{"id":655145,"date":"2024-11-27T20:30:31","date_gmt":"2024-11-27T20:30:31","guid":{"rendered":"https:\/\/wncen.com\/?p=655145"},"modified":"2024-11-27T11:01:01","modified_gmt":"2024-11-27T11:01:01","slug":"xrp-price-bullishness-1-9","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-bullishness-1-9\/","title":{"rendered":"XRP Price Bullishness Continues, Analyst Shoots For $1.9 With Next Leg-Up"},"content":{"rendered":"<p><span style=\"font-weight: 400\"><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\">The XRP price is\u00a0<\/span><a style=\"font-family: -apple-system, BlinkMacSystemFont, &#039;Segoe UI&#039;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &#039;Helvetica Neue&#039;, sans-serif\" href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-stabilizes-at-1-30\/\" target=\"_blank\" rel=\"noopener \">consolidating just below the $1.4 mark,<\/a><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\"> but the technical structure continues to show bullish strength.<\/span> Interestingly,\u00a0 XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to an XRP analysis on TradingView, the technical setup is still pointing to a continued price surge. The analysis suggests that XRP could soon rally further, with a near-term price target set at $1.90.<\/span><\/p>\n<h2>XRP Price Bullishness Continues<\/h2>\n<p><span style=\"font-weight: 400\">The XRP price surge earlier this month was very unprecedented. Particularly, the XRP price surged from a low of $0.4976 on November 3 to <\/span><a href=\"https:\/\/wncen.com\/news\/xrp-price-reaches-3-year-high-at-1-6-2-ways-it-can-go-from-here\/\"><span style=\"font-weight: 400\">reach a three-year high of $1.6 <\/span><\/a><span style=\"font-weight: 400\">on November 23. This translates to a 220% price increase in over 20 days.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-bull-channel\/\">Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What\u2019s Next<\/a><\/div>\n<p><span style=\"font-weight: 400\">However, since it reached this three-year high, XRP has entered a correction phase, retreating by almost 20%. Despite this price correction, XRP has largely traded above a main trendline that has propped up the price during the journey up.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As it stands,<\/span><a href=\"https:\/\/www.tradingview.com\/chart\/XRPUSDT\/NSMKrevQ-XRPUSDT\/\" rel=\"nofollow\"><span style=\"font-weight: 400\"> technical analysis<\/span><\/a><span style=\"font-weight: 400\"> shows that the XRP price is about to bounce off or break below this trendline, which could make or do its price trajectory from here. An adherence to this main trendline would see XRP bouncing up to the upside, much like it did on November 24. After bouncing up at this point, XRP continued from a low of $1.2775 to retest the $1.54 price level again on November 24.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Now, with the XRP price retesting this major trendline, the more bullish option is an immediate bounce to the upside. A break to the upside would see XRP resuming its uptrend up to the $1.9 price level. Keeping this in mind, the analyst emphasized critical price zones that could shape XRP&#8217;s trajectory in the coming sessions. The range between $1.520 and $1.620 has been identified as a crucial area where the price could encounter strong resistance in the coming sessions.<\/span><\/p>\n<figure id=\"attachment_655151\" aria-describedby=\"caption-attachment-655151\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-655151\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/XRP-price.png?w=460&#038;resize=460%2C202\" alt=\"XRP price\" width=\"460\" height=\"202\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/XRP-price.png?w=512 512w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/XRP-price.png?w=460 460w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-655151\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin\/moving-average-dogecoin-price\/\">What The 50-Day Moving Average At $0.22 Says About The Dogecoin Price<\/a><\/div>\n<h2>What\u2019s Next For XRP?<b><br \/>\n<\/b><\/h2>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at $1.39 and is still trading around this main trend line. However, the price has yet to show a decisive bounce from this level. Particularly, current price action points to a continued consolidation in the past few hours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">While the XRP price continues to exhibit signs of bullishness, there exists the possibility of a <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-fresh-upside-0-50\/\"><span style=\"font-weight: 400\">break to the downside.<\/span><\/a><span style=\"font-weight: 400\"> This break to the downside would be highlighted by a daily close below $1.38. Should this occur, XRP is likely to extend its decline with a retest of the next significant support at $1.32.<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/GzMptGsZ\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3286\" height=\"1518\"><figcaption class=\"wp-caption-text\">XRP pushes toward $1.4 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The XRP price is\u00a0consolidating just below the $1.4 mark, but the technical structure continues to show bullish strength. Interestingly,\u00a0 XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data.\u00a0 According to an XRP analysis on TradingView, the technical setup is still pointing to a continued price surge. The analysis suggests that XRP could soon rally further, with a near-term price target set at $1.90. XRP Price Bullishness Continues The XRP price surge earlier this month was very unprecedented. Particularly, the XRP price surged from a low of $0.4976 on November 3 to reach a three-year high of $1.6 on November 23. This translates to a 220% price increase in over 20 days.\u00a0 Related Reading: Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What\u2019s Next However, since it reached this three-year high, XRP has entered a correction phase, retreating by almost 20%. Despite this price correction, XRP has largely traded above a main trendline that has propped up the price during the journey up. As it stands, technical analysis shows that the XRP price is about to bounce off or break below this trendline, which could make or do its price trajectory from here. An adherence to this main trendline would see XRP bouncing up to the upside, much like it did on November 24. After bouncing up at this point, XRP continued from a low of $1.2775 to retest the $1.54 price level again on November 24. Now, with the XRP price retesting this major trendline, the more bullish option is an immediate bounce to the upside. A break to the upside would see XRP resuming its uptrend up to the $1.9 price level. Keeping this in mind, the analyst emphasized critical price zones that could shape XRP&#8217;s trajectory in the coming sessions. The range between $1.520 and $1.620 has been identified as a crucial area where the price could encounter strong resistance in the coming sessions. Related Reading: What The 50-Day Moving Average At $0.22 Says About The Dogecoin Price What\u2019s Next For XRP? At the time of writing, XRP is trading at $1.39 and is still trading around this main trend line. However, the price has yet to show a decisive bounce from this level. Particularly, current price action points to a continued consolidation in the past few hours.\u00a0 While the XRP price continues to exhibit signs of bullishness, there exists the possibility of a break to the downside. This break to the downside would be highlighted by a daily close below $1.38. Should this occur, XRP is likely to extend its decline with a retest of the next significant support at $1.32. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":646240,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-655145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Bullishness Continues, Analyst Shoots For $1.9 With Next Leg-Up<\/title>\n<meta name=\"description\" content=\"The XRP price is consolidating just below the $1.4 mark but technical structure continues to show bullish strength.\" \/>\n<meta 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