CandleFocus XRP Price Faces Support Test: Is a Rebound on The Horizon?
2024-10-31
Author: Content Editor
The XRP price is currently undergoing a correction after reaching a high of $0.5307. The price is testing the $0.520 support level and may bounce back to begin a new upward movement. If the price is able to clear the $0.5250 resistance level, it could continue to rise towards the $0.5320 and $0.5450 levels. On the other hand, if the price fails to break the resistance zone, it could start a decline and find support at the $0.5200 and $0.5185 levels. The MACD indicator suggests a loss of momentum in the bullish zone, while the RSI is below the 50 level.
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