bullish

Resistance

<p>XRP’s recent performance suggests bullish momentum as it continues to rise within an established uptrend. Prominent analyst Cryptoinsightuk shared an observation on X noting that “$XRP ascending accumulation underway. GET READY.” This indicates that <a href="https://captainaltcoin.com/xrp-price-hits-multi-year-resistance-break-could-1-03-be-next/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price</a> might be gearing up for a potential breakout if it can overcome nearby resistance levels.&nbsp;</p>
<p>Moreover, current indicators show sustained buying interest, positioning <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> for a test of higher levels, though technical indicators suggest caution.</p>
<h2 class="wp-block-heading" id="ascending-trendline-supports-xrp-price-gains">Ascending Trendline Supports XRP Price Gains</h2>
<p>The XRP chart reveals a clear upward trend. XRP’s price has steadily built a series of higher highs and higher lows, starting from a base around $0.54 and climbing to the present level near $0.73.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="623" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-1024x623.png" alt="" class="wp-image-583095" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-1024x623.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-767x467.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-1536x935.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-2048x1247.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-246x150.png 246w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-575x350.png 575w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524-788x479.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-524.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/Cryptoinsightuk/status/1857099641738723466" target="_blank" rel="noopener noreferrer nofollow">X/CryptoInsightUk</a></em></strong>
 </figcaption>
</figure>
<p>This positive price movement is bolstered by an ascending trendline, providing strong support as XRP moves upward. This trendline indicates consistent buyer interest, reinforcing bullish sentiment as the cryptocurrency approaches resistance. If <a href="https://captainaltcoin.com/xrp-primed-for-major-move-as-key-technical-indicators-show-bullish-potential/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price</a> holds above this trendline, it may maintain its uptrend, increasing the likelihood of further price appreciation.</p>
<h2 class="wp-block-heading" id="key-resistance-and-support-zones-in-focus">Key Resistance and Support Zones in Focus</h2>
<p>Ripple’s XRP faces a notable resistance around the $0.74 level. Breaking above this could signal further upside potential. Support, meanwhile, has shifted from a previously established resistance at $0.64, now serving as a critical zone where buyers are stepping in to prevent downward movement. The red zone around $0.64 highlights XRP’s ability to establish a floor as it ascends, strengthening its position against selling pressure.</p>
<p>Furthermore, trading volume shows a favorable trend for XRP. Higher volume on green (bullish) candles suggests that buyers are actively driving price increases, indicating steady demand.&nbsp;</p>
<p>In contrast, the volume on red (bearish) candles remains subdued, suggesting limited selling pressure. This aligns with the “ascending accumulation” noted by Cryptoinsightuk, as steady buying is contributing to upward momentum, potentially setting the stage for a breakout.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/goatseus-maximus-goat-ai-meme-coin-price-pattern-signals-potential-rally-beyond-1-50/" target="_blank" rel="noopener noreferrer nofollow">Goatseus Maximus (GOAT) AI Meme Coin Price Pattern Signals Potential Rally Beyond $1.50</a></em></strong></p>
<h2 class="wp-block-heading" id="rsi-approaches-overbought-zone-what-it-means-for-xrp">RSI Approaches Overbought Zone – What It Means for XRP</h2>
<p>XRP’s Relative Strength Index (RSI) stands at 69.5, nearing the overbought threshold of 70. While this signals strong bullish momentum, it also suggests that XRP could face a brief consolidation or pullback if buying activity slows. However, if <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price</a> breaks above the $0.74 resistance, it may extend its gains, reflecting sustained interest among buyers.</p>
<p>Overall, XRP’s upward trend, supported by buying volume and the ascending trendline, highlights its potential for further growth. With resistance at $0.74 acting as a key barrier, investors are closely monitoring XRP’s next moves.</p>
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<p>The post <a href="https://captainaltcoin.com/ripple-xrp-price-approaches-key-resistance-level-will-the-uptrend-continue/" rel="noopener noreferrer nofollow">Ripple (XRP) Price Approaches Key Resistance Level – Will the Uptrend Continue?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple (XRP) Price Approaches Key Resistance Level – Will the Uptrend Continue?

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