XRP Bulls Poised – $3.12 Break Might Start Strong Upswing

XRP Bulls Poised – $3.12 Break Might Start Strong Upswing


XRP price started a fresh increase above the $3.020 resistance. The price is now showing positive signs and might gain pace if it clears the $3.120 zone.

XRP price is moving higher from the $2.980 support zone. The price is now trading above $3.020 and the 100-hourly Simple Moving Average. There was a break above a rising channel with resistance at $3.070 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if the price clears the $3.120 zone. XRP Price Attempts Fresh Increase

XRP price extended losses below $3.00 before the bulls appeared, like Bitcoin and Ethereum. The price tested the $2.980 zone and recently started a recovery wave.

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There was a move

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