|

XRP Price Analysis: XRP/USD gunning for big $0.2000 retest

  • XRP price is trading in positive territory, with gains of some 1.00% on Friday.
  • XRP/USD upside momentum appears to be back with the bulls, running at four straight days of gains. 
  • Next major barrier to the upside is eyed at $0.2000, following the recent $0.1900 breach.

XRP/USD daily chart

The bulls are making a solid attempt to break out of a narrowing daily range, as the price is on a run higher. 

XRP/USD 60-minute chart

A bullish pennant structure is viewable via the 60-minute chart view, subject to a potential breakout north.

Spot rate:                   0.1942

Relative change:       +1.00%

High:                          0.1971

Low:                           0.1926

XRP/USD

Overview
Today last price0.1943
Today Daily Change0.0014
Today Daily Change %0.73
Today daily open0.1929
 
Trends
Daily SMA200.1893
Daily SMA500.1811
Daily SMA1000.2192
Daily SMA2000.231
 
Levels
Previous Daily High0.1999
Previous Daily Low0.1859
Previous Weekly High0.1962
Previous Weekly Low0.1741
Previous Monthly High0.2468
Previous Monthly Low0.1129
Daily Fibonacci 38.2%0.1945
Daily Fibonacci 61.8%0.1912
Daily Pivot Point S10.1859
Daily Pivot Point S20.1789
Daily Pivot Point S30.1719
Daily Pivot Point R10.1999
Daily Pivot Point R20.2069
Daily Pivot Point R30.2139

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:

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).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

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.