NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Ripple Technical Analysis – XRP/USD Bearish Pressure Escalates

Aayush Jindal
Aayush Jindal
7 years ago
2 mins read
Ripple Price Technical Analysis XRP USD

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Highlights

  • Ripple price remained in a bearish trend and it traded below the $1.60 support against the US Dollar.
  • This week’s highlighted major bearish trend line with current resistance at $1.85 is preventing upsides on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The price remains at a risk of more losses as long as it is below the $1.80 level.

Ripple price declined further against the US Dollar and Bitcoin. XRP/USD tested the $1.50 level and it is currently placed in the bearish zone for more declines.

Ripple Price Decline

There was no respite for Ripple price as it extended declines below the $1.75 level against the US Dollar. The price moved down and broke the $1.60 support level as well to trade towards $1.50. A low was formed at $1.5002 and it seems like the current bearish pressure is here to stay. A tiny recovery is underway from $1.50. XRP is currently testing the 23.6% Fib retracement level of the last drop from the $2.05 high to $1.50 low.

There are many resistances on the upside near the $1.75 and $1.80 level. An initial resistance is around the 50% Fib retracement level of the last drop from the $2.05 high to $1.50 low. Moreover, this week’s highlighted major bearish trend line with current resistance at $1.85 is preventing upsides on the hourly chart of the XRP/USD pair. Therefore, there is a clear major resistance forming near $1.80. A break above the $1.80-1.85 levels is needed for buyers to take back the lost control.

Ripple Price Technical Analysis XRP USD

On the downside, the recent low of $1.50 is a decent support. XRP must hold $1.50 to avoid further declines toward $1.25 in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is currently in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is recovering from the 30 level.

Major Support Level – $1.50

Major Resistance Level – $1.85

 

Charts courtesy – Trading View, Kraken

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Comments 16

  1. PhishyKris says:
    7 years ago

    Chart is just a tad out of date. Does not account for MoneyGram news and other news to follow in the coming weeks. We’ll see if if trends bearish, but I’m seeing a bottom and reversal, albeit slowly

    Reply
  2. Anand George says:
    7 years ago

    Dude XRP is already trading at $2.0135 levels. The technicals are out of place.

    Reply
  3. Xitiz Pugalia says:
    7 years ago

    Dumbest post read today…!!!

    Reply
  4. Sane Singh says:
    7 years ago

    People like you are a shame to journalism. NewsBTC should fire you.

    Reply
  5. Shaun says:
    7 years ago

    You do realize kraken has been down for 2 days. This post is so out of date to have only been released an hour ago.

    Reply
  6. Atul Batra says:
    7 years ago

    Looks like this guy just copies articles from other posts. You should have published this yesterday would have made more sense. Price today is way higher than you know. Good luck with your crypto trading.

    Reply
  7. Alan Hickman says:
    7 years ago

    What a joke.

    “XRP must hold $1.50 to avoid further declines toward $1.25 in the near term.” You’re kidding right? You mean if it falls below $1.50 that it’s heading toward $1.25? Are you serious? My god, I never would’ve figured that out had you not pointed it out!

    I swear my 10 year old could’ve written this article.

    Reply
    • kk says:
      7 years ago

      So let your 10 year old manage your finance. Is smarter than you.

      Reply
  8. Ghazi Timoumi says:
    7 years ago

    What a joke . at least take a bit of time to see how the prices are doing

    Reply
  9. Darijo Krajinovic says:
    7 years ago

    This post is a real waste of time!!!

    Reply
  10. Bengt Petersson says:
    7 years ago

    Gud.

    Reply
  11. Cirus Danah says:
    7 years ago

    What a jackass hater !

    Reply
  12. Cirus Danah says:
    7 years ago

    I dont know which one is worse.

    Reply
  13. Gary says:
    7 years ago

    waste of time! always check your information before making public…useless

    Reply
  14. Cody Kirk says:
    7 years ago

    This article is a repost from days ago. Author must have bet against XRP or something because the price adjustment from South Korean exchanges made prices slip and many exchanged out of XRP at the sight of it dropping. This money will come back and pump XRP up again especially on the MoneyGram news and look for AMEX’s quarterly results to shine light on how much they save with using Ripple and other larger money movers following suit. If companies move money cheaper and faster with Ripple they increase their margins and pump up the bottom line that investors love.

