{"id":148333,"date":"2021-12-27T09:27:17","date_gmt":"2021-12-27T09:27:17","guid":{"rendered":"https:\/\/precoinnews.com\/?p=148333"},"modified":"2021-12-27T09:27:17","modified_gmt":"2021-12-27T09:27:17","slug":"ripple-price-analysis-rally-could-resume-above-0-95","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-rally-could-resume-above-0-95\/","title":{"rendered":"Ripple Price Analysis: Rally Could Resume Above $0.95"},"content":{"rendered":"

Ripple price is gaining pace above $0.900 against the US Dollar, like bitcoin. XRP price could extend gains if there is a move above the $0.950 hurdle.<\/em><\/p>\n

Ripple Price Analysis<\/h2>\n

After forming a base above the $0.7700 level, ripple price started a fresh increase against the US Dollar. The XRP\/USD pair cleared the $0.8200 resistance zone to move into a positive zone.<\/p>\n

The pair even climbed above the $0.9000 zone and the 55 simple moving average (4-hours). The pair even climbed above the $0.9500 resistance. Finally, there was a spike above the $1.00 level. A high was formed near $1.016 before there was a downside correction.<\/p>\n

The price corrected lower below the $0.9800 and $0.9600 levels. The price corrected lower below the 23.6% Fib retracement level of the upward move from the $0.7762 swing low to $1.016 high.<\/p>\n

There was a break below a key bullish trend line with support near $0.9320 on the 4-hours chart of the XRP\/USD pair. However, the bulls remained active near the $0.9000 zone. The 50% Fib retracement level of the upward move from the $0.7762 swing low to $1.016 high also acted as support.<\/p>\n

Any more losses could lead the price towards the $0.8500 level in the near term. On the upside, the price is facing resistance near the $0.9320 level. The next key resistance is near the $0.9500 level. A close above the $0.9500 level could push the price towards the $1.00 level.<\/p>\n

The next major resistance is near the $1.05 level. Any more gains could lead the price towards the $1.10 level. An intermediate resistance might be near the $1.065 level.<\/p>\n

<\/p>\n

Ripple Price<\/p>\n

Looking at the chart, ripple price is now trading above $0.90 and the 55 simple moving average (4-hours). Overall, the price could continue to move up if there is a clear break above the $0.950 resistance.<\/p>\n

Technical indicators<\/h2>\n

4 hours MACD \u2013 The MACD for XRP\/USD is now gaining momentum in the bullish zone.<\/p>\n

4 hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is above the 50 level.<\/p>\n

Key Support Levels \u2013 $0.900, $0.850 and $0.820.<\/p>\n

Key Resistance Levels \u2013 $0.9500 and $1.00.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple price is gaining pace above $0.900<\/p>\n","protected":false},"author":3,"featured_media":148332,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nRipple Price Analysis: Rally Could Resume Above $0.95 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-rally-could-resume-above-0-95\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Price Analysis: Rally Could Resume Above $0.95 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ripple price is gaining pace above $0.900\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-rally-could-resume-above-0-95\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-27T09:27:17+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/12\/Ripple-Price-Analysis-Rally-Could-Resume-Above-0.95-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-rally-could-resume-above-0-95\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-rally-could-resume-above-0-95\/\",\"name\":\"Ripple Price Analysis: Rally Could Resume Above $0.95 - 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