Ripple Bulls and Bears Struggle via $0.65 Price Level, Can Bulls Sustain the Upt

[Rockalo]

The price of Ripple (XRP) has corrected upward to retest the $0.65 price level. It is likely that the cryptocurrency will face renewed selling pressure if it is rejected at the recent high. On June 22, the bears had earlier broken the previous low at $0.65.

This signals the resumption of selling pressure on the downside. The altcoin fell to a low of $0.53 and resumed its uptrend. XRP price corrected to the upside and retested the price level of $0.65. If buyers push XRP above the high of $0.65, the downtrend is likely to end. XRP/USD price will rise to retest the previous highs of $1.10 and $1.60. Currently, buyers are finding it difficult to break above the $0.65 price level. However, if Ripple faces rejection at the $0.65 high, the crypto is likely to fall to $0.33 low. More information: please click here