{"id":1342,"date":"2024-11-19T06:00:21","date_gmt":"2024-11-19T06:00:21","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-holds-strong-aiming-for-more-upside-moves\/"},"modified":"2024-11-19T06:00:21","modified_gmt":"2024-11-19T06:00:21","slug":"xrp-price-holds-strong-aiming-for-more-upside-moves","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-holds-strong-aiming-for-more-upside-moves\/","title":{"rendered":"XRP Price Holds Strong, Aiming for More Upside Moves"},"content":{"rendered":"<p><em>XRP price is consolidating gains above the $1.050 support zone. The price could soon aim for more gains above the $1.180 resistance zone.<\/em><\/p>\n<ul>\n<li>XRP price started another increase above the $1.080 resistance.<\/li>\n<li>The price is now trading above $1.0850 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could soon gain bullish momentum if it stays above the $1.00 support zone.<\/li>\n<\/ul>\n<h2>XRP Price Aims Higher<\/h2>\n<p>XRP price formed a base above the $1.00 level and recently started a fresh increase. It outperformed Bitcoin and Ethereum with a move above the $1.050 and $1.080 resistance levels.<\/p>\n<p>The price climbed above the 50% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low. The bulls even pushed the price above the $1.150 resistance level before the bears appeared. It seems like the price faced resistance near $1.170.<\/p>\n<p>The 61.8% Fib retracement level of the downward move from the $1.2745 swing high to the $0.9988 low is acting as a hurdle. However, there is a key bullish trend line forming with support at $1.100 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading above $1.080 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1680 level. The first major resistance is near the $1.200 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-653815 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/XRP_Price_1e7796.png?resize=1024%2C478\" alt=\"XRP Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>The next key resistance could be $1.2740. A clear move above the $1.2740 resistance might send the price toward the $1.3220 resistance. Any more gains might send the price toward the $1.3500 resistance or even $1.3620 in the near term. The next major hurdle might be $1.450.<\/p>\n<h2>Are Dips Supported?<\/h2>\n<p>If XRP fails to clear the $1.1680 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.100 level and the trend line. The next major support is near the $1.060 level.<\/p>\n<p>If there is a downside break and a close below the $1.060 level, the price might continue to decline toward the $1.000 support in the near term. The next major support sits near the $0.980 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.1000 and $1.0600.<\/p>\n<p>Major Resistance Levels \u2013 $1.1700 and $1.2000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is consolidating gains above the $1.050 support zone. The price could soon aim for more gains above the $1.180 resistance zone. XRP price started another increase above the $1.080 resistance. The price is now trading above $1.0850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[149,148,150,151,152],"class_list":["post-1342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=1342"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/1343"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=1342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=1342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=1342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}