XRP price rallied over 80% after the court’s ruling and jumped above $0.80 against the US Dollar. It tested the $0.95 zone and is currently correcting gains.
Ripple’s token price surged above the $0.65 and $0.80 resistance levels against the US dollar.
It is trading well above $0.5000 and the 100-day simple moving average.
There was a break above a major bearish trend line with resistance near $0.50 on the daily chart of the XRP/USD pair (data source from Kraken).
The pair is currently correcting gains but the bulls might be active near $0.70.
Ripple’s XRP Price Surges Over 80%
After the court’s verdict in favor of Ripple, XRP saw a monster rally above the $0.45 resistance. It broke many hurdles near $0.50, dragging Bitcoin and Ethereum high as well.
There was a break above a major bearish trend line with resistance near $0.50 on the daily chart of the XRP/USD pair. It opened the doors for a strong increase above the $0.65 resistance. The price gained over 80% and even spiked t
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