{"id":15797,"date":"2023-01-11T07:04:40","date_gmt":"2023-01-11T11:04:40","guid":{"rendered":"https:\/\/cryptocornercafe.com\/cafe\/?p=15797"},"modified":"2023-01-11T07:04:40","modified_gmt":"2023-01-11T11:04:40","slug":"xrp-price-prediction-bulls-could-aim-0-4-or-higher","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/01\/11\/xrp-price-prediction-bulls-could-aim-0-4-or-higher\/","title":{"rendered":"XRP Price Prediction: Bulls Could Aim $0.4 or Higher"},"content":{"rendered":"

Ripple is gaining pace above the $0.350 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.3720 resistance zone.<\/em><\/p>\n

Ripple is currently rising above the $0.35 resistance 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 crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could rise further higher if there is a clear move above the $0.3720 resistance zone.<\/p>\n

Ripple Price Extends Gains<\/h2>\n

After a sharp decline, ripple\u2019s XRP found support near the $0.3000 zone against the US Dollar. The price formed a base above the $0.3050 level before it started a recovery wave.<\/p>\n

There was a decent increase above the $0.3250 and $0.3300 resistance levels. Besides, there was a break above a crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP\/USD pair. The upward move gained pace above the $0.350 level.<\/p>\n

The price is now trading above the 76.4% Fib retracement level of the main drop from the $0.3727 swing high to $0.3009 low. It is also trading above $0.350 and the 100 simple moving average (4-hours), outperforming bitcoin<\/a> and ethereum<\/a>.<\/p>\n

An immediate resistance is near the $0.372 zone. The next key resistance is near the $0.390 level. It is near the 1.236 Fib extension level of the main drop from the $0.3727 swing high to $0.3009 low.<\/p>\n

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

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

A successful break above the $0.390 resistance might send the price towards the $0.400 resistance. Any more gains might send the price towards the $0.432 level in the coming days.<\/p>\n

Fresh Decline in XRP?<\/h2>\n

If ripple fails to clear the $0.372 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.355 level.<\/p>\n

The next major support is near $0.345 and the 100 simple moving average (4-hours). 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 $0.325 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 $0.355, $0.345 and $0.325.<\/p>\n

Major Resistance Levels \u2013 $0.372, $0.390 and $0.400.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Ripple is gaining pace above the $0.350 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.3720 resistance zone.<\/em><\/p>\n

Ripple is currently rising above the $0.35 resistance 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 crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).
\nThe pair could rise further higher if there is a clear move above the $0.3720 resistance zone.<\/p>\n

Ripple Price Extends Gains<\/h2>\n

After a sharp decline, ripple\u2019s XRP found support near the $0.3000 zone against the US Dollar. The price formed a base above the $0.3050 level before it started a recovery wave.<\/p>\n

There was a decent increase above the $0.3250 and $0.3300 resistance levels. Besides, there was a break above a crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP\/USD pair. The upward move gained pace above the $0.350 level.<\/p>\n

The price is now trading above the 76.4% Fib retracement level of the main drop from the $0.3727 swing high to $0.3009 low. It is also trading above $0.350 and the 100 simple moving average (4-hours), outperforming bitcoin<\/a> and ethereum<\/a>.<\/p>\n

An immediate resistance is near the $0.372 zone. The next key resistance is near the $0.390 level. It is near the 1.236 Fib extension level of the main drop from the $0.3727 swing high to $0.3009 low.<\/p>\n

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

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

A successful break above the $0.390 resistance might send the price towards the $0.400 resistance. Any more gains might send the price towards the $0.432 level in the coming days.<\/p>\n

Fresh Decline in XRP?<\/h2>\n

If ripple fails to clear the $0.372 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.355 level.<\/p>\n

The next major support is near $0.345 and the 100 simple moving average (4-hours). 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 $0.325 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 $0.355, $0.345 and $0.325.<\/p>\n

Major Resistance Levels \u2013 $0.372, $0.390 and $0.400.<\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-15797","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\/15797","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=15797"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/15797\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=15797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=15797"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=15797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}