Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone.
Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar.
The price is now trading above $0.48 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support near $0.4860 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair might continue to rise if it clears the $0.4960 resistance in the near term.
Ripple’s Token Price Starts Fresh Increase
This past week, Ripple’s XRP saw a downside correction from the $0.5265 resistance against the US Dollar. It dipped below the $0.500 support zone. The price even spiked below the $0.465 support.
A low is formed near $0.4460 and the price is now rising, similar to Bitcoin and Ethereum. There was a move above the $0.455 and $0.465 resistance levels. XRP surpassed the 50% Fib retracement level of the
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