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

XRP Price Analysis: XRP/USD enjoys some respite ahead of another potential bear attack

  • XRP price is trading in positive territory, with gains of some 5.70% on Thursday.

  • XRP/USD is heading for a fourth consecutive session in the red. 

  • The next major daily support is eyed at the psychological $0.2000 price mark. 

XRP Price Analysis: XRP/USD enjoys some respite ahead of another potential bear attack
Ken ChigboKen ChigboIndependent Analyst

 

XRP/USD daily chart

Price action extended to the downside, running at three sessions in the red, the bulls are making an attempt to stabilize. A critical ascending trend line of support has caught the price for now.

XRP/USD 60-minute chart 

Near-term price is moving within a bearish flag structure, subject to a breakout south. 

Spot rate:                   0.2415

Relative change:      +5.70%

High:                          0.2448  

Low:                           0.2245

XRP/USD

Overview
Today last price0.2415
Today Daily Change0.0125
Today Daily Change %5.46
Today daily open0.229
 
Trends
Daily SMA200.284
Daily SMA500.2544
Daily SMA1000.2331
Daily SMA2000.2534
 
Levels
Previous Daily High0.2551
Previous Daily Low0.2253
Previous Weekly High0.3187
Previous Weekly Low0.2615
Previous Monthly High0.254
Previous Monthly Low0.1846
Daily Fibonacci 38.2%0.2367
Daily Fibonacci 61.8%0.2437
Daily Pivot Point S10.2179
Daily Pivot Point S20.2068
Daily Pivot Point S30.1882
Daily Pivot Point R10.2476
Daily Pivot Point R20.2662
Daily Pivot Point R30.2774

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 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 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

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

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 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: 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.