• XRP price is eyeing more gains above the $0.5300 zone.
• The price is now trading above $0.5200 and the 100-hourly Simple Moving Average.
• There is a key bullish trend line forming with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it settles above the $0.5300 resistance zone.

XRP Price Revisits Support

XRP price started a decent upward move above the $0.5150 zone. There was a move above the $0.520 resistance but it lagged Bitcoin and Ethereum. The bulls were able to push the price above the $0.5250 resistance.

The price traded as high as $0.5307 and is currently correcting gains. There was a drop below the $0.5265 level. The price dipped below the 50% Fib retracement level of the upward wave from the $0.5111 swing low to the $0.5307 high.

The price is now trading above $0.5200 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.520 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $0.5250 level. The first major resistance is near the $0.5300 level. The next key resistance could be $0.5320. A clear move above the $0.5320 resistance might send the price toward the $0.5450 resistance. Any more gains might send the price toward the $0.5550 resistance or even $0.5850 in the near term. The next major hurdle might be $0.6000.

Downside Break?

If XRP fails to clear the $0.5250 resistance zone, it could start another decline. Initial support on the downside is near the $0.5200 level. The next major support is near the $0.5185 level and the 61.8% Fib retracement level of the upward wave from the $0.5111 swing low to the $0.5307 high.

If there is a downside break and a close below the $0.5185 level, the price might continue to decline toward the $0.5050 support in the near term. The next major support sits near the $0.5000 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now below the 50 level.

Major Support Levels �?$0.5200 and $0.5185.

Major Resistance Levels �?$0.5250 and $0.5300.

• XRP price is eyeing more gains above the $0.5350 zone.
• The price is now trading above $0.5220 and the 100-hourly Simple Moving Average.
• There is a connecting bullish trend line forming with support at $0.5180 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it settles above the $0.5500 resistance zone.

XRP Price Eyes Upside Break

XRP price started a decent upward move above the $0.500 zone. There was a move above the $0.5150 resistance but it lagged Bitcoin and Ethereum. The bulls were able to push the price above the $0.5250 resistance.

The price traded as high as $0.5307 and is currently consolidating gains. There was a minor decline below the $0.5250 level. The price dipped and tested the 50% Fib retracement level of the upward move from the $0.5112 swing low to the $0.5307 high.

The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $0.5180 on the hourly chart of the XRP/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.5112 swing low to the $0.5307 high.

On the upside, the price might face resistance near the $0.5280 level. The first major resistance is near the $0.5320 level. The next key resistance could be $0.5350. A clear move above the $0.5350 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5650 resistance or even $0.5850 in the near term. The next major hurdle might be $0.6000.

Another Setback?

If XRP fails to clear the $0.5300 resistance zone, it could start another decline. Initial support on the downside is near the $0.5210 level. The next major support is near the $0.5180 level.

If there is a downside break and a close below the $0.5180 level, the price might continue to decline toward the $0.5050 support in the near term. The next major support sits near the $0.5000 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now above the 50 level.

Major Support Levels �?$0.5210 and $0.5180.

Major Resistance Levels �?$0.5350 and $0.5550.

• XRP price is correcting losses from the $0.4880 zone.
• The price is now trading above $0.5200 and the 100-hourly Simple Moving Average.
• There is a connecting bullish trend line forming with support at $0.5150 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.5250 resistance zone.

XRP Price Struggles To Match Bitcoin’s Surge

XRP price started a recovery wave from the $0.4880 zone. It is back above $0.5050 but struggles to match Bitcoin and Ethereum momentum. The bulls were able to push the price above the $0.5150 resistance.

The price surpassed the 50% Fib retracement level of the downward wave from the $0.5333 swing high to the $0.4867 low. There is also a connecting bullish trend line forming with support at $0.5150 on the hourly chart of the XRP/USD pair.

The price is now trading above $0.5200 and the 100-hourly Simple Moving Average. It is consolidating near the 76.4% Fib retracement level of the downward wave from the $0.5333 swing high to the $0.4867 low.

