Ripple Price Prediction: XRP Looks To Push To $0.90

Daily Ripple Technical Analysis

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Last Updated December 21st 2021
3 Min Read
  • The Ripple price has gotten off to an extremely strong start to the week, up by almost 5% during the ongoing session. 
  • XRP was quite bullish over the weekend and had pushed up to $0.83 on Sunday. 

The Ripple price has gotten off to an extremely strong start during the current week, as buyers look to push the price to $0.90. XRP had dropped to $0.79 on Friday, after dropping by 1.03%. However, the price recovered well on Saturday, rising by almost 4% and settling at $0.82. XRP continued to push higher on Sunday, ending the weekend at $0.83, before pushing past the 20-day SMA during the ongoing session and moving to $0.88. 

Ripple Price Chart Indicates XRP Could Push To $0.90 

The Ripple price started the previous weekend on a fairly bullish note, rising by almost 5% on Saturday and then pushing up marginally on Sunday to end the weekend at $0.84. However, the price fell back after reaching this level, dropping by almost 7% on Monday and settling at $0.78. Tuesday saw the price recover, rising by 3.68% and moving to $0.81, before rising by almost 2% on Wednesday and settling at $0.82.

Image: XRP/USD daily

Image: XRP/USD daily chart 122121

After rising to $0.82 on Wednesday, the Ripple price fell back on Thursday, dropping to $0.80, after falling by 2.55%. The price continued to drop on Friday, falling by 1.03% and settling at $0.79. The price made a strong recovery over the weekend, as it rose by almost 4% on Saturday, moving up to $0.82. Sunday saw the price remain in the green, as it moved up to $0.83. The current session sees XRP up by almost 5%, as buyers look to push the price to $0.90.

We can see that the Parabolic SAR is currently bullish, indicating we could see the price rise.

Image: XRP/USD 4-hour

Image: XRP/USD 4-hour chart 122121

Looking at the 4-hour Ripple price chart, we can see that XRP had dropped to $0.77 on the 15th. The price made a strong recovery from this level, as it rose to $0.82, pushing above the 20-bar SMA. However, XRP could not push past the 50-bar SMA and fell back to $0.80 on the 16th. XRP could stay at this level for a few sessions, thanks to the 20-bar SMA acting as support, but the price fell below the SMA, dropping to $0.79 on the 18th. The price made a strong recovery from this level, as it rose above the 20 and 50-bar SMAs and moved to $0.82. With the 20 and 50-bar SMAs acting as support, XRP could stay at this level before surging to $0.90 on the 20th and then dropping to its current level of $0.87.

We can see that the Parabolic SAR and MACD are both bullish, indicating that we could see the price push higher.

Ripple Price Is Expected To Reach These Levels

Looking at the Ripple price chart, we see that XRP has made a strong start to the current week. If the current sentiment persists, we could see XRP push to $0.90.