{"id":523332,"date":"2023-03-16T08:21:36","date_gmt":"2023-03-16T08:21:36","guid":{"rendered":"https:\/\/wncen.com\/?p=523332"},"modified":"2024-06-11T08:02:02","modified_gmt":"2024-06-11T08:02:02","slug":"xrp-price-prediction-vulnerable-0-35","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-prediction-vulnerable-0-35\/","title":{"rendered":"XRP Price Prediction: Topside Bias Vulnerable Unless It Surges Past $0.38"},"content":{"rendered":"<p><em>Ripple is struggling to stay above the $0.35 support against the US Dollar. XRP price must surpass $0.38 to start a fresh increase and avoid a downside break.<\/em><\/p>\n<ul>\n<li>Ripple is consolidating losses above the $0.35 support against the US dollar.<\/li>\n<li>The price is now trading below $0.38 and the 100 simple moving average (4-hours).<\/li>\n<li>There is a major bearish trend line forming with resistance near $0.3760 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could rally if there is a close above the $0.376 and $0.380 resistance levels.<\/li>\n<\/ul>\n<h2>Ripple Price Faces Resistance<\/h2>\n<p>This week, ripple\u2019s XRP faced resistance near the $0.3880 zone against the US Dollar. The price failed to gain bullish momentum and started a fresh decline below $0.380, unlike <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-reaches-inflection-zone-24k\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">bitcoin<\/a> and <a href=\"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-dips-1600-2\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">ethereum<\/a>.<\/p>\n<p>The bears were able to push the price below the $0.3750 support and the 100 simple moving average (4-hours). The price traded as low as $0.3571 and is currently consolidating losses. XRP price is now trading below $0.38 and the 100 simple moving average (4-hours).<\/p>\n<p>On the upside, an initial resistance is near the $0.3700 zone. The first major resistance is near the $0.3725 level and the 100 simple moving average (4-hours). It is near the 50% Fib retracement level of the downward move from the $0.3880 swing high to $0.3751 low.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-523333\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?resize=1834%2C845\" alt=\"XRP Price Prediction\" width=\"1834\" height=\"845\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=1834 1834w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/XRP_Price-1.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/p>\n<p>The next key resistance is near the $0.3750 level. There is also a major bearish trend line forming with resistance near $0.3760 on the 4-hours chart of the XRP\/USD pair. A successful break above the $0.376 resistance might send the price towards the $0.388 resistance. Any more gains might send the price towards the $0.400 level.<\/p>\n<h2>Downside Break in XRP?<\/h2>\n<p>If ripple fails to clear the $0.376 resistance zone, it could continue to move down. An initial support on the downside is near the $0.357 level.<\/p>\n<p>The next major support is near $0.352. If there is a downside break and close below the $0.352 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.340 support and retest the $0.320 support.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.357, $0.352 and $0.340.<\/p>\n<p>Major Resistance Levels \u2013 $0.372, $0.376 and $0.400.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple is struggling to stay above the $0.35 support against the US Dollar. XRP price must surpass $0.38 to start a fresh increase and avoid a downside break. Ripple is consolidating losses above the $0.35 support against the US dollar. The price is now trading below $0.38 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3760 on the 4-hours chart of the XRP\/USD pair (data source from Kraken). The pair could rally if there is a close above the $0.376 and $0.380 resistance levels. Ripple Price Faces Resistance This week, ripple\u2019s XRP faced resistance near the $0.3880 zone against the US Dollar. The price failed to gain bullish momentum and started a fresh decline below $0.380, unlike bitcoin and ethereum. The bears were able to push the price below the $0.3750 support and the 100 simple moving average (4-hours). The price traded as low as $0.3571 and is currently consolidating losses. XRP price is now trading below $0.38 and the 100 simple moving average (4-hours). On the upside, an initial resistance is near the $0.3700 zone. The first major resistance is near the $0.3725 level and the 100 simple moving average (4-hours). It is near the 50% Fib retracement level of the downward move from the $0.3880 swing high to $0.3751 low. Source: XRPUSD on TradingView.com The next key resistance is near the $0.3750 level. There is also a major bearish trend line forming with resistance near $0.3760 on the 4-hours chart of the XRP\/USD pair. A successful break above the $0.376 resistance might send the price towards the $0.388 resistance. Any more gains might send the price towards the $0.400 level. Downside Break in XRP? If ripple fails to clear the $0.376 resistance zone, it could continue to move down. An initial support on the downside is near the $0.357 level. The next major support is near $0.352. If there is a downside break and close below the $0.352 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.340 support and retest the $0.320 support. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $0.357, $0.352 and $0.340. Major Resistance Levels \u2013 $0.372, $0.376 and $0.400.<\/p>\n","protected":false},"author":67,"featured_media":455361,"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":[3680,4531,74937,10972,83345,78763],"class_list":["post-523332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdc","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Prediction: Topside Bias Vulnerable Unless It Surges Past $0.38<\/title>\n<meta name=\"description\" content=\"Ripple is struggling to stay above the $0.35 support against the US Dollar. 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