On the upside, the price might face resistance near the $0.5250 level. The first major resistance is near the $0.5335 level. The next key resistance could be $0.5350. A clear move above the $0.5350 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5650 resistance or even $0.5850 in the near term. The next major hurdle might be $0.6000.

Another Drop?

If XRP fails to clear the $0.5250 resistance zone, it could start another decline. Initial support on the downside is near the $0.5150 level. The next major support is near the $0.5085 level.

If there is a downside break and a close below the $0.5085 level, the price might continue to decline toward the $0.5000 support in the near term. The next major support sits near the $0.4880 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now above the 50 level.

Major Support Levels �?$0.5150 and $0.5000.

Major Resistance Levels �?$0.5250 and $0.5320.

• XRP price is correcting losses from the $0.4880 zone.
• The price is now trading below $0.5220 and the 100-hourly Simple Moving Average.
• There was a break above a short-term bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.5220 resistance zone.

XRP Price Struggles To Gain Pace

XRP price remained in a bearish zone and extended losses below $0.5200, like Bitcoin and Ethereum. There was a move below the $0.5050 and $0.5000 levels.

The price even dipped below $0.4950 and tested $0.4880. A low was at $0.4867 and the price is now attempting to recover losses. There was a move above the 50% Fib retracement level of the downward wave from the $0.5233 swing high to the $0.4867 low.

There was a break above a short-term bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5220 and the 100-hourly Simple Moving Average.

On the upside, the price might face resistance near the $0.5200 level. The first major resistance is near the $0.5220 level or the 76.4% Fib retracement level of the downward wave from the $0.5233 swing high to the $0.4867 low. The next key resistance could be $0.5320.

A clear move above the $0.5320 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5550 resistance or even $0.5620 in the near term. The next major hurdle might be $0.5650.

Another Drop?

If XRP fails to clear the $0.5220 resistance zone, it could start another decline. Initial support on the downside is near the $0.5100 level. The next major support is near the $0.5050 level.

If there is a downside break and a close below the $0.5050 level, the price might continue to decline toward the $0.5000 support in the near term. The next major support sits near the $0.4880 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now above the 50 level.

Major Support Levels �?$0.5050 and $0.5000.

Major Resistance Levels �?$0.5220 and $0.5320.

• XRP price is correcting losses from the $0.5120 zone.
• The price is now trading below $0.5380 and the 100-hourly Simple Moving Average.
• There was a break above a short-term bearish trend line with resistance at $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.5360 resistance zone.

XRP Price Faces Many Hurdles

XRP price remained in a bearish zone and extended losses below $0.5300, like Bitcoin and Ethereum. There was a move below the $0.5280 and $0.5250 levels.

The price even dipped below $0.5200 and tested $0.5120. A low was at $0.5117 and the price is now attempting to recover losses. There was a move above the 23.6% Fib retracement level of the downward wave from the $0.5600 swing high to the $0.5120 low.

There was a break above a short-term bearish trend line with resistance at $0.5280 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5380 and the 100-hourly Simple Moving Average.

On the upside, the price might face resistance near the $0.5360 level. The first major resistance is near the $0.5360 level or the 50% Fib retracement level of the downward wave from the $0.5600 swing high to the $0.5120 low. The next key resistance could be $0.5485.

A clear move above the $0.5485 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5550 resistance or even $0.5620 in the near term. The next major hurdle might be $0.5650.

Another Drop?

If XRP fails to clear the $0.5360 resistance zone, it could start another decline. Initial support on the downside is near the $0.5230 level. The next major support is near the $0.5185 level.

If there is a downside break and a close below the $0.5185 level, the price might continue to decline toward the $0.5120 support in the near term. The next major support sits near the $0.500 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now near the 50 level.

Major Support Levels �?$0.5230 and $0.5185.

Major Resistance Levels �?$0.5360 and $0.5485.

• XRP price is correcting losses from the $0.5120 zone.
• The price is now trading below $0.5400 and the 100-hourly Simple Moving Average.
• There was a break above a connecting bearish trend line with resistance at $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.5350 resistance zone.

