{"id":575232,"date":"2024-02-15T16:00:26","date_gmt":"2024-02-15T16:00:26","guid":{"rendered":"https:\/\/wncen.com\/?p=575232"},"modified":"2024-06-11T08:32:57","modified_gmt":"2024-06-11T08:32:57","slug":"xrp-price-alert-breakout-could-confirm-today","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/","title":{"rendered":"XRP Price Alert: Breakout Could Confirm Today"},"content":{"rendered":"

The XRP price has been in a downtrend since mid-November 2023. However, the XRP bulls seem to be taking control again if the following happens. An analysis of the 1-day chart of XRP\/USD reveals that a potential price breakout is imminent.<\/p>\n

As of February 15, 2024, the price indicates an uptick in bullish momentum, with the pair currently trading at $0.55335, marking a 4.1% increase in the last 24 hours. A closer inspection reveals that XRP is challenging two critical resistance levels.<\/p>\n

XRP Price Needs To Break These Levels<\/h2>\n

First, the Fibonacci retracement levels, drawn from the swing high at approximately $0.74854 to the swing low at $0.43085, show that the XRP price is currently facing the 0.618 level at $0.55221, which is a notable level for traders<\/a> as it often acts as a pivot in market sentiment. XRP\u2019s push through this level could indicate a shift towards a bullish outlook.<\/p>\n

Related Reading: Binance Stirs The Waters With A 200 Million XRP Transfer \u2013 What\u2019s The Plan?<\/a><\/div>\n

Second, the 1-day chart also features a descending channel pattern, which began forming in early-December 2023. The upper boundary of this channel has been tested multiple times, and the current price action is once again approaching this boundary. A definitive breakout above this descending channel could signal a trend reversal.<\/p>\n

\"XRP
XRP price on the cusp of a breakout, 1-day chart | Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n

For this to happen, the XRP price needs to break above the $0.55 mark, which coincides with the 0.618 Fibonacci level.\u00a0Adding to the bullish narrative, the Exponential Moving Averages (EMAs) show a potential bullish crossover in progress. The EMA 20 (red line) at $0.52865 is trending upwards, suggesting short-term momentum is gaining.<\/p>\n

The EMA 50 (orange line) and EMA 100 (green line) are positioned at $0.54761 and $0.56331 respectively, with the EMA 200 (blue line) at $0.55985, serving as a long-term momentum indicator. A break above this cluster of EMAs, especially the 200-day EMA aka \u201cbull line” could add to the bullish arguments<\/a>.<\/p>\n

Related Reading: XRP Price Could Surge from New Acquisition, Amid Community Skepticism<\/a><\/div>\n

Notably, volume levels have been moderate, and the Volume Oscillator does not show any abnormal spikes, indicating that the current price increase is not yet backed by significant trading volume. This could suggest that the breakout, if it occurs, may need to be confirmed with higher volume to sustain the move.<\/p>\n

The Relative Strength Index (RSI) is at 59.62, which is below the overbought threshold of 70, indicating that there is still room for upward movement before the asset is considered overbought.<\/p>\n

Breakout Confirmation Today?<\/h2>\n

Overall, traders need to keep a close eye on whether the XRP price can sustain its movement<\/a> above the $0.55 to $0.56 range. If this is accompanied by an increase in volume, it could confirm the breakout from the descending channel and possibly lead to a new uptrend.<\/p>\n

Given the current technical setup, today’s trading session is crucial for determining the short-term direction of XRP. If XRP closes above the 0.618 Fib, descending channel as well as 200-day EMA, the bulls could finally be back.<\/p>\n

