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: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6
  • 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: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6

Ripple (XRP) Just Saw A Key Technical Breakout: Relief Rally Underway

Aayush Jindal
Aayush Jindal
Last Updated: June 11, 2024 2:16 pm
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 started a steady recovery wave, following bitcoin’s upward move and ethereum’s rally against the US Dollar. XRP price is likely to revisit $0.2575 or $0.2620 in the near term.

  • Ripple is up 4% and it is trading above the $0.2350 and $0.2440 resistance levels against the US dollar.
  • The price is showing positive signs above the $0.2450 level and the 100 hourly simple moving average.
  • There was a break above a key bearish trend line with resistance near $0.2360 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could correct a few points, but it is likely to continue higher towards $0.2575.

Ripple Price Recovers 4%

The recent rise in Ethereum and bitcoin pushed ripple higher above the $0.2350 resistance. It seems like XRP price formed a decent support base above $0.2300 before starting the current recovery wave.

There was a break above the $0.2380 resistance and the price even climbed above $0.2400. The upward move was initiated after there was a break above a key bearish trend line with resistance near $0.2360 on the hourly chart of the XRP/USD pair.

The pair is showing positive signs above the $0.2450 level and the 100 hourly simple moving average. An initial resistance is near the $0.2480 level or the 50% Fib retracement level of the downward move from the $0.2659 high to $0.2300 low.

Ripple (XRP)

Ripple price trades above $0.2440. Source: TradingView.com

The first major resistance is near the $0.2520 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.2659 high to $0.2300 low. The main hurdle on the upside is near the $0.2575 level, above which the price might accelerate higher towards the $0.2620 level.

Any further gains could initiate a steady rise towards the $0.2680 and $0.2720 levels in the coming sessions.

Dips Supported in XRP?

If ripple fails to continue higher above $0.2520, there could be a downside correction. An initial support is near the $0.2440 level (resistance turned support).

A downside break below the $0.2440 support may perhaps push the price towards the $0.2380 support or the 100 hourly SMA. Any further losses could lead the price back towards the $0.2300 breakdown support.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is slowly gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is rising and it is well above the 60 level.

Major Support Levels – $0.2440, $0.2380 and $0.2300.

Major Resistance Levels – $0.2480, $0.2520 and $0.2575.

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

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

Ethereum

Ethereum Inches Toward A Critical Decision Point: Bullish Break Or Deeper Dive?

Ethereum is edging closer to a major decision point as price action tightens between key support and resistance levels. Momentum...

Godspower Owie 1 hour ago
Bitcoin Price Stumbles at $92K

Bitcoin Price Stumbles at $92K: Are Bears Gaining the Upper Hand?

Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a...

Aayush Jindal 1 hour ago
Dogecoin news

Dogecoin Flirts With Long-Term Breakdown At Monthly Ichimoku Floor

Dogecoin is trading directly on top of a long-term support band defined by its monthly Ichimoku cloud, according to a...

Jake Simmons 2 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

XRP Price Hesitates at Resistance

XRP Price Hesitates at Resistance—Are Bulls Running Out of Time?

Aayush Jindal 16 minutes ago
Bitcoin

Banking Meets Bitcoin: French Banking Giant Offers Crypto To Millions

Christian Encila 34 minutes ago
Ethereum Price Cooling Off

Ethereum Price Cooling Off: Healthy Consolidation or Momentum Fading?

Aayush Jindal 1 hour ago

Premium Sponsors

Press Releases

  • ドージコイン 今後 の予測ではレンジ相場が続く一方、新たな暗号資産は資金調達額が2,910万ドルに到達した。

    ドージコイン 今後...

    12 hours ago
  • リップル 今後を読む:2025〜2026年の相場予測と投資候補の最新動向

    リップル...

    13 hours ago
  • 仮想通貨 プレセール:2025年末までに注目しておきたい有望プロジェクトを専門家が選出

    仮想通貨...

    13 hours ago
  • 仮想通貨 おすすめ:12月の下落相場に強い新興ビットコイン系プロジェクトが専門家の注目を集める

    仮想通貨...

    13 hours ago
  • 新しい仮想通貨が急浮上:主要アルトコインを凌ぐ力を備えた新興レイヤー2

    ...

    13 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.