As Bitcoin Climbs, Can XRP Price Catch The Wave?
XRP price is holding gains above the $0.5350 zone. The price is still struggling to clear the $0.5550 hurdle despite a steady rise in Bitcoin. XRP price is cons
XRP price is holding gains above the $0.5350 zone. The price is still struggling to clear the $0.5550 hurdle despite a steady rise in Bitcoin.
XRP price is consolidating above the $0.5380 zone.
The price is now trading near $0.5420 and the 100-hourly Simple Moving Average.
There was a break above a connecting bearish trend line with resistance at $0.5420 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could gain bullish momentum if it clears the $0.5450 and $0.5550 resistance levels.
XRP Price Eyes Steady Increase
XRP price remained stable above the $0.5350 support zone. However, it failed to gain bullish momentum like Bitcoin and Ethereum. There was a minor upward move from the $0.5380 swing low.
The price climbed above the $0.5420 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $0.5656 swing high to the $0.5380 low. There was a break above a connecting bearish trend line with resistance at $0.5420 on the hourly ch…
