Ripple Rebounds and Overruns the Bears as It Targets $0.28 Resistance

[MRM]

Today, Ripple has hit above the $0.26 price level at the time of writing. Earlier on, buyers have been pushing XRP from the previous overpriced level of $0.235. The coin bounced above $0.23 to break the $0.235 resistance.

Nonetheless, the momentum extended to $0.25 high on July 29. However, further upward movement was stalled below the resistance as buyers fail to push XRP above $0.25. On July 31, the resistance was breached as price rallied above it. Today, XRP is trading at $0.27 at the time of writing. A further upward move to $0.28 is expected but XRP may resistance at the recent high.
Source: https://coinidol.com/ripple-targets-resistance/