NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Ripple Price Technical Analysis – XRP/USD Could Decline Further

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ripple Price Technical Analysis XRP USD

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Highlights

  • Ripple price accelerated declined and broke the $0.6000 and $0.5800 support levels against the US dollar.
  • There is a short-term bearish trend line forming with resistance at $0.5800 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair remains at a risk more losses below the $0.5600 and $0.5500 support levels.

Ripple price is in a bearish trend against the US Dollar and Bitcoin. XRP/USD is struggling to hold ground and it could decline further towards $0.5400.

Ripple Price Bearish Trend

There was no recovery in Ripple price above the $0.6400 and $0.6500 resistance levels against the US Dollar. The price declined further and it broke a major support at $0.6150. It opened the doors for more losses and the price declined below the $0.6000 and $0.5800 support levels. Clearly, the price is in a bearish trend and is currently trading well below the $0.6000 level and the 100 hourly simple moving average.

The recent low was formed at $0.5595 and it seems like the price may even struggle to correct higher. An initial resistance is around the 23.6% Fib retracement level of the last decline from the $0.6561 high to $0.5595 low. There is also a short-term bearish trend line forming with resistance at $0.5800 on the hourly chart of the XRP/USD pair. If buyers succeed in pushing the price above $0.5800, the next resistance is at $0.6000. Moreover, the 50% Fib retracement level of the last decline from the $0.6561 high to $0.5595 low is at $0.6078 to act as the next hurdle.

Ripple Price Technical Analysis XRP USD

On the downside, the recent low of $0.5595 remains at a risk. A break below $0.5595 may call for more losses below $0.5500 in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is placed nicely in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently around the 25 level.

Major Support Level – $0.5500

Major Resistance Level – $0.6000

 

Charts courtesy – Trading View

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto news

Crypto Bulls Smell Blood: SOFR–RRP Spread Hints QT Pivot By October

An obscure spread at the heart of US money markets just flashed a bright warning, and crypto traders are pouncing...

Jake Simmons 2 hours ago
Dogecoin Revival Coming as Thumzup Eyes $DOGE Payments: Is Maxi Doge the Next 1000x Crypto?

Thumzup Adopts $DOGE Payments and Smart Money’s Rotating to Maxi Doge’s Potential 1000x Presale

What to Know: Thumzup Media announces Dogecoin integration for creator payouts Corporate adoption of meme coins signals market maturation, but...

Elena Bistreanu 2 hours ago
BTC koers verwachting: CryptoQuant CEO voorspelt crash naar $77k – kan Bitcoin instorten?

Bitcoin crash naar $96k waarschuwing – bescherm je winst met HYPER

De crypto markt kreeg deze week een flinke waarschuwing te verwerken nadat een populaire analist voorspelde dat de Bitcoin koers...

Lars Diederiksen 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin passe le stress test : le krach n’était qu’un faux départ

evanss 9 minutes ago
Dogecoin news

Why The Dogecoin Price Could Still Hit A 600% Rally To Send It Above $1.5

Sandra White 1 hour ago

Correzione Ethereum finita? I dati di Binance indicano un possibile balzo verso 6.800 $

Maria Giovanna Ambrosio 2 hours ago

Premium Sponsors

Press Releases

  • ChatGPT Predicts Price of Solana

    ChatGPT dự đoán giá của Solana, Cardano và Pepenode...

    54 minutes ago
  • Các Meme Coin Tiềm Năng Nên Mua Khi Elon Musk Có...

    3 hours ago
  • Potential coins

    Các Đồng Coin Tiềm Năng 1000x? Bitcoin Hyper Chuẩn...

    3 hours ago
  • Best altcoins

    Các Altcoin Hàng Đầu Nên Mua Khi Cặp ETH/BTC Đang...

    3 hours ago
  • ドージコイン 今後の価格予測:強気ダイバージェンスが示す新たな上昇のチャンス

    ドージコイン...

    22 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

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