XRP Price Resumes Rally – Here’s Why It Could Surpass $1 This Time

XRP Price Resumes Rally – Here’s Why It Could Surpass $1 This Time

Ripple’s token price is moving higher from $0.6650 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.8065 resistance zone.
Ripple’s token price is moving higher toward the $0.8065 resistance against the US dollar.
The price is now trading above $0.75 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support near $0.760 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair might continue to rise if it clears the $0.8065 resistance in the near term.
Ripple’s Token Price Starts Fresh Rally
After a strong rally, Ripple’s XRP saw a downside correction from the $0.9500 resistance against the US Dollar. It dipped below the $0.820 support zone. The price even spiked below the $0.70 support.
A low is formed near $0.6655 and the price is now rising, unlike Bitcoin and Ethereum. There was a move above the $0.70 and $0.72 resistance levels. XRP surpassed the 23.6% Fib retracement level of the dow

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We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-resumes-rally-0-84/

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