{"id":508460,"date":"2022-11-15T05:38:51","date_gmt":"2022-11-15T05:38:51","guid":{"rendered":"https:\/\/ktsl888.com\/?p=508460"},"modified":"2024-06-11T08:02:05","modified_gmt":"2024-06-11T08:02:05","slug":"xrp-price-rallies-15-pc","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-rallies-15-pc\/","title":{"rendered":"XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum"},"content":{"rendered":"<p><em>Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance.<\/em><\/p>\n<ul>\n<li>Ripple started a fresh increase from the key $0.320 support zone against the US dollar.<\/li>\n<li>The price is now trading below $0.400 and the 100 simple moving average (4-hours).<\/li>\n<li>There is a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start a strong increase if it clears the $0.38 resistance zone.<\/li>\n<\/ul>\n<h2>Ripple Price Starts Fresh Increase<\/h2>\n<p>After a sharp decline, ripple\u2019s XRP found support near $0.320 against the US Dollar. The bears made two attempts to push the price below the $0.32 support, but they failed.<\/p>\n<p>The recent low was formed near $0.32 before there was a fresh increase. XRP price climbed over 15% and cleared the $0.35 resistance, outperforming <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-consolidates-17k-key\/\" target=\"_blank\" rel=\"noopener \">bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-recovery-1300\/\" target=\"_blank\" rel=\"noopener \">ethereum<\/a>. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low.<\/p>\n<p>The price gained pace for a move above the $0.360 resistance. However, it is now trading below $0.400 and the 100 simple moving average (4-hours). It is now facing hurdles near $0.380. There is also a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-508461\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?resize=1834%2C845\" alt=\"XRP Price\" width=\"1834\" height=\"845\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?w=1834 1834w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/XRP_Price.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/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>A successful break above the $0.380 and $0.385 resistance levels could spark another rally. The next key resistance is near the $0.415 level. It is near the 50% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. Any more gains might send the price towards the $0.44 level.<\/p>\n<h2>Dips Limited in XRP?<\/h2>\n<p>If ripple fails to clear the $0.380 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.365 level.<\/p>\n<p>The next major support is near $0.342. If there is a downside break and close below the $0.342 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support.<\/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 $0.365, $0.342 and $0.320.<\/p>\n<p>Major Resistance Levels \u2013 $0.380, $0.385 and $0.415.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance. Ripple started a fresh increase from the key $0.320 support zone against the US dollar. The price is now trading below $0.400 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair (data source from Kraken). The pair could start a strong increase if it clears the $0.38 resistance zone. Ripple Price Starts Fresh Increase After a sharp decline, ripple\u2019s XRP found support near $0.320 against the US Dollar. The bears made two attempts to push the price below the $0.32 support, but they failed. The recent low was formed near $0.32 before there was a fresh increase. XRP price climbed over 15% and cleared the $0.35 resistance, outperforming bitcoin and ethereum. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. The price gained pace for a move above the $0.360 resistance. However, it is now trading below $0.400 and the 100 simple moving average (4-hours). It is now facing hurdles near $0.380. There is also a major bearish trend line forming with resistance near $0.380 on the 4-hours chart of the XRP\/USD pair. Source: XRPUSD on TradingView.com A successful break above the $0.380 and $0.385 resistance levels could spark another rally. The next key resistance is near the $0.415 level. It is near the 50% Fib retracement level of the downward move from the $0.5099 swing high to $0.3200 swing low. Any more gains might send the price towards the $0.44 level. Dips Limited in XRP? If ripple fails to clear the $0.380 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.365 level. The next major support is near $0.342. If there is a downside break and close below the $0.342 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support. 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 $0.365, $0.342 and $0.320. Major Resistance Levels \u2013 $0.380, $0.385 and $0.415.<\/p>\n","protected":false},"author":67,"featured_media":508462,"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":[3680,4531,74937,10972,83345,78763],"class_list":["post-508460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdc","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum<\/title>\n<meta name=\"description\" content=\"Ripple started a strong increase above the $0.350 resistance against the US Dollar. 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