{"id":12725,"date":"2022-11-25T06:53:17","date_gmt":"2022-11-25T10:53:17","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=12725"},"modified":"2022-11-25T06:53:17","modified_gmt":"2022-11-25T10:53:17","slug":"xrp-price-prediction-why-the-bulls-could-aim-fresh-rally-to-0-45","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2022\/11\/25\/xrp-price-prediction-why-the-bulls-could-aim-fresh-rally-to-0-45\/","title":{"rendered":"XRP Price Prediction: Why The Bulls Could Aim Fresh Rally To $0.45"},"content":{"rendered":"

Ripple remained well bid above the $0.35 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.45 level.<\/em><\/p>\n

Ripple started a decent increase from the $0.32 support zone against the US dollar.
\nThe price is now trading above $0.350 and the 100 simple moving average (4-hours).
\nThere was a break above a major bearish trend line with resistance near $0.374 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could start a strong increase if it clears the $0.400 resistance zone.<\/p>\n

Ripple Price Eyes Fresh Increase<\/h2>\n

After a strong decline, ripple\u2019s XRP formed a base above the $0.320 zone against the US Dollar. The price started a decent increase above the $0.335 and $0.340 resistance levels.<\/p>\n

The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. Besides, there was a break above a major bearish trend line with resistance near $0.374 on the 4-hours chart of the XRP\/USD pair.<\/p>\n

XRP is rising steadily above the 100 simple moving average (4-hours) and outperforming both bitcoin<\/a> and ethereum<\/a>. The price is now facing hurdles near $0.395 and $0.400. The first major resistance is near the $0.415 level.<\/p>\n

The 50% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low is also near the $0.415 level. A successful break above the $0.415 resistance might send the price towards the $0.450 resistance.<\/p>\n

<\/a><\/p>\n

Source: XRPUSD on TradingView.com<\/a><\/p>\n

The next key resistance is near the $0.465 level. Any more gains might send the price towards the $0.50 level in the coming days.<\/p>\n

Dips Supported in XRP?<\/h2>\n

If ripple fails to clear the $0.415 resistance zone, it could slowly move down. An initial support on the downside is near the $0.380 level and the 100 simple moving average (4-hours).<\/p>\n

The next major support is near $0.345. If there is a downside break and close below the $0.345 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support.<\/p>\n

Technical Indicators<\/p>\n

4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n

4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.380, $0.345 and $0.320.<\/p>\n

Major Resistance Levels \u2013 $0.400, $0.415 and $0.450.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Ripple remained well bid above the $0.35 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.45 level.<\/em><\/p>\n

Ripple started a decent increase from the $0.32 support zone against the US dollar.
\nThe price is now trading above $0.350 and the 100 simple moving average (4-hours).
\nThere was a break above a major bearish trend line with resistance near $0.374 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could start a strong increase if it clears the $0.400 resistance zone.<\/p>\n

Ripple Price Eyes Fresh Increase<\/h2>\n

After a strong decline, ripple\u2019s XRP formed a base above the $0.320 zone against the US Dollar. The price started a decent increase above the $0.335 and $0.340 resistance levels.<\/p>\n

The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. Besides, there was a break above a major bearish trend line with resistance near $0.374 on the 4-hours chart of the XRP\/USD pair.<\/p>\n

XRP is rising steadily above the 100 simple moving average (4-hours) and outperforming both bitcoin<\/a> and ethereum<\/a>. The price is now facing hurdles near $0.395 and $0.400. The first major resistance is near the $0.415 level.<\/p>\n

The 50% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low is also near the $0.415 level. A successful break above the $0.415 resistance might send the price towards the $0.450 resistance.<\/p>\n

<\/a><\/p>\n

Source: XRPUSD on TradingView.com<\/a><\/p>\n

The next key resistance is near the $0.465 level. Any more gains might send the price towards the $0.50 level in the coming days.<\/p>\n

Dips Supported in XRP?<\/h2>\n

If ripple fails to clear the $0.415 resistance zone, it could slowly move down. An initial support on the downside is near the $0.380 level and the 100 simple moving average (4-hours).<\/p>\n

The next major support is near $0.345. If there is a downside break and close below the $0.345 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support.<\/p>\n

Technical Indicators<\/p>\n

4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n

4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.380, $0.345 and $0.320.<\/p>\n

Major Resistance Levels \u2013 $0.400, $0.415 and $0.450.<\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-12725","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/12725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=12725"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/12725\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=12725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=12725"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=12725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}