Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Crypto Analyst places Bitcoin price at $ 120,000 if this range breakdown happens

2025-05-22

Solana to get a big design prevention

2025-05-22

Avalanche rises 11% to $ 25 NA FIFA reveals blockchain and Vaneck Eyes Fund

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Solana to get a big design prevention

    2025-05-22

    World3 Powers AI-driven Governance on-Chain with Quack AI

    2025-05-22

    Validation Cloud implements AI -Engine on Hedera

    2025-05-22

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21

    Nitro Labs launches data anchor to lower the storage costs of Solana

    2025-05-21
  • NFT

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Solana (SOL) strives higher with strong copper support, next stop $ 200?

    2025-05-22

    Bitcoin price reaches new all time above $ 111,000

    2025-05-22

    Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

    2025-05-22

    Bitcoin price rays to New All Time Bulls takes the lead

    2025-05-22

    Mike Novogratz says that weakening dollars, broadening the shortage and the deteriorating financial situation of America ‘very good’ for Bitcoin and Crypto

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»XRP price could soon be the next to rise – here’s why
Analysis

XRP price could soon be the next to rise – here’s why

2023-12-22No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

XRP price is looking for another rally above the USD 0.630 resistance. The price could gain bullish momentum if it crosses the USD 0.630 and USD 0.640 resistance levels.

  • XRP is slowly moving up from the $0.600 support level.
  • The price is now trading below $0.630 and the 100 simple moving average (4 hours).
  • There was a break above a major bearish trendline with resistance near $0.610 on the 4-hour chart of the XRP/USD pair (Kraken data source).
  • The pair will start a new rally if it overcomes the USD 0.630 and USD 0.640 resistance levels.

XRP price aims for new increase

After a major decline, XRP found support near the $0.580 zone. A low was formed near $0.5781, and the price started to rise steadily. There was a move above the USD 0.600 resistance, but XRP lagged behind momentum compared to Bitcoin and Ethereum.

There was a break above the 23.6% Fib retracement level of the main decline from the $0.700 swing high to the $0.578 swing low. Additionally, there was a break above a major bearish trendline with resistance around $0.610 on the 4-hour chart of the XRP/USD pair.

The price is now trading below $0.630 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.630 zone. It is close to the 50% Fib retracement level of the main decline from the $0.700 swing high to the $0.578 swing low.

XRP price

Source: XRPUSD on TradingView.com

The first major resistance is near the $0.640 zone. A close above the $0.640 resistance zone could lead to a strong upside. The next major resistance is near $0.672. If the bulls continue to act above the USD 0.672 resistance level, a rally towards the USD 0.700 resistance could take place. Any further gains could send the price towards the USD 0.720 resistance.

See also  Top Analyst Predicts Major Ethereum Correction, Outlines Worst Case Scenario For ETH

Another drop?

If XRP fails to break the USD 0.630 resistance zone, it could trigger a fresh decline. The initial downside support is near the $0.606 zone.

The next major support is at USD 0.600. If there is a downside break and a close below the USD 0.600 level, the XRP price may accelerate lower. In the said case, the price could retest the USD 0.578 support zone.

Technical indicators

4-hour MACD – The MACD for XRP/USD is now losing pace in the bearish zone.

4-hour RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major support levels – $0.606, $0.600 and $0.578.

Major resistance levels – $0.630, $0.640 and $0.672.

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

Source link

Heres Price Rise XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Analyst places Bitcoin price at $ 120,000 if this range breakdown happens

2025-05-22

Solana (SOL) strives higher with strong copper support, next stop $ 200?

2025-05-22

Bitcoin price reaches new all time above $ 111,000

2025-05-22

Bitcoin ready for price discovery after $ 109,000 breakout

2025-05-22
Add A Comment

Comments are closed.

Top Posts

SEC Asks Judge to Order Ripple to Pay Nearly $2 Billion in Fines and Penalties

2024-03-28

Bitcoin -Investors take profitively

2025-05-08

The power duo for scalable and cost-effective blockchain solutions

2025-01-13
Editors Picks

Ripple VP Launches Blockchain Course at Top Japanese University

2024-01-22

Buy Bitcoin, throw the benches away before it’s too late – Kiyosaki

2025-05-20

Solana Bulls seem unstoppable as they aim for $35

2023-10-25

Coin98 Super Wallet improves blockchain experience by integrating Morphlayer

2025-03-09
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Crypto Analyst places Bitcoin price at $ 120,000 if this range breakdown happens

