Despite the market-wide correction, XRP remains strong. đ Main support levels: $0.43, Main resistance levels: $0.54.
1. Flat Trend Continues
XRP did not make new lows this week and managed to keep its price around 48 cents. While most of the market was in the red today, XRP showed its strength. đȘ
2. Is Major Resistance Next?
Price action is showing signs that XRP is looking to move higher and push the major resistance at 54 cents. This level seems achievable if there is a 10% price increase from current levels and sentiment around this cryptocurrency continues to improve. đ
3. Bullish Cross on the Diary
The bullish crossover on the daily MACD last Sunday may explain why XRP is currently doing better than other altcoins. Since then, buyers have seemed to have the upper hand, but they are struggling now. If they remain stable here, XRP may rise later.
What do you think about this? We are waiting your comments! đ
