CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » XRP » Ripple Price Analysis: XRP Stable at $0.25 But Will The Bleeding Against BTC Stop?

Ripple Price Analysis: XRP Stable at $0.25 But Will The Bleeding Against BTC Stop?

Author: Yaz Sheikh

Last Updated Dec 17, 2019 @ 14:59
Getting your audio player ready...

XRP has managed to remain pretty stable against the USD after increasing by 1.76% over the past week to reach the current price of $0.2568. The cryptocurrency had broken beneath a major support level during early-August after falling below the $0.30 level. However, after shattering this support, XRP is holding strong against the USD but is showing major signs of weakness against BTC.

XRP remains the third-largest cryptocurrency with a market cap of $11.06 billion.

Looking at the XRP/USD 1-Day Chart:

  • Since our previous XRP/USD analysis, XRP remained positively stable. Any spike lower is immediately bought up as XRP continues to trade above $0.25. XRP is still suppressed by a falling resistance trend line which will be the first mountain of resistance to overcome for a recovery.
  • From above: The nearest level of resistance lies at $0.27 where the falling trend line is located. Higher resistance is found at $0.2811, $28.90, and $0.30. If the bulls break back above $0.30, further resistance is expected around $0.3177 (100-days EMA), $0.32, and $0.34 (200-days EMA).
  • From below: The nearest levels of support lie at $0.2519 and $0.25. Beneath this, support is found at $0.2461, $0.24, $0.2345, and $0.23.
  • The trading volume remains low but at the average level for the past 2 months.
  • The RSI has recently turned away from the 50 level to indicate the bears remain in control over the market momentum.

xrpusd_sep5

Looking at the XRP/BTC 1-Day Chart:

  • Against Bitcoin, XRP has fallen beneath the previous symmetrical triangle. XRP continued to travel beneath the support at 2455 SAT to reach the current level at 2423 SAT. 
  • From above: If the bulls break back above 2455 SAT, higher resistance is located at 2600 SAT, 2710 SAT, 2900 SAT, and 3000 SAT.
  • From below: The nearest level of support beneath 2400 SAT is expected at 2350 SAT. Beneath this, support is found at 2211 SAT, 2197 SAT, 2100 SAT, and 2171 SAT.
  • The trading volume remains low and is decreasing.
  • The RSI has plummetted beneath the 50 level which shows strong bearish momentum. However, the Stochastic RSI is in extreme oversold conditions and is primed for a bullish crossover signal which could allow XRP/BTC to see a slight rebound.

xrpbtc_sep5

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!


Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.
Tags: Ripple (XRP) Price
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Yaz Sheikh
More posts by this author

Yaz is a cryptocurrency technical analyst with over seven years of technical analysis trading experience. As an Economics graduate, he has taken a keen interest in the future potentials of blockchain in the financial industry. Removing crypto from the equation, Yaz loves to watch his favorite football team and keep up-to-date with the latest fights within the UFC.

Join Our Community

FacebookX YouTubeTelegram


Editorials
5 Best Meme Coin Presales to Watch in May 2025

5 Best Meme Coin Presales to Watch in May 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in May 2025

11 Best Crypto Presales to Consider in May 2025

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

The 5 Best Bitcoin Mining Pools in 2025: Complete Guide

The 5 Best Bitcoin Mining Pools in 2025: Complete Guide

The 5 Best Crypto Staking Platforms in 2025: Everything You Need to Know

The 5 Best Crypto Staking Platforms in 2025: Everything You Need to Know

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!