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29 March 2024
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Ripple Technical Analysis: XRP/USD falls 5% within four hours


  • XRP/USD is down by more than 5% after another rejection at $0.30
  • XRP bulls are losing some ground but overall XRP remains positive.

XRP has been under consolidation for a few days now and bulls have been unable to keep the digital asset above $0.30. Either way, buyers do have a strong support area below $0.285.

XRP/USD 1-hour chart

XRPUSD

The nearest support level is located at $0.283 and it’s followed by $0.282 and $0.279, basically, the entire area between $0.283 and $0.279 is a robust zone of support. At the lowest, XRP could drop to $0.272, which is the low of August 2. As for resistance, bulls are still fighting to crack $0.30, a crucial resistance point before the 2020-high.

XRP/USD technical levels

XRP/USD

OVERVIEW
Today last price 0.2854
Today Daily Change -0.0093
Today Daily Change % -3.16
Today daily open 0.2947
TRENDS
Daily SMA20 0.261
Daily SMA50 0.2179
Daily SMA100 0.2093
Daily SMA200 0.2131
LEVELS
Previous Daily High 0.3007
Previous Daily Low 0.2838
Previous Weekly High 0.3259
Previous Weekly Low 0.2485
Previous Monthly High 0.2608
Previous Monthly Low 0.1729
Daily Fibonacci 38.2% 0.2942
Daily Fibonacci 61.8% 0.2902
Daily Pivot Point S1 0.2855
Daily Pivot Point S2 0.2762
Daily Pivot Point S3 0.2686
Daily Pivot Point R1 0.3023
Daily Pivot Point R2 0.3099
Daily Pivot Point R3 0.3192
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