NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

Ripple (XRP) Could Recover From $0.12 After A Massive 50% Drop

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ripple (XRP)

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ripple is down more than 50% in a day and broke the $0.1500 support against the US Dollar. XRP price tested the $0.1200 support area and it is currently showing a few recovery signs.

  • Ripple price is down more than $0.1000 and it recently tested the $0.1200 support against the US dollar.
  • The price is currently correcting higher from the $0.1174 swing low.
  • There is a major bearish trend line forming with resistance near $0.1900 on the 4-hours chart of the XRP/USD pair (data source from Kraken).
  • The price might resume its decline if it fails to recover above the $0.1650 and $0.1700 resistance levels.

Ripple Price Testing Key Support

In the past three sessions, ripple saw a monstrous decline from well above $0.2000. XRP price declined more than 50% and broke many key supports near $0.1800 and $0.1650 to enter a medium term downtrend.

The decline was such that the price even broke the $0.1500 support and settled well below the 100 simple moving average (4-hours). Finally, it tested the key $0.1200 support area and a new multi-month low was formed near the $0.1174 level.

Ripple is currently correcting higher and trading above the $0.1400 level. It is trading above the 23.6% Fib retracement level of the recent decline from the $0.2160 high to $0.1174 low.

On the upside, an initial resistance is near the $0.1650 level. The 50% Fib retracement level of the recent decline from the $0.2160 high to $0.1174 low is also near the $0.1667 level to act as a major hurdle for the bulls.

Ripple Price
Ripple Price

More importantly, there is a major bearish trend line forming with resistance near $0.1900 on the 4-hours chart of the XRP/USD pair. Therefore, the pair must recover above the $0.1650 and $0.1900 resistance levels to move back into a positive zone.

What if Recovery Fails?

Clearly, the $0.1200 support is very important. Ripple is currently showing a few positive signs above $0.1400. However, the $0.1650 resistance zone could be a key barrier for the bulls.

If they fail to overcome the $0.1650 hurdle, the price may perhaps resume its decline. The first support on the downside is near the $0.1320 level. The main support is near the $0.1200 level, below which the price could test the $0.1000 level.

Technical Indicators

4-Hours MACD – The MACD for XRP/USD is about to move back into the bullish zone.

4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is currently correcting high towards the 40 level.

Major Support Levels – $0.1320, $0.1200 and $0.1100.

Major Resistance Levels – $0.1650, $0.1800 and $0.1900.

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. 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.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

crypto-xrp-grok-rebond-etf-xrp-acceptes

Grok prédit un rebond du XRP si les ETF sont validés

Le feuilleton XRP s’offre un nouvel acte : Grok, l’IA d’Elon Musk, entrevoit un rebond costaud du token si des...

guillaumev 1 hour ago
ethereum

Ethereum Marches Upward Without Leverage Overheating – Sign Of Structural Health?

As Ethereum (ETH) trades slightly above $4,300, some crypto analysts opine that the cryptocurrency’s current trend shows enough structural health....

Ash Tiwari 2 hours ago
Bitcoin

Bitcoin Bear Case Says Price Is Headed Below $100,000, But Bulls Still Have A Chance, Here’s How

Bitcoin’s price has spent the past week hovering within a tight band and bouncing between $108,000 and $112,000 without any...

Scott Matherson 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Tom Lee Predicts $200K Bitcoin — Peter Schiff Isn’t Buying It

Christian Encila 11 minutes ago
deepseek-previsions-xrp-ethereum-pi-2025

DeepSeek prévoit le prix du XRP, d’Ethereum et de Pi d’ici 2025

guillaumev 18 minutes ago
XRP price news

XRP Set to Lead Altcoin Boom With Explosive $9.69 Target, Says Analyst

Jake Simmons 1 hour ago

Premium Sponsors

Press Releases

  • SNEYD

    SNEYD Mining will be the world’s first choice for...

    4 hours ago
  • Best Bitcoin

    Best Bitcoin Mixer Coinomize.is: Complete Privacy Solution...

    4 hours ago
  • miner

    Institutional capital pours into DOT Miners, pushing XRP...

    6 hours ago
  • 仮想通貨おすすめ:ビットコイン11万7,000ドル予測と3億ドル空売りリスク

    ...

    8 hours ago
  • ドージコイン 今後の課題:0.25ドル突破に苦戦、新しい仮想通貨に資金が流入する9月

    ドージコイン...

    8 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.