Key Reasons Why Ripple (XRP) Price Could Surge Past $0.25

Ripple is recovering above the $0.2450 resistance against the US Dollar. The current technical structure suggests XRP price is likely to surge above $0.2500 and $0.2550. Ripple is slowly gaining bullish momentum above the $0.2450 resistance against the US dollar. The price is trading near the $0.2500 resistance, but it is above the 100 hourly simple moving average. There is a key bullish trend line forming with support near $0.2470 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could accelerate higher if it clears…

Ripple (XRP) Above This Confluence Resistance Could Spark Fresh Rally

Ripple retested the $0.2380 support zone against the US Dollar. XRP price is likely to start a fresh rally once it clears the 100 hourly SMA and the $0.2460 resistance region. Ripple is recovering higher after tagging the key $0.2380 support zone against the US dollar. The price is trading near the $0.2420 resistance and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $0.2430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must…

Ripple (XRP) Could Avoid Another Setback if it Stays Above 100 SMA

Ripple failed to clear the $0.2500 resistance and corrected lower against the US Dollar. XRP price must stay above $0.2380 and the 100 hourly SMA to start a fresh increase. Ripple is down 3% and it retreated lower from the $0.2485 high against the US dollar. The price is trading near the $0.2380 support and the 100 hourly simple moving average. There was a break below a major rising channel with support near $0.2430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay…

Ripple (XRP) Just Saw A Key Technical Breakout: Relief Rally Underway

Ripple started a steady recovery wave, following bitcoin’s upward move and ethereum’s rally against the US Dollar. XRP price is likely to revisit $0.2575 or $0.2620 in the near term. Ripple is up 4% and it is trading above the $0.2350 and $0.2440 resistance levels against the US dollar. The price is showing positive signs above the $0.2450 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $0.2360 on the hourly chart of the XRP/USD pair (data source…

Underdog Story: Why XRP Could Soon Outperform Bitcoin And Ethereum

XRP has become among the more somber stories of the crypto market since the bubble burst. The once third-ranked asset has fallen down the list of top crypto assets, due to nearly three years of underperformance compared to the rest of the market. However, that underperformance could turn into an underdog story, where Ripple roars past Bitcoin and Ethereum and beats the rest of the crypto space. Here’s what technicals are possibly saying about a powerful new XRP uptrend. XRP Led Last Crypto Rally To All-Time Highs Back in late…

This Single Chart Suggests XRP May Rally Up Towards $0.50

XRP has been moving in close tandem with Bitcoin and the aggregated crypto market throughout the past few days and weeks, with the crypto largely consolidating within the mid-$0.20 region as it continued finding support in the lower-$0.20 region and resistance around $0.30. This price action has done little to offer insight into the cryptocurrency’s near-term outlook, and it does appear that where it trends next will depend largely on where Bitcoin and other major altcoins trend in the near-term. Despite the weakness seen in recent weeks, it is important…

Ripple (XRP) Price is About to See “Liftoff”, As Key Technical Breakout Emerges

Ripple seems to be forming a strong support near $0.2295 against the US Dollar. XRP price is showing breakout signs and it could start a significant recovery wave above $0.2450. Ripple is up 2% and it cleared a major technical breakout pattern against the US dollar. The price seems to be forming a decent support base near the $0.2300 and $0.2295 levels. There was a break above a crucial bearish trend line with resistance near $0.2380 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair…