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: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?
  • 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: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?

Ripple Price Technical Analysis – XRP/USD Testing Crucial Support

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ripple Price Technical Analysis XRP/USD

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.

Key Highlights

  • Ripple price started a downside correction after trading above the $3.30 level against the US Dollar.
  • Yesterday’s highlighted important bullish trend line with support at $2.40 is intact on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might continue to hold the $2.40-2.30 support area and it could even bounce back.

Ripple price is currently correcting lower against the US Dollar and Bitcoin. XRP/USD is testing an important support at $2.30 and it could bounce back.

Ripple Price Support

There was an extension to yesterday’s move in Ripple price as it moved above the $3.00 level against the US Dollar. The price even traded above the $3.30 level and posted a new all-time high of $3.3385. Later, a downside correction was initiated and the price moved below the $3.00 support. It also traded below a trend line support at $2.80. Moreover, there was a push below the 50% Fib retracement level of the last wave from the $2.15 low to $3.331 high.

However, the downside wave was protected by the $2.40 support. In addition, yesterday’s highlighted important bullish trend line with support at $2.40 is intact on the hourly chart of the XRP/USD pair. It is acting as a major support and preventing declines below $2.30. More importantly, the 100 hourly simple moving average is also around $2.40 and is acting as a major hurdle for more losses.

Ripple Price Technical Analysis XRP USD

At the moment, the price is trading around the 61.8% Fib retracement level of the last wave from the $2.15 low to $3.331 high. It has to hold the $2.30-2.40 support. On the upside, a break above a connecting bearish trend line at $2.70 is needed for a bounce back.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is reducing its recent bearish slope.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is near 40 and is moving down.

Major Support Level – $2.30

Major Resistance Level – $2.70

 

Charts courtesy – Trading View, Kraken

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

hedera hbar

HBAR Slides 6% in 24 Hours as NYSE Listing Fails to Spark Rally, But Analysts Still See Upside

Hedera’s much-anticipated debut on the New York Stock Exchange through the Canary Capital Hedera ETF (Ticker: HBR) marked a major...

James Halver 2 hours ago
Tron Shows Bullish Divergence As Active Addresses Surge To 6.2M – Network Demand Explodes

Tron Shows Bullish Divergence As Active Addresses Surge To 6.2M – Network Demand Explodes

Tron (TRX) is consolidating this week as the broader crypto market braces for the upcoming US Federal Reserve decision on...

Sebastian Villafuerte 3 hours ago
XRP

Evernorth Has Reached 95% Of Its XRP Treasury Target – Here Are The Numbers

Evernorth has emerged as the latest powerhouse in institutional crypto accumulation, closing in on its ambitious XRP treasury goal. In...

Scott Matherson 5 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

hyperliquid hype hypeusd

HYPE Nears All-Time High With HyperEVM Integration, Can Buybacks Sustain the Rally?

James Halver 49 minutes ago
Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years

Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years

Sebastian Villafuerte 1 hour ago
Bitcoin

Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?

Ronaldo Marquez 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後 の見通し:強気相場が続く中、新興ミームプロジェクトのプレセールが急上昇

    ドージコイン 今後...

    9 hours ago
  • リップル 今後:FOMC利下げを前に注目される主要アルトコインと新興トークンの動き

    リップル...

    10 hours ago
  • FOMC前に急上昇する市場で注目の仮想通貨プレセール銘柄

    ...

    10 hours ago
  • 仮想通貨おすすめ:ディープシークAIが示すビットコイン19万ドル予測と注目トークン

    ...

    10 hours ago
  • ChatGPTが推奨する新しい仮想通貨:今後926%上昇が見込まれる注目銘柄

    ...

    10 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.