Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: MRM on September 12, 2020, 04:59:22 PM
-
Ripple has remained range-bound above $0.23 support. The crypto is fluctuating in a tight range between $0.23 and $0.25. Buyers have earlier attempted to push prices upward but were repelled at the $0.25 high.
The upward movement will be an uphill task as buyers must push XRP above the $0.28 support. The coin is trading at $24 support, and a rebound above the support will propel price to break the $0.25 resistance.
The bullish momentum is likely to continue to the $0.28 high. However, where buyers fail to initiate the upward move, sellers will come in to resume the downtrend. The coin is presently falling toward the current support at $0.23. A break below the current support will mean a downward movement of the coin. Ripple will reach a low of $0.21 if sellers are successful.
Source: https://coinidol.com/ripple-retest-resistance/