{"id":124649,"date":"2023-07-19T17:35:58","date_gmt":"2023-07-19T17:35:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/xrp-price-regains-bullish-momentum-time-to-surpass-1-crypto-news\/"},"modified":"2023-07-19T17:36:02","modified_gmt":"2023-07-19T17:36:02","slug":"xrp-price-regains-bullish-momentum-time-to-surpass-1-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrp-price-regains-bullish-momentum-time-to-surpass-1-crypto-news\/","title":{"rendered":"XRP Price Regains Bullish Momentum;  Time to Surpass $1?\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-154713\">\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img loading=\"lazy\" width=\"1200\" height=\"681\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/19225425\/M6JPM8t7-e1689787487321.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"XRP price\" decoding=\"async\" srcset=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/19225425\/M6JPM8t7-e1689787487321.png 1200w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/19225425\/M6JPM8t7-e1689787487321-300x170.png 300w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/19225425\/M6JPM8t7-e1689787487321-768x436.png 768w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/19225425\/M6JPM8t7-e1689787487321-150x85.png 150w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 14 minutes ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">After a massive jump on July 13th, the XRP price witnessed a minor correction starting from the $0.937 high.  This bearish pullback tumbled the prices to 36.7% but found immediate support at the 38.2% <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/fibonacci-retracement\/\">Fibonacci retracement levels<\/a>,  This FIB level aligned with $0.68 support created a strong demand pressure and replenished the exhausted bullish momentum for further rally.  Can this post-correction rally push the XRP price above $1?<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-price-looks-beyond-1-analyst-predicts-groundbreaking-rally-to-27\/\">XRP Price Looks Beyond $1, Analyst Predicts Groundbreaking Rally To $27<\/a><\/p>\n<h2><b>XRP Price Daily Chart:<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The $0.937 stands as crucial resistance against coin buyers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Post-correction rally hints 16.6% rally to hit $0.911 resistances<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The intraday trading volume in the XRP is $3.2 Billion, indicating a 29% gain.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP price\" width=\"1946\" height=\"1104\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/m\/M6JPM8t7.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/m\/M6JPM8t7.png\" alt=\"XRP price\" width=\"1946\" height=\"1104\"\/><\/noscript>Source: Tradingview<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On July 16th, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/xrp\/#:~:text=About%20XRP%20(XRP),the%20Coingape%20Crypto%20Price%20Page.\">XRP price<\/a> Rebounded from the 38.2% FIB level with a bullish reversal morning star candle pattern.  A correction to the aforementioned retracement level is considered healthy to recuperate exhausted bullish momentum and lead a long-term bull trend.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">In the last five days, the coin price surged 15% and breached the immediate resistance of $0.778 near the 23.6% FIB level.  As of now, the XRP price trades at $0.8, and if the daily candle closes above the reclaimed resistance, the buyers will gain additional support to extend to $0.937 swing high.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The $0.937 resistance is crucial for the crypto buyers, as a breakout above will give suitable confirmation for uptrend continuation above $1.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2><b>Will XRP Price Reclaim $1 Milestone?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If the market conditions remain uncertain, rejection signals at $0.937 resistance will reflect the possibility of a bearish reversal pattern called a double top.  The pattern formation could undermine the bullish thesis and trigger a significant correction below the $0.68 support.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Moving average convergence divergence: <\/b><span style=\"font-weight: 400;\">A<\/span> <span style=\"font-weight: 400;\">significance spread between the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/macd-moving-average-convergence-divergnece\/\">MACD<\/a>(Blue) and signal line(orange) in a bull crossover state indicates a bullish uptrend is intact.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Average Directional Index<\/strong>: The high value of the daily ADX slope(42%) indicates instability in the current bullish trend.<\/span><\/li>\n<\/ul><\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA154713\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>From the past 5 years I am working in Journalism.  I follow the Blockchain &#038; Cryptocurrency from last 3 years.  I have written on a variety of different topics including fashion, beauty, entertainment, and finance.  Reach out to me at brian(at)coingape.com                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD154713\">\n<p>    The content presented may include the personal opinion of the author and is subject to market conditions.  Do your market research before investing in cryptocurrencies.  The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Published 14 minutes ago After a massive jump on July 13th, the XRP price witnessed a minor correction starting from the $0.937 high. This bearish pullback tumbled the prices to 36.7% but found immediate support at the 38.2% Fibonacci retracement levels, This FIB level aligned with $0.68 support created a strong demand pressure and replenished [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":124650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-124649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/124649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=124649"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/124649\/revisions"}],"predecessor-version":[{"id":124651,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/124649\/revisions\/124651"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/124650"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=124649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=124649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=124649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}