{"id":20507,"date":"2024-11-14T14:24:10","date_gmt":"2024-11-14T14:24:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=20507"},"modified":"2024-11-14T14:24:10","modified_gmt":"2024-11-14T14:24:10","slug":"ripple-price-analysis-can-xrp-continue-toward-1-after-35-weekly-surge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=20507","title":{"rendered":"Ripple Price Analysis: Can XRP Continue Toward $1 After 35% Weekly Surge?"},"content":{"rendered":"

Ripple\u2019s price is finally moving, as Bitcoin trades at all-time high values. Yet, there\u2019s still a major obstacle the market should take out before a long-term rally begins.<\/p>\n

By Edris Derakhshi (TradingRage)<\/a><\/p>\n

The USDT Paired Chart<\/h2>\n

On the XRP\/USDT pair\u2019s daily chart, the asset has been rallying impulsively over the last few days, following a rebound from the $0.5 level. The 200-day moving average, around the $0.55 mark, has also been broken to the upside.<\/p>\n

Yet, the price is struggling to break past the significant $0.7 resistance level. The RSI also shows a massive overbought signal, which could point to a potential correction in the short term. Either way, the market should break above the $0.7 area soon for a bull market to commence in the coming months.<\/a><\/p>\n

The BTC Paired Chart<\/h2>\n

As the Bitcoin price has surged rapidly, the XRP\/BTC chart is not showing a similar uptrend to the USDT one. Meanwhile, the asset has bounced from the 700 SAT support zone and is currently testing the 200-day moving average, located near the 800 SAT resistance level.<\/p>\n

For Ripple to outperform Bitcoin in the coming months, a breakout above the 800 SAT resistance zone and the 200-day moving average is crucial. On the other hand, if the market fails to continue to the upside, a drop back toward the 600 SAT support area and even lower could be expected.<\/a><\/p>\n

The post Ripple Price Analysis: Can XRP Continue Toward $1 After 35% Weekly Surge?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Ripple\u2019s price is finally moving, as Bitcoin trades at all-time high values. Yet, there\u2019s still a major obstacle the market should take out before a long-term rally begins. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the XRP\/USDT pair\u2019s daily chart, the asset has been rallying impulsively over the last few days, following a […]<\/p>\n","protected":false},"author":0,"featured_media":20508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20507"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20507"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20508"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}