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XRP's Limbo: Will it Break $0.56 or Plunge to $0.47?
XRPUSDT Perpetual Contract
XRP's Limbo: Will it Break $0.56 or Plunge to $0.47?
By Trade-Lean
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May 12, 2024
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May 12, 2024
XRPUSD daily sentiment remains neutral with XRP staying below $0.5603.
A bullish break-out of $0.56 is needed to push price higher to $0.6642, a very important daily and weekly resistance levels.
As long as XRP is trading below $0.5603, the potential to revisit $0.4722, the daily support zone, remains valid.
Below $0.4722 is the bearish territory for XRP.
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