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: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • 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: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Ripple (XRP) Price Won’t Go Down Quietly: Crucial Uptrend Support Intact

Aayush Jindal
Aayush Jindal
4 years ago
2 mins read
Ripple (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.

Ripple is down over 8% from the $0.3250 resistance zone against the US Dollar. XRP price is now approaching a major uptrend support near the $0.2880 and $0.2850 levels.

  • Ripple is declining and it broke the $0.3000 support zone against the US dollar.
  • The price is currently approaching a crucial support near the $0.2850 level.
  • There is a significant bullish trend line with support near $0.2880 on the 4-hours chart of the XRP/USD pair (data source from Kraken).
  • The pair is likely to bounce back as long as it is above the $0.2850 and $0.2800 support levels.

Ripple Price Is Approaching Key Support

After a strong rejection near the $0.3250 resistance, ripple started a fresh decline. The price broke the $0.3120 support level to move into a short-term bearish zone.

The decline gained pace below the $0.3055 and $0.3050 support levels. The bears even pushed the price below the $0.2920 support level and the 100 simple moving average (4-hours). However, the price is now approaching a crucial support near the $0.2880 and $0.2850 levels.

A low is formed near $0.2872 and the price is currently trading with a bearish zone. An initial resistance on the upside is near the $0.2950 level, followed by the 23.6% Fib retracement level of the recent decline from the $0.3274 high to $0.2872 low at $0.2965.

Ripple (XRP) Price

Ripple (XRP) price trades below $0.3000. Source: TradingView.com

The 100 simple moving average (4-hours) is at $0.3000 to stop the upward move. The first major resistance is near the $0.3055 and $0.3065 levels. It is close to the 50% Fib retracement level of the recent decline from the $0.3274 high to $0.2872 low.

On the downside, there is a strong support waiting near $0.2850 and $0.2800. If ripple fails to stay above the $0.2800 support zone, it could dive further towards the $0.2500 support in the near term.

Fresh Increase in XRP?

If ripple stays above the $0.2880 and $0.2850 support levels, it could form a new base for a fresh increase. To start a decent increase, it must recover above $0.3000.

The main hurdle is now near the $0.3055 and $0.3065 levels, above which the bulls are likely to aim a retest of the $0.3250 resistance zone in the coming sessions.

Technical Indicators

4-Hours MACD – The MACD for XRP/USD is now gaining strength in the bearish zone.

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

Major Support Levels – $0.2880, $0.2850 and $0.2800.

Major Resistance Levels – $0.2950, $0.3000 and $0.3055.

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 Steadies Above Support

XRP Price Retraces Gains But Maintains Its Bullish Structure

XRP price found support at $2.250 and started a fresh increase. The price is now correcting gains from $2.650 and...

Aayush Jindal 3 hours ago
Ethereum Price at Risk

Ethereum Price Dips: Healthy Cooldown or Warning Sign of Bigger Trouble?

Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might revisit the $2,350 support...

Aayush Jindal 4 hours ago
Bitcoin Price Stays Above $100K

Bitcoin Price Pulls Back to Support: Opportunity or Warning Sign?

Bitcoin price started a fresh surge above the $102,500 zone. BTC is now correcting gains and trading below the $103,500...

Aayush Jindal 5 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 price

Ethereum Price Surges 50%: Top Expert Declares It The Best Crypto To Buy Now

Ronaldo Marquez 17 minutes ago
Krypto býčí trh je tu top 3 altcoiny na kúpu a držanie

Krypto býčí trh je tu: top 3 altcoiny na kúpu a držanie

newsbtc 36 minutes ago

Cardano (ADA) Dips: Temporary Correction or Start of Deeper Move?

Aayush Jindal 2 hours ago

Premium Sponsors

Top Brands

Press Releases

  • The market value of Bitcoin has successfully exceeded...

    13 hours ago
  • CoinACE Opens Pre‑Registration for June 1 Early Access...

    14 hours ago
  • STAU Foundation Announces Official Listing of Digital Gold...

    15 hours ago
  • Earn $6,779 a day by remotely launching a Bitcoin miner...

    15 hours ago
  • As Bitcoin prices soar, cloud mining becomes a new favorite...

    15 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.