XRP continues its upward trend after bulls pushed the price above the resistance level of $1.27 on November 22.
Daily XRP/USDT chart | Source: TradingView
The sharp increase has pushed the RSI of the XRP/USDT pair into the overbought territory. If the uptrend continues, the pair may reach $1.70. However, sharp increases are often not sustainable.
The first support level to pay attention to is $1.27. If it breaks and closes below this level, selling pressure may increase, pulling the price down to $1.