Featured image created with DALL\u00b7E, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The XRP price has been in a downtrend since mid-November 2023. However, the XRP bulls seem to be taking control again if the following happens. An analysis of the 1-day chart of XRP\/USD reveals that a potential price breakout is imminent. As of February 15, 2024, the price indicates an uptick in bullish momentum, with the pair currently trading at $0.55335, marking a 4.1% increase in the last 24 hours. A closer inspection reveals that XRP is challenging two critical resistance levels. XRP Price Needs To Break These Levels First, the Fibonacci retracement levels, drawn from the swing high at approximately $0.74854 to the swing low at $0.43085, show that the XRP price is currently facing the 0.618 level at $0.55221, which is a notable level for traders as it often acts as a pivot in market sentiment. XRP\u2019s push through this level could indicate a shift towards a bullish outlook. Related Reading: Binance Stirs The Waters With A 200 Million XRP Transfer \u2013 What\u2019s The Plan? Second, the 1-day chart also features a descending channel pattern, which began forming in early-December 2023. The upper boundary of this channel has been tested multiple times, and the current price action is once again approaching this boundary. A definitive breakout above this descending channel could signal a trend reversal. For this to happen, the XRP price needs to break above the $0.55 mark, which coincides with the 0.618 Fibonacci level.\u00a0Adding to the bullish narrative, the Exponential Moving Averages (EMAs) show a potential bullish crossover in progress. The EMA 20 (red line) at $0.52865 is trending upwards, suggesting short-term momentum is gaining. The EMA 50 (orange line) and EMA 100 (green line) are positioned at $0.54761 and $0.56331 respectively, with the EMA 200 (blue line) at $0.55985, serving as a long-term momentum indicator. A break above this cluster of EMAs, especially the 200-day EMA aka \u201cbull line” could add to the bullish arguments. Related Reading: XRP Price Could Surge from New Acquisition, Amid Community Skepticism Notably, volume levels have been moderate, and the Volume Oscillator does not show any abnormal spikes, indicating that the current price increase is not yet backed by significant trading volume. This could suggest that the breakout, if it occurs, may need to be confirmed with higher volume to sustain the move. The Relative Strength Index (RSI) is at 59.62, which is below the overbought threshold of 70, indicating that there is still room for upward movement before the asset is considered overbought. Breakout Confirmation Today? Overall, traders need to keep a close eye on whether the XRP price can sustain its movement above the $0.55 to $0.56 range. If this is accompanied by an increase in volume, it could confirm the breakout from the descending channel and possibly lead to a new uptrend. Given the current technical setup, today’s trading session is crucial for determining the short-term direction of XRP. If XRP closes above the 0.618 Fib, descending channel as well as 200-day EMA, the bulls could finally be back. Featured image created with DALL\u00b7E, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":575242,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[4531,83637,13172,16289,10972],"class_list":["post-575232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd"],"acf":[],"yoast_head":"\nXRP Price Alert: Breakout Could Confirm Today<\/title>\n<meta name=\"description\" content=\"Today's trading session is crucial for determining the short-term direction of XRP price. Here's why!\" \/>\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-alert-breakout-could-confirm-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Alert: Breakout Could Confirm Today\" \/>\n<meta property=\"og:description\" content=\"Today's trading session is crucial for determining the short-term direction of XRP price. Here's why!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/\" \/>\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=\"2024-02-15T16:00:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:32:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"XRP Price Alert: Breakout Could Confirm Today\",\"datePublished\":\"2024-02-15T16:00:26+00:00\",\"dateModified\":\"2024-06-11T08:32:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/\"},\"wordCount\":518,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024\",\"keywords\":[\"xrp\",\"xrp news\",\"XRP Price\",\"XRP Price Prediction\",\"XRPUSD\"],\"articleSection\":[\"Ripple\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/\",\"name\":\"XRP Price Alert: Breakout Could Confirm Today\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024\",\"datePublished\":\"2024-02-15T16:00:26+00:00\",\"dateModified\":\"2024-06-11T08:32:57+00:00\",\"description\":\"Today's trading session is crucial for determining the short-term direction of XRP price. Here's why!\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"XRP price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"XRP Price Alert: Breakout Could Confirm Today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/wncen.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"XRP Price Alert: Breakout Could Confirm Today","description":"Today's trading session is crucial for determining the short-term direction of XRP price. Here's why!","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-alert-breakout-could-confirm-today\/","og_locale":"en_US","og_type":"article","og_title":"XRP Price Alert: Breakout Could Confirm Today","og_description":"Today's trading session is crucial for determining the short-term direction of XRP price. Here's why!","og_url":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-15T16:00:26+00:00","article_modified_time":"2024-06-11T08:32:57+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Jake Simmons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"XRP Price Alert: Breakout Could Confirm Today","datePublished":"2024-02-15T16:00:26+00:00","dateModified":"2024-06-11T08:32:57+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/"},"wordCount":518,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024","keywords":["xrp","xrp news","XRP Price","XRP Price Prediction","XRPUSD"],"articleSection":["Ripple"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/","url":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/","name":"XRP Price Alert: Breakout Could Confirm Today","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024","datePublished":"2024-02-15T16:00:26+00:00","dateModified":"2024-06-11T08:32:57+00:00","description":"Today's trading session is crucial for determining the short-term direction of XRP price. Here's why!","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024","width":1792,"height":1024,"caption":"XRP price"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"XRP Price Alert: Breakout Could Confirm Today"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/wncen.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Alert: Breakout Could Confirm Today","url":"http:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/xrp-price-alert-breakout-could-confirm-today\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["xrp","xrp news","xrp price","xrp price prediction","xrpusd"],"dateCreated":"2024-02-15T16:00:26Z","datePublished":"2024-02-15T16:00:26Z","dateModified":"2024-06-11T08:32:57Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Alert: Breakout Could Confirm Today\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-alert-breakout-could-confirm-today\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-alert-breakout-could-confirm-today\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/DALL\\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/DALL\\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"xrp\",\"xrp news\",\"xrp price\",\"xrp price prediction\",\"xrpusd\"],\"dateCreated\":\"2024-02-15T16:00:26Z\",\"datePublished\":\"2024-02-15T16:00:26Z\",\"dateModified\":\"2024-06-11T08:32:57Z\"}<\/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\/2024\/02\/DALL\u00b7E-2024-02-15-11.56.06-Create-a-wide-format-image-featuring-a-realistic-XRP-cryptocurrency-coin-in-the-foreground-with-the-correct-XRP-logo-which-is-a-round-symbol-with-an-.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/575232"}],"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\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=575232"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/575232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/575242"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=575232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=575232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=575232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}