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{"id":554725,"date":"2023-10-10T05:08:54","date_gmt":"2023-10-10T05:08:54","guid":{"rendered":"https:\/\/ktsl888.com\/?p=554725"},"modified":"2024-06-11T08:01:36","modified_gmt":"2024-06-11T08:01:36","slug":"xrp-price-prediction-plunge-to-0-45","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-plunge-to-0-45\/","title":{"rendered":"XRP Price Prediction \u2013 A Plunge To $0.45 On The Horizon, Here\u2019s Why"},"content":{"rendered":"

XRP price started a fresh decline from the $0.550 resistance against the US Dollar. It could accelerate lower and revisit the $0.45 support.<\/em><\/p>\n

\n
Ripple\u2019s token price is declining from the 0.550 resistance against the US dollar.<\/li>\n
The price is now trading above $0.500 and the 100 simple moving average (4 hours).<\/li>\n
There is a major bearish trend line forming with resistance near $0.5065 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair might continue to move down if it breaks the $0.488 support zone.<\/li>\n<\/ul>\n
XRP Price Takes Hit<\/h2>\n
Recently, XRP made another attempt to clear the $0.550 resistance. However, the bulls failed to clear the $0.550 barrier. The price traded as high as $0.5510 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
There was a steady decline below the $0.532 and $0.525 levels. The price even declined below the $0.50 level and the 100 simple moving average (4 hours). Finally, it retested the $0.488 support zone. A low is formed near $0.4875 and the price is now consolidating losses.<\/p>\n
XRP is now trading above $0.500 and the 100 simple moving average (4 hours). There is also a major bearish trend line forming with resistance near $0.5065 on the 4-hour chart of the XRP\/USD pair. The trend line is near the 23.6% Fib retracement level of the recent decline from the $0.5510 swing high to the $0.4875 low.<\/p>\n
On the upside, immediate resistance is near the $0.505 level and the trend line. A close above the $0.505 level could send the price toward the $0.525 resistance or the 61.8% Fib retracement level of the recent decline from the $0.5510 swing high to the $0.4875 low.<\/p>\n
$\"XRP$ <\/a><\/p>\n
Source: XRPUSD on TradingView.com<\/a><\/p>\n
A successful break above the $0.525 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
More Losses?<\/h2>\n
If XRP fails to clear the $0.505 resistance zone, it could continue to move down. Initial support on the downside is near the $0.488 zone.<\/p>\n
The next major support is at $0.450. If there is a downside break and a close below the $0.450 level, XRP price might turn red. In the stated case, the price could retest the $0.420 support zone.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $0.488, $0.465, and $0.450.<\/p>\n
Major Resistance Levels \u2013 $0.505, $0.525, and $0.550.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price started a fresh decline from the $0.550 resistance against the US Dollar. It could accelerate lower and revisit the $0.45 support. Ripple\u2019s token price is declining from the 0.550 resistance against the US dollar. The price is now trading above $0.500 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.5065 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair might continue to move down if it breaks the $0.488 support zone. XRP Price Takes Hit Recently, XRP made another attempt to clear the $0.550 resistance. However, the bulls failed to clear the $0.550 barrier. The price traded as high as $0.5510 and started a fresh decline, like Bitcoin and Ethereum. There was a steady decline below the $0.532 and $0.525 levels. The price even declined below the $0.50 level and the 100 simple moving average (4 hours). Finally, it retested the $0.488 support zone. A low is formed near $0.4875 and the price is now consolidating losses. XRP is now trading above $0.500 and the 100 simple moving average (4 hours). There is also a major bearish trend line forming with resistance near $0.5065 on the 4-hour chart of the XRP\/USD pair. The trend line is near the 23.6% Fib retracement level of the recent decline from the $0.5510 swing high to the $0.4875 low. On the upside, immediate resistance is near the $0.505 level and the trend line. A close above the $0.505 level could send the price toward the $0.525 resistance or the 61.8% Fib retracement level of the recent decline from the $0.5510 swing high to the $0.4875 low. Source: XRPUSD on TradingView.com A successful break above the $0.525 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? If XRP fails to clear the $0.505 resistance zone, it could continue to move down. Initial support on the downside is near the $0.488 zone. The next major support is at $0.450. If there is a downside break and a close below the $0.450 level, XRP price might turn red. In the stated case, the price could retest the $0.420 support zone. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $0.488, $0.465, and $0.450. Major Resistance Levels \u2013 $0.505, $0.525, and $0.550.<\/p>\n","protected":false},"author":67,"featured_media":439256,"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-554725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Prediction \u2013 A Plunge To $0.45 On The Horizon, Here\u2019s Why<\/title>\n<meta name=\"description\" content=\"XRP price started a fresh decline from the 0.550 resistance against the US Dollar. 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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 Prediction \u2013 A Plunge To $0.45 On The Horizon, Here\u2019s Why","url":"http:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-plunge-to-0-45\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-plunge-to-0-45\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/09\/shutterstock_759711928.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/09\/shutterstock_759711928.jpg?fit=1000%2C562"},"articleSection":"Ripple","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":"2023-10-10T05:08:54Z","datePublished":"2023-10-10T05:08:54Z","dateModified":"2024-06-11T08:01:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Prediction \\u2013 A Plunge To $0.45 On The Horizon, Here\\u2019s Why\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/xrp-price-prediction-plunge-to-0-45\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/xrp-price-prediction-plunge-to-0-45\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/shutterstock_759711928.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/shutterstock_759711928.jpg?fit=1000%2C562\"},\"articleSection\":\"Ripple\",\"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\":\"2023-10-10T05:08:54Z\",\"datePublished\":\"2023-10-10T05:08:54Z\",\"dateModified\":\"2024-06-11T08:01:36Z\"}<\/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\/2020\/09\/shutterstock_759711928.jpg?fit=1000%2C562","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/554725"}],"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=554725"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/554725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/439256"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=554725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=554725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=554725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}