Ripple (XRP) Price Outlook for This Week: 3 Things to Watch

Bitget

News

Cryptopotato2024/07/03 13:13

By:Author: Duo Nine

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Despite a market-wide correction, XRP is holding strong.

Key Support levels: $0.43

Key Resistance levels: $0.54

1. Flat Trend Continues

XRP did not make new lows this week and manage to hold steady around 48 cents. While most of the market is in red today, XRP managed to keep its price. This is a show of strength.

2. Key Resistance Next?

The price action gives signs it wants to push XRP higher and challenge the key resistance at 54 cents. This level is a 10% price increase from current levels and seems achievable if sentiment continues to improve around this cryptocurrency.

3. Bullish Cross on Daily

The bullish cross on the daily MACD from last Sunday may explain why XRP is holding better than other altcoins right now. Since then, buyers appeared to have the upper hand, but they are being challenged right now. If they hold steady here, XRP could move higher later.

Tags: Ripple (XRP) Price

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Global capital flows are exhibiting a distinct tension between "stocks seeking recovery and credit continuing to stratify." Goldman Sachs' risk appetite indicator has dropped to -0.5, not yet reaching the historically stronger contrarian buying range. However, resilient technology earnings expectations, lower valuations, and reduced position crowding have already improved the expected returns for equities.

智通财经•2026/10/27 07:47

Asian stock markets rebound higher, South Korean stocks close up 3.1%, SK Hynix rises over 5%, oil prices continue to fall, gold prices dip below 4000 again

Anthropic has filed for an IPO, triggering a rebound across Asia-Pacific tech stocks. The Nikkei 225 index closed up 1.7% at 63,268.37 points. The TOPIX index closed up 0.6% at 3,997.37 points. South Korea’s KOSPI closed up 3.1% at 5,638.35 points. Global benchmark oil price Brent crude fell about 1% to around $114.70 per barrel. Spot gold fell below $4,000 per ounce, down 0.4% intraday.

华尔街见闻•2026/10/27 07:46

As the Fed decision approaches, gold bulls and bears vie for the $4,000 mark

Triple pressures exerted simultaneously: AI trading liquidations trigger liquidity sell-offs, easing diplomatic tensions between the US and Iran cause oil prices to fall, weakening anti-inflation logic, while high energy prices reinforce expectations of another interest rate hike within the year. Standard Chartered Bank warns that $3,886 is a key technical support level—once breached, the downside will open up rapidly.

华尔街见闻•2026/10/27 07:36