{"id":515682,"date":"2023-01-11T01:33:02","date_gmt":"2023-01-11T06:33:02","guid":{"rendered":"https:\/\/wncen.com\/?p=515682"},"modified":"2024-06-11T08:01:27","modified_gmt":"2024-06-11T08:01:27","slug":"xrp-price-prediction-bulls-aim-0-4","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-prediction-bulls-aim-0-4\/","title":{"rendered":"XRP Price Prediction: Bulls Could Aim $0.4 or Higher"},"content":{"rendered":"
Ripple is gaining pace above the $0.350 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.3720 resistance zone.<\/em><\/p>\n
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Ripple is currently rising above the $0.35 resistance zone against the US dollar.<\/li>\n
The price is now trading above $0.350 and the 100 simple moving average (4-hours).<\/li>\n
There was a break above a crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could rise further higher if there is a clear move above the $0.3720 resistance zone.<\/li>\n<\/ul>\n
Ripple Price Extends Gains<\/h2>\n
After a sharp decline, ripple\u2019s XRP found support near the $0.3000 zone against the US Dollar. The price formed a base above the $0.3050 level before it started a recovery wave.<\/p>\n
There was a decent increase above the $0.3250 and $0.3300 resistance levels. Besides, there was a break above a crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP\/USD pair. The upward move gained pace above the $0.350 level.<\/p>\n
The price is now trading above the 76.4% Fib retracement level of the main drop from the $0.3727 swing high to $0.3009 low. It is also trading above $0.350 and the 100 simple moving average (4-hours), outperforming bitcoin<\/a> and ethereum<\/a>.<\/p>\n