XRP has crossed the $0.7 mark and is now targeting $1The XRP cryptocurrency, which is the internal token of the ripple payment system, has shown significant growth in recent days. According to coinmarketcap data, XRP has reached $0.7 in the last 24 hours at the time of writing. This is the highest level for 2023.XRP is the fourth largest cryptocurrency in the world by capitalization, second only to bitcoin, ether and binance coin. The total market value of XRP is around $29 billion. The main factors contributing to the growth of XRP are the improvement of Ripple's fundamentals, as well as investor optimism in connection with the resolution of the legal dispute between ripple and the US Securities and Exchange Commission (SEC).Ripple is a company that develops blockchain-based international payment solutions. It offers its clients, mainly banks and financial institutions, to use XRP as a bridge currency to enable fast and cheap transfer of money across borders. Ripple is also actively developing its innovative products such as ripplenet, on-demand liquidity and XRP Ledger.Analysts and traders note that XRP has great potential for further growth if it can break through the resistance at $0.85, which is a psychological mark and 2022 high. If XRP breaks this level, it could easily reach $1 and even surpass its all-time record of $3.84 set in January 2018. however, XRP is also at risk of a correction if the cryptocurrency market experiences a general decline or if there is negative news regarding the sec case. In this case, XRP may drop to the support level of $0.5 or even lower.In general, XRP shows strong dynamics and attracts the attention of investors who see it as a promising asset with high returns. XRP also has its own unique advantages, such as high transaction speed, low fees and widespread use in the financial sector. Therefore, XRP may become one of the most popular and sought-after cryptocurrencies in the future.Rules for advertising cryptoboxes and your channelsIf you want to advertise your cryptoboxes or your channels under this post, then you must follow the following rules:- 1 comment with cryptobox, price 1 usdt (you can pay in tips).- 1 comment advertising your account (up to 3 thousand subscribers), price 5 usdt (can be paid in tips).- 1 comment advertising your account (more than 3 thousand people), price 10 usdt (can be paid in tips).- any fraudulent information or information that misleads readers of this channel is prohibited.For violating these rules you will be banned and the complaint will be sent to binance as spam. Also your comment will be deleted permanently. Please respect other participants and the author.Thanks for reading the article. if you liked it, please like it and share it with your friends. I wish you success in the cryptocurrency world!#XRP #XRPcommunity #XRPFuture

The #XRP price is now undergoing a correction, retracing its previous gains from the resistance level of $0.620 vs the US Dollar. There is a possibility that the price might potentially test the support level of $0.5760, at which point the buyers may choose to intervene.
The XRP cryptocurrency saw a significant upward movement, surpassing the resistance level at $0.580.
Currently, the price is exhibiting a trading pattern that surpasses the value of $0.585 and is positioned above the 100 simple moving average within a 4-hour timeframe.
On the 4-hour chart of the XRP/USD pair, a significant bullish trend line is observed, indicating a level of support in the vicinity of $0.5760. This information is derived from data sourced from Kraken.
There is a possibility that the pair may experience more downward correction, however, it is anticipated that the bulls will continue to be active in the vicinity of $0.5760.
The price of XRP continues to exhibit an upward trend.
Following the establishment of a support level above $0.532, XRP initiated a new upward movement. A significant upward movement occurred over the resistance levels of $0.555 and $0.565. It had superior performance compared to Bitcoin and Ethereum.
A peak was established in the vicinity of $0.6204, and the price is presently on a corrective decline. A decrease occurred, resulting in a value below the $0.600 threshold. The price then declined below the 23.6% Fibonacci retracement level, which corresponds to the upward movement from the swing low of $0.5316 to the high of $0.6204.
Currently, the XRP cryptocurrency is being traded at a value over $0.585, which is also above the 100 simple moving average during a 4-hour period. Additionally, a significant upward trend line is being established on the 4-hour chart, indicating a level of support in the vicinity of $0.5760.
One positive aspect is that there is a nearby level of immediate resistance at $0.5950. The initial significant level of resistance is observed at $0.600. If the price manages to surpass the $0.600 level, it has the potential to move towards the resistance level at $0.620. In the event that the bulls sustain their activity over the resistance level of $0.620, it is plausible that a rally towards the resistance level of $0.650 may ensue. Further increases in value might potentially propel XRP towards the barrier level of $0.665.
Is there evidence to support the effectiveness of dips?
In the event that XRP is unable to surpass the resistance level of $0.600, there is a possibility for it to sustain a downward trajectory. The area of first support on the downside may be observed in the vicinity of the $0.576 zone, as well as along the trend line.
The observed trend line closely aligns with the 50% Fibonacci retracement level, which corresponds to the upward movement between the swing low of $0.5316 and the high of $0.6204. The subsequent significant level of support may be observed at a price point of $0.5650. In the event of a downward breach and subsequent closure below the $0.5650 threshold, there is potential for an intensified decline in the value of XRP. In the aforementioned scenario, it is plausible that the price may undergo a retesting of the support zone at $0.532.
The 4-hour Moving Average Convergence Divergence (MACD) indicator for the XRP/USD trading pair is now exhibiting a deceleration within the bullish region.
The current Relative Strength Index (RSI) for the XRP/USD pair has surpassed the 50 threshold.
The major support levels for the given data are observed at $0.576, $0.565, and $0.532.
#XRPFuture
The significant levels of resistance are shown at $0.600, $0.620, and $0.650.