{"id":25016,"date":"2022-08-05T11:33:28","date_gmt":"2022-08-05T11:33:28","guid":{"rendered":"http:\/\/egrowonline.com\/?p=25016"},"modified":"2022-08-05T11:33:28","modified_gmt":"2022-08-05T11:33:28","slug":"xrp-price-might-surge-above-0-4-this-weekend","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=25016","title":{"rendered":"XRP Price Might Surge Above $0.4 This Weekend"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span class=\"article_first_letter\">X<\/span>RP is showing incredible strength when compared to other altcoins and seems to be ready for a significant breakout. The increased volatility had generated significant upward momentum, but the recent price decline reversed the bullish momentum and the price dropped below $0.4.<\/p>\n<div class=\"stream-item stream-item-in-post stream-item-inline-post aligncenter\"><\/div>\n<h2 id=\"h-xrp-is-gaining-bullish-momentum\"><strong>XRP is gaining bullish momentum<\/strong><\/h2>\n<p>XRP is currently trading sideways without any obvious directional bias. For five sessions in a row, the price has decreased due to low volatility. This suggests that altcoin has little interest from investors. The price of XRP has steadily declined after touching the swing highs near $0.41.<\/p>\n<p>According to well-known cryptocurrency trader and analyst Crypto Rand, the <a target=\"_blank\" href=\"https:\/\/coinpedia.org\/price-analysis\/xrp-displaying-huge-strength-against-bitcoin-this-is-when-the-price-may-breakout\/\" rel=\"noreferrer noopener\">XRP price may be about to stage another rally.<\/a><\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I am still not a fan of XRP, but it continues consolidating and loading a potential breakout on the $0,40 level. Will keep an eye on this one. <a target=\"_blank\" href=\"https:\/\/t.co\/XWX88vQ1Fg\" rel=\"noopener\">pic.twitter.com\/XWX88vQ1Fg<\/a><\/p>\n<p>\u2014 Crypto Rand (@crypto_rand) <a target=\"_blank\" href=\"https:\/\/twitter.com\/crypto_rand\/status\/1555215262747697152?ref_src=twsrc%5Etfw\" rel=\"noopener\">August 4, 2022<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n<p>Based on the charts, the XRP is keeping an eye on a possible breakout at the $0.40 level.<\/p>\n<ul>\n<li>On Thursday, the XRP price fell slightly from its ATH of 0.375 to trade at $0.368. Currently, it is down 0.41 percent.<\/li>\n<li>The upward trend would persist if there were a daily candlestick over $0.38.<\/li>\n<li>The latest rejection may cause the XRP price to drop to the lower support at $0.58, which is just below the $06 mark. From there, a strong flip may stop additional loss because the 50-day MA levels also intersect at $0.58.<\/li>\n<\/ul>\n<p>With very strong support at $0.365, the price is building a bullish flag and pole pattern on the hourly time frame. This pattern predicts a strong bullish momentum of up to $0.38 if the price breaks over $0.3715.<\/p>\n<p>The positive view, however, might be invalidated by a breach below the $0.3610 mark. The xrp price may also drop below $0.34.<\/p>\n<p>Back in June XRP reached an annual low of $0.28. Since then, the price has increased by almost 46% in just one month. Strong resistance lies near $0.40; the bulls must provide new trading vigor to reverse the short-term downturn.<\/p>\n<p>All time horizons for XRP are bullish. We can place a trade on the Buy side if the price closes above $0.3715 on the hourly time frame.<\/p>\n<\/div>\n<div>\n<div class=\"tie-row\">\n<p><h4>Was this writing helpful?<\/h4>\n<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinpedia.org\/altcoin\/xrp-price-might-surge-above-0-4-this-weekend\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP is showing incredible strength when compared to other altcoins and seems to be ready for a significant breakout. The increased volatility had generated significant upward momentum, but the recent price decline reversed the bullish momentum and the price dropped below $0.4. XRP is gaining bullish momentum XRP is currently trading sideways without any obvious [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[195,371,974,58],"class_list":["post-25016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-price","tag-surge","tag-weekend","tag-xrp"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/xrpbtc.webp.webp","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25016"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25016\/revisions"}],"predecessor-version":[{"id":25018,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25016\/revisions\/25018"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/25017"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25016"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}