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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

XRP May Rally Over 10% Upon Breaching Two Critical Levels

anushsamal
anushsamal
1 year ago
2 mins read
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.

Recently, XRP has been facing significant rejection at its overhead resistance level, including a rejection that occurred just a week ago. On the daily chart, XRP has shown a slight upward movement of 3%. However, over the past week, this altcoin has not made much progress as its price has decreased by 0.4%. This indicates that the XRP price is indecisive over longer time frames.

The technical outlook for XRP suggests that the market is bearish. There is a low demand for the altcoin, and accumulation remained less too. However, if XRP manages to move above its overhead resistance, this could trigger a recovery.

Related Reading

Litecoin

How Soon Will Litecoin Breach This Psychological Resistance Level?

2 years ago

Currently, the BTC price is hovering below the $30,000 mark, and most altcoins have followed a similar trend. If BTC breaks through the $30,000 mark, XRP could attempt to move upwards.

At its current level, the altcoin is at a crucial point, as an increase in demand could cause a rally, while a decrease in price could result in a loss of up to 16% of its value. Furthermore, the market capitalization of XRP has decreased, indicating an increase in the number of sellers.

XRP Price Analysis: One-Day Chart

XRP
XRP was priced at $0.47 on the one-day chart | Source: XRPUSD on TradingView

The altcoin was trading for $0.47 at the time of writing. It is trading underneath its overhead resistance of $0.48. The aforementioned resistance mark is crucial as it has served as a price ceiling previously.

A break above the $0,.48 mark can push XRP to $0.50, which might act as another ceiling before the altcoin targets $0.53. A move to $0.53 means over a 10% rally.

On the flip side, a fall from the current price level will drag XRP to $0.44 and then to $0.40, thereby bringing bearish influence back. The amount of altcoin traded in the last session was red, indicating a fall in demand.

Technical Analysis

XRP
XRP had low demand on the one-day chart | Source: XRPUSD on TradingView

Since the altcoin dropped below the $0.50 level, demand for the altcoin has failed to recover. The Relative Strength Index (RSI) indicates that selling strength outweighs buying strength, as the RSI is below the half-line.

Additionally, the altcoin remains below the 20-Simple Moving Average (SMA) line, which signifies that sellers have control and are driving the price momentum in the market. However, if demand for XRP increases slightly, it could push the coin above the 20-SMA line. This would signal a return of bullish strength on the chart.

XRP
XRP formed sell signals on the one-day chart | Source: XRPUSD on TradingView

In line with other indicators, the altcoin is displaying sell signals. The Moving Average Convergence Divergence (MACD), which indicates price momentum, has formed red histograms, signalling to sell.

Related Reading

Ethereum

Ethereum Shark & Whale Addresses Up 5.7% Over Past Year: Santiment

2 years ago

Furthermore, the Bollinger Bands, which portray price volatility and fluctuation, have opened up. This suggests that the coin may experience significant price fluctuations over the next few trading sessions.

Featured Image From UnSplash, Charts From TradingView.com
Tweet123Share196ShareSend
anushsamal
anushsamal

anushsamal

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

XRP Price Pops and Drops

XRP Price Pops and Drops — Can Bulls Regain Control?

XRP price started a strong upward move above the $2.250 zone and tested $2.35. The price is now correcting gains...

Aayush Jindal 17 hours ago
xrp price xrpusdt

XRP Price Brewing A Monster Rally? This Patter Might Hold The Key

As the crypto market moves sideways with low volatility on low timeframes, the XRP price trends to the upside. According...

James Halver 19 hours ago
xrp price prediction (1)

Μπορεί το XRP να φτάσει πραγματικά τα $2.500 εν μέσω της παγκόσμιας υιοθέτησης και του κλονισμού στην προσφορά;

Η τιμή του XRP βρίσκεται στο επίκεντρο έντονων συζητήσεων, μετά από τολμηρές προβλέψεις ότι θα μπορούσε να εκτοξευτεί στα $2.500...

Ανθή Ντόνκοβα 1 day 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 News

Pundit Explains Why XRP Stands To Gain Big From Ripple’s RLUSD

Jake Simmons 4 hours ago
XRP

Breakout or Breakdown? XRP $2.35 Test Could Decide Its Next Move

Godspower Owie 7 hours ago
XRP koers doorbreekt pennantpatroon: stijging naar $2,78 bij breakout?

XRP koers doorbreekt pennantpatroon: stijging naar $2,78 bij breakout?

Lars Diederiksen 8 hours ago

Premium Sponsors

Press Releases

  • Felpörgő alternatív kriptovaluta a Dogecoin (DOGE) helyett – 650 dollárból 65 000 dollár lehet 4 hónap alatt

    Felpörgő alternatív kriptovaluta a Dogecoin (DOGE)...

    3 hours ago
  • 3 figyelemre méltó altcoin 2025. júliusának első hetében

    3 figyelemre méltó altcoin 2025. júliusának első...

    4 hours ago
  • Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD udělá 65 000 USD za 4 měsíce

    Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD...

    6 hours ago
  • 3 altcoiny, které sledovat v prvním týdnu července 2025

    3 altcoiny, které sledovat v prvním týdnu července 2025

    7 hours ago
  • Trendingowy alternatywny kryptowalut dla Dogecoin (DOGE), który zamieni 650 USD na 65 000 USD w ciągu 4 miesięcy

    Trendingowy alternatywny kryptowalut dla Dogecoin (DOGE)...

    7 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.