{"id":626216,"date":"2024-06-25T03:58:22","date_gmt":"2024-06-25T03:58:22","guid":{"rendered":"https:\/\/wncen.com\/?p=626216"},"modified":"2024-06-25T03:53:07","modified_gmt":"2024-06-25T03:53:07","slug":"xrp-price-targets-recovery-0-4825","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-targets-recovery-0-4825\/","title":{"rendered":"XRP Price Targets Strong Recovery: Key Indicators and Predictions"},"content":{"rendered":"<p><em>XRP price extended losses and tested the $0.4620 support. The price is now recovering and might gain bullish momentum if it clears the $0.4825 resistance.<\/em><\/p>\n<ul>\n<li>XRP price remained in a bearish zone and tested the $0.4620 support zone.<\/li>\n<li>The price is now trading below $0.4820 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $0.4785 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could recover steadily if there is a move above $0.4800 and $0.4820.<\/li>\n<\/ul>\n<h2>XRP Price Forms Support<\/h2>\n<p>XRP price failed to clear the $0.4820 resistance zone and started another decline like <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-dives-breaks-60k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-bottom-3240\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move below the $0.480 and $0.4750 levels. The price even spiked below $0.4650.<\/p>\n<p>However, the bulls were active near $0.4620. A low was formed at $0.4619 and the price is now recovering losses. There was an upward move above the $0.4680 and $0.4720 resistance levels. The price cleared the 50% Fib retracement level of the downward move from the $0.4885 swing high to the $0.4619 low.<\/p>\n<p>It is now trading below $0.4850 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4780 level. There is also a key bearish trend line forming with resistance at $0.4785 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The trend line is close to the 61.8% Fib retracement level of the downward move from the $0.4885 swing high to the $0.4619 low. The first major resistance is near the $0.4825 level.<\/p>\n<figure id=\"attachment_626217\" aria-describedby=\"caption-attachment-626217\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-626217 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?resize=1024%2C461\" alt=\"XRP Price\" width=\"1024\" height=\"461\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=1835 1835w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/XRP_Price_be516c.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-626217\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>A clear move above the $0.4825 resistance might send the price toward the $0.4880 resistance. The next major resistance is near the $0.500 level. A close above the $0.500 resistance zone could send the price higher. The next key resistance is near $0.5250. Any more gains might send the price toward the $0.5500 resistance.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $0.4825 resistance zone, it could start another decline. Initial support on the downside is near the $0.4680 level.<\/p>\n<p>The next major support is at $0.4620. If there is a downside break and a close below the $0.4620 level, the price might decline further. In the stated case, the price could even trade below the $0.450 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.4680 and $0.4620.<\/p>\n<p>Major Resistance Levels \u2013 $0.4800 and $0.4825.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price extended losses and tested the $0.4620 support. The price is now recovering and might gain bullish momentum if it clears the $0.4825 resistance. XRP price remained in a bearish zone and tested the $0.4620 support zone. The price is now trading below $0.4820 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4785 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could recover steadily if there is a move above $0.4800 and $0.4820. XRP Price Forms Support XRP price failed to clear the $0.4820 resistance zone and started another decline like Bitcoin and Ethereum. There was a move below the $0.480 and $0.4750 levels. The price even spiked below $0.4650. However, the bulls were active near $0.4620. A low was formed at $0.4619 and the price is now recovering losses. There was an upward move above the $0.4680 and $0.4720 resistance levels. The price cleared the 50% Fib retracement level of the downward move from the $0.4885 swing high to the $0.4619 low. It is now trading below $0.4850 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4780 level. There is also a key bearish trend line forming with resistance at $0.4785 on the hourly chart of the XRP\/USD pair. The trend line is close to the 61.8% Fib retracement level of the downward move from the $0.4885 swing high to the $0.4619 low. The first major resistance is near the $0.4825 level. A clear move above the $0.4825 resistance might send the price toward the $0.4880 resistance. The next major resistance is near the $0.500 level. A close above the $0.500 resistance zone could send the price higher. The next key resistance is near $0.5250. Any more gains might send the price toward the $0.5500 resistance. Another Decline? If XRP fails to clear the $0.4825 resistance zone, it could start another decline. Initial support on the downside is near the $0.4680 level. The next major support is at $0.4620. If there is a downside break and a close below the $0.4620 level, the price might decline further. In the stated case, the price could even trade below the $0.450 support in the near term. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $0.4680 and $0.4620. Major Resistance Levels \u2013 $0.4800 and $0.4825.<\/p>\n","protected":false},"author":67,"featured_media":626219,"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":[3680,74937,10972,78763],"class_list":["post-626216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Targets Strong Recovery: Key Indicators and Predictions<\/title>\n<meta name=\"description\" content=\"XRP price extended losses and tested the $0.4620 support. 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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. 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