• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Binance

    Binance launches support for ADA upgrade

    How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase 1

    How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase

    Digital Yuan

    Digital Yuan-themed scam: Chinese police warns residents to be careful

    Institutional investors

    Institutional investors move 13,000 BTC from Coinbase to cold storage

    Crypto

    Crypto industry reaches a milestone of 100 million users

    Polkadot price

    Polkadot price prediction: DOT to decline to $25

    How ethbox Could be the Future of OTC Trading 2

    How ethbox Could be the Future of OTC Trading

    The Revolution will be Livestreamed 3

    The Revolution will be Livestreamed

    FATF

    FATF to update its guidelines on stablecoins and virtual asset service providers

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Binance

    Binance launches support for ADA upgrade

    How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase 4

    How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase

    Digital Yuan

    Digital Yuan-themed scam: Chinese police warns residents to be careful

    Institutional investors

    Institutional investors move 13,000 BTC from Coinbase to cold storage

    Crypto

    Crypto industry reaches a milestone of 100 million users

    Polkadot price

    Polkadot price prediction: DOT to decline to $25

    How ethbox Could be the Future of OTC Trading 5

    How ethbox Could be the Future of OTC Trading

    The Revolution will be Livestreamed 6

    The Revolution will be Livestreamed

    FATF

    FATF to update its guidelines on stablecoins and virtual asset service providers

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Ripple News

Ripple price prediction: XRP/USD faces $0.3 resistance before bull run starts

Gurpreet Thind by Gurpreet Thind
January 30, 2021
in Ripple News
4 min read
Ripple price prediction
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Ripple price prediction trying to move into bullish territory.
  • XRP/USD brings fresh intra-day highs.
  • Vital RSI and MACD remains below the 200-day SMA.
  • Ripple price prediction faces multiple resistances ahead.
Ripple price prediction: XRP/USD faces $0.3 resistance before bull run starts 7
Cryptocurrency heat map by Coin360

XRP has risen approximately 6.5 percent this week. However, it continues its journey upwards despite the overall bearish sentiment in the crypto market. The Ripple price prediction is moving within the symmetrical triangle pattern, as has been the theme throughout January 2021. The coin has held the immediate lower support at $0.263, which happens to be the .618 Fibonacci level in the current price movement.

Earlier this week, the bears did manage to slip the price under $0.268. The lower Bollinger Band was able to provide adequate support to handle the fall. The swift move downwards on Wednesday has been handled well by the bulls, and the pair was able to bounce back quickly within the respectable Bollinger Band range.

RelatedPosts

Ripple loses another partner as MoneyGram pulls out of deal amid SEC lawsuit

Ripple-SEC lawsuit: No agreement reached as XRP price crashes

Ripple price prediction: XRP at crossroads between a significant bull run and a severe selling spree

61 Million XRP tokens moved by crypto exchanges

The XRP/USD pair managed to reach the triangle top and touch $0.32 high. The sharp move was in contradiction to the broader crypto market, which is more or less stagnant. The upward bias has helped XRP/USD attract more liquidity to its fold. The symmetrical triangle ensures that the price is moving within a tight range of $0.3000 to $0.2443. A confident breakout above the triangle will help bulls take the price towards the next higher resistance at $0.3660.

Ripple price movement in the last 24 hours – Bulls must move beyond $0.3640

Ripple price prediction is currently stuck in a range. The buying action has been stagnant despite the sharp uptrend yesterday that saw the price touch a $0.32 high. The emergence of a symmetrical triangle is sending bearish signals, but confusion prevails since the volume numbers aren’t clarifying any further direction. Both the bulls and the bears are swaying the price within the extremes of the Bollinger Bands.

Looking ahead, the buyers must gather momentum to take the price beyond the $0.3 resistance and close above it confidently. A daily close above this level will bring the higher levels back into the picture. The Ripple price prediction is moving towards positive bias. The price needs to move beyond the $0.35 level to cross the .382 Fibonacci resistance level at $0.358 to make a decent mark on the charts. Furthermore, the pair will find resistance at $0.417 that represents the 0.50 Fibonacci resistance.

On the south side, the pair will find support at the $0.263 level, which has provided significant support to the pair in recent times. The Ripple price prediction shows further support at $0.23, where the .786 Fibonacci support lies for the pair and will hold off any further selloff.

XRP/USD 4-hour chart – Price slowly moving upwards

Ripple price prediction: XRP/USD faces $0.3 resistance before bull run starts 8
Ripple price chart by TradingView

At the time of writing, the pair is trading above $0.2843. The pair has risen from yesterday’s high of $0.2717 and creates a new high in today’s trading session. The price is slowly moving higher to touch the upper range of the Bollinger Bands. The altcoin must close above $0.283 to help bulls maintain the momentum into the weekend.

The volumes are likely to go further down as the weekend approaches. The recovery from $0.2440 low has been remarkable. The RSI, though below 50, has begun to look upwards as the pair remains near the middle region of the Bollinger Bands. The 200-day SMA is still below the price, which further boosts the XRP/USD bulls’ morale. The trendline, however, remains downward sloping, signifying a bearish overtone to the current price movement.

The buyers must shift the focus towards accumulation to create more decisive support pivot points near the $0.2789 region. The upside momentum is capped by a falling MACD, showing more resistance ahead for the Ripple price prediction.

Ripple price prediction conclusion – $0.3 holds the key

The vital threshold level of $0.3 will decide further price movement in XRP/USD. The pair will likely wait at the $0.2890 level to build an accumulation phase. The bulls must achieve a next close above $0.300 to define a new bull run.

The pullback may take the pair near the $0.2600 level and spell another downturn in the pair. The weekly support lies at $0.2440, which may prove a psychological magnet.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Tags: cryptocurrency tradingcryptomarket
Gurpreet Thind

Gurpreet Thind

Gurpreet Thind is pursuing Masters in Electrical Engineering at University of Ottawa. His scholarly interests include IT, computer languages and cryptocurrencies. With a special interest in blockchain powered architectures, he seeks to explore the societal impact of digital currencies as finance of the future. He is passionate about learning new languages, cultures and social media.

Related Posts

Ripple
News

Ripple loses another partner as MoneyGram pulls out of deal amid SEC lawsuit

February 23, 2021
Ripple-SEC lawsuit
Ripple News

Ripple-SEC lawsuit: No agreement reached as XRP price crashes

February 23, 2021
Ripple price prediction
Ripple News

Ripple price prediction: XRP at crossroads between a significant bull run and a severe selling spree

February 22, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Binance

Binance launches support for ADA upgrade

February 27, 2021
How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase 9

How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase

February 27, 2021
Digital Yuan

Digital Yuan-themed scam: Chinese police warns residents to be careful

February 27, 2021
Institutional investors

Institutional investors move 13,000 BTC from Coinbase to cold storage

February 27, 2021
xrp price prediction

XRP Price Prediction: factors that could determine its future value

February 27, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 10

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.