XRP price analysis
The bulls tried to thrust #XRP above the 20-day EMA ($0.48) on July 10 but the bears held their ground.
The bulls will have to cross the roadblock at the 20-day EMA and then at the 50-day SMA ($0.49) to gain the upper hand. If they do that, the XRP/USDT pair could pick up momentum and surge to $0.53 and eventually to $0.56.
On the contrary, if the price turns down sharply from the current level, it could retest the strong support at $0.45. This level has held on two previous occasions, hence the bulls are expected to defend it aggressively. If the buyers fail in their endeavor, the pair may collapse to $0.41.
What is your opinion in this situation