Ripple’s token price is rising above the $0.50 resistance against the US Dollar. XRP price might continue to rise toward the $0.525 and $0.550 resistance levels.
Ripple’s token price started a fresh increase above the $0.480 resistance against the US dollar.
The price is now trading above $0.50 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support near $0.4910 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair might continue to rise toward the $0.525 and $0.550 resistance levels.
Ripple’s Token Price Rallies 5%
In the past few days, Ripple’s XRP saw a decent increase from the $0.420 support against the US Dollar. It outperformed Bitcoin and Ethereum to move into a bullish zone.
There was a clear move above the $0.475 and $0.480 resistance levels. It even surpassed $0.500. A high is formed near $0.5047 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-prediction-0-55-target/
