XRP rose 1% on Monday to settle at $0.1922, but the fourth-ranked cryptocurrency remains confined to a narrow range. Sellers drove the token below $0.190 over the weekend before buyers mounted a defen
XRP rose 1% on Monday to settle at $0.1922, but the fourth-ranked cryptocurrency remains confined to a narrow range. Sellers drove the token below $0.190 over the weekend before buyers mounted a defense at that level.
The $0.200 support that bulls have guarded is showing signs of weakness. A move down to $0.182 put pressure on buyers, while sellers managed to hold the upside at $0.193. If XRP breaks through $0.195, the psychological $0.20 target comes into reach.
Advertisement
728×90
Looking at the 4-hour timeframe, XRP is consolidating above $0.1870. Fibonacci resistance appears at $0.1933 for the 0.618% level and $0.1974 for the 0.5% level. If selling intensifies, the 1.618% Fibonacci retracement on the downward channel sits at $0.1580.
The technical picture is encouraging for bulls. An upward-pointing RSI shows a bullish divergence is developing. Buy signals have cropped up on both the daily and weekly XRP/USD and XRP/BTC charts, suggesting that further upside could materialize.
The TD Sequential indicator is flashing "9" across both timeframes. Traders monitor this reading as a potential breakout signal—any dips should accelerate higher if the pair can maintain its position above $0.1878.
Over the past 24 hours, XRP jumped 4.8% and reclaimed the divergence exponential moving average. On the 4-hour chart, prices that stay above the DEMA at $0.1910 will confirm an uptrend is taking shape. A drop below that average will show that the downtrend remains intact.
At press time, XRP traded at $0.1914.
MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.
Advertisement
728×90
Bitcoin reached $109,356 on January 20, 2025, marking a new all-time high coinciding with Trump's inauguration.
Bitcoin Cash ABC's price rocketed 62% in the past day, climbing from $12.27 to $19.97 as the project released a new client focused on stability fixes. The rebound offered holders a reprieve after the
Bitcoin reached $18,483 in the past 24 hours, extending a significant rally over the previous week. BTC/USD climbed more than 15 percent in the last seven days following a breakthrough past the $16,00
Law enforcement caught a California man attempting one of the more dramatic getaways in recent financial crime history. Matthew Piercey, accused of orchestrating a massive investment scam, tried to es
Grayscale Investments has crossed an unprecedented $10.4 billion in digital asset holdings, marking the first time the institutional crypto fund manager has reached this significant threshold. The mil
DeFi token yearn.finance (YFI) jumped more than 20% as Bitcoin surged past $18,000, sparking enthusiasm across the crypto market. The token climbed from just above $21,000 to an intraday peak of $24,8
Verifiable crypto journalism, delivered to your inbox.
Weekday mornings. No hype. No financial advice. Just what happened and why it matters.
No spam. Unsubscribe anytime. Read our privacy policy.
