Ripple ( $XRP ) price analysis - Cointelegraph Analytics

XRP has been trading below the moving averages for the past several days, but the failure to pull the price below $0.50 suggests that selling dries up at lower levels.

Buyers will try to build their strength by pushing the price above the moving averages. If they manage to do that, the XRP/USDT pair could rally to the overhead resistance at $0.64. Sellers are expected to vigorously defend the $0.64 level as they have done in the past.

Alternatively, if the price turns down from the moving averages, it will signal that the bears remain sellers on every rise. A break below $0.50 could start a downward leg to the solid support at $0.46.