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 (XRP) Above This Crucial Breakout Zone Could Spark Massive Rally

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ripple

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.

Ripple started an upside correction from the $0.2220 support area against the US Dollar. XRP price is now testing $0.2450 and it must surpass $0.2500 for a fresh rally to $0.3000.

  • Ripple price is currently recovering above the $0.2320 and $0.2400 levels against the US dollar.
  • The price is now facing a couple of key resistances near $0.2450 and $0.2500.
  • There is a major bearish trend line forming with resistance near $0.2430 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The price could either start a massive rally towards $0.3000 or fail near $0.2500 for a fresh decline.

Ripple Price Facing Key Resistance

Yesterday, we saw a strong decline in ripple below the $0.2350 support area and the 100 hourly simple moving average. XRP price even traded below the $0.2250 support level and formed a new weekly low at $0.2229.

It is currently correcting higher above the $0.2300 and $0.2350 resistance levels. The price also climbed above the 23.6% Fib retracement level of the downward move from the $0.2860 high to $0.2229 swing low.

The current price action is positive, but ripple seems to be facing a couple of key hurdles near the $0.2450 and $0.2500 levels. There is also a major bearish trend line forming with resistance near $0.2430 on the hourly chart of the XRP/USD pair.

Ripple Price
Ripple Price

Above the trend line, the main resistance is near the $0.2500 area and the 100 hourly simple moving average. The 50% Fib retracement level of the downward move from the $0.2860 high to $0.2229 swing low is near the $0.2540 level to act as a significant resistance.

Therefore, a clear break above the trend line and then a follow up move above the $0.2500 resistance is must to start a strong rally. If ripple settles above the $0.2500 area and the 100 hourly SMA, the price could rise steadily towards $0.2850 and $0.3000 in the coming days.

Another Failure?

If ripple fails to climb above the $0.2450 and $0.2500 resistance levels, there are chances of another downward move. An initial support is near the $0.2350 level.

A successful close below the $0.2350 support level may perhaps restart downtrend. The next key supports on the downside are visible near the $0.2250 and $0.2220 levels.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is slowly moving into the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently above the 50 level, with a positive bias.

Major Support Levels – $0.2350, $0.2250 and $0.2220.

Major Resistance Levels – $0.2450, $0.2500 and $0.2540.

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

Solana, Monero, SUI

Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up

Amid the geopolitical turmoil, Solana (SOL) has retraced 10% in the past week. Some analysts believe that the altcoin’s correction...

Rubmar Garcia 1 hour ago
Bitcoin Cash (BCH) Pops 8% Higher

Bitcoin Cash (BCH) Pops 8% Higher — Can The Momentum Continue?

Bitcoin Cash price started a major increase above the $475 resistance. BCH is consolidating and might aim for more gains...

Aayush Jindal 2 hours ago
XRP Price Action Tightens

XRP Price Action Tightens — Breakout Looms to The Upside

XRP price started a fresh decline below the $2.20 zone. The price is now consolidating losses and might recover if...

Aayush Jindal 3 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 at Risk? Whale Activity and On-Chain Signals Hint at Further Correction

Analyst Predicts 20% Ethereum Price Crash Below $2,000, Here’s Why

Scott Matherson 26 minutes ago

Top 7 Non-KYC Crypto Exchanges for Secure and Private Transactions

NewsBTC 56 minutes ago

Worldcoin價格下跌是時候買入嗎?鯨魚資金𨍭入Solaxy預售狂吸5,500萬美元!

Mark Mak 1 hour ago

Premium Sponsors

Top Brands

Press Releases

  • The code of wealth in 2025: ETHRANSACTION Dogecoin cloud...

    9 hours ago
  • HashJ Cloud Mining: A portal for multi-chain value...

    9 hours ago
  • 1 nezastaviteľná kryptomena, ktorú podľa Michaela Saylora z MicroStrategy stojí za to kúpiť skôr, než vystrelí o 12 280 %

    1 nezastaviteľná kryptomena, ktorú podľa Michaela...

    15 hours ago
  • 1 неудържима криптовалута, която според Майкъл Сейлър от MicroStrategy си заслужава да се купи, преди да скочи с 12 280%

    1 неудържима криптовалута, която...

    16 hours ago
  • BingX New Dual Investment Offering Sees $1M in User...

    17 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.