{"id":49137,"date":"2024-06-18T05:42:51","date_gmt":"2024-06-18T05:42:51","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2024\/06\/18\/xrp-bulls-flex-muscles-potential-uptrend-in-play\/"},"modified":"2024-06-18T05:42:51","modified_gmt":"2024-06-18T05:42:51","slug":"xrp-bulls-flex-muscles-potential-uptrend-in-play","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2024\/06\/18\/xrp-bulls-flex-muscles-potential-uptrend-in-play\/","title":{"rendered":"XRP Bulls Flex Muscles: Potential Uptrend in Play?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><em>XRP worth dipped however the bulls had been lively close to the $0.4700 help. The worth reclaimed the 100-hourly SMA and would possibly proceed to rise if it clears $0.4950.<\/em><\/p>\n<ul>\n<li>XRP worth discovered help at $0.4700 and began a restoration wave.<\/li>\n<li>The worth is now buying and selling above $0.4800 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break under a significant bullish pattern line with help at $0.4915 on the hourly chart of the XRP\/USD pair (information supply from Kraken).<\/li>\n<li>The pair may proceed to rise until it fails to remain above the $0.4820 help zone.<\/li>\n<\/ul>\n<h2>XRP Price Aims Higher<\/h2>\n<p>XRP worth didn&#8217;t clear the $0.520 resistance and reacted to the draw back like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slide-64500\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-support-3350\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. There was a pointy decline under the $0.500 and $0.4850 help ranges. There was a break under a significant bullish pattern line with help at $0.4915 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>However, the bulls took a stand close to $0.4700. The worth began one other upward transfer from the $0.4700 low. There was a transfer above the $0.4750 and $0.4820 resistance ranges. The worth even cleared the 23.6% Fib retracement stage of the downward transfer from the $0.5202 swing excessive to the $0.4700 low.<\/p>\n<p>The worth is now buying and selling above $0.4800 and the 100-hourly Simple Moving Average. On the upside, the worth is dealing with resistance close to the $0.4950 stage and the 50% Fib retracement stage of the downward transfer from the $0.5202 swing excessive to the $0.4700 low.<\/p>\n<figure id=\"attachment_625137\" aria-describedby=\"caption-attachment-625137\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461\"><img decoding=\"async\" class=\"wp-image-625137 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461\" alt=\"XRP Price Chart\" width=\"1024\" height=\"461\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_c161f9.png?resize=1024%2C461?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\" data-recalc-dims=\"1\"\/><\/a><figcaption id=\"caption-attachment-625137\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener\">XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The first key resistance is close to $0.500. The subsequent main resistance is close to the $0.520 stage. A detailed above the $0.520 resistance zone may ship the worth increased. The subsequent key resistance is close to $0.5320. If there&#8217;s a shut above the $0.5320 resistance stage, there might be a gentle enhance towards the $0.5500 resistance. Any extra good points would possibly ship the worth towards the $0.5550 resistance.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If XRP fails to clear the $0.4950 resistance zone, it may begin one other decline. Initial help on the draw back is close to the $0.4865 stage and the 100-hourly Simple Moving Average.<\/p>\n<p>The subsequent main help is at $0.4820. If there&#8217;s a draw back break and an in depth under the $0.4820 stage, the worth would possibly acquire bearish momentum. In the acknowledged case, the worth may decline and retest the $0.4550 help in the close to time period.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now dropping tempo in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now under the 50 stage.<\/p>\n<p>Major Support Levels \u2013 $0.4820 and $0.4700.<\/p>\n<p>Major Resistance Levels \u2013 $0.4950 and $0.500.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-bulls-flex-muscles-0-4950\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP worth dipped however the bulls had been lively close to the $0.4700 help. The worth reclaimed the 100-hourly SMA and would possibly proceed to rise if it clears $0.4950. XRP worth discovered help at $0.4700 and began a restoration wave. The worth is now buying and selling above $0.4800 and the 100-hourly Simple Moving [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[963,10637,10638,2893,553,3117,676],"class_list":{"0":"post-49137","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-bulls","9":"tag-flex","10":"tag-muscles","11":"tag-play","12":"tag-potential","13":"tag-uptrend","14":"tag-xrp"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/49137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=49137"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/49137\/revisions"}],"predecessor-version":[{"id":49138,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/49137\/revisions\/49138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/49139"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=49137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=49137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=49137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}