XRP (XRP) is accumulating in the range of $1 to $1.20 after a recent strong rally, indicating that the bulls are not in a hurry to take profits.
XRP/USDT Daily Chart | Source: TradingView
The bulls will again try to push the price above $1.27. If successful, the XRP/USDT pair could extend the uptrend to $1.70.
However, the bears will try to defend the resistance at $1.27 and pull the price down below the psychological support at $1. If this happens, the price could adjust deeply to the 20-day EMA ($0.81), slowing the uptrend.