XRP Price Starts Fresh Increase

XRP price failed to start a fresh increase and extended losses below $0.5320, like Bitcoin and Ethereum. There was a move below the $0.530 and $0.5250 levels.

The price even dipped below $0.5200 and tested $0.5120. A low was at $0.5117 and the price is now correcting losses. There was a move above the 23.6% Fib retracement level of the downward move from the $0.5600 swing high to the $0.5117 low.

There was a break above a connecting bearish trend line with resistance at $0.5280 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5400 and the 100-hourly Simple Moving Average.

On the upside, the price might face resistance near the $0.5350 level or the 50% Fib retracement level of the downward move from the $0.5600 swing high to the $0.5117 low. The first major resistance is near the $0.5400 level.

The next key resistance could be $0.5420. A clear move above the $0.5420 resistance might send the price toward the $0.5485 resistance. Any more gains might send the price toward the $0.5550 resistance or even $0.5650 in the near term. The next major hurdle might be $0.5800.

Another Decline?

If XRP fails to clear the $0.5350 resistance zone, it could start another decline. Initial support on the downside is near the $0.5230 level. The next major support is near the $0.5200 level.

If there is a downside break and a close below the $0.5200 level, the price might continue to decline toward the $0.5120 support in the near term. The next major support sits near the $0.5050 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now above the 50 level.

Major Support Levels �?$0.5230 and $0.5200.

Major Resistance Levels �?$0.5350 and $0.5420.

• XRP price is correcting gains below the $0.5500 zone.
• The price is now trading below $0.5450 and the 100-hourly Simple Moving Average.
• There is a new connecting bearish trend line forming with resistance at $0.5365 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bearish momentum if it declines below the $0.5200 support zone.

XRP Price Dips Further

XRP price struggled to extend gains above the $0.5600 level and started a downside correction, like Bitcoin and Ethereum. There was a move below the $0.5550 and $0.5500 levels.

The price even dipped below $0.5320 and tested $0.5290. A low was at $0.5292 and the price is now consolidating losses and trading below the 23.6% Fib retracement level of the downward move from the $0.5600 swing high to the $0.5292 low.

The price is now trading below $0.5450 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5365 level. There is also a new connecting bearish trend line forming with resistance at $0.5365 on the hourly chart of the XRP/USD pair.

The first major resistance is near the $0.5440 level. It is close to the 50% Fib retracement level of the downward move from the $0.5600 swing high to the $0.5292 low.

The next key resistance could be $0.5520. A clear move above the $0.5520 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5600 resistance or even $0.5650 in the near term. The next major hurdle might be $0.5800.

More Losses?

If XRP fails to clear the $0.5365 resistance zone, it could start another decline. Initial support on the downside is near the $0.5280 level. The next major support is near the $0.5220 level.

If there is a downside break and a close below the $0.5220 level, the price might continue to decline toward the $0.5050 support in the near term. The next major support sits near the $0.500 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now below the 50 level.

Major Support Levels �?$0.5280 and $0.5220.

Major Resistance Levels �?$0.5365 and $0.5520.

• XRP price is consolidating above the $0.5320 zone.
• The price is now trading below $0.5500 and the 100-hourly Simple Moving Average.
• There was a break below a connecting bullish trend line with support at $0.5500 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.5550 and $0.5580 resistance levels.

XRP Price Trades In A Range

XRP price remained stable above the $0.5320 support zone. It started a decent increase above the $0.550 level, but the bears were active near the $0.5600 resistance zone.

A high was formed at $0.5600 before the price started to decline like Bitcoin and Ethereum. There was a decline below the $0.5550 and $0.550 levels. Besides, there was a break below a connecting bullish trend line with support at $0.5500 on the hourly chart of the XRP/USD pair.

The price dipped below the 50% Fib retracement level of the upward move from the $0.5375 swing low to the $0.5600 high. The price is now trading below $0.5460 and the 100-hourly Simple Moving Average.

