{"id":2501,"date":"2024-06-10T05:08:43","date_gmt":"2024-06-10T05:08:43","guid":{"rendered":"https:\/\/cryptd.in\/xrp-price-rebound-in-jeopardy-recovery-may-falter\/"},"modified":"2024-06-10T05:08:43","modified_gmt":"2024-06-10T05:08:43","slug":"xrp-price-rebound-in-jeopardy-recovery-may-falter","status":"publish","type":"post","link":"https:\/\/cryptd.in\/tr\/xrp-price-rebound-in-jeopardy-recovery-may-falter\/","title":{"rendered":"XRP Price Rebound in Jeopardy: Recovery May Falter"},"content":{"rendered":"<p><em>XRP price declined heavily from the $0.5250 resistance zone. It tested the $0.4540 support zone and is now attempting to recover above $0.4880.<\/em><\/p>\n<p>XRP is correcting losses above the $0.4820 and $0.4840 levels.<br \/>\nThe price is now trading below $0.5050 and the 100-hourly Simple Moving Average.<br \/>\nThere is a connecting bullish trend line forming with support at $0.4950 on the hourly chart of the XRP\/USD pair (data source from Kraken).<br \/>\nThe pair could dip again if it stays below the $0.5050 resistance zone.<\/p>\n<h2>XRP Price Takes Hit<\/h2>\n<p>XRP price started a major decline like <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-battles-3740\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> and declined below the $0.50 support. The price even spiked below the $0.4650 support zone. A low was formed at $0.4533 and the price is now correcting losses.<\/p>\n<p>There was a move above the <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-dips-0-5120\/\" target=\"_blank\" rel=\"noopener\">$0.470 and $0.4750 resistance levels<\/a>. The price climbed above the 50% Fib retracement level of the downward move from the $0.5271 swing high to the $0.4533 low. There is also a connecting bullish trend line forming with support at $0.4950 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The pair is slowly moving above the 61.8% Fib retracement level of the downward move from the $0.5271 swing high to the $0.4533 low. However, it is still trading below $0.5050 and the 100-hourly Simple Moving Average.<\/p>\n<p>On the upside, the price is facing resistance near the $0.500 level. The first key resistance is near $0.5050. The next major resistance is near the $0.5120 level. A close above the $0.5120 resistance zone could send the price higher. The next key resistance is near $0.5250.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/XRP_Price_98c1a1.png?resize=1024%2C461\"><\/a><\/p>\n<p>If there is a close above the $0.5250 resistance level, there could be a steady increase toward the $0.5320 resistance. Any more gains might send the price toward the $0.550 resistance.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If XRP fails to clear the $0.5050 resistance zone, it could start another decline. Initial support on the downside is near the $0.4950 level and the trend line.<\/p>\n<p>The next major support is at $0.4900. If there is a downside break and a close below the $0.490 level, the price might accelerate lower. In the stated case, the price could decline and retest the $0.4740 support in the near term.<\/p>\n<p>Teknik G\u00f6stergeler<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now losing pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.4950 and $0.4900.<\/p>\n<p>Major Resistance Levels \u2013 $0.500 and $0.5050.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP price declined heavily from the $0.5250 resistance zone. It tested the $0.4540 support zone and is now attempting to recover above $0.4880. XRP is correcting losses above the $0.4820 and $0.4840 levels. The price is now trading below $0.5050 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2501","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XRP Price Rebound in Jeopardy: Recovery May Falter - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/tr\/xrp-price-rebound-in-jeopardy-recovery-may-falter\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Rebound in Jeopardy: Recovery May Falter - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"XRP price declined heavily from the $0.5250 resistance zone. It tested the $0.4540 support zone and is now attempting to recover above $0.4880. XRP is correcting losses above the $0.4820 and $0.4840 levels. The price is now trading below $0.5050 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/tr\/xrp-price-rebound-in-jeopardy-recovery-may-falter\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T05:08:43+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tahmini okuma s\u00fcresi\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 dakika\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"XRP Price Rebound in Jeopardy: Recovery May Falter\",\"datePublished\":\"2024-06-10T05:08:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/\"},\"wordCount\":380,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"articleSection\":[\"Feeds\"],\"inLanguage\":\"tr\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/\",\"name\":\"XRP Price Rebound in Jeopardy: Recovery May Falter - cryptd.in\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\"},\"datePublished\":\"2024-06-10T05:08:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/#breadcrumb\"},\"inLanguage\":\"tr\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-price-rebound-in-jeopardy-recovery-may-falter\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptd.in\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"XRP Price Rebound in Jeopardy: Recovery May Falter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"name\":\"cryptd.in\",\"description\":\"Alternative LinkedIn for Crypto-friendly Talents\",\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptd.in\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"tr\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\",\"name\":\"cryptd.in\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"tr\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"width\":900,\"height\":900,\"caption\":\"cryptd.in\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"XRP Price Rebound in Jeopardy: Recovery May Falter - cryptd.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptd.in\/tr\/xrp-price-rebound-in-jeopardy-recovery-may-falter\/","og_locale":"tr_TR","og_type":"article","og_title":"XRP Price Rebound in Jeopardy: Recovery May Falter - cryptd.in","og_description":"XRP price declined heavily from the $0.5250 resistance zone. 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