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Wednesday

02 December 2020

Charted: Ripple (XRP) Could Restart Rally If It Clears The $0.30 Hurdle

Charted: Ripple (XRP) Could Restart Rally If It Clears The $0.30 Hurdle


smart summary beta

It seems like there is a major bullish trend line forming with support near $0.2880 on the hourly chart of the XRP/USD pair.

A clear break above the $0.2960 resistance level might clear the path for more upsides above $0.3000.

The next key support is forming near the $0.2880 level and a connecting bullish trend line.

A clear break below the trend line support, the 100 hourly SMA, and $0.2850 could increase the chances of a sharp decline.

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