XRP / TetherUSLong
XRP could reach $0.80 in this rally.
XRPUSDT In the XRP price analysis, buyers successfully protected the 38.2% Fibonacci retracement level of $0.49, which pushed the price towards the overhead resistance zone of $0.56 to $0.58. The upsloping 20-day EMA ($0.49) and the RSI in the positive zone indicate that the bulls have a slight edge.
If buyers kick the price above $0.58, the XRP/USDT pair may start an up-move that could reach $0.65 and then $0.80. However, if the price turns down from the overhead zone, the pair may consolidate between $0.49 and $0.58 for a few days. The trend will favor the bears if they yank the price below $0.49.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.