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

Bears Beware: Ripple Uptrend Far From Over, Here Are Key Supports To Watch

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ripple Bears

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 extended its rise above the $0.2450 resistance against the US Dollar, similar to bitcoin above $8,800. XRP price topped near the $0.2540 area and recently corrected lower.

  • Ripple price is down more than 6% and broke the $0.2400 support against the US dollar.
  • The price is now trading below $0.2350, but there are many key supports on the downside.
  • There was a break below a major bullish trend line with support near $0.2370 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could decline towards the $0.2240 support area before it starts a fresh increase.

Ripple Price Approaching Support

Recently, we saw a strong rise in ripple above the $0.2400 and $0.2450 resistance levels against the US Dollar. Moreover, XRP price surged above the $0.2500 level and settled above 100 hourly simple moving average.

However, the bears were able to protect gains above the $0.2540 and $0.2550 levels. A high was formed near $0.2540 level and the price started a downside correction. Similarly, there was a strong decline in bitcoin price after it failed to clear the $9,200 resistance area.

Ripple dropped more than 6% and broke many supports near $0.2450 and $0.2400. Besides, there was a break below a major bullish trend line with support near $0.2370 on the hourly chart of the XRP/USD pair.

Ripple Price
Ripple Price

The pair is now trading well below the $0.2350 level and the 100 hourly simple moving average. A low is formed near $0.2269 and the price is currently correcting higher.

It is trading near the 23.6% Fib retracement level of the recent decline from the $0.2540 high to $0.2269 low. The first key resistance for ripple is near the $0.2350 level and the 100 hourly SMA.

Above $0.2350, the price could recover towards the $0.2400 resistance or the 50% Fib retracement level of the recent decline from the $0.2540 high to $0.2269 low.

On the downside, the main supports are near the $0.2240 and $0.2220 levels, where the bulls are likely to take a stand in the near term.

XRP Could Rise Again

On the upside, XRP bulls need to push the price above the $0.2400 resistance. If there is a successful close above the $0.2400, the price could start a fresh increase towards the $0.2500 and $0.2550 levels.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is about to move back into the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is declining and it is below the 45 level.

Major Support Levels – $0.2270, $0.2240 and $0.2220.

Major Resistance Levels – $0.2350, $0.2400 and $0.2500.

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

Litecoin, Aptos, Polkadot, SUI, chainlink, Stellar

SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target

After recovering from the recent pullbacks, SUI is attempting to reclaim a crucial resistance, which could trigger a breakout from...

Rubmar Garcia 1 hour ago

BTC-майнеры держат монеты, несмотря на низкую прибыль

Согласно последним ончейн-данным, майнеры Bitcoin отказываются распродавать свои запасы BTC, несмотря на рекордно низкую прибыльность. Комиссии за транзакции BTC на...

lisachaikina 3 hours ago

加密貨幣集體上升 比特幣目標價13萬美元!現在下注百倍幣有哪些?

宏觀轉向牛市訊號紛至沓來,七月的開局猶如多頭列車啟動信號響起。加密貨幣市場全面走強,比特幣升穿11萬美元關鍵區間,以太坊亦隨之上攻,迷因與山寨代幣板塊迅速接棒,整體市值隨之水漲船高。 這場漲勢並非空穴...

Mark Mak 4 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

2025年Bitunix限時加密獎勵攻略:註冊、入金、交易三重紅利8月前一次領

Peter Chow 9 minutes ago
Paskutinės 3 dienos: BTC Bull Token sudegina 35 % bendro tiekimo – ar laukia 10 kartų augimas?

Paskutinės 3 dienos: BTC Bull Token sudegina 35 % bendro tiekimo – ar laukia 10 kartų augimas?

Tomas Jankūnas 17 minutes ago
XRP koers kan 78% stijgen na wedge breakout

XRP koers kan 78% stijgen na wedge breakout

Lars Diederiksen 1 hour ago

Premium Sponsors

Press Releases

  • Dự Đoán Giá Fartcoin: Meme Coin Tiềm Năng FARTCOIN...

    38 minutes ago
  • CertiK Validates FUNToken’s

    CertiK Validates FUNToken’s Smart Contract Strength With...

    43 minutes ago
  • Explore Potential Coins

    Peter Thiel của PayPal Hậu Thuẫn Ngân Hàng Crypto...

    56 minutes ago
  • Altcoin season uitgesteld? Bitcoin dominantie houdt kapitaal weg van XRP, SOL en ADA

    Những Altcoin Nên Mua Tháng 7 – USELESS, BROCCOLI...

    1 hour ago
  • Cloud Mining

    Free QFSCOIN Cloud Mining Regulated By US Law Launches BTC...

    1 hour 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.