|

Ripple Technical Analysis: XRP/USD bears take price below $0.30

XRP/USD Daily Chart

  • XRP/USD went down from $0.301 to $0.299, breaking the $0.30 support level.
  • The price was trending in the green cloud of the Ichimoku indicator before a bearish breakout.
  • The relative strength index (RSI) indicator is trending close to the oversold territory.
  • On the upside, resistance lies at $0.30, $0.31, and $0.322.
  • On the downside, the $0.288 support line is hugely critical. The previous session bounced back from this support line to take the price back above $0.30.

XRP/USD 4-Hour Chart

  • The signal line is diverging up from the MACD line and this indicates more bullish momentum.
  • The price is trending in a downward channel.
  • Immediate short-term support lies at $0.2997 which the bulls need to defend.

XRP/USD Hourly Chart

  • The price is trending above both the SMA 20 and SMA 50 curves.
  • The SMA 20 curve is about to crossover the SMA 50 curve which is a bullish sign.
  • There is a slight squeeze in the 20-day Bollinger band which shows decreasing market volatility.
  • The price found support above the upward trending line.
  • The price is also trending in the upper-half of the Bollinger band.

Key Levels

XRP/USD

Overview
Today last price0.2995
Today Daily Change-0.0025
Today Daily Change %-0.83
Today daily open0.302
 
Trends
Daily SMA200.329
Daily SMA500.323
Daily SMA1000.318
Daily SMA2000.3613
Levels
Previous Daily High0.3021
Previous Daily Low0.2852
Previous Weekly High0.333
Previous Weekly Low0.2827
Previous Monthly High0.3276
Previous Monthly Low0.287
Daily Fibonacci 38.2%0.2957
Daily Fibonacci 61.8%0.2917
Daily Pivot Point S10.2908
Daily Pivot Point S20.2795
Daily Pivot Point S30.2739
Daily Pivot Point R10.3077
Daily Pivot Point R20.3134
Daily Pivot Point R30.3246


 

Author

Rajarshi Mitra

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.

More from Rajarshi Mitra
Share:

Markets move fast. We move first.

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

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe recover, echoing Bitcoin rebound

Dogecoin, Shiba Inu, and Pepe are trading mixed as Bitcoin records minor gains on Monday, warming sentiment across the broader cryptocurrency market. Still, the incipient recovery in Dogecoin, Shiba Inu, and Pepe remains fragile amid the prevailing downtrend.

Bitcoin consolidates as downside risks persist

Bitcoin has made only three wave rallies from the November lows, which is one of the most important indications that more weakness may still lie ahead.

Polkadot's (DOT) dips, with token underperforming wider crypto markets

DOT $1.8269 fell 2% to $1.84 over the last 24 hours. Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to CoinDesk Research's technical analysis model.

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.