XRP price started a downside correction from the $0.580 resistance. The price could start a fresh rally unless there is a close below the $0.535 support.
XRP is struggling to clear the $0.5650 and $0.580 resistance levels.
The price is now trading above $0.535 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $0.5350 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair could start a fresh rally unless there is a close below the $0.535 support.
XRP Price Dips To Key Support
In the past few days, XRP price recovered higher from the $0.520 zone. There was a move above the $0.535 and $0.550 resistance levels. However, the bears remained active near the $0.580 resistance and protected more upsides, like Bitcoin and Ethereum.
The recent high was formed at $0.5792 before there was a downside correction. There was a move below the $0.550 level. The price even tested the $0.535 support. A low is formed near
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-prediction-increase-0-535/
