Ripple’s token price is attempting a fresh increase above the $0.48 resistance against the US Dollar. XRP price could gain bullish momentum if it clears $0.51.
Ripple’s token price is holding gains above the $0.480 resistance against the US dollar.
The price is now trading below $0.51 and the 100 simple moving average (4 hours).
There is a rising channel forming with support near $0.480 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair might continue to rise if it clears the $0.50 and $0.51 resistance levels.
Ripple’s Token Price Aims Fresh INcrease
In the past few days, Ripple’s XRP saw a downside correction from the $0.565 resistance against the US Dollar. It dipped below the $0.525 support zone, similar to Bitcoin and Ethereum.
The price even spiked below the $0.480 support zone. A low was formed near $0.4550 and the price is now rising. There was a decent increase above the $0.4650 and $0.480 resistance levels. XRP surpassed the 23.6% Fib retraceme
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-strength-above-0-51/
