TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Ripple's XRP Technical Analysis: XRP/USD big barrier at $0.3500

  • Ripple's XRP price on Thursday is trading in very minor positive territory up some 0.50%.
  • XRP/USD bulls are capped to the upside by resistance seen at $0.3500. 
  • Looking further to the north, chunky supply can be observed heading into the $0.4000. 
Ripple's XRP Technical Analysis: XRP/USD big barrier at $0.3500
Ken ChigboKen ChigboIndependent Analyst

Spot rate:                  0.3389

Relative change:      +0.50%

High:                         0.3491

Low:                          0.3213

XRP/USD

Overview
Today last price0.3403
Today Daily Change0.0034
Today Daily Change %1.01
Today daily open0.3369
 
Trends
Daily SMA200.3358
Daily SMA500.3225
Daily SMA1000.3199
Daily SMA2000.371
Levels
Previous Daily High0.3427
Previous Daily Low0.3214
Previous Weekly High0.3715
Previous Weekly Low0.3178
Previous Monthly High0.3276
Previous Monthly Low0.287
Daily Fibonacci 38.2%0.3346
Daily Fibonacci 61.8%0.3295
Daily Pivot Point S10.3246
Daily Pivot Point S20.3123
Daily Pivot Point S30.3032
Daily Pivot Point R10.3459
Daily Pivot Point R20.355
Daily Pivot Point R30.3673

XRP/USD 60-minute chart

Price action via the 60-minute formed somewhat of a bearish evening / shooting star, rejection at $0.3500. 

XRP/USD daily chart

  • A big barrier to the upside can be seen at $0.3500, a break here should open the door for a retest up towards the $0.4000 area. 

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

Ripple slides to $1.45 as downside risks surge

Ripple slides to $1.45 as downside risks surge

Ripple edges lower at the time of writing on Tuesday, from the daily open of $1.48, as headwinds persist across the crypto market. A short-term support is emerging at $1.45, but a buildup of bearish positions could further weaken the derivatives market and prolong the correction.

Bitcoin slips below $68,000 as defensive stance limits recovery

Bitcoin slips below $68,000 as defensive stance limits recovery

Bitcoin edges lower on Tuesday, extending consolidation in a trading range for over ten days. Market conditions remain defensive, with sustainable recovery depending on renewed spot demand, report says.

Crypto Today: Bitcoin, Ethereum, XRP upside looks limited amid deteriorating retail demand

Crypto Today: Bitcoin, Ethereum, XRP upside looks limited amid deteriorating retail demand

The cryptocurrency market extends weakness with major coins including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trading in sideways price action at the time of writing on Tuesday.

Meme Coins Price Prediction: Bears push Dogecoin, Shiba Inu, Pepe to the ropes

Meme Coins Price Prediction: Bears push Dogecoin, Shiba Inu, Pepe to the ropes

Meme coins, including Dogecoin, Shiba Inu, and Pepe, are under pressure on Tuesday, extending Sunday’s decline. The derivatives data show substantial outflows from DOGE, SHIB, and PEPE futures Open Interest, primarily driven by long-side-skewed liquidations. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.