{"id":553856,"date":"2023-10-03T05:54:07","date_gmt":"2023-10-03T05:54:07","guid":{"rendered":"https:\/\/ktsl888.com\/?p=553856"},"modified":"2024-06-11T08:01:13","modified_gmt":"2024-06-11T08:01:13","slug":"xrp-price-prediction-0-55-2","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-0-55-2\/","title":{"rendered":"XRP Price Prediction \u2013 Why Bulls May Have A Chance For Fresh Bullish Streak?"},"content":{"rendered":"<p><em>Ripple\u2019s token price is correcting gains from $0.550 against the US Dollar. XRP price could start a fresh bullish wave unless there is a close below $0.50.<\/em><\/p>\n<ul>\n<li>Ripple\u2019s token price is correcting gains from the 0.550 resistance against the US dollar.<\/li>\n<li>The price is now trading above $0.505 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a key bullish trend line forming with support near $0.504 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair might start a fresh increase if it stays above the $0.500 and $0.490 support levels.<\/li>\n<\/ul>\n<h2>Ripple\u2019s Token Price Holds Key Support<\/h2>\n<p>In the last XRP price prediction, we discussed a decent increase against the US Dollar. The price remained well-bid above the $0.520 level and climbed further higher, like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-sees-correction-27250\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-trims-gains-1620\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>The price surpassed the $0.532 resistance and tested $0.550. A high was formed near $0.5493 and the price saw a downside correction. There was a move below $0.532 and $0.525. There was a break below the 50% Fib retracement level of the upward move from the $0.4907 swing low to the $0.5493 high.<\/p>\n<p>However, XRP is still trading above $0.505 and the 100 simple moving average (4 hours). Besides, there is a key bullish trend line forming with support near $0.504 on the 4-hour chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-553857\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?resize=1024%2C458\" alt=\"XRP Price Prediction\" width=\"1024\" height=\"458\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=1950 1950w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP_Price.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/p>\n<p>On the upside, immediate resistance is near the $0.515 level. Besides, there is a connecting bearish trend line at $0.520. A close above the $0.520 level could send the price toward the $0.532 barrier. A successful break above the $0.532 resistance level might start a strong increase toward the $0.550 resistance. Any more gains might send XRP toward the $0.580 resistance.<\/p>\n<h2>More Losses in XRP?<\/h2>\n<p>If ripple fails to clear the $0.532 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5065 zone and the 100 simple moving average (4 hours).<\/p>\n<p>The next major support is at $0.500. If there is a downside break and a close below the $0.500 level, XRP\u2019s price could extend losses. In the stated case, the price could retest the $0.475 support zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.505, $0.500, and $0.490.<\/p>\n<p>Major Resistance Levels \u2013 $0.520, $0.532, and $0.550.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u2019s token price is correcting gains from $0.550 against the US Dollar. XRP price could start a fresh bullish wave unless there is a close below $0.50. Ripple\u2019s token price is correcting gains from the 0.550 resistance against the US dollar. The price is now trading above $0.505 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.504 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $0.500 and $0.490 support levels. Ripple\u2019s Token Price Holds Key Support In the last XRP price prediction, we discussed a decent increase against the US Dollar. The price remained well-bid above the $0.520 level and climbed further higher, like Bitcoin and Ethereum. The price surpassed the $0.532 resistance and tested $0.550. A high was formed near $0.5493 and the price saw a downside correction. There was a move below $0.532 and $0.525. There was a break below the 50% Fib retracement level of the upward move from the $0.4907 swing low to the $0.5493 high. However, XRP is still trading above $0.505 and the 100 simple moving average (4 hours). Besides, there is a key bullish trend line forming with support near $0.504 on the 4-hour chart of the XRP\/USD pair. Source: XRPUSD on TradingView.com On the upside, immediate resistance is near the $0.515 level. Besides, there is a connecting bearish trend line at $0.520. A close above the $0.520 level could send the price toward the $0.532 barrier. A successful break above the $0.532 resistance level might start a strong increase toward the $0.550 resistance. Any more gains might send XRP toward the $0.580 resistance. More Losses in XRP? If ripple fails to clear the $0.532 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5065 zone and the 100 simple moving average (4 hours). The next major support is at $0.500. If there is a downside break and a close below the $0.500 level, XRP\u2019s price could extend losses. In the stated case, the price could retest the $0.475 support zone. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $0.505, $0.500, and $0.490. Major Resistance Levels \u2013 $0.520, $0.532, and $0.550.<\/p>\n","protected":false},"author":67,"featured_media":461827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[3680,74937,10972,78763],"class_list":["post-553856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Prediction \u2013 Why Bulls May Have A Chance For Fresh Bullish Streak?<\/title>\n<meta name=\"description\" content=\"Ripple\u2019s token price is correcting gains from $0.550 against the US Dollar. 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