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: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • 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: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

XRP Price Trapped in a Tight Range: Will It Break Free?

Aayush Jindal
Aayush Jindal
11 months ago
2 mins read
XRP Price Trapped in a Tight Range

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.

ItXRP price remained in a tight range below the $0.60 barrier. The price could extend losses if there is a close below the $0.5550 support zone.

  • XRP price started a consolidation phase below the $0.600 zone.
  • The price is now trading below $0.5750 and the 100-hourly Simple Moving Average.
  • There is a connecting bearish trend line forming with resistance at $0.570 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could attempt a recovery wave if it clears the $0.5750 resistance zone.

XRP Price Starts Consolidation

XRP price remained stable above the $0.5550 support like Bitcoin and Ethereum. The price attempted a recovery wave, but it was short-lived. It climbed above the $0.5650 level and tested $0.5750 before there was another decline.

The price retested the $0.5550 support. A low was formed at $0.5567 and the price is now consolidating losses. It managed to rise above the 23.6% Fib retracement level of the recent decline from the $0.5767 swing high to the $0.5567 low.

The price is still trading below $0.5750 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5680 level. The first major resistance is near the $0.570 level. There is also a connecting bearish trend line forming with resistance at $0.570 on the hourly chart of the XRP/USD pair.

XRP Price
Source: XRPUSD on TradingView.com

The trend line is close to the 61.8% Fib retracement level of the recent decline from the $0.5767 swing high to the $0.5567 low. The next key resistance could be $0.5750. A clear move above the $0.5750 resistance might send the price toward the $0.5850 resistance. The next major resistance is near the $0.6020 level. Any more gains might send the price toward the $0.6160 resistance or even $0.6250 in the near term.

More Losses?

If XRP fails to clear the $0.570 resistance zone, it could start another decline. Initial support on the downside is near the $0.560 level. The next major support is at $0.5550.

If there is a downside break and a close below the $0.5550 level, the price might continue to decline toward the $0.5320 support in the near term. The next major support sits at $0.5120.

Technical Indicators

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

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $0.5600 and $0.5550.

Major Resistance Levels – $0.5700 and $0.5850.

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

XRP Price Drops to Crucial Support

XRP Price Holding Weak Below $3.10, Bears Maintain Their Edge

XRP price is gaining bearish pace below the $3.10 resistance zone. The price is struggling near $3.050 and remains at...

Aayush Jindal 9 hours ago
XRP

XRP Dips Under $3: Analyst Warns $2.6 Or Even $2 Could Be Next

As XRP slides down over 5%, an analyst has highlighted the next possible targets for the asset, based on this...

Keshav Verma 13 hours ago
XRP

Analyst Predicts ‘Utility Run’ Will Send XRP Price To $100

A new prediction from crypto commentator BarriC has drawn attention to the long-term future of XRP. According to him, the...

Scott Matherson 18 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

Zašto ovaj novi altcoin u tišini nadmašuje Ripple (XRP) u 2025. godini

Key Levels To Watch In Light Of XRP’s Macro Future

Scott Matherson 3 hours ago
XRP koers maakt zich klaar voor rally na 1,2 miljard dollar aan whale verkoop.

XRP koers onder druk: Ripple’s $1,2 miljard whale verkoop

Lars Diederiksen 3 hours ago
xrp token

XRP: Οι εκτιμήσεις επενδυτών για την πορεία προς τα 60 δολάρια

Ιωάννης Ριζόπουλος 4 hours ago

Premium Sponsors

Press Releases

  • 日本で注目される仮想通貨おすすめ3選(Bitcoin Hyper, NovaPlay, AstroDex)の未来的なデジタルイメージ

    日本で注目の 仮想通貨 おすすめ...

    8 minutes ago
  • ビットコインが20万ドル到達予測、新しい仮想通貨が台頭する未来的なデジタル市場のイメージ

    ビットコイン、2025年末20万ドル到達か?...

    35 minutes ago
  • Експерти посочват тази AI монета за 0,02 лв. като потенциален кандидат да изпревари Shiba Inu и TRON

    Експерти посочват тази AI монета...

    53 minutes ago
  • Stručnjaci ističu ovaj Meme coin od $0,003 kao mogućeg kandidata za nadmašivanje Shiba Inua i TRON-a.

    Stručnjaci ističu ovaj Meme coin od $0,003 kao mogućeg...

    54 minutes ago
  • Experti upozorňují na tento AI coin za 0,01 USD jako na potenciálního kandidáta k překonání Shiba Inu a TRON

    Experti upozorňují na tento AI coin za 0,01 USD jako na...

    2 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.