{"id":605720,"date":"2024-04-30T05:34:47","date_gmt":"2024-04-30T05:34:47","guid":{"rendered":"https:\/\/ktsl888.com\/?p=605720"},"modified":"2024-06-11T11:01:45","modified_gmt":"2024-06-11T11:01:45","slug":"xrp-price-prediction-0-50","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-0-50\/","title":{"rendered":"XRP Price Prediction &#8211; Will Bearish Trend Push Prices Under $0.50?"},"content":{"rendered":"<p><em>XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support.<\/em><\/p>\n<ul>\n<li>XRP is attempting a fresh increase and facing hurdles near $0.520.<\/li>\n<li>The price is now trading near $0.5150 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could gain bullish momentum if there is a close above the $0.520 resistance.<\/li>\n<\/ul>\n<h2>XRP Price Aims Upside Break<\/h2>\n<p>Recently, XRP price climbed above the <a href=\"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-reclaims-0-50\/\" target=\"_blank\" rel=\"noopener \">$0.550 resistance<\/a> and tested $0.570. A high was formed at $0.5705 before there was a pullback like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-bounces-back-64500\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and Ethereum. The price dipped below the $0.5250 support zone.<\/p>\n<p>It even spiked below $0.500 and tested $0.4980. A low was formed at $0.4990 and the price is now consolidating near the 23.6% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. It also trades near $0.5150 and the 100 simple moving average (4 hours).<\/p>\n<p>Immediate resistance is near the $0.520 level. There is also a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-605721\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?resize=1024%2C461\" alt=\"XRP Price Prediction\" width=\"1024\" height=\"461\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/XRP_Price_6e2a2f.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>The next key resistance is near $0.5350 or the 50% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. A close above the $0.5350 resistance zone could spark a strong increase. The next key resistance is near $0.570. If the bulls remain in action above the $0.570 resistance level, there could be a rally toward the $0.620 resistance. Any more gains might send the price toward the $0.680 resistance.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $0.520 resistance zone, it could start another decline. Initial support on the downside is near the $0.500 level.<\/p>\n<p>The next major support is at $0.490. If there is a downside break and a close below the $0.490 level, the price might accelerate lower. In the stated case, the price could retest the $0.460 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 near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.500, $0.4990, and $0.460.<\/p>\n<p>Major Resistance Levels \u2013 $0.520, $0.5350, and $0.570.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support. XRP is attempting a fresh increase and facing hurdles near $0.520. The price is now trading near $0.5150 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above the $0.520 resistance. XRP Price Aims Upside Break Recently, XRP price climbed above the $0.550 resistance and tested $0.570. A high was formed at $0.5705 before there was a pullback like Bitcoin and Ethereum. The price dipped below the $0.5250 support zone. It even spiked below $0.500 and tested $0.4980. A low was formed at $0.4990 and the price is now consolidating near the 23.6% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. It also trades near $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.520 level. There is also a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP\/USD pair. Source: XRPUSD on TradingView.com The next key resistance is near $0.5350 or the 50% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. A close above the $0.5350 resistance zone could spark a strong increase. The next key resistance is near $0.570. If the bulls remain in action above the $0.570 resistance level, there could be a rally toward the $0.620 resistance. Any more gains might send the price toward the $0.680 resistance. More Losses? If XRP fails to clear the $0.520 resistance zone, it could start another decline. Initial support on the downside is near the $0.500 level. The next major support is at $0.490. If there is a downside break and a close below the $0.490 level, the price might accelerate lower. In the stated case, the price could retest the $0.460 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 near the 50 level. Major Support Levels \u2013 $0.500, $0.4990, and $0.460. Major Resistance Levels \u2013 $0.520, $0.5350, and $0.570.<\/p>\n","protected":false},"author":67,"featured_media":451852,"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-605720","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 - Will Bearish Trend Push Prices Under $0.50?<\/title>\n<meta name=\"description\" content=\"XRP price is struggling to recover above the $0.520 resistance. 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