Technicals Point Towards Ripple (XRP) Increase To $0.27 Despite Some Roadblocks

[Dociko]

Ripple is gaining pace above the $0.2500 resistance against the US Dollar. It seems like XRP is aiming a run towards the $0.2700 resistance level as long as it is above $0.2400.

Ripple is showing positive signs above the $0.2450 and $0.2500 levels against the US dollar.
The price traded to a new weekly high at $0.2580 and it settled above the 100 hourly simple moving average.
There was a break above a major bearish trend line with resistance near $0.2460 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is correcting gains, but dips are likely to find bids near $0.2480 and $0.2450.
Details: https://www.newsbtc.com/2020/09/17/ripple-xrp-could-increase-to-027/