bullish

Dark

Resistance

Cloud

<ul class="wp-block-list news-points"> 
 <li><strong>XRP’s breakout and RSI retest signal a possible climb past $0.6044 resistance.</strong></li> 
 <li><strong>Ichimoku Cloud shows a bearish trend whereas a breakout could shift XRP to bullish.</strong></li> 
 <li><strong>Volume and open interest drop, but long positions dominate in XRP derivatives.</strong></li> 
</ul> 
<p>XRP is flashing bullish signals after its recent breakout and retest of the weekly Relative Strength Index (RSI), according to analyst Dark Defender.</p> 
<p>This suggests the cryptocurrency could soon push decisively above the $0.6044 resistance level, potentially climbing towards its next target at $0.6649. A break above this key resistance could signal the end of XRP’s current consolidation phase.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Hey there. <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> had an excellent break-out and retest in the weekly RSI. <br><br>I expect the price will strongly break $0.6044 within hours &amp; proceed for the level boss, $0.6649.<br><br>When the boss is eliminated, we will all say "Ciao" and never see him again.<a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRPCommunity</a> <a href="https://t.co/yuMsgIYBXg" target="_blank" rel="nofollow">pic.twitter.com/yuMsgIYBXg</a></p>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1835268351775457420?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 15, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-key-price-levels-and-resistance-zones"><strong>Key Price Levels and Resistance Zones</strong></h2> 
<p>Dark Defender’s analysis on the weekly chart reveals that <a href="https://coinedition.com/ripple-cto-weighs-in-on-potential-xrp-fork-scenario/?utm_source=telegram_channel&amp;utm_medium=referral">XRP</a> has recently tested significant support levels around $0.2875, indicating strong buying inte…</p>
<p>The post <a href="https://coinedition.com/xrp-price-analysis-rsi-breakout-hints-at-potential-surge-analyst-says/">XRP Price Analysis: RSI Breakout Hints at Potential Surge, Analyst Says</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

XRP Price Analysis: RSI Breakout Hints at Potential Surge, Analyst Says

Table of Contents

Coin Edition

Other articles published on Sep 16, 2024

Coinpedia Fintech News

Circle and Sony Enable USDC on Soneium Blockchain for Creators

Binance Launches Futures Trading for Neiro and BabyDoge Coin Today

Hedera Joins Linux Foundation’s LF Decentralised Trust, Make its Consensus Algorithm’s Source Cod...

CryptoQuant Founder Ki Young Ju Says Enthusiasm Is Declining in Cryptocurrency Industry! Here's Why!

Crypto ATM Scams Soar, Senators Call for Immediate Action

Join our free newsletter for daily crypto updates!