Ripple attempted to exceed the significant resistance region of %excerpt%.58 but was rejected, leading to a slight decline. However, there is a decisive support zone ahead at the %excerpt%.48 area, and the upcoming price action will determine the short-term outlook. Technical Analysis By Shayan The Daily Chart Following a sharp surge in value, XRP has broken through several significant barriers, strengthening its outlook. However, the price’s upward momentum lost steam when it encountered the notable resistance level of %excerpt%.58, causing a dip. Although this drop could be interpreted as a brief correction before the price continues its climb beyond the mentioned resistance level, it’s crucial to highlight that the price range between %excerpt%.47 and %excerpt%.4436 (which corresponds to the 0.5 and
Topics:
CryptoVizArt considers the following as important: Ripple (XRP) Price, XRP Analysis, xrpbtc, xrpusd
This could be interesting, too:
Dimitar Dzhondzhorov writes Is a Major Ripple v. SEC Lawsuit Development Expected This Week? Here’s Why
Mandy Williams writes Ripple Releases Institutional DeFi Roadmap for XRP Ledger in 2025
Dimitar Dzhondzhorov writes Ripple Whales Go on a Selling Spree: Is XRP Headed for a Further Correction?
Jordan Lyanchev writes ChatGPT and DeepSeek Analyze Ripple’s (XRP) Price Potential for 2025
Ripple attempted to exceed the significant resistance region of $0.58 but was rejected, leading to a slight decline. However, there is a decisive support zone ahead at the $0.48 area, and the upcoming price action will determine the short-term outlook.
Technical Analysis
By Shayan
The Daily Chart
Following a sharp surge in value, XRP has broken through several significant barriers, strengthening its outlook. However, the price’s upward momentum lost steam when it encountered the notable resistance level of $0.58, causing a dip.
Although this drop could be interpreted as a brief correction before the price continues its climb beyond the mentioned resistance level, it’s crucial to highlight that the price range between $0.47 and $0.4436 (which corresponds to the 0.5 and 0.618 levels of fib retracement) serves a crucial role in the event of a sudden decline.
The 4-Hour Chart
Based on the chart, XRP experienced a sudden surge but was unable to pass the $0.58 price level, leading to a short period of consolidation with no clear direction. Ultimately, the price now confronts two critical levels between the $0.48 support and $0.58 resistance zones.
In summary, if it manages to make another significant surge and surpasses the $0.58 resistance level, it could trigger an extended bullish rally. However, if there is a rejection, the minor $0.48 zone will act as the primary support for XRP in the 4-hour timeframe.
