Ripple News Today – Ripple Native Token (XRP) Price Struggles Not To Go Down Without a Fight 

Ripple XRP Price Prediction
  • XRP Price Analysis – XRP/USD pair bullish as $0.2760 level beckons
  • XRP Price Update – XRP Price could bounce back to the upside
  • More Downsides Inclination?
  • Major Resistance and support levels to watch out for

Ripple XRP News Today – There was a break beneath a major bullish trendline with a support level close to $0.2760 on the hourly chart of the XRP/USD pair. XRP News Now – XRP price might find a strong buying pressure close to $0.2700 or $0.2650. XRP Projections – recently, there was a steady surge in XRP price from the $0.2650 support level. XRP price broke the $0.2800 resistance level and the 100 hourly simple moving average.

XRP Price could bounce back to the upside

XRP News Now – XRP bulls failed to drive the price of the token towards the $0.3000 resistance level. A swing low is established close to $0.2861 and the XRP price recently commenced a new price decline. XRP Price Prediction 2020 – It traded beneath the $0.2800 and $0.2780 levels to move into a short term bearish zone. Moreover, there was a break beneath a major bullish trendline with a support level close to $0.2760 on the hourly chart of the XRP/USD pair.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.176
3.41%

XRP Projections – The XRP/USD pair even declined beneath the 50% Fib retracement level of the upward move from the $0.2714 low to $0.2861 high. XRP price is currently trading well beneath the $0.2780 level and the 100 hourly simple moving average. XRP price is testing the 76.4% Fib retracement level of the upward move from the $0.2714 low to $0,2861 high. XRP News Now – On the downside, there are many support levels close to the $0.2700 and $0.2650 levels. While on the upside, the 100 hourly SMA is an early resistance close to $0.2760.

More Downsides Inclination?

XRP News Now – if XRP price fails to surge back above $0.2800, it could decline beneath the $0.2700 support level. The next major support level is close to $0.2800 and $0.2640 levels. XRP Projections – An instant support level is close to the $0.2680 level since it is the 1.236 Fib retracement level of the upward move from the $0.2714 low to $0.2861 high.

Major Resistance and support levels to watch out for

XRP Price Prediction 2020 – generally, there could be a downside extension in the short term, though XRP price might bounce back from $0.2700 or $0.2650. The MACD for XRP/USD pair is currently gaining momentum in the bearish zone, while the RSI for the XRP/USD pair is now well beneath the 50 levels with a bearish angle. XRP News Now – The support levels are $0.2700, $0.2680 and $0.2650. While the resistance levels are $0.2800, $0.2860 and $0.3000.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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