XRP Price Prediction: Uptrend Remains Intact Above $0.38

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XRP Price Prediction: Uptrend Remains Intact Above $0.38

Ripple is rising steadily above the $0.40 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.410 resistance zone.

Ripple is currently rising above the $0.40 resistance zone against the US dollar. The price is now trading above $0.40 and the 100 simple moving average (4-hours). There is a declining channel forming with resistance near $0.410 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if there is a clear move above the $0.410 resistance zone.

Ripple કિંમત સપોર્ટેડ રહે છે

After forming a base above $0.38, ripple’s XRP started a steady increase against the US Dollar. The price climbed above the $0.40 resistance zone to move into a positive zone, similar to bitcoin અને ethereum.

The bulls pushed the price above the $0.42 level and the 100 simple moving average (4-hours). The increase was such that xrp price even climbed above the $0.43 level. It traded to a new yearly high at $0.4324 before there was a downside correction.

The price declined below the $0.40 level and tested $0.3850. A low is formed near $0.3861 and is currently rising. It is now trading above $0.40 and the 100 simple moving average (4-hours).

It is also trading above the 23.6% Fib retracement level of the recent decline from the $0.4329 swing high to $0.3861 low. An immediate resistance is near the $0.41 zone. There is also a declining channel forming with resistance near $0.410 on the 4-hours chart of the XRP/USD pair.

સોર્સ: TradingView.com પર XRPUSD

The next key resistance is near the $0.422 level. A successful break above the $0.422 resistance might send the price towards the $0.450 resistance. Any more gains might send the price towards the $0.50 level in the coming sessions.

એક્સઆરપીમાં મર્યાદિત ડિપ્સ?

If ripple fails to clear the $0.41 resistance zone, it could start a downside correction. An initial support on the downside is near the $0.3960 level.

આગામી મુખ્ય સપોર્ટ $0.390 ની નજીક છે. જો ડાઉનસાઇડ બ્રેક હોય અને $0.390 સ્તરની નીચે બંધ થાય, તો xrp કિંમત નુકસાનને વધારી શકે છે. ઉલ્લેખિત કિસ્સામાં, કિંમત $0.360 સપોર્ટની નીચે પણ ઘટી શકે છે.

તકનિકી સંકેતો

4-અવર્સ એમએસીડી - એક્સઆરપી / યુએસડી માટેનું એમએસીડી હવે તેજીના ક્ષેત્રમાં ગતિ પ્રાપ્ત કરી રહ્યું છે.

4-કલાક આરએસઆઈ (રિલેટીવ સ્ટ્રેન્થ ઇન્ડેક્સ) - એક્સઆરપી / યુએસડી માટે આરએસઆઈ હવે 50 સ્તરથી ઉપર છે.

મુખ્ય સપોર્ટ લેવલ - 0.390 0.360, 0.320 XNUMX અને XNUMX XNUMX.

મુખ્ય પ્રતિકાર સ્તર - 0.410 0.422, $ 0.450 અને XNUMX XNUMX.

મૂળ સ્ત્રોત: ન્યૂઝબીટીસી