XRP (XRPUSD) Price Indicates a Possible Growth
Login

XRP (XRPUSD) Price Indicates a Possible Growth

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


XRP (XRPUSD) Price Forecast: September 13

Today, the XRP market price indicates a possible growth, eyeing a break above the $3.580 peak value as the bulls remain dominant and leading in the crypto market. The crypto is likely to continue moving upwards as we are seeing a strong turnout of buyers. However, if the broader market bullish trend continues, the mentioned supply could be reached and extend further to a $3.652 upper resistance level, signaling the potential for significant gains as the bull trend holds, drawing heightened attention among investors.

Key Levels:
Resistance Levels: $3.034, $3.035, $3.036
Support Levels:    $1.908, $1.907, $1.906

XRP (USD) Long-term Trend: Bullish (Daily Chart)

In the longer time frame, the XRPUSD pair has increased by almost 7%, indicating future growth and renewed market interest.

XRP (XRPUSD) Price Indicates a Possible Growth

A bullish trend is shown by the coin price being above the moving average. Thus, the recent market is in the direction.

The cryptocurrency price has remained stable above the supply levels at its latest high due to the persistent positive pressure that led it to a $3.024 high level in the last session.

At the time of writing, the XRPUSD market value rises above the EMA-50 at $3.035 on the daily chart, signaling strength among coin buyers. However, a retest at the $3.558 prior supply barrier is possible soon, if all support levels hold.

In addition, the coin is in an uptrend on the daily stochastic, suggesting the XRP market may be entering a stable upside.

More buyers’ participation is a prerequisite at the moment. In light of this, the crypto price may surge to a high level of $3.652 amid sustained buying pressure in the coming days.

XRP (USD) Medium-term Trend: Bullish (4H Chart)

The XRP market is experiencing a jolly bullish move after breaking critical hurdles, as the coin price shows potential growth on the medium-term time view. The price trades above the moving averages, affirming its bullish trend.
XRP (XRPUSD) Price Indicates a Possible Growth The bulls’ sustenance of a $2.983 high mark in the previous session has enabled the token price to stay in an uptrend in its recent price level.

Today, the long traders swept the bearish momentum under the rug by pushing the price of XRPUSD to an intra-day high of $3.034 value above the supply levels, indicating that buyers remain dominant and are having the market price at their disposal at the moment.

Therefore, the coin market may experience another upward trend to reach the $3.127 peak resistance barrier, suggesting renewed market interest, provided the bulls increase their trust in the XRP investment.

Additionally, the daily stochastic pointing upwards suggests a bullish continuation. As a result, the price of XRPUSD might jump to the $3.652 upper high level in its medium-term outlook.

Buy XRP on eightap.com

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News