{"id":295182,"date":"2021-07-21T14:03:02","date_gmt":"2021-07-21T18:03:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=295182"},"modified":"2021-07-22T04:27:32","modified_gmt":"2021-07-22T08:27:32","slug":"ripple-price-prediction-xrp-usd-touches-0-58-resistance","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ripple-price-prediction-xrp-usd-touches-0-58-resistance","title":{"rendered":"Ripple Price Prediction: XRP\/USD Touches $0.58 Resistance"},"content":{"rendered":"

Ripple Price Prediction – July 21<\/strong><\/p>\n

The Ripple price improves as the coin now faces an intraday zone between $0.52 and $0.58.<\/p>\n

XRP\/USD Market<\/h2>\n

Key Levels:<\/p>\n

Resistance levels: $0.70, 0.80, $0.90<\/p>\n

Support levels: $0.40, $0.30, $0.20<\/p>\n

\"Ripple<\/a>
XRPUSD – Daily Chart<\/figcaption><\/figure>\n

<\/p>

Buy Ripple Now<\/span><\/a><\/div>\n

XRP\/USD<\/a> struggles to settle above the 9-day moving average amid global recovery on the cryptocurrency market.<\/p>\n

The seventh-largest digital asset has gained nearly 8.8% in the last 24 hours and touched the intraday high at $0.58 before retreating slightly to $0.57.<\/p>\n

At the time of writing, the Ripple price is warming up to cross above the 9-day and 21-day moving averages, as the technical indicator Relative Strength Index (14) moves to cross above 38-level.<\/p>\n

Ripple Price Prediction: Can Ripple Break Above the Moving Averages?<\/h2>\n

Looking at the daily chart above, the red-line of 9-day MA is still below the green-line of 21-day MA as it continues its downward movement.<\/p>\n

However, a breakdown below the opening price of $0.52 could dictate the direction in which the Ripple price<\/a> may head to.<\/p>\n

Moreover, if the Ripple price collapses beneath this level, it may turn bearish. However, a break above the 9-day and 21-day MAs could push the coin back on the bullish footing.<\/p>\n

Meanwhile, XRP\/USD needs to break the current range for it to break out of the neutral trading condition.<\/p>\n

Therefore, if buyers can keep the movement above the upper boundary of the channel, the first level of resistance at $0.65 level could be reached.<\/p>\n

Further bullish movement may hit the potential resistance at $0.70, $0.80, and $0.90 levels.<\/p>\n

On the downside, the support at $0.50 should be able to hold the current movement.<\/p>\n

If the market pushes beneath, the market may turn bearish and further support levels are located at $0.40, $0.30, and $0.20.<\/p>\n

Against Bitcoin, the Ripple price is still below the 9-day and 21-day moving averages. Meanwhile, the price action has remained bearish and if the selling pressure increases, XRP\/BTC price variation may create a new monthly low.<\/p>\n

At the moment, the technical indicator Relative Strength Index (14) remains beneath; traders may see a sideways movement within a short time.<\/p>\n

\"\"<\/a>
XRPBTC – Daily Chart<\/figcaption><\/figure>\n

However, Ripple is currently trading at 1778 SAT, which is below the moving averages.<\/p>\n

Traders can expect close support at 1600 SAT before breaking through 1400 SAT and 1200 SAT.<\/p>\n

In the event that an upward movement occurs and a breakout above the 9-day and 21-day moving averages is validated, we could see a confirmation of an upward move for the market, and the next resistance levels to be reached would be at 2200 SAT and 2400 SAT.<\/p>\n

Looking to buy or trade Ripple (XRP) now? Invest at eToro!<\/strong><\/p>\n

<\/p>

Buy Ripple Now<\/span><\/a><\/div>\n

75% of retail investor accounts lose money when trading CFDs with this provider<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple Price Prediction \u2013 July 21 The Ripple price improves as the coin now faces an intraday zone between $0.52 and $0.58. XRP\/USD Market Key […]<\/a><\/div>","protected":false},"author":1742,"featured_media":295183,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[5257,7992,7591,8085],"acf":[],"yoast_head":"\nRipple Price Prediction: XRP\/USD Touches $0.58 Resistance<\/title>\n<meta name=\"description\" content=\"The Ripple price prediction shows that XRP is improving as the coin is now facing up in an intraday zone between $0.52 and $0.58.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/295182\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Price Prediction: XRP\/USD Touches $0.58 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