Ripple Price Analysis: XRP/USD bulls stay in control as upward trending line holds strong

XRP/USD broke above the SMA 50.
The 20-day Bollinger jaw has narrowed, showing decreasing price volatility.

Rajarshi Mitra Independent Analyst

XRP/USD daily chart

XRP/USD went up from $0.1834 to $0.1847, as the bulls remained in control of the market. The price bounced off the support provided by the upward trending line and broke above the SMA 50 curve. The 20-day Bollinger jaw has narrowed, showing decreasing price volatility. The buyers will aim to take the price above the $0.19-level and break past the SMA 20. The MACD indicates that despite the bullish price action, the overall market momentum is slightly bearish.

Key levels

XRP/USD

Overview
Today last price	0.1843
Today Daily Change	0.0007
Today Daily Change %	0.38
Today daily open	0.1836

Trends
Daily SMA20	0.1882
Daily SMA50	0.1829
Daily SMA100	0.2199
Daily SMA200	0.2316

Levels
Previous Daily High	0.1867
Previous Daily Low	0.1814
Previous Weekly High	0.1962
Previous Weekly Low	0.1741
Previous Monthly High	0.2468
Previous Monthly Low	0.1129
Daily Fibonacci 38.2%	0.1847
Daily Fibonacci 61.8%	0.1834
Daily Pivot Point S1	0.1811
Daily Pivot Point S2	0.1786
Daily Pivot Point S3	0.1758
Daily Pivot Point R1	0.1864
Daily Pivot Point R2	0.1892
Daily Pivot Point R3	0.1917

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

XRP/USD daily chart

Key levels

XRP/USD

Legal Text

Markets move fast. We move first.

Editor's Picks