{"id":368954,"date":"2019-01-23T05:00:00","date_gmt":"2019-01-23T05:00:00","guid":{"rendered":"https:\/\/ktsl888.com\/?p=368954"},"modified":"2024-06-11T13:33:07","modified_gmt":"2024-06-11T13:33:07","slug":"ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/","title":{"rendered":"Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs"},"content":{"rendered":"<ul>\n<li>Ripple price tested the $0.3050 support level and later bounced back above $0.3120 against the US dollar.<\/li>\n<li>There was a break above a major bearish trend line with resistance at $0.3160 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair is currently placed nicely above $0.3160, but it must break the $0.3220 resistance for more gains.<\/li>\n<\/ul>\n<p><em>Ripple price started a decent recovery against the US Dollar and Bitcoin. XRP\/USD is now facing a major hurdle near $0.3220 and the 100 hourly simple moving average.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>Recently, there was a sharp <a href=\"https:\/\/ktsl888.com\/2019\/01\/22\/ripple-price-analysis-xrps-recovery-could-face-major-hurdles\/\" target=\"_blank\" rel=\"noopener \">downside reaction<\/a> below the $0.3100 support level in ripple price against the US Dollar. The XRP\/USD pair declined below the $0.3080 support and tested the $0.3050 area. A new weekly low was formed at $0.3047 and later the price bounced back nicely. It climbed above the $0.3080, $0.3100 and $0.3130 resistance levels to move into a positive zone. There was even a break above the 76.4% Fib retracement level of the last drop from the $0.3217 high to $0.3047 low.<\/p>\n<p>Moreover, there was a break above a major bearish trend line with resistance at $0.3160 on the hourly chart of the XRP\/USD pair. The pair retested the $0.3217 swing high and the <a href=\"https:\/\/ktsl888.com\/2019\/01\/21\/ripple-price-analysis-xrp-poised-to-break-0-3000-support\/\" target=\"_blank\" rel=\"noopener \">100 hourly simple moving average<\/a>. However, there was no break above the $0.3220 resistance and the price is currently consolidating below the 100 hourly SMA. It seems like there could be a short term correction towards the $0.3160 or $0.3140 support levels. Later, the price may bounce back and attempt to surpass the $0.3220 barrier. The next stop for buyers could be near the $0.3320 level. It represents the 1.618 Fib extension level of the last drop from the $0.3217 high to $0.3047 low.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-368955\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?resize=1828%2C869\" alt=\"Ripple Price Analysis XRP Chart\" width=\"1828\" height=\"869\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=1828 1828w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/01\/Ripple-Price-12.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">chart<\/a>, ripple price is slowly moving into a positive zone above $0.3180. However, a clear break above the $0.3220 barrier is must for more gains in the near term.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is slowly moving into the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently well above the 50 level.<\/p>\n<p>Major Support Level \u2013 $0.3140<\/p>\n<p>Major Resistance Level \u2013 $0.3220<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price tested the $0.3050 support level and later bounced back above $0.3120 against the US dollar. There was a break above a major bearish trend line with resistance at $0.3160 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair is currently placed nicely above $0.3160, but it must break the $0.3220 resistance for more gains. Ripple price started a decent recovery against the US Dollar and Bitcoin. XRP\/USD is now facing a major hurdle near $0.3220 and the 100 hourly simple moving average. Ripple Price Analysis Recently, there was a sharp downside reaction below the $0.3100 support level in ripple price against the US Dollar. The XRP\/USD pair declined below the $0.3080 support and tested the $0.3050 area. A new weekly low was formed at $0.3047 and later the price bounced back nicely. It climbed above the $0.3080, $0.3100 and $0.3130 resistance levels to move into a positive zone. There was even a break above the 76.4% Fib retracement level of the last drop from the $0.3217 high to $0.3047 low. Moreover, there was a break above a major bearish trend line with resistance at $0.3160 on the hourly chart of the XRP\/USD pair. The pair retested the $0.3217 swing high and the 100 hourly simple moving average. However, there was no break above the $0.3220 resistance and the price is currently consolidating below the 100 hourly SMA. It seems like there could be a short term correction towards the $0.3160 or $0.3140 support levels. Later, the price may bounce back and attempt to surpass the $0.3220 barrier. The next stop for buyers could be near the $0.3320 level. It represents the 1.618 Fib extension level of the last drop from the $0.3217 high to $0.3047 low. Looking at the chart, ripple price is slowly moving into a positive zone above $0.3180. However, a clear break above the $0.3220 barrier is must for more gains in the near term. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is slowly moving into the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is currently well above the 50 level. Major Support Level \u2013 $0.3140 Major Resistance Level \u2013 $0.3220<\/p>\n","protected":false},"author":67,"featured_media":328928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[3680,4531],"class_list":["post-368954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs<\/title>\n<meta name=\"description\" content=\"Ripple price started a decent recovery against the US Dollar and Bitcoin. 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XRP\/USD is now facing a major hurdle near $0.3220 and the 100 hourly simple moving average.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-23T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:33:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs\",\"datePublished\":\"2019-01-23T05:00:00+00:00\",\"dateModified\":\"2024-06-11T13:33:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/\"},\"wordCount\":345,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp.jpg?fit=1200%2C600\",\"keywords\":[\"Ripple\",\"xrp\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/\",\"url\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/\",\"name\":\"Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ripple-price-analysis-xrp-buyers-target-fresh-weekly-highs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/04\/techanalysis-xrp.jpg?fit=1200%2C600\",\"datePublished\":\"2019-01-23T05:00:00+00:00\",\"dateModified\":\"2024-06-11T13:33:07+00:00\",\"description\":\"Ripple price started a decent recovery against the US Dollar and Bitcoin. 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