Charted: Ripple (XRP) Could Surge If It Settles Above This Key Hurdle

Charted: Ripple (XRP) Could Surge If It Settles Above This Key Hurdle


Ripple started a fresh increase after testing $1.00 against the US Dollar. XRP price is likely to surge further if it clears the $1.45 and $1.46 resistance levels.

Ripple is showing positive signs above the $1.25 and $1.30 resistance levels against the US dollar. The price is now trading well above $1.3200 and testing the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.15 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely to start another rally if it clears the $1.45 resistance zone. Ripple’s XRP Price Eyes More Upsides

This past week, ripple’s XRP found a strong buying interest near the $1.00 zone. XRP formed a support base above $1.00 and started a fresh increase, similar to bitcoin and ethereum.

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The price broke many important hurdles near the $1.10 level. There was a break above a major bearish trend

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