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

A Key Trend is Forming For Ripple (XRP) and a Swift Rally Could Occur

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 up over 5% and it revisited the $0.3250 resistance zone against the US Dollar. XRP price is correcting gains, but it is likely to surge further above $0.3300.

  • Ripple gained bullish momentum and climbed above the $0.3200 resistance against the US dollar.
  • The price traded to a new weekly high near the $0.3280 level and it settled well above the 100 hourly SMA.
  • There is a short-term contracting triangle forming with resistance near $0.3235 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair seems to be following a nice uptrend and the price could continue above $0.3250 and $0.3300.

Ripple Price Gains 5%

In yesterday’s analysis, we discussed a strengthening case for ripple above the $0.3055 resistance. XRP price was able to clear the $0.3055 and $0.3065 resistance levels.

As a result, there was a strong increase above the $0.3120 and $0.3200 resistance levels. The price is up over 5% and it even spiked above the $0.3250 resistance. A new weekly high near the $0.3280 level and it settled well above the 100 hourly SMA.

The price is currently correcting lower and trading below $0.3200. There was a break below the 23.6% Fib retracement level of the recent surge from the $0.2975 low to $0.3279 high. An initial support is near the $0.3150 level.

Ripple (XRP)

Ripple price surpasses $0.3200. Source: TradingView.com

The next major support is near the $0.3120 level. It is close to the 50% Fib retracement level of the recent surge from the $0.2975 low to $0.3279 high. It seems like there is a short-term contracting triangle forming with resistance near $0.3235 on the hourly chart of the XRP/USD pair.

If the bulls succeed in clearing the triangle resistance, there are chances of a strong increase above the $0.3250 and $0.3260 resistance levels. The next hurdle is near the $0.3300 level, above which the price might even climb above the $0.3320 level.

Resistance Turned Support for XRP

If ripple starts an extended downside correction, the $0.3120 support level is likely to stop losses. If there is a downside break below $0.3120, the price could test the $0.3080 support.

Any further losses may perhaps lead the price towards the main $0.3055 support zone (the previous major resistance and breakout zone).

Technical Indicators

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

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is still above the 50 level.

Major Support Levels – $0.3150, $0.3120 and $0.3080.

Major Resistance Levels – $0.3235, $0.3250 and $0.3300.

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

solana meme coin, welke crypto nu kopen

Beste Solana meme coins in mei: PENGU, TRUMP, POPCAT – welke crypto nu kopen?

Solana is tegenwoordig dé blockchain voor meme coins om op gelanceerd te worden. Nu de meme coin markt bezig is...

Lars Diederiksen 4 hours ago
BONK

BONK Poised For Liftoff As Bulls Target Long-Term SMA Breakout

According to crypto analyst CryptoS6, BONK is approaching a critical juncture as it tests the 200-day Simple Moving Average (SMA)...

Godspower Owie 5 hours ago
Bitcoin

Bitcoin Advanced NVT Sits Above This Critical Threshold — What It Means For Price Action

Following another impressive weekly performance, the price of Bitcoin is now trading above the psychologically relevant $100,000 mark. The flagship...

Opeyemi Sule 10 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

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

Sebastian Villafuerte 1 hour ago
Ethereum

Ethereum Holds Above $1,900 Realized Price Signaling Long-Term Bullish Confidence

Semilore Faleti 2 hours ago
HYPE Bulls Regain Control After Sharp Recovery: Approaching Yearly Highs

HYPE Bulls Regain Control After Sharp Recovery – Approaching Yearly Highs?

Sebastian Villafuerte 4 hours ago

Premium Sponsors

Top Brands

Press Releases

  • The $150K BTC Forecast Is In – Don’t Just Watch...

    3 hours ago
  • BTC breaks through $100,000 and market value exceeds $2...

    12 hours ago
  • XRP, DOGE Price Prediction: How to Make $8,700 a Day with...

    14 hours ago
  • BTC breaks through $100,000 again – SIX MINING users...

    17 hours ago
  • Automated Crypto Profits: How KSD Miner Leverages BTC and...

    19 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.