{"id":644195,"date":"2024-09-24T04:18:39","date_gmt":"2024-09-24T04:18:39","guid":{"rendered":"https:\/\/wncen.com\/?p=644195"},"modified":"2024-09-24T03:32:42","modified_gmt":"2024-09-24T03:32:42","slug":"xrp-price-defends-support-0-5780","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-defends-support-0-5780\/","title":{"rendered":"XRP Price Defends Support: Will Bulls Take Over?"},"content":{"rendered":"
XRP price is consolidating above the $0.5785 support. The price must settle above $0.5920 and $0.600 to start a fresh increase in the near term.<\/em><\/p>\n
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XRP price is still trading below the $0.600 resistance zone.<\/li>\n
The price is now trading below $0.590 and the 100-hourly Simple Moving Average.<\/li>\n
There is a major bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels.<\/li>\n<\/ul>\n