{"id":568667,"date":"2024-01-09T05:28:22","date_gmt":"2024-01-09T05:28:22","guid":{"rendered":"https:\/\/ktsl888.com\/?p=568667"},"modified":"2024-06-11T14:44:11","modified_gmt":"2024-06-11T14:44:11","slug":"xrp-price-prediction-this-resistance-is-the-key-to-next-rally","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-this-resistance-is-the-key-to-next-rally\/","title":{"rendered":"XRP Price Prediction \u2013 This Resistance Is The Key To Next Rally"},"content":{"rendered":"<p><em>XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance.<\/em><\/p>\n<ul>\n<li>XRP is attempting a fresh increase from the $0.4540 support level.<\/li>\n<li>The price is now trading below $0.5950 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair start a fresh rally if it clears the $0.600 and $0.608 resistance levels.<\/li>\n<\/ul>\n<h2>XRP Price Faces Hurdles<\/h2>\n<p>This past week, XRP price saw a sharp decline below the $0.550 level. The price declined below the $0.500 support and even spiked below $0.480. A low was formed near $0.4541, and the price is now moving higher, like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-rallies-48k-imminent\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-hurdle-2350\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>There was a move above the $0.500 and $0.520 resistance levels. The bears cleared the 61.8% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. However, the price is still below $0.5950 and the 100 simple moving average (4 hours).<\/p>\n<p>On the upside, immediate resistance is near the $0.595 zone or the 76.4% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. The first key resistance is near $0.600 and $0.608. There is also a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-568668\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?resize=1024%2C461\" alt=\"XRP Price Prediction\" width=\"1024\" height=\"461\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/XRP_Price-1.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>A close above the $0.6080 resistance zone could spark a strong increase. The next key resistance is near $0.640. If the bulls remain in action above the $0.640 resistance level, there could be a rally toward the $0.670 resistance. Any more gains might send the price toward the $0.700 resistance.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $0.608 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.550 zone.<\/p>\n<p>The next major support is at $0.520. If there is a downside break and a close below the $0.520 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.500 support zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.550, $0.520, and $0.500.<\/p>\n<p>Major Resistance Levels \u2013 $0.595, $0.600, and $0.608.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance. XRP is attempting a fresh increase from the $0.4540 support level. The price is now trading below $0.5950 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.600 and $0.608 resistance levels. XRP Price Faces Hurdles This past week, XRP price saw a sharp decline below the $0.550 level. The price declined below the $0.500 support and even spiked below $0.480. A low was formed near $0.4541, and the price is now moving higher, like Bitcoin and Ethereum. There was a move above the $0.500 and $0.520 resistance levels. The bears cleared the 61.8% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. However, the price is still below $0.5950 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.595 zone or the 76.4% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. The first key resistance is near $0.600 and $0.608. There is also a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP\/USD pair. Source: XRPUSD on TradingView.com A close above the $0.6080 resistance zone could spark a strong increase. The next key resistance is near $0.640. If the bulls remain in action above the $0.640 resistance level, there could be a rally toward the $0.670 resistance. Any more gains might send the price toward the $0.700 resistance. Another Drop? If XRP fails to clear the $0.608 resistance zone, it could start a fresh decline. Initial support on the downside is near the $0.550 zone. The next major support is at $0.520. If there is a downside break and a close below the $0.520 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.500 support zone. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $0.550, $0.520, and $0.500. Major Resistance Levels \u2013 $0.595, $0.600, and $0.608.<\/p>\n","protected":false},"author":67,"featured_media":448163,"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-568667","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 This Resistance Is The Key To Next Rally<\/title>\n<meta name=\"description\" content=\"XRP price is moving higher from the $0.4540 support. 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