Ripple Price Analysis: XRP/USD needs to crack this key resistance to conquer $0.65

  • XRP/USD in upside consolidates, gathering strength before the next push higher.
  • The No. 7 coin spots a bull crossover on the daily chart, amid a bullish RSI.
  • $0.65 remains on the buyers’ radar on a sustained break above critical resistance just above $0.60.

Ripple (XRP/USD) is holding the higher ground for the third straight session, as sellers continue to lurk just shy of the $0.60 mark.

The no.7 crypto coin awaits a strong catalyst for the next push higher. The Good Friday holiday-thinned trading could likely propel exaggerated move in the spot.

At the time of writing, XRP/USD is trading better bid above $57,100 levels, posting small gains on the day. The coin tracks the upbeat sentiment across the crypto board, as Bitcoin briefly regains the $60,000 threshold.

XRP/USD: Looking for a big break higher?

XRP/USD: Daily chart 

Ripple’s daily chart shows that the price has failed to find acceptance above the powerful horizontal trendline resistance (orange) at $0.60.

This has prompted the bulls to enter a phase of consolidation, as they gather strength once again, in order to yield a sustained break above the latter.

If the upside break materializes, the next fierce barrier awaits around $0.6425, which is a static resistance, represented by a horizontal trendline (yellow).

A daily closing above that level is needed to resume the uptrend towards $0.80.

The 14-day Relative Strength Index (RSI) trades listless but comfortable above the midline, suggesting that there remains an additional room for the spot to rise.

A bull crossover, charted by the 21-daily moving average (DMA) having pierced through the 50-DMA from below, further adds credence to the bullish potential.

On the flip side, Immediate support awaits at the bullish 21-DMA of $0.5155, below which the 50-DMA at $0.5031 could be challenged.

Further south, the strong psychological support at $0.50 could help limit the declines in the XRP/USD pair.

XRP/USD: Additional levels to consider


Today last price 0.57115
Today Daily Change -0.0011
Today Daily Change % -0.19
Today daily open 0.5705
Daily SMA20 0.5127
Daily SMA50 0.5022
Daily SMA100 0.4078
Daily SMA200 0.3801
Previous Daily High 0.5949
Previous Daily Low 0.5485
Previous Weekly High 0.6003
Previous Weekly Low 0.4519
Previous Monthly High 0.6003
Previous Monthly Low 0.4131
Daily Fibonacci 38.2% 0.5772
Daily Fibonacci 61.8% 0.5663
Daily Pivot Point S1 0.5477
Daily Pivot Point S2 0.5249
Daily Pivot Point S3 0.5013
Daily Pivot Point R1 0.5941
Daily Pivot Point R2 0.6177
Daily Pivot Point R3 0.6405



Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Ethereum bulls eye $2,500 after shattering crucial resistance level

Ethereum price closed well above the MRI's breakout line at $2,345, suggesting a massive bullish momentum in play. Whales are accumulating non-stop, which hints at their interest in ETH at current price levels. A bullish divergence between the number of daily active addresses and exchange deposits reveals a move to $2,500 shortly.

More Ethereum news

Chainlink adoption soars, but LINK price may retrace before setting up new all-time highs

Chainlink Network will now receive high-quality price feeds from traditional markets via data provider New Change FX. LINK price shows signs of exhaustion as the MRI flashed a cycle top signal. A minor retracement will arrive before a climb to record levels.

More Chainlink news

Algorand vies for 85% advance upon the breach of its consolidation

Algorand price is traversing a bullish pennant, hinting at an 85% upswing to $2.83. A decisive close above $1.53 will signal a breach of the pennant’s upper trend line. ALGO will kick-start a new downtrend if it slices through the 50% Fibonacci retracement level at $1.03.

More Algorand news

Bitcoin on-chain data shows BTC is reaching “peak hype,” signaling short-term consolidation

Bitcoin’s on-chain data suggest a short-term correction may be needed before Bitcoin could continue its price rally.  Market sentiment toward Bitcoin poses a major concern for the cryptocurrency, indicating it is approaching “peak hype.”

More Bitcoin news


Bitcoin Weekly Forecast: SEC commissioner cozies up to BTC ETF, on-chain metrics reset making way for volatile move

Bitcoin’s mainstream adoption has soared over the last couple of months, with institutions like Visa, Goldman Sachs, Morgan Stanley, and others dipping their toes in the BTC markets. Likewise, prices look primed to advance further despite the ongoing consolidation phase.

Read the weekly forecast