|

Ripple's XRP technical analysis: XRP/USD bulls failed to reclaim big $0.3000 mark

  • Ripple's XRP price in the session on Monday is trading with losses of some 1.50%.
  • XRP/USD bulls attempted to reclaim the $0.3000 mark, however, ran into supply.  
  • The price also hit resistance retesting underneath a breached daily penannt structure. 

Spot rate:                  0.2796

Relative change:      -1.50%

High:                         0.2911

Low:                          0.2772

XRP/USD

Overview
Today last price0.2796
Today Daily Change-0.0040
Today Daily Change %-1.41
Today daily open0.2836
 
Trends
Daily SMA200.2993
Daily SMA500.3269
Daily SMA1000.3703
Daily SMA2000.3432
Levels
Previous Daily High0.2925
Previous Daily Low0.2638
Previous Weekly High0.306
Previous Weekly Low0.2392
Previous Monthly High0.4196
Previous Monthly Low0.2835
Daily Fibonacci 38.2%0.2816
Daily Fibonacci 61.8%0.2748
Daily Pivot Point S10.2674
Daily Pivot Point S20.2512
Daily Pivot Point S30.2386
Daily Pivot Point R10.2962
Daily Pivot Point R20.3087
Daily Pivot Point R30.3249

XRP/USD daily chart

  • Price action fell short attempting to retest a breached penannt and the $0.3000 mark. 

XRP/USD 60-minute chart

  • The price is caught between a range of $0.2700-0.2900 via the hourly view.

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

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

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: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.