Ripple Price Prediction: XRP/USD breakout hits wall at $0.1774 as consolidation sets in – Confluence Detector
Ripple price is exchanging hands above $0.1756 after breaking the resistance at $0.1750. The bullish action on Wednesday aimed for the seller congestion at $0.18. However, the buyers hit a wall at $0.1774. The tug of war between the bears and the bulls seems to be favoring the sellers. For instance, the existing trend is bearish and the RSI has slowed down the movement towards the overbought in the 1-hour timeframe.
Ripple price confluence levels
Glancing upwards from the market value, the first hurdle sits at $0.1785. This zone is home to various technical indicators including the previous high one-day, the Bollinger Band 1-hour upper curve and the Fibonacci 23.6% one-week. Although a break above this resistance could pull the price above $0.18, buyers must be ready to tackle the strongest resistance at $0.1877 as highlighted by the pivot point one-day resistance three, SMA 200 4-hour and the previous week high. Consequently, before an approach is made at $0.20, the resistance at $0.1969 must be brought down.
Ethereum Price Analysis: ETH/USD bulls set eyes at $140.00
ETH/USD bottomed at $124.17 on March 30 and has been recovering ever since. At the time of writing, the second-largest coin is changing hands at $137.50, which is 3% higher from this time on Wednesday. Over 7% of ETH holders are losing money at the current price and only 2/6 million addresses purchased their coins at a cheaper price.
-637214116087171749.png)
Tron Price Analysis: TRX/USD consolidates above the Bollinger Band middle curve
Tron price is in consolidation in the middle of key Bollinger Band levels; the upper curve and the middle curve. The price has been on a steady and gradual recovery from the lows traded on March 12 at $.0.0072. At the time of writing, TRX/USD is teetering at $0.01173 while the upside has been capped at $0.012.
%20(11)-637214175455207305.png)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Ethereum Price Forecast: ETH ETFs post first weekly inflows since February
Ethereum ETFs recorded net inflows of $104.1 million on Friday — their highest daily inflow since February 4, per SoSoValue data. As a result, the products saw a weekly net inflow of $157.1 million, which also marks their highest net buying activity since February.
Defi Development Corporation files to offer $1 billion in securities to boost its Solana holdings
Defi Development Corporation filed a registration statement with the Securities & Exchange Commission on Friday, signaling its intent to offer and sell a wide range of securities.
Bitwise hints at NEAR ETF following Delaware registration
The filing marks a crucial step before a firm submits an application for an ETF with the SEC. While Bitwise has not yet applied for a NEAR ETF with the SEC, similar actions preceded its previous XRP and Aptos ETF filings.
Bitcoin price could reach $285K by 2030 as Citigroup forecasts $1.6 trillion stablecoin inflows
Bitcoin price outlook strengthens as Citigroup projects $1.6 trillion stablecoin growth, calling them critical bridges between banks and blockchain.
Bitcoin Weekly Forecast: BTC consolidates after posting over 10% weekly surge
Bitcoin (BTC) price is consolidating around $94,000 at the time of writing on Friday, holding onto the recent 10% increase seen earlier this week.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.