30\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-xrp-price-holds-strong-at-0-30\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/shutterstock_1417319351.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/shutterstock_1417319351.jpg?fit=1000%2C668\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"xrp\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2020-08-17T05:48:03Z\",\"datePublished\":\"2020-08-17T05:48:03Z\",\"dateModified\":\"2024-06-11T14:15:12Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/08\/shutterstock_1417319351.jpg?fit=1000%2C668","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/435183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=435183"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/435183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/435185"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=435183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=435183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=435183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}