{"id":652669,"date":"2024-11-12T04:08:07","date_gmt":"2024-11-12T04:08:07","guid":{"rendered":"https:\/\/ktsl888.com\/?p=652669"},"modified":"2024-11-12T03:17:27","modified_gmt":"2024-11-12T03:17:27","slug":"xrp-price-larger-gains-0-6350","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-larger-gains-0-6350\/","title":{"rendered":"XRP Price Sets Sights on Larger Gains: Can Bulls Push Higher?"},"content":{"rendered":"<p><em>XRP price is slowly moving higher above the $0.5880 support zone. The price tested the $0.6330 zone and is currently correcting gains.<\/em><\/p>\n<ul>\n<li>XRP price is struggling to gain pace like Bitcoin.<\/li>\n<li>The price is now trading above $0.5980 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support at $0.5940 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it stays above the $0.5700 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Holds Support<\/h2>\n<p>XRP price remained supported above the $0.5550 level. It formed a base and started a fresh increase above $0.5800, but gains were limited compared to <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-gains-100k-dream\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-moves-up-3350\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move above the $0.6150 and $0.62200 resistance levels.<\/p>\n<p>The bulls even pushed the price above the $0.6300 level before the bears appeared. A high was formed at $0.6336 before there was a pullback. The price dipped below $0.6220 and tested $0.6150. It tested the 50% Fib retracement level of the upward move from the $0.5709 swing low to the $0.6336 high.<\/p>\n<p>The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5940 on the hourly chart of the XRP\/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.5709 swing low to the $0.6336 high.<\/p>\n<p>On the upside, the price might face resistance near the $0.6150 level. The first major resistance is near the $0.6220 level. The next key resistance could be $0.6350. A clear move above the $0.6350 resistance might send the price toward the $0.6465 resistance.<\/p>\n<figure id=\"attachment_652670\" aria-describedby=\"caption-attachment-652670\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-652670 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=104 104w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=83 83w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/XRP_Price_a0160f.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-652670\" 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>Any more gains might send the price toward the $0.6550 resistance or even $0.6720 in the near term. The next major hurdle might be $0.6880.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $0.6150 resistance zone, it could start another decline. Initial support on the downside is near the $0.5980 level. The next major support is near the $0.5940 level and the trend line.<\/p>\n<p>If there is a downside break and a close below the $0.5940 level, the price might continue to decline toward the $0.5700 support in the near term. The next major support sits near the $0.5550 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $0.5980 and $0.5940.<\/p>\n<p>Major Resistance Levels \u2013 $0.6150 and $0.6350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is slowly moving higher above the $0.5880 support zone. The price tested the $0.6330 zone and is currently correcting gains. XRP price is struggling to gain pace like Bitcoin. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5940 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.5700 support zone. XRP Price Holds Support XRP price remained supported above the $0.5550 level. It formed a base and started a fresh increase above $0.5800, but gains were limited compared to Bitcoin and Ethereum. There was a move above the $0.6150 and $0.62200 resistance levels. The bulls even pushed the price above the $0.6300 level before the bears appeared. A high was formed at $0.6336 before there was a pullback. The price dipped below $0.6220 and tested $0.6150. It tested the 50% Fib retracement level of the upward move from the $0.5709 swing low to the $0.6336 high. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $0.5940 on the hourly chart of the XRP\/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.5709 swing low to the $0.6336 high. On the upside, the price might face resistance near the $0.6150 level. The first major resistance is near the $0.6220 level. The next key resistance could be $0.6350. A clear move above the $0.6350 resistance might send the price toward the $0.6465 resistance. Any more gains might send the price toward the $0.6550 resistance or even $0.6720 in the near term. The next major hurdle might be $0.6880. Another Drop? If XRP fails to clear the $0.6150 resistance zone, it could start another decline. Initial support on the downside is near the $0.5980 level. The next major support is near the $0.5940 level and the trend line. If there is a downside break and a close below the $0.5940 level, the price might continue to decline toward the $0.5700 support in the near term. The next major support sits near the $0.5550 zone. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now losing 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 $0.5980 and $0.5940. Major Resistance Levels \u2013 $0.6150 and $0.6350.<\/p>\n","protected":false},"author":67,"featured_media":652671,"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-652669","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 Sets Sights on Larger Gains: Can Bulls Push Higher?<\/title>\n<meta name=\"description\" content=\"XRP price is slowly moving higher above the $0.5880 support zone. 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