{"id":158483,"date":"2022-05-30T07:03:13","date_gmt":"2022-05-30T07:03:13","guid":{"rendered":"https:\/\/precoinnews.com\/?p=158483"},"modified":"2022-05-30T07:03:13","modified_gmt":"2022-05-30T07:03:13","slug":"ripple-price-analysis-bulls-aim-recovery-above-0-42","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/","title":{"rendered":"Ripple Price Analysis: Bulls Aim Recovery Above $0.42"},"content":{"rendered":"

Ripple price is struggling below $0.4500 against the US Dollar, similar to bitcoin. XRP price must clear $0.4200 to start a fresh recovery wave in the near term.<\/em><\/p>\n

Ripple Price Analysis<\/h2>\n

After struggling to clear $0.4500, ripple price started a fresh decline against the US Dollar. The XRP\/USD pair traded below the $0.4200 support level to enter a bearish zone.<\/p>\n

The price even broke the $0.4000 support and the 55 simple moving average (4-hours). It even spiked below the $0.3800 level and traded as low as $0.3661. Recently, there was an upside correction above the $0.3800 resistance level.<\/p>\n

There was a break above the 23.6% Fib retracement level of the key decline from the $0.4369 swing high to $0.3661 low. It is now trading below $0.42 and the 55 simple moving average (4-hours).<\/p>\n

On the upside, the price is facing resistance near $0.4200 and the 55 simple moving average (4-hours). There is also a key bearish trend line forming with resistance near $0.4100 on the 4-hours chart of the XRP\/USD pair.<\/p>\n

The next major resistance sits near the $0.4500 zone. An intermediate resistance might be the 50% Fib retracement level of the key decline from the $0.4369 swing high to $0.3661 low. A clear move above the $0.4200 and $0.4500 resistance zones might start a decent recovery.<\/p>\n

In the stated case, the price could rise towards the $0.5500 level. An initial support on the downside is near the $0.3800 level. The next main support is near the $0.3600 zone. Any more losses could lead the price towards the $0.3500 level, below which the price might even test $0.3250.<\/p>\n

<\/p>\n

Ripple Price<\/p>\n

Looking at the chart, ripple price is now trading below $0.4200 and the 55 simple moving average (4-hours). Overall, the price could start a decent recovery wave if it clears $0.4200 and $0.4500.<\/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 $0.3800, $0.3500 and $0.3200.<\/p>\n

Key Resistance Levels \u2013 $0.4200 and $0.4500.<\/p>\n

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

Ripple price is struggling below $0.4500 against<\/p>\n","protected":false},"author":3,"featured_media":158482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nRipple Price Analysis: Bulls Aim Recovery Above $0.42 - 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-bulls-aim-recovery-above-0-42\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Price Analysis: Bulls Aim Recovery Above $0.42 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ripple price is struggling below $0.4500 against\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-30T07:03:13+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\/2022\/05\/Ripple-Price-Analysis-Bulls-Aim-Recovery-Above-0.42-.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-bulls-aim-recovery-above-0-42\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/\",\"name\":\"Ripple Price Analysis: Bulls Aim Recovery Above $0.42 - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2022-05-30T07:03:13+00:00\",\"dateModified\":\"2022-05-30T07:03:13+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto\",\"item\":\"https:\/\/precoinnews.com\/category\/crypto\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Ripple Price Analysis: Bulls Aim Recovery Above $0.42\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ripple Price Analysis: Bulls Aim Recovery Above $0.42 - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Price Analysis: Bulls Aim Recovery Above $0.42 - Pre Coin News","og_description":"Ripple price is struggling below $0.4500 against","og_url":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/","og_site_name":"Pre Coin News","article_published_time":"2022-05-30T07:03:13+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/05\/Ripple-Price-Analysis-Bulls-Aim-Recovery-Above-0.42-.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/","url":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/","name":"Ripple Price Analysis: Bulls Aim Recovery Above $0.42 - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2022-05-30T07:03:13+00:00","dateModified":"2022-05-30T07:03:13+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/ripple-price-analysis-bulls-aim-recovery-above-0-42\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Crypto","item":"https:\/\/precoinnews.com\/category\/crypto\/"},{"@type":"ListItem","position":3,"name":"Ripple Price Analysis: Bulls Aim Recovery Above $0.42"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/158483"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=158483"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/158483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/158482"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=158483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=158483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=158483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}