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 قيمت جي حمايت ڪئي وئي آهي

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 ۽ 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.

جو ذريعو: TradingView.com تي 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.

XRP ۾ Dips Limited؟

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.

ايندڙ وڏي سپورٽ $ 0.390 جي ويجهو آهي. جيڪڏهن ڪو هيٺاهين وارو وقفو آهي ۽ $ 0.390 جي سطح هيٺان بند ڪريو، xrp قيمت وڌائي سگھي ٿي نقصان. بيان ڪيل صورت ۾، قيمت $ 0.360 سپورٽ کان به گهٽ ٿي سگهي ٿي.

ٽيڪنيڪل اشارا

4-ڪلاڪ MACD - XRP/USD لاءِ MACD هاڻي تيز رفتار واري علائقي ۾ رفتار حاصل ڪري رهيو آهي.

4-ڪلاڪ آر ايس ايس (لاڳاپي واري طاقت وارو انڊيڪس) - ايڪس آر پي / يو ايس ڊي لاءِ آر ايس ايس هاڻي 50 جي سطح کان مٿي آهي.

ميجر سپورٽ جي سطح - $ 0.390، $ 0.360 ۽ $ 0.320 ڊالر.

ميزين جي مزاحمت جو سطح، 0.410،0.422 $، 0.450،XNUMX ۽ $ XNUMX ڊالر.

اصل ذريعو: نيوز بي ٽي سي