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

Ripple Price Technical Analysis – Can XRP/USD Hold $0.6100?

Aayush Jindal
Aayush Jindal
7 years 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 failed to rise further and started a downside move from the $0.7246 high against the US dollar.
  • There is a major bearish trend line forming with resistance near $0.6850 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair is currently trading just above the $0.6100 support and it remains at a risk of more losses.

Ripple price is under short-term pressure against the US Dollar and Bitcoin. XRP/USD must stay above the $0.6100 support to avoid further declines in the near term.

Ripple Price Decline

After trading above the $0.7000 level, Ripple price failed to hold gains against the US Dollar. The price started a downside move and traded below the $0.7000 level and the 100 hourly simple moving average. It also broke the 23.6% Fib retracement level of the last upside wave from the $0.5324 low to $0.7246 high. More importantly, there was a break below the $0.6500, which has opened the doors for more declines.

The downside move was such that the price even broke the $0.6400 support. More importantly, there was a break below the 50% Fib retracement level of the last upside wave from the $0.5324 low to $0.7246 high. At the moment, the price is testing a major support at $0.6100. It must hold the stated $0.6100 support, else there is a risk of more declines in the near term. On the upside, the broken $0.6400 support may act as a resistance.

Ripple Price Technical Analysis XRP USD

Above $0.6400, the next hurdle is at $0.6500, followed by a major bearish trend line forming with resistance near $0.6850 on the hourly chart of the XRP/USD pair. Moreover, the 100 hourly SMA is at $0.6700 to act as a resistance for an upside move.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is moving slowly in the bearish zone.

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

Major Support Level – $0.6100

Major Resistance Level – $0.6500

 

Charts courtesy – Trading View

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

Bitcoin Cryptocurrency

仮想通貨投資の新時代:ビットコインが10万5千ドルを超え好調な6月へ、注目の新BTCミームコインのプレセール終了まで残り26日

ビットコインは現在106,000ドルで取引されており、週初めの一時的な下落を経ても力強い姿勢を維持しています。この一時的な調整にもかかわらず、市場のセンチメントは依然として強気であり、多くの投資家が6...

Yohei Hanazato 2 hours ago
仮想通貨 1000倍の可能性:BTC Bull、プレセール残り27日

仮想通貨 1000倍の可能性:BTC Bull Token、プレセール終了まで残り27日 – 次の爆上げミームコインか?

BTC Bull Token($BTCBULL)は、ホルダーに実際のビットコイン報酬を支払う初の仮想通貨として注目を集めており、現在は公開市場でのローンチ準備を進めています。仮想通貨 1000倍の可能...

Yohei Hanazato 2 hours ago
Solaxyの未来の展望

ico 仮想通貨ニュース:ICP「ワールド・コンピュータ・サミット」で価格上昇か?注目の新規プレセールにも注目

2025年の「ワールド・コンピュータ・サミット」は、2カ月にわたる横ばい状態から抜け出しつつあるICP価格を押し上げる可能性があります。同時に、Solaxyは現在最も注目すべきico 仮想通貨プレセー...

Yohei Hanazato 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

Ethereum Reclaims Pivotal Level – Key Resistance Around $2,650

Ethereum Reclaims Pivotal Level – Key Resistance Around $2,650

Sebastian Villafuerte 35 minutes ago
Ethereum

Ethereum Price Headed For Crash To $2,000 With Current Price Action

Scott Matherson 2 hours ago
ミームコイン市場で注目の新星:Snorter、Solana発の本格派トレーディングボット

専門家が明かす今週注目の爆発的成長が期待できるソラナのアルトコイン・ミームコイントップ3

Yohei Hanazato 2 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Bitcoin MVRV ratio predicts cloud mining will enter its...

    7 hours ago
  • Solana (SOL) Holders Start Mining Dogecoin with XY Miners...

    7 hours ago
  • Solana (SOL) Investors Earn $85,700 a Day Using Top Cloud...

    9 hours ago
  • ETHRANSACTION launches a variety of plan packages, suitable...

    10 hours ago
  • MEXC to Serve as Major Sponsor at Solana Summit APAC 2025...

    14 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.