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{"id":666294,"date":"2024-12-23T04:08:29","date_gmt":"2024-12-23T04:08:29","guid":{"rendered":"https:\/\/ktsl888.com\/?p=666294"},"modified":"2024-12-23T03:22:16","modified_gmt":"2024-12-23T03:22:16","slug":"xrp-price-at-risk-2-0","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-at-risk-2-0\/","title":{"rendered":"XRP Price at Risk: Can Support Levels Hold?"},"content":{"rendered":"

XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone.<\/em><\/p>\n

\n
XRP price struggled to clear the $2.40 resistance zone.<\/li>\n
The price is now trading below $2.30 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair might continue to move down if it stays below the $2.30 resistance.<\/li>\n<\/ul>\n
XRP Price Faces Resistance At $2.40<\/h2>\n
XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin<\/a> and Ethereum<\/a>. However, the bears were active near the $2.38 and $2.40 levels. A high was formed at $2.38 and the price started a fresh decline.<\/p>\n
There was a move below the $2.30 and $2.25 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. There is also a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP\/USD pair.<\/p>\n
The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.25 level.<\/p>\n
$\"XRP$ <\/a>
Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620.<\/p>\n
More Downsides?<\/h2>\n
If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level or the 61.8% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. The next major support is near the $2.050 level.<\/p>\n
If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $2.120 and $2.050.<\/p>\n
Major Resistance Levels \u2013 $2.25 and $2.30.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone. XRP price struggled to clear the $2.40 resistance zone. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair might continue to move down if it stays below the $2.30 resistance. XRP Price Faces Resistance At $2.40 XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin and Ethereum. However, the bears were active near the $2.38 and $2.40 levels. A high was formed at $2.38 and the price started a fresh decline. There was a move below the $2.30 and $2.25 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. There is also a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP\/USD pair. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.25 level. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620. More Downsides? If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level or the 61.8% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. The next major support is near the $2.050 level. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $2.120 and $2.050. Major Resistance Levels \u2013 $2.25 and $2.30.<\/p>\n","protected":false},"author":67,"featured_media":666296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[3680,74937,10972,78763],"class_list":["post-666294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price at Risk: Can Support Levels Hold?<\/title>\n<meta name=\"description\" content=\"XRP price started a fresh decline from the $2.38 zone. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/ktsl888.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price at Risk: Can Support Levels Hold?","url":"http:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-at-risk-2-0\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-at-risk-2-0\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP-Risk.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP-Risk.jpg?fit=1792%2C1024"},"articleSection":"XRP","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","xrpbtc","xrpusd","xrpusdt"],"dateCreated":"2024-12-23T04:08:29Z","datePublished":"2024-12-23T04:08:29Z","dateModified":"2024-12-23T04:08:29Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price at Risk: Can Support Levels Hold?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/xrp\\\/xrp-price-at-risk-2-0\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/xrp\\\/xrp-price-at-risk-2-0\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/XRP-Risk.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/XRP-Risk.jpg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"xrpbtc\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-12-23T04:08:29Z\",\"datePublished\":\"2024-12-23T04:08:29Z\",\"dateModified\":\"2024-12-23T04:08:29Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP-Risk.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/666294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=666294"}],"version-history":[{"count":1,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/666294\/revisions"}],"predecessor-version":[{"id":666297,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/666294\/revisions\/666297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/666296"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=666294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=666294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=666294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}