$XRP XRP price analysis..........๐๐๐
XRPย
$0.53
ย is trading below the 20-day EMA (0.54) but the bulls are trying to find support at the uptrend line.
#XRP/USDT daily chart.
If the price bounces off the uptrend line and breaks above the 20-day EMA, it will suggest that the bears are losing their grip. The XRP/USDT pair could then attempt a rally to the 50-day SMA ($0.59) and subsequently to $0.69.
Contrary to this assumption, if the price continues lower and breaks below the uptrend line, it will suggest that the bears are in control. The pair may plunge to $0.46, where the bulls are expected to provide strong support.