    Reply
  15. Kissa Allen says:
    7 years ago

    You wrote this a day ago? #DoYouEvenCryptoBro

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 16

  1. PhishyKris says:
    7 years ago

    Chart is just a tad out of date. Does not account for MoneyGram news and other news to follow in the coming weeks. We’ll see if if trends bearish, but I’m seeing a bottom and reversal, albeit slowly

    Reply
  2. Anand George says:
    7 years ago

    Dude XRP is already trading at $2.0135 levels. The technicals are out of place.

    Reply
  3. Xitiz Pugalia says:
    7 years ago

    Dumbest post read today…!!!

    Reply
  4. Sane Singh says:
    7 years ago

    People like you are a shame to journalism. NewsBTC should fire you.

    Reply
  5. Shaun says:
    7 years ago

    You do realize kraken has been down for 2 days. This post is so out of date to have only been released an hour ago.

    Reply
  6. Atul Batra says:
    7 years ago

    Looks like this guy just copies articles from other posts. You should have published this yesterday would have made more sense. Price today is way higher than you know. Good luck with your crypto trading.

    Reply
  7. Alan Hickman says:
    7 years ago

    What a joke.

    “XRP must hold $1.50 to avoid further declines toward $1.25 in the near term.” You’re kidding right? You mean if it falls below $1.50 that it’s heading toward $1.25? Are you serious? My god, I never would’ve figured that out had you not pointed it out!

    I swear my 10 year old could’ve written this article.

    Reply
    • kk says:
      7 years ago

      So let your 10 year old manage your finance. Is smarter than you.

      Reply
  8. Ghazi Timoumi says:
    7 years ago

    What a joke . at least take a bit of time to see how the prices are doing

    Reply
  9. Darijo Krajinovic says:
    7 years ago

    This post is a real waste of time!!!

    Reply
  10. Bengt Petersson says:
    7 years ago

    Gud.

    Reply
  11. Cirus Danah says:
    7 years ago

    What a jackass hater !

    Reply
  12. Cirus Danah says:
    7 years ago

    I dont know which one is worse.

    Reply
  13. Gary says:
    7 years ago

    waste of time! always check your information before making public…useless

    Reply
  14. Cody Kirk says:
    7 years ago

    This article is a repost from days ago. Author must have bet against XRP or something because the price adjustment from South Korean exchanges made prices slip and many exchanged out of XRP at the sight of it dropping. This money will come back and pump XRP up again especially on the MoneyGram news and look for AMEX’s quarterly results to shine light on how much they save with using Ripple and other larger money movers following suit. If companies move money cheaper and faster with Ripple they increase their margins and pump up the bottom line that investors love.

    Reply
  15. Kissa Allen says:
    7 years ago

    You wrote this a day ago? #DoYouEvenCryptoBro

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitwise CIO XRP News

XRP Suppressed? Bitwise CIO Predicts Market Shock Post-Lawsuit

In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the...

Jake Simmons 1 month ago
Bitcoin Price Recovers Some Losses

Bitcoin Price Recovers Some Losses—Is a Full Rebound in Sight?

Bitcoin price started a fresh decline below the $86,000 zone. BTC is now correcting losses and might struggle near the...

Aayush Jindal 2 months ago
Best Presale

今買うべきアルトコイン: 10倍の成長が期待できる3つのICOプロジェクト

仮想通貨市場は常に進化しており、新しい革新的なプロジェクトが投資家の注目を集めています。 その中でも、特に有望な3つのアルファプロジェクトが際立っています。これらのプロジェクトは、10倍から100倍の...

Yohei Hanazato 2 months ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Cardano: Neues Allzeithoch im März?

wernerwassicek 1 month ago
Ethereum, ETH, Crypto

Ethereum Risks Another 15% Correction After Fall Below $2,000 – What’s Next For ETH?

Rubmar Garcia 1 month ago
Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?

Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?

Samuel Edyme 1 month ago

Premium Partners

Top Brands

Press Releases

  • LimeChain

    LimeChain – Builders of Web3 Step into the FIA...

    2 months ago
  • Ripple XRP Investors Making $13,000 Per Day with This Cloud...

    2 months ago
  • How To Make $99k Daily Despite Crypto Market Fluctuations...

    2 months ago
  • EstateX Sells Out the First Tokenized Property in Under...

    2 months ago
  • BlackFort Exchange Network (BXN) Joins Biconomy.com...

    2 months ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.