{"id":13016,"date":"2022-11-30T05:52:46","date_gmt":"2022-11-30T09:52:46","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=13016"},"modified":"2022-11-30T05:52:46","modified_gmt":"2022-11-30T09:52:46","slug":"xrp-price-prediction-smashing-this-resistance-might-trigger-rally","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2022\/11\/30\/xrp-price-prediction-smashing-this-resistance-might-trigger-rally\/","title":{"rendered":"XRP Price Prediction: Smashing This Resistance Might Trigger Rally"},"content":{"rendered":"

Ripple is showing positive signs above the $0.365 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.48 level.<\/em><\/p>\n

Ripple is slowly moving higher and trading above $0.35 against the US dollar.
\nThe price is now trading above $0.380 and the 100 simple moving average (4-hours).
\nThere is a key bullish trend line forming with support near $0.381 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 $0.415 resistance zone.<\/p>\n

Ripple Price Eyes Upside Break<\/h2>\n

After a strong decline, ripple\u2019s XRP found support near the $0.320 zone<\/a> against the US Dollar. The price started a decent increase above the $0.332 and $0.350 resistance levels.<\/p>\n

The bulls were able to lift the price above the 23.6% Fib retracement level of the key drop from the $0.5098 swing high to $0.3200 swing low. xrp price is now trading above $0.380 and the 100 simple moving average (4-hours)<\/a>. There is also a key bullish trend line forming with support near $0.381 on the 4-hours chart of the XRP\/USD pair.<\/p>\n

It seems to be facing a major resistance near the $0.415 level. It is close to the 50% Fib retracement level of the key drop from the $0.5098 swing high to $0.3200 swing low. The next major resistance is near the $0.438 level.<\/p>\n

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

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

A successful break above the $0.438 resistance might send the price towards the $0.465 resistance. The next key resistance is near the $0.480 level. Any more gains might send the price towards the $0.50 level in the coming days.<\/p>\n

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

If ripple fails to clear the $0.415 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.381 level, the trend line, and the 100 simple moving average (4-hours).<\/p>\n

The next major support is near $0.350. If there is a downside break and close below the $0.350 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 gaining 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 $0.381, $0.365 and $0.350.<\/p>\n

Major Resistance Levels \u2013 $0.415, $0.438 and $0.480.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Ripple is showing positive signs above the $0.365 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.48 level.<\/em><\/p>\n

Ripple is slowly moving higher and trading above $0.35 against the US dollar.
\nThe price is now trading above $0.380 and the 100 simple moving average (4-hours).
\nThere is a key bullish trend line forming with support near $0.381 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 $0.415 resistance zone.<\/p>\n

Ripple Price Eyes Upside Break<\/h2>\n

After a strong decline, ripple\u2019s XRP found support near the $0.320 zone<\/a> against the US Dollar. The price started a decent increase above the $0.332 and $0.350 resistance levels.<\/p>\n

The bulls were able to lift the price above the 23.6% Fib retracement level of the key drop from the $0.5098 swing high to $0.3200 swing low. xrp price is now trading above $0.380 and the 100 simple moving average (4-hours)<\/a>. There is also a key bullish trend line forming with support near $0.381 on the 4-hours chart of the XRP\/USD pair.<\/p>\n

It seems to be facing a major resistance near the $0.415 level. It is close to the 50% Fib retracement level of the key drop from the $0.5098 swing high to $0.3200 swing low. The next major resistance is near the $0.438 level.<\/p>\n

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

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

A successful break above the $0.438 resistance might send the price towards the $0.465 resistance. The next key resistance is near the $0.480 level. Any more gains might send the price towards the $0.50 level in the coming days.<\/p>\n

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

If ripple fails to clear the $0.415 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.381 level, the trend line, and the 100 simple moving average (4-hours).<\/p>\n

The next major support is near $0.350. If there is a downside break and close below the $0.350 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 gaining 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 $0.381, $0.365 and $0.350.<\/p>\n

Major Resistance Levels \u2013 $0.415, $0.438 and $0.480.<\/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-13016","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\/13016","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=13016"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/13016\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=13016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=13016"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=13016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}