CandleFocus XRP Is In A Strong Uptrend And Is Trying To Break Above $2.00
2024-12-02
Author: Content Editor
The price of Ripple (XRP) has been on an uptrend, reaching a high of $1.95. It is expected to recover and reach its historical price of $3.30. If it is rejected at the $2.00 resistance zone, it may retrace and fall. XRP is currently worth $1.89. The moving average lines are tilting north, indicating upward momentum. Technical indicators show resistance levels at $1.40 and $1.60, and support levels at $1.00 and $0.80. On the 4-hour chart, XRP is in an uptrend but is trading sideways between $1.80 and $2.00. Once the trading range is broken, XRP will continue to move higher. This analysis is a personal opinion and should not be seen as financial advice.
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