Ripple Price Prediction: XRP/USD Recovers above $1.10, Any Hope? ByAzeez MustaphaPRO INVESTOR Updated: 16 October 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Ripple Price Prediction – October 16 The Ripple price renews the upward movement after testing the support level of $1.10. XRP/USD Market Key Levels: Resistance levels: $1.35, $1.40, $1.45 Support levels: $0.95, $0.90, $0.85 XRPUSD – Daily Chart Buy Ripple Now At the time of writing, XRP/USD is seen trading above the 9-day and 21-day moving averages as the sixth-largest cryptocurrency by market capitalization has on several occasions been able to remain above the 9-day and 21-day moving averages. A few days ago, a monthly high was touched at $1.25 which has been causing the coin to move sideways and this could pave the way for another gain above $1.254. Ripple Price Prediction: Ripple (XRP) May Continue to Consolidate The Ripple price is making another recovery process towards the $1.20 resistance level as the initial break above the 9-day moving average could boost the price farther up. However, the Ripple (XRP) hit a daily high of $1.20 before retreating back to where it is currently trading at $1.15. Meanwhile, from above, more hurdles may come into play if the bulls push the coin towards the upper boundary of the channel as the nearest resistance level may be found at $1.30. However, the short-term trend remains in the hands of the bulls supported by the technical indicator where the Relative Strength Index (14) is almost crossing above 60-level, building on the consistent recovery from the downside. More so, the Ripple’s bullish scenario is emphasized by the RSI (14) as it could extend the action above 60-level. Nevertheless, a break above $1.30 resistance level may likely push the coin towards the potential $1.35, $1.40, and $1.45 resistance levels while a break below the lower boundary of the channel may lead to the supports to $0.95, $0.90, and $0.85 respectively. Against Bitcoin, the Ripple price is consolidating to the downside and moving below the 9-day and 21-day moving averages. Meanwhile, the bulls have been trying to push the price towards the upside and breaking above the moving averages may likely take it to the resistance level of 2100 SAT and above. XRPBTC – Daily Chart In other words, if the coin decides to follow the downtrend, then it may likely hit the critical support at 1700 SAT and below if crosses below the lower boundary of the channel. Meanwhile, the technical indicator Relative Strength index (14) is moving below 35-level, suggesting bearish signals. Looking to buy or trade Ripple (XRP) now? Invest at eToro! Buy Ripple Now 67% of retail investor accounts lose money when trading CFDs with this provider Join Our Telegram channel to stay up to date on breaking news coverage