Ripple Price Analysis: XRP/USD Could Rise And Test $0.17

Ripple price is currently moving higher and trading above the $0.1400 resistance area. XRP to USD is likely to continue higher towards the 0.1640 and $0.1700 resistance levels.

Key Takeaways: XRP/USD

  • Ripple price is slowly recovering from the $0.1280 support area against the US Dollar.
  • XRP/USD traded above the $0.1450 resistance and a key bearish trend line on the 2-hours chart (data feed from Bitstamp)
  • Bitcoin price is also rising and it is now trading above the $5,000 pivot level.

Ripple Price Analysis

After a couple swing moves, ripple price declined again below the $0.1500 support level. XRP to USD traded below the $0.1400 and $0.1350 levels before the bulls appeared near the $0.1280 area.

Ripple Price

Looking at the 2-hours chart, ripple price traded as low as $0.1274 and recently started an upside correction. There was a break above the $0.1300 and $0.1350 resistance levels. Besides, the price surpassed the 50% Fib retracement level of the last decline from $0.1641 to $0.1274.

Moreover, ripple price traded above the $0.1450 resistance and a key bearish trend line on the same chart. At the moment, the price is facing hurdles near the $0.1500 level and the 50 simple moving average (2-hours, purple).

The 61.8% Fib retracement level of the last decline from $0.1641 to $0.1274 is also acting as a key resistance for the bulls. If there is an upside break above the $0.1500 resistance and the 50 SMA, there are chances of a strong upward move.

The next resistance is near the $0.1555 level, above which the bulls are likely to aim a test of the $0.1680 and $0.1700 resistance levels in the near term.

Conversely, the price is likely to start a fresh decline below the $0.1450 support level. An initial support is near the $0.1420 level, below which the price is likely to continue lower towards the $0.1350 level. Any further losses may perhaps lead ripple towards the $0.1280 support level.

Overall, there are a few positive signs visible on the chart above $0.1400 and it seems like the bulls are likely to push the price towards $0.1680 or $0.1700.

Live Ripple (XRP) Price:

1 XRP/USD =$0.2464 change ~ 2.46%

Coin Market Cap

$10.67 Billion

24 Hour Volume

$186.84 Million

24 Hour VWAP


24 Hour Change


Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide