• Ripple lock-step trading stuck in a narrowing range between $0.2192 and $0.3085.
  • XRP nurtures a weak bullish bias in the short term even as the year comes to an end.

Spot rate: $0.2236

Relative change: -0.001911

Percentage change: -0.85%

Trend: Bullish

Volatility: Shrinking

XRP/USD daily chart

Ripple price defends $0.20 support, averting the risk of dropping into the $1.0 range.

The range resistance will have to come down for Santa’s early Christmas gift targeting $0.50.

XRP/USD 4-hour chart

Ripple defends falling channel support, but the channel resistance is a hard nut to crack.

Correction above the channel resistance could give Ripple a push above $0.24 and $0.26, respectively.

XRP/USD 2-hour chart

The rising wedge pattern hints at an impending breakdown.

In the short term, XRP has a weak bullish bias based on the up-trending RSI.

XRP/USD

Overview
Today last price 0.2236
Today Daily Change -0.0020
Today Daily Change % -0.89
Today daily open 0.2256
 
Trends
Daily SMA20 0.2435
Daily SMA50 0.2715
Daily SMA100 0.2673
Daily SMA200 0.3181
 
Levels
Previous Daily High 0.2263
Previous Daily Low 0.2193
Previous Weekly High 0.2356
Previous Weekly Low 0.2015
Previous Monthly High 0.3149
Previous Monthly Low 0.2015
Daily Fibonacci 38.2% 0.222
Daily Fibonacci 61.8% 0.2236
Daily Pivot Point S1 0.2212
Daily Pivot Point S2 0.2168
Daily Pivot Point S3 0.2142
Daily Pivot Point R1 0.2282
Daily Pivot Point R2 0.2307
Daily Pivot Point R3 0.2351

 

 


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


Recommended Content

Editors’ Picks

Dogecoin traders jittery as Elon Musk’s DOGE faces possibility of lawsuit with Trump’s inauguration

Dogecoin traders jittery as Elon Musk’s DOGE faces possibility of lawsuit with Trump’s inauguration

Dogecoin rallies nearly 5% on Monday as crypto tokens gain momentum ahead of Donald Trump’s inauguration event. The Washington Post uncovered a lawsuit likely to be filed against Elon Musk’s Department of Government Efficiency as soon as the President-elect takes office. 

More Dogecoin News
Bitcoin reaches new all-time high above $109K ahead of Trump’s inauguration

Bitcoin reaches new all-time high above $109K ahead of Trump’s inauguration

Bitcoin’s price reaches a new all-time high of $109,588 on Monday after rallying 7.1% the previous week. The recent rally is fueled by Donald Trump’s upcoming inauguration. The US Bitcoin spot ETFs also supported the BTC’s rally, recording a net inflow of $1.86 billion the previous week. 

More Bitcoin News
Bitcoin hits new all-time high, traders brace for market swings ahead of Trump inauguration

Bitcoin hits new all-time high, traders brace for market swings ahead of Trump inauguration

Bitcoin jumps to a new all-time high of $109,588 on Monday. Bitcoin open interest crosses $71 billion as crypto market heats up for Trump’s inauguration. Bitcoin volatility climbs to 73%, and bullish sentiment suggests traders expect short-term market swings, positioning for the upside. 

More Bitcoin News
Solana eyes $300 milestone as DEX volume hits $27 billion, boosted by meme coins TRUMP and MELANIA

Solana eyes $300 milestone as DEX volume hits $27 billion, boosted by meme coins TRUMP and MELANIA

Solana (SOL) price trades in the green around $263 on Monday after hitting a new all-time high of $295.83 the previous day. Artemis data shows that SOL’s Dex trading volume reached a new all-time high of $27 billion, boosted by meme coins TRUMP and MELANIA. 

More Cryptocurrencies News
Bitcoin: BTC rallies above $102,000 ahead of Trump’s inauguration

Bitcoin: BTC rallies above $102,000 ahead of Trump’s inauguration

BTC's price continues to trade in the green, trading above $102,000 at the time of writing on Friday after rallying more than 7% this week. Recent US macroeconomic data released this week supported the rise of risky assets like BTC. 

Read full analysis
Trusted Broker Reviews for Smarter Trading

Trusted Broker Reviews for Smarter Trading

VERIFIED Discover in-depth reviews of reliable brokers. Compare features like spreads, leverage, and platforms. Find the perfect fit for your trading style, from CFDs to Forex pairs like EUR/USD and Gold.

Read More

BTC

ETH

XRP