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

Crypto Alert: XRP Price at Risk of Significant Downturn

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
XRP Price at Risk

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.

XRP price failed to recover above the $0.5050 resistance zone. The price is now moving lower and might gain bearish momentum below the $0.480 support.

  • XRP is gaining bearish momentum below the $0.500 support.
  • The price is now trading below $0.500 and the 100-hourly Simple Moving Average.
  • There was a break below a connecting bullish trend line with support at $0.4950 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could decline heavily if it breaks the $0.480 support zone.

XRP Price Breaks Support

XRP price attempted a recovery wave above $0.4920 like Ethereum and Bitcoin. The price climbed above the $0.500 resistance zone, but the bears were active near $0.5050.

A high was formed at $0.5053 and the price is again moving lower. There was a move below the $0.4980 and $0.4950 support levels. The price traded below the 23.6% Fib retracement level of the recovery wave from the $0.4533 swing low to the $0.5053 high.

Besides, there was a break below a connecting bullish trend line with support at $0.4950 on the hourly chart of the XRP/USD pair. The pair is now trading just above the 50% Fib retracement level of the recovery wave from the $0.4533 swing low to the $0.5053 high.

However, it is still trading below $0.50 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4920 level. The first key resistance is near $0.4950. The next major resistance is near the $0.500 level.

XRP Price
Source: XRPUSD on TradingView.com

A close above the $0.500 resistance zone could send the price higher. The next key resistance is near $0.5050. If there is a close above the $0.5050 resistance level, there could be a steady increase toward the $0.5250 resistance. Any more gains might send the price toward the $0.5350 resistance.

More Losses?

If XRP fails to clear the $0.4950 resistance zone, it could continue to move down. Initial support on the downside is near the $0.480 level.

The next major support is at $0.4740. If there is a downside break and a close below the $0.4740 level, the price might accelerate lower. In the stated case, the price could decline and retest the $0.4550 support in the near term.

Technical Indicators

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

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

Major Support Levels – $0.4800 and $0.4740.

Major Resistance Levels – $0.4950 and $0.5050.

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

Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity

Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity

Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the...

Samuel Edyme 2 hours ago

Új DeFi érme 22%-ot emelkedik, miközben a Solana és a Tron szenved a piaci volatilitástól

Egy olyan időszakban, amikor a kriptovaluta-piac fokozott volatilitást mutat, a befektetők stabilabb és ígéretesebb lehetőségek után kutatnak. Miközben a piacvezető...

Kovács Bálint 5 hours ago
Dogecoin

Dogecoin Must Hold This Level—Or Risk A 30% Price Crash

An analyst has explained how Dogecoin might have to hold strong above this level, if the memecoin has to avoid...

Keshav Verma 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

加密富翁押中Hyperliquid獲利5億美元 鏈上追蹤領幣前最後1周重金押注Solaxy

Kelvin Lee 25 minutes ago
ETH, ether, Ethereum

Ethereum Eyes Big Move As Price Compresses Between Key Levels – $2,100 Or $4,000 Next?

Rubmar Garcia 25 minutes ago
XRP Price Climbs Higher

XRP Price Climbs Higher — Is It Finally Turning Attractive to Bulls?

Aayush Jindal 2 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Start a Bitcoin Miner with Kraken and Earn $7,715 a Day

    5 hours ago
  • Solaxy

    Solaxy ICO bước vào giờ chót khi cá voi tiếp...

    8 hours ago
  • Krypto býčí trh je tu top 3 altcoiny na kúpu a držanie

    Đợt tăng giá crypto đã bắt đầu: những alt...

    8 hours ago
  • Bitcoin koers beweegt steeds vaker mee met aandelen - blijvend of tijdelijke trend?

    Bitcoin vượt mặt Amazon, Tesla và Meta – Nhưng...

    8 hours ago
  • Wietnam zalegalizował kryptowaluty, a Saylor doradza Pakistanowi w sprawach blockchain: Najlepsze altcoiny do inwestowania

    Wietnam zalegalizował kryptowaluty, a Saylor doradza...

    10 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.