{"id":29244,"date":"2023-09-26T06:07:44","date_gmt":"2023-09-26T06:07:44","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/09\/26\/xrp-price-prediction-will-recent-correction-trend-push-xrp-under-0-50\/"},"modified":"2023-09-26T06:07:44","modified_gmt":"2023-09-26T06:07:44","slug":"xrp-price-prediction-will-recent-correction-trend-push-xrp-under-0-50","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/09\/26\/xrp-price-prediction-will-recent-correction-trend-push-xrp-under-0-50\/","title":{"rendered":"XRP Price Prediction \u2013 Will Recent Correction Trend Push XRP Under $0.50?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Ripple\u2019s token value is holding good points above $0.50 towards the US Dollar. XRP value may take successful if it fails to recuperate above $0.512.<\/em><\/p>\n<ul>\n<li>Ripple\u2019s token value is trying a contemporary improve above $0.508 and $0.512 towards the US greenback.<\/li>\n<li>The value is now buying and selling above $0.500 and the 100 easy transferring common (4 hours).<\/li>\n<li>There is a serious contracting triangle forming with resistance close to $0.505 on the 4-hour chart of the XRP\/USD pair (information supply from Kraken).<\/li>\n<li>The pair would possibly achieve bullish momentum if there&#8217;s a shut above $0.512.<\/li>\n<\/ul>\n<h2>Ripple\u2019s Token Price Holds Key Support<\/h2>\n<p>In the final <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-prediction-rally-0-55\/\" target=\"_blank\" rel=\"noopener\">XRP price prediction<\/a>, we mentioned the possibilities of extra good points in Ripple\u2019s XRP towards the US Dollar. The value did climb above the $0.515 resistance degree, however upsides had been restricted, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-turns-vulnerable-26500\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and Ethereum.<\/p>\n<p>The value struggled to clear the $0.525 resistance. A excessive was fashioned close to $0.5254 and the worth noticed a draw back correction. There was a transfer under $0.512 and a spike under $0.50. A low is fashioned close to $0.4907 and the worth is now consolidating.<\/p>\n<p>It is again above the 23.6% Fib retracement degree of the current decline from the $0.5254 swing excessive to the $0.4907 low. XRP value can also be buying and selling above $0.500 and the 100 easy transferring common (4 hours).<\/p>\n<p>On the upside, rapid resistance is close to the $0.508 degree. Besides, there&#8217;s a main contracting triangle forming with resistance close to $0.505 on the 4-hour chart of the XRP\/USD pair. The triangle resistance coincides with the 50% Fib retracement degree of the current decline from the $0.5254 swing excessive to the $0.4907 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468\"><img decoding=\"async\" class=\"alignnone size-full wp-image-552855\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468\" alt=\"XRP Price Prediction\" width=\"1024\" height=\"468\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/XRP_Price-3.png?resize=1024%2C468?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\" data-recalc-dims=\"1\"\/><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" target=\"_blank\" rel=\"noopener\">XRPUSD on TradingView.com<\/a><\/p>\n<p>The subsequent main resistance is close to the $0.5120 degree. An in depth above the $0.512 degree may ship the worth towards the $0.525 barrier. A profitable break above the $0.525 resistance degree would possibly begin a robust rally towards the $0.555 resistance. Any extra good points would possibly name for a check of the $0.580 resistance.<\/p>\n<h2>Downside Break in XRP?<\/h2>\n<p>If ripple fails to clear the $0.512 resistance zone, it may begin one other decline. Initial help on the draw back is close to the $0.50 zone and the 100 easy transferring common (4 hours).<\/p>\n<p>The subsequent main help is at $0.490. If there&#8217;s a draw back break and an in depth under the $0.490 degree, XRP\u2019s value may lengthen losses. In the acknowledged case, the worth may retest the $0.460 help zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for XRP\/USD is now dropping tempo within the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now under the 50 degree.<\/p>\n<p>Major Support Levels \u2013 $0.500, $0.490, and $0.460.<\/p>\n<p>Major Resistance Levels \u2013 $0.508, $0.512, and $0.525.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-prediction-trend-0-50\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Ripple\u2019s token value is holding good points above $0.50 towards the US Dollar. XRP value may take successful if it fails to recuperate above $0.512. Ripple\u2019s token value is trying a contemporary improve above $0.508 and $0.512 towards the US greenback. The value is now buying and selling above $0.500 and the 100 easy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1052,111,110,71,1072,757],"class_list":["post-29244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-correction","tag-prediction","tag-price","tag-push","tag-trend","tag-xrp","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/29244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=29244"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/29244\/revisions"}],"predecessor-version":[{"id":29245,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/29244\/revisions\/29245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/29246"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=29244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=29244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=29244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}