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, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
  • 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, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

XRP Trades Near Crucial Support Of $0.46, Will This Level Hold?

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.

During the past week, the price of XRP has suffered significant losses due to a powerful selling wave. While the one-day chart reflects a 3% increase, the weekly chart shows a decline of over 12%. Buyers have faced resistance in the $0.45-$0.46 range and the technical outlook for XRP indicates a selling trend.

The demand for this altcoin has also dropped, leading to a decrease in accumulation. Unless buyers return to the market and stabilize the price, XRP is likely to continue losing value. Meanwhile, Bitcoin’s price has remained uncertain over the past week, and its recent climb above $28,000 may inspire other altcoins to follow suit.

Related Reading

Dogecoin

37 Billion Dogecoin Holdings In Jeopardy: Price Level Investors Should Watch

7 months ago

For XRP to see upward momentum, Bitcoin must maintain a price above $27,000. Furthermore, XRP must surpass the immediate resistance level to preserve its current support level. The decline in XRP’s market capitalization suggests that sellers are currently in control of the market.

XRP Price Analysis: One-Day Chart

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

At the time of writing, the altcoin’s trading price is $0.47, and it currently stands above its critical support level of $0.46. Despite attempting to recover significantly over the past few weeks, XRP experienced considerable selling pressure in the past week.

The coin faces overhead resistance at $0.48, and breaching that level could drive the price up to $0.50. Conversely, if XRP fails to remain above $0.46, the coin may decline to around $0.42 and possibly $0.40. The amount of XRP traded in the last session was negative, indicating a decrease in demand.

Technical Analysis

XRP
XRP displayed more sellers over buyers on the one-day chart | Source: XRPUSD on TradingView

Despite the daily chart indicating a recovery, buyers seemed hesitant to make a move. The Relative Strength Index (RSI) was below 50, implying that sellers currently outnumber buyers.

Although there was an uptick in the RSI, buying strength remained fragile unless XRP surpasses the immediate resistance level. Furthermore, the altcoin was below the 20-Simple Moving Average (SMA) line, indicating that sellers were driving the price momentum in the market.

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

Aligned with other technical indicators, the altcoin began to exhibit sell signals on the one-day chart. The Moving Average Convergence Divergence (MACD) displays price momentum and trend reversals. Red histograms formed under the half-line, indicating a sell signal for the altcoin and a bearish price.

The Bollinger Bands measure price volatility and potential price fluctuations of the asset. The bands diverged in anticipation of incoming price volatility, with the upper band serving as a vital resistance level for the altcoin.

Related Reading

MATIC Price Prediction

MATIC Price Prediction: Polygon Recovery Faces Many Hurdles

1 year ago

A move above the immediate price ceiling would aid XRP’s recovery and reduce the likelihood of heavy price fluctuation. Broader market strength will also be important for XRP to start its recovery.

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

Bitcoin

Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High

Bitcoin’s wonderful rally to a new all-time high of $125,700 on Sunday was met almost immediately by a sharp correction....

Scott Matherson 9 hours ago
immobilier-crypto-france-delukey

Immobilier & crypto : la France s’y met avec Delukey

tLa France ouvre la porte aux achats immobiliers directement en crypto. Avec DeluKey, l’initiative annoncée par la banque Delubac &...

evanss 9 hours ago
XRP price news

XRP Ready For $9 Blast — ‘Break $3.10 And It’s Game Over,’ Says Analyst

XRP is pressing against a structurally important ceiling at roughly $3.10, and a clean breach could open the way to...

Jake Simmons 9 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

Crypto

Money Keeps Flowing: Crypto Funds Hit Record $6-B Inflows

Christian Encila 1 hour ago
Crypto altcoin news

SwissBorg Founder Predicts Biggest Crypto Altcoin Cycle ‘Of Our Lifetime’

Jake Simmons 3 hours ago
XRP

XRP Could Mirror 2017 Style Surge: Here’s How High The Price Will Go If It Happens

Scott Matherson 4 hours ago

Premium Sponsors

Press Releases

  • Инвестиране в „Uptober“? Крипто...

    52 minutes ago
  • Inwestowanie w „Uptober”? Dział krypto największego...

    1 hour ago
  • Investovať do „Uptober“? Krypto oddelenie najväčšej brazílskej investičnej banky menuje 5 tokenov, ktoré si vyberie

    Investovať do „Uptober“? Krypto oddelenie najväčšej...

    1 hour ago
  • Tri „veľrybami schválené“ altcoiny, ktoré si kúpite pred novembrom

    Tri „veľrybami schválené“ altcoiny, ktoré si...

    1 hour ago
  • Trzy altcoiny „zatwierdzone przez wieloryby”, które warto kupić przed listopadem

    Trzy altcoiny „zatwierdzone przez wieloryby”, które...

    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.