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Ripple technical analysis 📈
In the daily time frame, Ripple has shown certain reactions by hitting the resistance zone of 0.55 to 0.57 cents. Considering that Ripple is in a long-term trading range and the price is currently close to the ceiling of this range, in case of breaking the line A short-term bullish trend of the price could move to the support area of 0.42 to 0.41 cents.
The second scenario for Ripple is to move up, in case of breaking the important resistance area of 0.57 cents, reaching the upcoming resistance areas of 0.65 and 0.78 cents. Ripple is currently trading at the price of 0.48 cents.
Major resistances: 0.568 and 0.654 cents
Major supports: 0.424 and 0.40 cents
This analysis is in no way an offer to buy or sell.
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