Ripple remained in a positive zone above the $0.2500 support against the US Dollar. XRP price is likely to rally further if it clears the main $0.2600 resistance.
Ripple started following a nice bullish path above the $0.2450 resistance against the US dollar. The price is now trading well above $0.2500 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.2550 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could rally 5%-10% if it clears the main $0.2600 resistance in the near term. Ripple Price Testing Key Resistance
In the past few days, there was a steady rise in ripple above the $0.2450 resistance level. XRP settled above the $0.2500 resistance level and the 100 simple moving average (4-hours) to move into a positive zone.
The price even climbed above the $0.2550 level, but the bulls seem to be facing a strong resistance near