The XRP price is attempting to increase above the $0.5150 zone and could gain bullish momentum if it surpasses the $0.5500 resistance. It has experienced an upward move and currently consolidating gains. The price is trading above the 100-hourly Simple Moving Average and a bullish trend line is forming. On the upside, the price may face resistance at $0.5280 and $0.5320, with the potential to reach $0.5500 or even $0.6000. However, if it fails to clear the $0.5300 resistance, it could start a decline with initial support at $0.5210 and $0.5180. A close below $0.5180 could lead to further decline towards the $0.5050 support.
- Content Editor ( newsbtc.com )
- 2024-10-30
XRP Price on The Verge: Can It Shake Free and Surge Ahead?