XRP has been trading in a wide range between $0.41 and $0.74 for a few months, indicating buying on dips and selling on rallies.
The XRP/USDT pair has rebounded from the $0.46 to $0.41 support zone and is currently facing resistance at the 50-day SMA ($0.60).
If the price falls below $0.48, the pair may retest the $0.46 to $0.41 support zone, where buyers are expected to step in.
On the upside, a breakout above the 50-day SMA may push the pair to the 20-day EMA ($0.55).
Buyers must break above this resistance level to indicate that the range-bound movement of the pair may continue for a while.
The market took off directly in the morning! You can simply lay out some secondary mainstream altcoins!
