CandleFocus

XRP Price Fights to Build Momentum While Bitcoin and ETH Surge

XRP price is attempting to increase above the $0.5050 zone, but it struggles to match Bitcoin and Ethereum's momentum. The price has surpassed some resistance levels and is trading above the 100-hourly Simple Moving Average. However, it must clear the $0.5250 and $0.5320 resistance levels in order to continue higher. On the upside, the price might face resistance near the $0.5250 level and the first major resistance is near the $0.5335 level. If the price fails to clear these resistance zones, it could start another decline, with initial support near the $0.5150 level and the next major support near the $0.5085 level.

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