bullish

<p>The post <a href="https://coinpedia.org/price-analysis/xrp-price-retest-confirmed-ripple-price-to-hit-0-69/" rel="noopener noreferrer nofollow">XRP Price Retest Confirmed! Ripple Price To Hit $0.69?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Despite increased bearish sentiment in the cryptocurrency market, the Ripple price has displayed a positive price action by recording a constant uptrend in its price chart. Notably, it has successfully held its value above the support level of $0.560, highlighting increased bullish action.</p>
<p>Dive in as, in this article, we have covered the market sentiments, price action, and short-lived price targets of the Ripple crypto token.</p>
<h2 class="wp-block-heading" id="h-ripple-price-displays-a-consolidated-price-action">Ripple Price Displays A Consolidated Price Action</h2>
<p>With the rising volatility in the crypto market, the <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> has recorded a jump of approximately 3% within the past day with a trading volume of $1.005 Billion, a change of 121.60%. Moreover, this altcoin has added 2.27% within the past week, and 6.78% over the past 30 days.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd-f9pov56Awq7vT65Mhb9hGv2X416jPP1HlbddsARU6w5YqJpg8JJYTq9TRR5SdJC-y7nDfyIRTJVqTEHgixsvAr1MHbImN-pIynu_1vsMArh_53QU24DjiziOe4K7C2thHAGDW0PWnYL73bj265BfdllA?key=-AKPXvBplSxuViBZCeR_CQ" alt="Ripple Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: XRP/USDT
 </figcaption>
</figure>
<p>Furthermore, the altcoin has formed a triangle pattern in the 1D time frame and has continued to trade within it since the start of July. Moreover, it has formed a strong resistance zone above the $0.63 level. This indicates a strong selling pressure for the altcoin at that level.</p>
<h2 class="wp-block-heading" id="h-xrp-crypto-market-sentiments">XRP Crypto Market Sentiments</h2>
<p>The RSI indicator has displayed a sharp rise in the XRP price chart after recording a neutral trend for a brief period. Further, the average trendline shows a similar price action, suggesting a bullish outlook in the coming time.</p>
<p>Further, the MACD records a constant decline in the red histogram with its averages showing a high possibility of a positive crossover in the 1D time frame. This indicates that the <a href="https://markets.coinpedia.org/xrp/" target="_blank" rel="noopener noreferrer nofollow">Ripple price</a> will continue gaining value this week.</p>
<h2 class="wp-block-heading" id="h-will-ripple-go-up-in-price">Will Ripple Go Up In Price?</h2>
<p>If the market continues trading under a bullish sentiment, the XRP coin price will prepare to test its important resistance level of $0.63. Maintaining the price at that level will set the stage for this altcoin to head toward its upper high of $0.69 in the coming time.</p>
<p>Conversely, if the bears overpowered the bulls, the Ripple token will retest its support level of $0.560. Furthermore, if the bears continue to dominate the crypto space, the altcoin will plunge toward its lower support trendline of the triangle pattern.</p>

XRP Price Retest Confirmed! Ripple Price To Hit $0.69?

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