Ripple is consolidating above the key $0.4500 support zone against the US Dollar. XRP price is showing bullish signs and it may soon rally above the $0.5000 resistance.
In the past 2-3 sessions, there were strong bullish moves in bitcoin and ethereum against the US Dollar. XRP price is also stable and it seems like there is a strong support base forming above the $0.4500 level.
Recently, there was a spike above the $0.4660 resistance. The price even surged above the $0.4800 level, but it failed near $0.4880. As a result, there was a downside correction below the $0.4800 level. The declined below the 23.6% Fib retracement level of the upward move from the $0.4557 swing low to $0.4900 high.
XRP even spiked below $0.4720, but it remained well bid above $0.4620. There is also a major bullish trend line forming with support near $0.4630 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $0.4557 swing low to $0.4900 high.
Source: XRPUSD on TradingView.com
The price is now trading well above the $0.4500 support and the 100 hourly simple moving average. An immediate resistance is near the $0.4880 level. A clear break above $0.4880 will most likely open the doors for a rally above the $0.5000 barrier. The next key resistance could be $0.5500.
If there is no upside break in ripple above $0.4880 and $0.5000, it could correct lower. An initial support on the downside is near the $0.4720 level.
The main support is near the trend line and $0.4550. A downside break below the trend line and $0.4550 could out a lot of pressure on the bulls in the near term.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is gaining momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 50 level.
Major Support Levels – $0.4720, $0.4600 and $0.4550.
Major Resistance Levels – $0.4880, $0.5000 and $0.5500.
Zcash co-founder has unveiled an ambitious price target for the private cryptocurrency by the end…
Bitcoin price predictions are rolling in as the market prepares to enter the 4th quarter.…
With more than $40 billion in lifetime volume and over 100,000 monthly active users, Jumper…
Pepe is drawing significant interest from traders entering the meme coin market, attracted by renewed…
Stellar network continues to garner greater investor trust in public-chain performance. This comes as CME Group today…
Mutsamudu, Comoros, September 25, 2026 – MEXC, a pioneer in 0-fee digital asset trading, recorded…