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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Galaxy on October 25, 2020, 07:40:17 AM

Title: Ripple Struggles Below $0.26 Resistance, Possesses Inadequate Buyers at Higher P
Post by: Galaxy on October 25, 2020, 07:40:17 AM

In the last 48 hours, buyers broke the $0.26 overhead resistance but the bullish momentum reached the price at $0.26392 before it was repelled. Since September 25, XRP has not been able to trade above the overhead resistance.

This is because of the absence of buyers at higher price levels. Consequently, Ripple fell and found support above the 21-day SMA. Whenever XRP falls above the SMAs, the coin will be in a range-bound movement between $0.24 and $0.26 for a few more days.
Info link: https://coinidol.com/xrp-struggles-resistance/