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19 April 2021

Charted: Ripple (XRP) Surges Above $0.70, Bulls Aim $0.80 or Higher

Charted: Ripple (XRP) Surges Above $0.70, Bulls Aim $0.80 or Higher


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Earlier, XRP formed a support base above $0.5000 before surging above the $0.6000 resistance.

It is near the 23.6% Fib retracement level of the upward move from the $0.5687 low to $0.7254 high.

The 50% Fib retracement level of the upward move from the $0.5687 low to $0.7254 high is also near $0.6400.

The main support is near the $0.6000 level, below which the price is likely to test the 100 simple moving average (4-hours).

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