{"id":3664,"date":"2021-02-19T02:02:13","date_gmt":"2021-02-19T02:02:13","guid":{"rendered":"https:\/\/afluxcoin.com\/02\/ripple-targets-key-resistance-level%e2%80%8a-%e2%80%8a0-55\/"},"modified":"2021-02-19T02:02:13","modified_gmt":"2021-02-19T02:02:13","slug":"ripple-targets-key-resistance-level%e2%80%8a-%e2%80%8a0-55","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/fr\/02\/ripple-targets-key-resistance-level%e2%80%8a-%e2%80%8a0-55\/","title":{"rendered":"Ripple targets key resistance level\u200a\u2014\u200a$0.55."},"content":{"rendered":"

After a close above the $0.50 level, ripple\u2019s XRP price started a steady increase. The XRP USD price cleared the $0.55 and $0.5720 resistance levels. It even broke the $0.60 level, topping at $0.6445 level, however failed to clear the $0.65 resistance level and started a decline. The price traded below the 38.2% Fib retracement level of the downward move from the $0.64 swing high to $0.48 low.The price has started a steady increase, now trading at $0.55 after testing the 100 simple moving average (4-hours).It is now testing the 50% Fib retracement level of the downward move from the latest swing high to swing low. If there is an upside break above the $0.550 resistance level, it could open the doors for the XRP\/USD pair to target the next resistance at the $0.60 level. The key support is near the $0.495 level. Any losses below the key support level could push down the XRP price towards the $0.43 support level.Current XRP USD priceIf ripple stays above the 38% Fib retracement level of the downward move from the latest swing high to low, there are chances for XRP USD pair bullish cycle. An initial resistance is near the $0.60 level and $0.635. A clear break above the 0.55 level, could push the price to a target of $0.60. The next major resistance for the bulls could be $0.635.If ripple fails to clear the $0.55 resistance, it could continue to move down with first major support near the $0.495 level and 100 Simple moving average (on 4 hours chart). A downside break below the 100 simple moving average level may possibly put a lot of pressure on the bulls, possibly pulling down the price to $0.43 and $0.40. As long as the XRP price is above $0.495 in the coming trading\u2026<\/p>","protected":false},"excerpt":{"rendered":"

After a close above the $0.50 level, ripple\u2019s XRP price started a steady increase. The XRP USD price cleared the $0.55 and $0.5720 resistance levels. It [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3664"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=3664"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=3664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=3664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=3664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}