The bulls are now protecting the 76.4% Fib retracement level of the upward move from the $0.5375 swing low to the $0.5600 high. On the upside, the price might face resistance near the $0.5460 level. The first major resistance is near the $0.5500 level.

The next key resistance could be $0.5550. A clear move above the $0.5550 resistance might send the price toward the $0.5600 resistance. Any more gains might send the price toward the $0.5800 resistance or even $0.5880 in the near term. The next major hurdle might be $0.6000.

Another Drop?

If XRP fails to clear the $0.5500 resistance zone, it could start another decline. Initial support on the downside is near the $0.5420 level. The next major support is near the $0.5365 level.

If there is a downside break and a close below the $0.5365 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits near the $0.5250 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now below the 50 level.

Major Support Levels �?$0.5420 and $0.5365.

Major Resistance Levels �?$0.5500 and $0.5550.

• XRP price is consolidating above the $0.5380 zone.
• The price is now trading near $0.5420 and the 100-hourly Simple Moving Average.
• There was a break above a connecting bearish trend line with resistance at $0.5420 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.5450 and $0.5550 resistance levels.

XRP Price Eyes Steady Increase

XRP price remained stable above the $0.5350 support zone. However, it failed to gain bullish momentum like Bitcoin and Ethereum. There was a minor upward move from the $0.5380 swing low.

The price climbed above the $0.5420 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $0.5656 swing high to the $0.5380 low. There was a break above a connecting bearish trend line with resistance at $0.5420 on the hourly chart of the XRP/USD pair.

The price is now trading near $0.540 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.550 level or the 50% Fib retracement level of the downward move from the $0.5656 swing high to the $0.5380 low.

The first major resistance is near the $0.5550 level. The next key resistance could be $0.5650. A clear move above the $0.5650 resistance might send the price toward the $0.5800 resistance. Any more gains might send the price toward the $0.5880 resistance or even $0.5925 in the near term. The next major hurdle might be $0.6000.

Another Drop?

If XRP fails to clear the $0.5550 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level. The next major support is near the $0.5380 level.

If there is a downside break and a close below the $0.5380 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits near the $0.5250 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now above the 50 level.

Major Support Levels �?$0.5400 and $0.5380.

Major Resistance Levels �?$0.5500 and $0.5550.

• XRP price is consolidating above the $0.5400 zone.
• The price is now trading above $0.5420 and the 100-hourly Simple Moving Average.
• There is a connecting bearish trend line forming with resistance at $0.5465 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could gain bullish momentum if it clears the $0.550 and $0.5550 resistance levels.

XRP Price Eyes Upside Break

XRP price remained stable above the $0.5320 support zone like Bitcoin and Ethereum. The bulls even tried to push the price above the $0.5550 resistance zone.

A high was formed at $0.5659 before there was a fresh decline. The price tested the $0.5400 zone. A low was formed at $0.5398 and the price is now consolidating losses. It is trading near the 23.6% Fib retracement level of the downward move from the $0.5659 swing high to the $0.5398 low.

The price is now trading above $0.540 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5465 level. There is also a connecting bearish trend line forming with resistance at $0.5465 on the hourly chart of the XRP/USD pair.

The first major resistance is near the $0.5550 level or the 61.8% Fib retracement level of the downward move from the $0.5659 swing high to the $0.5398 low. The next key resistance could be $0.5650.

A clear move above the $0.5650 resistance might send the price toward the $0.5800 resistance. Any more gains might send the price toward the $0.5880 resistance or even $0.5925 in the near term. The next major hurdle might be $0.6000.

Another Drop?

If XRP fails to clear the $0.550 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level. The next major support is near the $0.5345 level.

If there is a downside break and a close below the $0.5345 level, the price might continue to decline toward the $0.5280 support in the near term. The next major support sits near the $0.5220 zone.

Technical Indicators

Hourly MACD �?The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) �?The RSI for XRP/USD is now below the 50 level.

Major Support Levels �?$0.5400 and $0.5345.

Major Resistance Levels �?$0.5500 and $0.5550.