XRP buyers returned in force and took the price to $3 earlier this week, but the asset slipped below it in the following days. What’s next?
Key Support levels: $2.6
Key Resistance levels: $3, $3.4
1. Buyers Rush to XRP
In the past week, the buy volume has exploded, and with it, the price. XRP went from $2.3 to $3 in less than a week, which represents a 30% rally. This is the first time this cryptocurrency is challenging the $3 resistance since March.
2. Critical Resistance Under Pressure
With the price just under $3, XRP is found at a junction. If it breaks this resistance, then it will have a real chance to escape much higher and even make a new all-time high. If it fails, then sellers are likely to return since that will be a sign of weakness. The next few days are critical.
3. Weekly MACD Turns Bullish
In a major development, the weekly MACD turned bullish this week. This hints at a sustained rally in the future despite any pullback at the current resistance. Based on this momentum indicator, the $3 level may eventually fall to allow this cryptocurrency to expand much higher, with key targets at $3.4 and a new all-time high of $3.6.
The post Ripple (XRP) Price Predictions for This Week appeared first on CryptoPotato.
 XRP buyers returned in force and took the price to $3 earlier this week, but the asset slipped below it in the following days. What’s next? Key Support levels: $2.6 Key Resistance levels: $3, $3.4 1. Buyers Rush to XRP In the past week, the buy volume has exploded, and with it, the price. XRP Crypto Bits, Crypto News, XRP Analysis, XRPBTC, XRPUSD, Ripple (XRP) PriceÂ
This articles is written by : Nermeen Nabil Khear Abdelmalak
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