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{"id":659210,"date":"2024-12-09T04:08:39","date_gmt":"2024-12-09T04:08:39","guid":{"rendered":"https:\/\/ktsl888.com\/?p=659210"},"modified":"2024-12-09T03:11:49","modified_gmt":"2024-12-09T03:11:49","slug":"xrp-price-shows-resilience-0-240","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-shows-resilience-0-240\/","title":{"rendered":"XRP Price Shows Resilience: Holding Strong and Eyes Another Surge"},"content":{"rendered":"

XRP price remained in a positive zone above the $2.40 zone. The price is consolidating and might aim for a fresh increase above the $2.60 level.<\/em><\/p>\n

\n
XRP price started a downside correction from the $2.65 resistance zone.<\/li>\n
The price is now trading above $2.40 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support at $2.45 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair might start another increase if it clears the $2.550 resistance.<\/li>\n<\/ul>\n
XRP Price Holds Key Support<\/h2>\n
XRP price started another increase above the $2.40 resistance zone like Bitcoin<\/a> and Ethereum<\/a>. There was a move above the $2.50 and $2.55 levels.<\/p>\n
However, the bears were active near $2.65. A high was formed at $2.64 and the price started a downside correction. There was a move below the $2.55 and $5.20 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.165 swing low to the $2.645 high.<\/p>\n
The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.45 on the hourly chart of the XRP\/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $2.165 swing low to the $2.645 high.<\/p>\n
On the upside, the price might face resistance near the $2.50 level. The first major resistance is near the $2.550 level. The next resistance is at $2.650. A clear move above the $2.650 resistance might send the price toward the $2.750 resistance.<\/p>\n
$\"XRP$ <\/a>
Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
Any more gains might send the price toward the $2.850 resistance or even $2.920 in the near term. The next major hurdle for the bulls might be $3.00.<\/p>\n
More Losses?<\/h2>\n
If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.450 level. The next major support is near the $2.40 level.<\/p>\n
If there is a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.280 support. The next major support sits near the $2.150 zone.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $2.4000 and $2.3500.<\/p>\n
Major Resistance Levels \u2013 $2.5000 and $2.6500.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price remained in a positive zone above the $2.40 zone. The price is consolidating and might aim for a fresh increase above the $2.60 level. XRP price started a downside correction from the $2.65 resistance zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.45 on the hourly chart of the XRP\/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.550 resistance. XRP Price Holds Key Support XRP price started another increase above the $2.40 resistance zone like Bitcoin and Ethereum. There was a move above the $2.50 and $2.55 levels. However, the bears were active near $2.65. A high was formed at $2.64 and the price started a downside correction. There was a move below the $2.55 and $5.20 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.165 swing low to the $2.645 high. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.45 on the hourly chart of the XRP\/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $2.165 swing low to the $2.645 high. On the upside, the price might face resistance near the $2.50 level. The first major resistance is near the $2.550 level. The next resistance is at $2.650. A clear move above the $2.650 resistance might send the price toward the $2.750 resistance. Any more gains might send the price toward the $2.850 resistance or even $2.920 in the near term. The next major hurdle for the bulls might be $3.00. More Losses? If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.450 level. The next major support is near the $2.40 level. If there is a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.280 support. The next major support sits near the $2.150 zone. Technical Indicators Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level. Major Support Levels \u2013 $2.4000 and $2.3500. Major Resistance Levels \u2013 $2.5000 and $2.6500.<\/p>\n","protected":false},"author":67,"featured_media":659212,"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-659210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Shows Resilience: Holding Strong and Eyes Another Surge<\/title>\n<meta name=\"description\" content=\"XRP price remained in a positive zone above the $2.40 zone. 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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 Shows Resilience: Holding Strong and Eyes Another Surge","url":"http:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-shows-resilience-0-240\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/analysis\/xrp\/xrp-price-shows-resilience-0-240\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP-Resilience.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/XRP-Resilience.jpg?fit=1792%2C1024"},"articleSection":"XRP","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":"2024-12-09T04:08:39Z","datePublished":"2024-12-09T04:08:39Z","dateModified":"2024-12-09T04:08:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Shows Resilience: Holding Strong and Eyes Another Surge\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/xrp\\\/xrp-price-shows-resilience-0-240\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/xrp\\\/xrp-price-shows-resilience-0-240\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/XRP-Resilience.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/XRP-Resilience.jpg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"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\":\"2024-12-09T04:08:39Z\",\"datePublished\":\"2024-12-09T04:08:39Z\",\"dateModified\":\"2024-12-09T04:08:39Z\"}<\/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\/2024\/12\/XRP-Resilience.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/659210","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=659210"}],"version-history":[{"count":2,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/659210\/revisions"}],"predecessor-version":[{"id":659214,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/659210\/revisions\/659214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/659212"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=659210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=659210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=659210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}