XRP Price Corrects After Strong Rally — Support Levels in Focus

XRP Price Corrects After Strong Rally — Support Levels in Focus


XRP price started a fresh increase and traded above the $3.00 zone. The price is now correcting gains and might test the $2.75 support zone.

XRP price started a fresh increase above the $2.850 zone. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.750 zone. XRP Price Rallies Over 5%

XRP price started a fresh increase after it settled above the $2.650 level, like Bitcoin and Ethereum. The price was able to climb above the $2.80 resistance level.

Trending: Why Mexicans Are Protesting Mass Immigration

The recent move was positive

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!