Solana to get a big design prevention

Avalanche rises 11% to $ 25 NA FIFA reveals blockchain and Vaneck Eyes Fund

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$111,483.322.34%
  • ethereumEthereum(ETH)$2,675.404.47%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.441.79%
  • binancecoinBNB(BNB)$684.013.64%
  • solanaSolana(SOL)$179.604.41%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2423914.71%
  • cardanoCardano(ADA)$0.805.33%
  • tronTRON(TRX)$0.2776192.11%
  • suiSui(SUI)$3.95-0.21%
  • chainlinkChainlink(LINK)$16.834.79%
  • hyperliquidHyperliquid(HYPE)$32.1817.59%
  • avalanche-2Avalanche(AVAX)$25.078.30%
  • stellarStellar(XLM)$0.3021093.02%
  • shiba-inuShiba Inu(SHIB)$0.0000154.64%
  • hedera-hashgraphHedera(HBAR)$0.2043642.86%
  • bitcoin-cashBitcoin Cash(BCH)$433.636.70%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.12%
  • the-open-networkToncoin(TON)$3.193.29%
  • polkadotPolkadot(DOT)$4.964.39%
  • litecoinLitecoin(LTC)$99.243.05%
  • moneroMonero(XMR)$401.5110.04%
  • pepePepe(PEPE)$0.0000154.58%
  • bitget-tokenBitget Token(BGB)$5.22-0.97%
  • piPi(PI)$0.820.60%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • bittensorBittensor(TAO)$473.7311.12%
  • uniswapUniswap(UNI)$6.544.06%
  • aaveAave(AAVE)$258.171.81%
  • nearNEAR Protocol(NEAR)$3.087.37%
  • aptosAptos(APT)$5.698.62%
  • ondo-financeOndo(ONDO)$1.025.27%
  • okbOKB(OKB)$52.881.24%
  • kaspaKaspa(KAS)$0.1185144.86%
  • official-trumpOFFICIAL TRUMP(TRUMP)$15.414.76%
  • internet-computerInternet Computer(ICP)$5.665.67%
  • ethereum-classicEthereum Classic(ETC)$19.744.41%
  • gatechain-tokenGateToken(GT)$21.800.33%
  • crypto-com-chainCronos(CRO)$0.1004582.90%
  • render-tokenRender(RENDER)$5.128.03%
  • vechainVeChain(VET)$0.0305365.82%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2513096.65%
  • mantleMantle(MNT)$0.762.58%
  • ethenaEthena(ENA)$0.4137213.26%
  • worldcoin-wldWorldcoin(WLD)$1.4525.50%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • arbitrumArbitrum(ARB)$0.4366608.46%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.8710.38%
  • bitcoinBitcoin(BTC)$111,483.322.34%
  • ethereumEthereum(ETH)$2,675.404.47%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.441.79%
  • binancecoinBNB(BNB)$684.013.64%
  • solanaSolana(SOL)$179.604.41%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2423914.71%
  • cardanoCardano(ADA)$0.805.33%
  • tronTRON(TRX)$0.2776192.11%
  • suiSui(SUI)$3.95-0.21%
  • chainlinkChainlink(LINK)$16.834.79%
  • hyperliquidHyperliquid(HYPE)$32.1817.59%
  • avalanche-2Avalanche(AVAX)$25.078.30%
  • stellarStellar(XLM)$0.3021093.02%
  • shiba-inuShiba Inu(SHIB)$0.0000154.64%
  • hedera-hashgraphHedera(HBAR)$0.2043642.86%
  • bitcoin-cashBitcoin Cash(BCH)$433.636.70%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.12%
  • the-open-networkToncoin(TON)$3.193.29%
  • polkadotPolkadot(DOT)$4.964.39%
  • litecoinLitecoin(LTC)$99.243.05%
  • moneroMonero(XMR)$401.5110.04%
  • pepePepe(PEPE)$0.0000154.58%
  • bitget-tokenBitget Token(BGB)$5.22-0.97%
  • piPi(PI)$0.820.60%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • bittensorBittensor(TAO)$473.7311.12%
  • uniswapUniswap(UNI)$6.544.06%
  • aaveAave(AAVE)$258.171.81%
  • nearNEAR Protocol(NEAR)$3.087.37%
  • aptosAptos(APT)$5.698.62%
  • ondo-financeOndo(ONDO)$1.025.27%
  • okbOKB(OKB)$52.881.24%
  • kaspaKaspa(KAS)$0.1185144.86%
  • official-trumpOFFICIAL TRUMP(TRUMP)$15.414.76%
  • internet-computerInternet Computer(ICP)$5.665.67%
  • ethereum-classicEthereum Classic(ETC)$19.744.41%
  • gatechain-tokenGateToken(GT)$21.800.33%
  • crypto-com-chainCronos(CRO)$0.1004582.90%
  • render-tokenRender(RENDER)$5.128.03%
  • vechainVeChain(VET)$0.0305365.82%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2513096.65%
  • mantleMantle(MNT)$0.762.58%
  • ethenaEthena(ENA)$0.4137213.26%
  • worldcoin-wldWorldcoin(WLD)$1.4525.50%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • arbitrumArbitrum(ARB)$0.4366608.46%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.8710.38%