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{"id":558539,"date":"2023-11-01T05:18:52","date_gmt":"2023-11-01T05:18:52","guid":{"rendered":"https:\/\/ktsl888.com\/?p=558539"},"modified":"2024-06-11T08:01:39","modified_gmt":"2024-06-11T08:01:39","slug":"xrp-price-prediction-rally-0-62","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-rally-0-62\/","title":{"rendered":"XRP Price Prediction \u2013 A Strengthening Case For Rally Above $0.62"},"content":{"rendered":"

XRP price is correcting gains from the $0.620 resistance against the US Dollar. The price might test the $0.5760 support, where the bulls could take a stand.<\/em><\/p>\n

\n
XRP started a strong increase above the $0.580 resistance.<\/li>\n
The price is now trading above $0.585 and the 100 simple moving average (4 hours).<\/li>\n
There is a major bullish trend line forming with support near $0.5760 on the 4-hour chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair might correct further lower, but the bulls could remain active near $0.5760.<\/li>\n<\/ul>\n
XRP Price Remains In Uptrend<\/h2>\n
After forming a base above the $0.532 level, XRP started a fresh rally. There was a strong move above the $0.555 and $0.565 resistance levels. It even outperformed Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
A high was formed near $0.6204 and the price is now correcting gains. There was a decline below the $0.600 level. The price even moved below the 23.6% Fib retracement level of the upward move from the $0.5316 swing low to the $0.6204 high.<\/p>\n
XRP is now trading above $0.585 and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.5760 on the 4-hour chart.<\/p>\n
$\"XRP$ <\/a><\/p>\n
Source: XRPUSD on TradingView.com<\/a><\/p>\n
On the upside, immediate resistance is near the $0.5950 level. The first major resistance is $0.600. A close above the $0.600 level could send the price toward the $0.620 resistance. If the bulls remain in action above the $0.620 resistance level, there could be a rally toward the $0.650 resistance. Any more gains might send XRP toward the $0.665 resistance.<\/p>\n
Are Dips Supported?<\/h2>\n
If XRP fails to clear the $0.600 resistance zone, it could continue to move down. Initial support on the downside is near the $0.576 zone and the trend line.<\/p>\n
The trend line is near the 50% Fib retracement level of the upward move from the $0.5316 swing low to the $0.6204 high. The next major support is at $0.5650. If there is a downside break and a close below the $0.5650 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.532 support zone.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for XRP\/USD is now losing pace in the bullish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.576, $0.565, and $0.532.<\/p>\n
Major Resistance Levels \u2013 $0.600, $0.620, and $0.650.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price is correcting gains from the $0.620 resistance against the US Dollar. The price might test the $0.5760 support, where the bulls could take a stand. XRP started a strong increase above the $0.580 resistance. The price is now trading above $0.585 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.5760 on the 4-hour chart of the XRP\/USD pair (data source from Kraken). The pair might correct further lower, but the bulls could remain active near $0.5760. XRP Price Remains In Uptrend After forming a base above the $0.532 level, XRP started a fresh rally. There was a strong move above the $0.555 and $0.565 resistance levels. It even outperformed Bitcoin and Ethereum. A high was formed near $0.6204 and the price is now correcting gains. There was a decline below the $0.600 level. The price even moved below the 23.6% Fib retracement level of the upward move from the $0.5316 swing low to the $0.6204 high. XRP is now trading above $0.585 and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.5760 on the 4-hour chart. Source: XRPUSD on TradingView.com On the upside, immediate resistance is near the $0.5950 level. The first major resistance is $0.600. A close above the $0.600 level could send the price toward the $0.620 resistance. If the bulls remain in action above the $0.620 resistance level, there could be a rally toward the $0.650 resistance. Any more gains might send XRP toward the $0.665 resistance. Are Dips Supported? If XRP fails to clear the $0.600 resistance zone, it could continue to move down. Initial support on the downside is near the $0.576 zone and the trend line. The trend line is near the 50% Fib retracement level of the upward move from the $0.5316 swing low to the $0.6204 high. The next major support is at $0.5650. If there is a downside break and a close below the $0.5650 level, XRP price might accelerate lower. In the stated case, the price could retest the $0.532 support zone. Technical Indicators 4-Hours MACD \u2013 The MACD for XRP\/USD is now losing 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 $0.576, $0.565, and $0.532. Major Resistance Levels \u2013 $0.600, $0.620, and $0.650.<\/p>\n","protected":false},"author":67,"featured_media":463280,"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-558539","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 Strengthening Case For Rally Above $0.62<\/title>\n<meta name=\"description\" content=\"XRP price is correcting gains from the $0.620 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 Strengthening Case For Rally Above $0.62","url":"http:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-rally-0-62\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-rally-0-62\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/shutterstock_214581778.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/shutterstock_214581778.jpg?fit=1000%2C667"},"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":"2023-11-01T05:18:52Z","datePublished":"2023-11-01T05:18:52Z","dateModified":"2024-06-11T08:01:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Prediction \\u2013 A Strengthening Case For Rally Above $0.62\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/xrp-price-prediction-rally-0-62\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/xrp-price-prediction-rally-0-62\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/shutterstock_214581778.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/shutterstock_214581778.jpg?fit=1000%2C667\"},\"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\":\"2023-11-01T05:18:52Z\",\"datePublished\":\"2023-11-01T05:18:52Z\",\"dateModified\":\"2024-06-11T08:01:39Z\"}<\/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\/2021\/05\/shutterstock_214581778.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/558539","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=558539"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/558539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/463280"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=558539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=558539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=558539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}