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The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/with-a-face-off-at-0-50-will-xrp-price-jump-to-0-60/">XRP Price Analysis: Face-off At $0.50, Will XRP Price Jump To $0.60?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
As <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin price </a>stabilizes above the $25K demand belt, the XRP price makes a comeback above the broken $0.50. With a 1.48% jump on the weekends and an intraday growth of 0.79% today, the XRP price trades at $0.50867.&nbsp; 
Meanwhile, the market sentiments may soon recover with the overall stronger position of Ripple labs and the SEC losing battles on multiple fronts. However, the 1-day Ripple price chart displays multiple bearish obstacles in the recovery pathway. Will XRP price manage a bounce back to $1 in 2023? 
<h2 id="will-xrp-buyers-prevent-the-seemingly-inevitable-death-cross" data-name="will-xrp-buyers-prevent-the-seemingly-inevitable-death-cross" class="wp-block-heading">Will XRP Buyers Prevent The Seemingly Inevitable Death Cross?</h2> 
As the entirety of the partial victory gains against the SEC seems like a distant past, the XRP price is back under $0.50 within two months. Breaking multiple support levels and creating lower highs, the crypto price action gives rise to a solid resistance trendline.&nbsp; 
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 <img decoding="async" width="1024" height="487" src="https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58-1024x487.png" alt="" class="wp-image-227064" srcset="https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58-1024x487.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58-300x143.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58-768x365.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58-1536x730.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113200/XRPUSD_2023-09-04_10-45-58.png 1952w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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Trading below the 200-day EMA, the XRP coin price makes a comeback from $0.48 to challenge the overhead resistances with a triple white soldier pattern. Meanwhile, the morning star pattern at $0.48 adds brownie points to the recovery rally.&nbsp; 
However, the declining 50-day EMA approaching the flatlined 200-day EMA warns of a death cross. With a death cross, the Ripple price trend will be under certified downtrend. 
<h3 class="wp-block-heading" id="strong-a-deeper-look-into-the-potential-xrp-price-moonshot-strong">A deeper look into the Potential XRP Price Moonshot?</h3> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" width="1024" height="487" src="https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52-1024x487.png" alt="" class="wp-image-227065" srcset="https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52-1024x487.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52-300x143.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52-768x365.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52-1536x730.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/09/04113212/XRPUSD_2023-09-04_10-47-52.png 1952w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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Within the 4-hour chart, the bounce-back rally in Ripple price faces opposition from the 50-day EMA. If the buyers manage to overcome the exponential moving average, the breakout rally will finally challenge the resistance trendline.&nbsp; 
Optimistically, if Ripple overcomes the bears’ dominant trendline, the XRP Price is set to skyrocket to the moon. The breakout rally will reach the $0.60 mark.&nbsp; 
On the other hand, if the price continues to drop below $0.50, it could mean a much bigger drop is coming. The next support levels are at $0.45 and $0.41.

XRP Price Analysis: Face-off At $0.50, Will XRP Price Jump To $0.60?

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