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: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • 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: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Ripple (XRP) Price Could Revisit $0.2000, BTC & ETH Under Pressure

Aayush Jindal
Aayush Jindal
1 year 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.

  • Ripple price rallied recently above the $0.2220 resistance, but failed near $0.2265 against the US dollar.
  • The price currently declining and it is approaching the pre-rally level near $0.2100.
  • There is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • Ethereum is also down and moving towards the $142 support area.

Ripple price is still trading in downtrend despite the recent rally against the US Dollar, similar to bitcoin. XRP price is likely to revisit the $0.2000 support in the near term.

Ripple Price Analysis

After tagging the $0.2100 support area, ripple started a strong rise above $0.2200 resistance area against the US Dollar. Moreover, XRP price rallied above the $0.2220 resistance and the 100 hourly simple moving average.

However, the $0.2265 and $0.2270 levels acted as a strong barrier. A swing high was formed near $0.2277 and the price started trimming gains. It traded below the $0.2180 level and the 100 hourly simple moving average.

Besides, the price broke the 50% Fib retracement level of the recent rally from the $0.2097 low to $0.2277 high. Clearly, ripple price made a failed attempt to start a strong recovery above the $0.2220 and $0.2265 levels.

It is now trading below the 76.4% Fib retracement level of the recent rally from the $0.2097 low to $0.2277 high. Therefore, there is a risk of a downside break below the $0.2100 support area in the near term.

In the mentioned case, the price could even trade below the $0.2050 support area. The main support is near the $0.2000 level, where the bulls are likely to take a stand.

Any further losses could push ripple in a nasty downtrend towards $0.1900 or may be $0.1850. On the upside, there are many resistances near the $0.2150 and $0.2180 levels.

Additionally, there is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair. An intermediate resistance is near $0.2200 and the 100 hourly SMA. If the price climbs above the $0.2200 and $0.2210 resistance levels, it could move into a bullish zone.

Ripple Price
Ripple Price

Looking at the chart, ripple price is down and out below $0.2180. Thus, there are high possibilities of a downside extension below the $0.2100 and $0.2050 levels in the coming sessions. The bears seem to be aiming the $0.2000 support.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is currently gaining pace in the bearish zone.

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

Major Support Levels – $0.2100, $0.2050 and $0.2000.

Major Resistance Levels – $0.2180, $0.2200 and $0.2210.

Tweet123Share213ShareSend
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

Volgens JPMorgan is de Bitcoin waarde te laag. Is dit bullish Bitcoin nieuws?

JPMorgan: Bitcoin prijs is momenteel laag – $126K Bitcoin voor eind 2025

Als we de crypto experts van de vooraanstaande zakenbank JPMorgan Chase mogen geloven, gaat de Bitcoin koers nog flink stijgen....

Lars Diederiksen 12 hours ago
XRP

Analyst Says XRP Price Is Yet To Hit Its First Bearish Target – Details

XRP has been facing a stretch of weakness in recent days, struggling to hold above the $3.00 mark and instead...

Scott Matherson 13 hours ago
Bitcoin price

Analyst Says Bitcoin Price Is Heading To $256K — Here’s When

The Bitcoin price never really caught a break over the past week, falling below the $110,000 mark by Tuesday, August...

Opeyemi Sule 14 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

wepe-burns-2b-eth-wall-street-pepe-nft-public-mint-tw

WEPE銷毀20億以太坊代幣 Wall Street Pepe正式開啟NFT公開鑄造階段

Mark Mak 3 hours ago
Bitcoin

Bitcoin Daily Close Spurs Caution – $110,500 Breakdown Could Shift Momentum

Godspower Owie 6 hours ago
crypto

Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top

Opeyemi Sule 11 hours ago

Premium Sponsors

Press Releases

  • Nejlepší meme coiny v ICO ke koupi před altcoinovou sezónou 2025

    Nejlepší meme coiny v ICO ke koupi před altcoinovou...

    13 hours ago
  • アルトコイン注目:リップルCEOが2030年に暗号資産市場25兆ドルを予測

    ...

    16 hours ago
  • BAY Miner

    BAY Miner Launches Next-Gen Mobile App: Unlock $8,777 Daily...

    17 hours ago
  • XRP’s market capitalization surpassed USDT, while DOT...

    18 hours ago
  • ETHスポットETF資金流入急増、今買うべき仮想通貨おすすめ3選

    ...

    19 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.