The XRP price has increased significantly in the past 24 hours. The coin registered over 10% growth in the past day.<\/p>\n
Over the last week, the coin brought in 10% appreciation as well. Overall, XRP bulls seemed to take control of the charts.<\/p>\n
The coin could slowly attempt to trade near its next resistance mark, and with growing demand, it could get past that price mark.<\/p>\n
The support zone for that price rested between $0.43 and $0.39, respectively. It is important for XRP to get back up to $0.51, which has been acting as a rigid price ceiling for the coin.<\/p>\n
Once XRP moves up beyond $0.51, the coin will strengthen its bullish move. The technical indicator of the coin has signalled an increased bullish momentum.<\/p>\n
The buyers have returned to the market, albeit with a decline. The decrease in selling strength will help XRP to move past the $0.51 level.<\/p>\n
The global cryptocurrency market cap today is $978 billion, with a 2.2% positive change in the last 24 hours.<\/p>\n
XRP Price Analysis: One Day Chart The altcoin was trading at $0.43 at the time of writing. XRP price had rallied sharply to $0.56 and then retraced on its chart.<\/p>\n Over the past day, however, the coin started to move up on its chart. The immediate resistance for the coin stood at $0.51 and then at $0.56.<\/p>\n On the other hand, the support line was at $0.41 and a fall from that level would cause the XRP price to dip to $0.34. That would make the bears stronger in the market.<\/p>\n The amount of XRP that was traded in the last session showed signs of decline, which indicated that buying strength might have dipped on the chart.<\/p>\n Technical Analysis The altcoin was still controlled by the bulls on the one chart. The coin had gone through a pullback, which is why buying strength also fell on its chart.<\/p>\n The Relative Strength Index was above the half-line, and that indicated an increased number of buyers as compared to sellers. If demand falls, the sellers can take over at any moment.<\/p>\n The XRP price was above the 20-SMA line as well as 50-SMA, which indicated that demand was still quite high for the coin. It means that buyers were in control of the price momentum in the market.<\/p>\n XRP displayed buy signal on the one-day chart | Source: XRPUSD on TradingView<\/a><\/p>\n Other indicators also continued to display that buyers were present in the market. The Moving Average Convergence Divergence depicts the price momentum and overall price action of the coin.<\/p>\n MACD was positive with green signal bars, and that meant buy signal for the coin. The green signals were receding, which could mean that there might be a price pullback over the next trading sessions.<\/p>\n Bollinger Bands indicate price volatility and fluctuations. The bands widened, which is a signal that there could be heavy price volatility over the next trading sessions.<\/p>\n Featured image from NationalWorld, Charts from TradingView.com<\/a><\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n The XRP price has increased significantly in the past 24 hours. The coin registered over 10% growth in the past day.<\/p>\n Over the last week, the coin brought in 10% appreciation as well. Overall, XRP bulls seemed to take control of the charts.<\/p>\n The coin could slowly attempt to trade near its next resistance mark, and with growing demand, it could get past that price mark.<\/p>\n The support zone for that price rested between $0.43 and $0.39, respectively. It is important for XRP to get back up to $0.51, which has been acting as a rigid price ceiling for the coin.<\/p>\n Once XRP moves up beyond $0.51, the coin will strengthen its bullish move. The technical indicator of the coin has signalled an increased bullish momentum.<\/p>\n The buyers have returned to the market, albeit with a decline. The decrease in selling strength will help XRP to move past the $0.51 level.<\/p>\n The global cryptocurrency market cap today is $978 billion, with a 2.2% positive change in the last 24 hours.<\/p>\n XRP Price Analysis: One Day Chart The altcoin was trading at $0.43 at the time of writing. XRP price had rallied sharply to $0.56 and then retraced on its chart.<\/p>\n Over the past day, however, the coin started to move up on its chart. The immediate resistance for the coin stood at $0.51 and then at $0.56.<\/p>\n On the other hand, the support line was at $0.41 and a fall from that level would cause the XRP price to dip to $0.34. That would make the bears stronger in the market.<\/p>\n The amount of XRP that was traded in the last session showed signs of decline, which indicated that buying strength might have dipped on the chart.<\/p>\n Technical Analysis The altcoin was still controlled by the bulls on the one chart. The coin had gone through a pullback, which is why buying strength also fell on its chart.<\/p>\n The Relative Strength Index was above the half-line, and that indicated an increased number of buyers as compared to sellers. If demand falls, the sellers can take over at any moment.<\/p>\n The XRP price was above the 20-SMA line as well as 50-SMA, which indicated that demand was still quite high for the coin. It means that buyers were in control of the price momentum in the market.<\/p>\n
\nXRP was priced at $0.43 on the one-day chart | Source: XRPUSD on TradingView<\/a><\/p>\n
\nXRP displayed more buying strength compared to selling strength on the one-day chart | Source: XRPUSD on TradingView<\/a><\/p>\n
\nXRP was priced at $0.43 on the one-day chart | Source: XRPUSD on TradingView<\/a><\/p>\n
\nXRP displayed more buying strength compared to selling strength on the one-day chart | Source: XRPUSD on TradingView<\/a><\/p>\n