{"id":637220,"date":"2024-08-22T12:18:03","date_gmt":"2024-08-22T12:18:03","guid":{"rendered":"https:\/\/ktsl888.com\/?p=637220"},"modified":"2024-08-22T11:45:26","modified_gmt":"2024-08-22T11:45:26","slug":"xrp-price-rise-0-6120","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-rise-0-6120\/","title":{"rendered":"XRP Price Poised for Steady Rise: Can It Maintain Its Uptrend?"},"content":{"rendered":"<p><em>XRP price is consolidating gains above the $0.5850 level. The price could start a major increase if it clears the $0.6150 resistance zone.<\/em><\/p>\n<ul>\n<li>XRP price is eyeing a fresh increase from the $0.5850 level.<\/li>\n<li>The price is now trading above $0.5980 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $0.600 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start a fresh increase if it clears the $0.6150 resistance zone.<\/li>\n<\/ul>\n<h2>XRP Price Aims Higher<\/h2>\n<p>XRP price formed a base above the $0.5850 level. The price started a steady increase above the $0.5880 and $0.5920 levels like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-aims-62k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-climb-2650\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>There is a bullish continuation pattern forming from the $0.5850 level. The price gained pace for a move above the 50% Fib retracement level of the downward move from the $0.6149 swing high to the $0.5853 low. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average.<\/p>\n<p>There is also a connecting bullish trend line forming with support at $0.600 on the hourly chart of the XRP\/USD pair. If there is an upside continuation, the price could face hurdles near the $0.6050 level.<\/p>\n<p>The 61.8% Fib retracement level of the downward move from the $0.6149 swing high to the $0.5853 low is also near the $0.6050 level. The first major resistance is near the $0.6080 level. The next key resistance could be $0.6150.<\/p>\n<figure id=\"attachment_637221\" aria-describedby=\"caption-attachment-637221\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-637221 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?resize=1024%2C449\" alt=\"XRP Price\" width=\"1024\" height=\"449\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=1950 1950w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XRP_Price_985d93.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-637221\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>A clear move above the $0.6150 resistance might send the price toward the $0.6220 resistance. The next major resistance is near the $0.6350 level. Any more gains might send the price toward the $0.6550 resistance or even $0.6880 in the near term.<\/p>\n<h2>Another Pullback?<\/h2>\n<p>If XRP fails to clear the $0.6050 resistance zone, it could start a short-term pullback. Initial support on the downside is near the $0.600 level. The next major support is at $0.5880.<\/p>\n<p>If there is a downside break and a close below the $0.5880 level, the price might continue to decline toward the $0.5650 support in the near term. The next major support sits at $0.5550.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.600 and $0.5850.<\/p>\n<p>Major Resistance Levels \u2013 $0.6050 and $0.6220.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is consolidating gains above the $0.5850 level. The price could start a major increase if it clears the $0.6150 resistance zone. XRP price is eyeing a fresh increase from the $0.5850 level. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.600 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6150 resistance zone. XRP Price Aims Higher XRP price formed a base above the $0.5850 level. The price started a steady increase above the $0.5880 and $0.5920 levels like Bitcoin and Ethereum. There is a bullish continuation pattern forming from the $0.5850 level. The price gained pace for a move above the 50% Fib retracement level of the downward move from the $0.6149 swing high to the $0.5853 low. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $0.600 on the hourly chart of the XRP\/USD pair. If there is an upside continuation, the price could face hurdles near the $0.6050 level. The 61.8% Fib retracement level of the downward move from the $0.6149 swing high to the $0.5853 low is also near the $0.6050 level. The first major resistance is near the $0.6080 level. The next key resistance could be $0.6150. A clear move above the $0.6150 resistance might send the price toward the $0.6220 resistance. The next major resistance is near the $0.6350 level. Any more gains might send the price toward the $0.6550 resistance or even $0.6880 in the near term. Another Pullback? If XRP fails to clear the $0.6050 resistance zone, it could start a short-term pullback. Initial support on the downside is near the $0.600 level. The next major support is at $0.5880. If there is a downside break and a close below the $0.5880 level, the price might continue to decline toward the $0.5650 support in the near term. The next major support sits at $0.5550. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level. Major Support Levels \u2013 $0.600 and $0.5850. Major Resistance Levels \u2013 $0.6050 and $0.6220.<\/p>\n","protected":false},"author":67,"featured_media":631662,"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-637220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Poised for Steady Rise: Can It Maintain Its Uptrend?<\/title>\n<meta name=\"description\" content=\"XRP price is consolidating gains above the $0.5850 level. 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