menuIcon
$ 96,548.8
BTC
$ 96,548.8
-0.43 %
$ 1,838.13
ETH
$ 1,838.13
-0.21 %
$ 0.7019
ADA
$ 0.7019
-1.25 %
$ 599.82
BNB
$ 599.82
0.00 %
$ 148.26
SOL
$ 148.26
-1.32 %
Cryptoknowmics
Dec 30, 2019
by Cryptoknowmics

The Price of XRP is Close To Major Breakout Hurdle

XRP
The price of XRP/USD is closing in towards major hurdle. There is a likelihood of the price to surge if it breaks $0.2000.

Following the formation of a support base close to $0.1850, the price began another increase. Further, the prices of BTC and ETH Moreover surged in recent times towards the hurdles at $7,500 and $138, respectively.

The price of Ripple was able to surge over the hurdle at $0.1940 and the 100 hourly SMA. It eventually obtained momentum towards the key hurdle zone at $0.2000.

Nevertheless, the buyers could not obtain momentum over $0.2000, thereby leading to the formation of a high close to $0.1982. The price is currently moving towards the support zone at $0.1940.

A look at the hourly chart of Ripple against the USD revealed the formation of a major rising channel with support close to $0.1945. If the price breaks below the channel support and $0.1940, it may reverse its recent gains.

The immediate major support is close to $0.1910 and the 100 hourly SMA. Any additional declines could take the price towards the support zone at $0.1850.

Contrariwise, it could try to surge over the hurdles at $0.1980 and $0.2000. If it closes over the hurdle zone at $0.2000, a surge towards the hurdles at $0.2120 and $0.2150 may soon happen.

Follow us on: News
The Price of XRP is Close To Major Breakout Hurdle
Cryptoknowmics
The dynamics of Crypto Fraternity is changing at a lightning speed. Access to most critical information in a timely and curated manner is extremely critical for the health of your investments. Cryptoknowmics is the fastest platform to bring and deliver news and critical information from above 3000 sources at your fingertips. We cover almost all aspects of cryptoworld from exchange, tokens, coins, dapps, ICOs, IEOs, STOs, events, airdrops, jobs, services, wallets, etc. We strive to be the complete solution for your crypto needs.

Top Picks