The XRP price has been gradually increasing and recently tested the $0.7450 zone before correcting its gains. It has shown support above the $0.600 level and has formed a base, leading to a fresh increase above $0.6200. XRP has outperformed both Bitcoin and Ethereum in the past two sessions. The price is currently trading above $0.6320 and the 100-hourly Simple Moving Average, with a key bullish trend line forming at $0.6280. On the upside, resistance levels are expected near $0.7220, $0.7480, and $0.7550. Further gains may take the price to $0.7950 or even $0.800 in the short term. However, if the price fails to clear the $0.7220 resistance, it could initiate another decline, with support levels at $0.6820 and $0.6670.
- Content Editor ( newsbtc.com )
- 2024-11-14
XRP Price Gains Steadily with Swings: Can It Maintain Momentum?