{"id":406580,"date":"2019-12-09T04:28:34","date_gmt":"2019-12-09T04:28:34","guid":{"rendered":"https:\/\/ktsl888.com\/?p=406580"},"modified":"2024-06-11T13:15:34","modified_gmt":"2024-06-11T13:15:34","slug":"ripple-xrp-price-poised-for-further-gains-bitcoin-rising","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple-xrp-price-poised-for-further-gains-bitcoin-rising\/","title":{"rendered":"Ripple (XRP) Price Poised For Further Gains, Bitcoin Rising"},"content":{"rendered":"<ul>\n<li>Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar.<\/li>\n<li>The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels.<\/li>\n<li>There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li><a href=\"https:\/\/ktsl888.com\/2019\/12\/09\/ethereum-eth-eye-bullish-break\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a> is approaching the $152 resistance, above which it could rally.<\/li>\n<\/ul>\n<p><em>Ripple price is showing a lot of positive signs against the US Dollar, similar to bitcoin. XRP price remains well supported and it could rally above $0.2320.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<p>In the past few days, there was a steady rise in ripple price from the $0.2150 support area against the US Dollar. XRP price gained pace above the $0.2180 and $0.2200 resistance levels.<\/p>\n<p>Moreover, there was a close above the <a href=\"https:\/\/ktsl888.com\/2019\/12\/06\/ripple-xrp-price-primed-for-further-upsides\/\" target=\"_blank\" rel=\"noopener noreferrer \">$0.2240 resistance<\/a> and the 100 hourly simple moving average. It opened the doors for more gains and the price climbed above the $0.2280 and $0.2300 levels.<\/p>\n<p>However, the price seems to be facing a strong resistance near the $0.2320 area. A high was formed near $0.2326 and the price is currently correcting lower. It already traded below the 23.6% Fib retracement level of the recent wave from the $0.2240 low to $0.2326 high.<\/p>\n<p>Ripple is currently testing the $0.2280 support area. Besides, the 50% Fib retracement level of the recent wave from the $0.2240 low to $0.2326 high is near the $0.2283 level.<\/p>\n<p>More importantly, there is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP\/USD pair. Additionally, the trend line coincides with the 61.8% Fib retracement level of the recent wave from the $0.2240 low to $0.2326 high.<\/p>\n<p>Therefore, the price is likely to find a strong support near the $0.2240 zone. If there is a downside break below $0.2240, the price could correct substantially and it might test the $0.2180 level.<\/p>\n<p>On the upside, an immediate resistance is near the $0.2300 level. The main resistance area is near the $0.2320 level, above which the price could continue to rise towards the $0.2350 and $0.2400 resistance levels in the coming sessions.<\/p>\n<figure id=\"attachment_406581\" aria-describedby=\"caption-attachment-406581\" style=\"width: 1828px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-406581\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?resize=1828%2C868\" alt=\"Ripple Price \" width=\"1828\" height=\"868\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=1828 1828w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/12\/Ripple-Price-5.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-406581\" class=\"wp-caption-text\">Ripple Price<\/figcaption><\/figure>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, ripple price is trading with a bullish bias above the $0.2240 support area. As long as there is no close below $0.2240, there are high chances of a strong upward move above the $0.2320 and $0.2350 levels.<\/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 correcting lower and it is near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.2280, $0.2240 and $0.2180.<\/p>\n<p>Major Resistance Levels \u2013 $0.2300, $0.2320 and $0.2350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar. The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels. There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP\/USD pair (data source from Kraken). Ethereum is approaching the $152 resistance, above which it could rally. Ripple price is showing a lot of positive signs against the US Dollar, similar to bitcoin. XRP price remains well supported and it could rally above $0.2320. Ripple Price Analysis In the past few days, there was a steady rise in ripple price from the $0.2150 support area against the US Dollar. XRP price gained pace above the $0.2180 and $0.2200 resistance levels. Moreover, there was a close above the $0.2240 resistance and the 100 hourly simple moving average. It opened the doors for more gains and the price climbed above the $0.2280 and $0.2300 levels. However, the price seems to be facing a strong resistance near the $0.2320 area. A high was formed near $0.2326 and the price is currently correcting lower. It already traded below the 23.6% Fib retracement level of the recent wave from the $0.2240 low to $0.2326 high. Ripple is currently testing the $0.2280 support area. Besides, the 50% Fib retracement level of the recent wave from the $0.2240 low to $0.2326 high is near the $0.2283 level. More importantly, there is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP\/USD pair. Additionally, the trend line coincides with the 61.8% Fib retracement level of the recent wave from the $0.2240 low to $0.2326 high. Therefore, the price is likely to find a strong support near the $0.2240 zone. If there is a downside break below $0.2240, the price could correct substantially and it might test the $0.2180 level. On the upside, an immediate resistance is near the $0.2300 level. The main resistance area is near the $0.2320 level, above which the price could continue to rise towards the $0.2350 and $0.2400 resistance levels in the coming sessions. Looking at the chart, ripple price is trading with a bullish bias above the $0.2240 support area. As long as there is no close below $0.2240, there are high chances of a strong upward move above the $0.2320 and $0.2350 levels. 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 correcting lower and it is near the 50 level. Major Support Levels \u2013 $0.2280, $0.2240 and $0.2180. Major Resistance Levels \u2013 $0.2300, $0.2320 and $0.2350.<\/p>\n","protected":false},"author":67,"featured_media":166442,"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-406580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple (XRP) Price Poised For Further Gains, Bitcoin Rising<\/title>\n<meta name=\"description\" content=\"Ripple price is showing a lot of positive signs against the US Dollar, similar to bitcoin. 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