Hello, welcome to this XRP/USDT 1 DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS : Ripple (XRP) Ripple has managed to sustain a price above the key support at $0.44. This allowed it to close the past seven days in green with a modest 1.5% price increase. The key resistance continues to hold at $0.56.
Yesterday’s price drop and volatility did not shake buyers, and this cryptocurrency remains on the offensive, with buyers continuing to show strength when other altcoins, such as Cardano, have lost their key support level. For this reason, XRP remains bullish.
Looking ahead, bulls may attempt to break away from the key resistance at $0.56, which would open the path for XRP to rally toward $0.70 and above. Until this happens, buyers need to be on their guard, as sellers will capitalize on any weakness as the price approaches the resistance.
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