XRP Price Prediction: Uptrend Remains Intact Above $0.38

Pa NewsBTC - 1 ane de sa - Tan Lekti: 2 minit

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 Pri Rete Sipòte

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 ak 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.

sous: XRPUSD sou TradingView.com

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.

Dips limite nan XRP?

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.

Pwochen sipò prensipal la se tou pre $ 0.390. Si gen yon ti dezavantaj epi fèmen anba nivo $ 0.390, pri xrp ta ka pwolonje pèt yo. Nan ka ki endike a, pri a ta ka menm bese anba a $ 0.360 sipò.

Endikatè teknik

4-èdtan MACD - MACD a pou XRP / USD se kounye a pran vitès nan zòn nan optimis.

4-èdtan RSI (relatif fòs Index) - RSI a pou XRP / USD se kounye a pi wo pase nivo a 50.

Nivo Sipò Gwo - $ 0.390, $ 0.360 ak $ 0.320.

Nivo Rezistans Gwo - $ 0.410, $ 0.422 ak $ 0.450.

Sous orijinal: NewsBTC