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{"id":456053,"date":"2021-02-05T07:08:30","date_gmt":"2021-02-05T07:08:30","guid":{"rendered":"https:\/\/wncen.com\/?p=456053"},"modified":"2024-06-11T07:58:11","modified_gmt":"2024-06-11T07:58:11","slug":"ripple-xrp-surges-15-2","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/ripple-xrp-surges-15-2\/","title":{"rendered":"Charted: Ripple (XRP) Surges 15%, Why Bulls In Control Above $0.44"},"content":{"rendered":"

Ripple started a fresh increase above the $0.4000 resistance against the US Dollar. XRP price is likely to accelerate further higher if it clears the $0.4650 resistance.<\/em><\/p>\n

\n
Ripple is up over 15% and it broke a major resistance near $0.4200 against the US dollar.<\/li>\n
The price is trading well above $0.4400 and the 100-day simple moving average.<\/li>\n
There is still a key bearish trend line with resistance near $0.4650 on the daily chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could start a strong increase if there is a clear break above the trend line and $0.4700.<\/li>\n<\/ul>\n
Ripple\u2019s XRP Price Starts Fresh Rally<\/h2>\n
After forming a support base above $0.3800, ripple\u2019s XRP price started a strong increase<\/a>. There was a clear break above the $0.4000 and $0.4200 resistance levels (outperforming bitcoin<\/a>).<\/p>\n
There was a clear break above the 50% Fib retracement level of the downward move from the $0.5359 swing high to $0.3424 low. The price is now trading well above $0.4400 and the 100-day simple moving average. There are many positive signs emerging above the $0.4500 level.<\/p>\n
$\"Ripple$ <\/a><\/p>\n
Source: XRPUSD on TradingView.com<\/a><\/pre>\n
An immediate resistance is near the $0.4620 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.5359 swing high to $0.3424 low.<\/p>\n
The main resistance is forming near the $0.4650 level. There is still a key bearish trend line with resistance near $0.4650 on the daily chart of the XRP\/USD pair. A clear break above the trend line resistance could open the doors for a sharp increase towards the $0.5000 resistance. The next major resistance above the $0.5000 level could be near the $0.5800 level.<\/p>\n
Dips Supported in XRP?<\/h2>\n
If ripple fails to clear the $0.4620 resistance or the trend line, it could correct lower. An initial support is near the $0.4400 level. The first major support is near the $0.4200 level.<\/p>\n
The main support could be near the $0.3500 level and the 100-day SMA. If the price fails to stay above $0.3500, it could dive towards the $0.3400 support zone, where the bulls are likely to take a strong stand.<\/p>\n
Technical Indicators<\/p>\n
Daily MACD \u2013 The MACD for XRP\/USD is now gaining momentum in the bullish zone.<\/p>\n
Daily RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is well above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.4400, $0.4200 and $0.4000.<\/p>\n
Major Resistance Levels \u2013 $0.4650, $0.5000 and $0.5800.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple started a fresh increase above the $0.4000 resistance against the US Dollar. XRP price is likely to accelerate further higher if it clears the $0.4650 resistance. Ripple is up over 15% and it broke a major resistance near $0.4200 against the US dollar. The price is trading well above $0.4400 and the 100-day simple moving average. There is still a key bearish trend line with resistance near $0.4650 on the daily chart of the XRP\/USD pair (data source from Kraken). The pair could start a strong increase if there is a clear break above the trend line and $0.4700. Ripple\u2019s XRP Price Starts Fresh Rally After forming a support base above $0.3800, ripple\u2019s XRP price started a strong increase. There was a clear break above the $0.4000 and $0.4200 resistance levels (outperforming bitcoin). There was a clear break above the 50% Fib retracement level of the downward move from the $0.5359 swing high to $0.3424 low. The price is now trading well above $0.4400 and the 100-day simple moving average. There are many positive signs emerging above the $0.4500 level. Source: XRPUSD on TradingView.com An immediate resistance is near the $0.4620 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.5359 swing high to $0.3424 low. The main resistance is forming near the $0.4650 level. There is still a key bearish trend line with resistance near $0.4650 on the daily chart of the XRP\/USD pair. A clear break above the trend line resistance could open the doors for a sharp increase towards the $0.5000 resistance. The next major resistance above the $0.5000 level could be near the $0.5800 level. Dips Supported in XRP? If ripple fails to clear the $0.4620 resistance or the trend line, it could correct lower. An initial support is near the $0.4400 level. The first major support is near the $0.4200 level. The main support could be near the $0.3500 level and the 100-day SMA. If the price fails to stay above $0.3500, it could dive towards the $0.3400 support zone, where the bulls are likely to take a strong stand. Technical Indicators Daily MACD \u2013 The MACD for XRP\/USD is now gaining momentum in the bullish zone. Daily RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is well above the 50 level. Major Support Levels \u2013 $0.4400, $0.4200 and $0.4000. Major Resistance Levels \u2013 $0.4650, $0.5000 and $0.5800.<\/p>\n","protected":false},"author":67,"featured_media":456055,"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":[74937,10972,78763],"class_list":["post-456053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCharted: Ripple (XRP) Surges 15%, Why Bulls In Control Above $0.44<\/title>\n<meta name=\"description\" content=\"Ripple started a fresh increase above $0.4000. 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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":"Charted: Ripple (XRP) Surges 15%, Why Bulls In Control Above $0.44","url":"http:\/\/wncen.com\/news\/ripple\/ripple-xrp-surges-15-2\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/ripple-xrp-surges-15-2\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/02\/Depositphotos_103793088_s-2019.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/02\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545"},"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":["xrpbtc","xrpusd","xrpusdt"],"dateCreated":"2021-02-05T07:08:30Z","datePublished":"2021-02-05T07:08:30Z","dateModified":"2024-06-11T07:58:11Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Charted: Ripple (XRP) Surges 15%, Why Bulls In Control Above $0.44\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/ripple-xrp-surges-15-2\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/ripple-xrp-surges-15-2\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/Depositphotos_103793088_s-2019.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545\"},\"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\":[\"xrpbtc\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2021-02-05T07:08:30Z\",\"datePublished\":\"2021-02-05T07:08:30Z\",\"dateModified\":\"2024-06-11T07:58:11Z\"}<\/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\/2021\/02\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/456053"}],"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=456053"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/456053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/456055"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=456053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=456053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=456053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}