Home Ripple’s XRP Price Prediction: XRP/USD extends further, eyes on $0.3500 reclaim – Confluence Detector
Crypto News

Ripple’s XRP Price Prediction: XRP/USD extends further, eyes on $0.3500 reclaim – Confluence Detector

  • XRP/USD gains a whopping double-digits, seen up over 12% late on Wednesday.
  • Big life was kicked back into the bulls during European afternoon trading in the session.

 

Ripple’s XRP was seen holding gains of over 12% in the latter part of the day on Wednesday. A strong wave if buyers flew back to the market. This coming after the price dipped below the big psychological $0.3000 mark this year.

XRP/USD makes big chunky double-digit advance, thanks to a flow of buyers coming in, this was seen in the afternoon London time. The price managing to smash back through $0.3000, but there are barriers ahead for stability.

Looking via the daily confluence detector, there are some areas of resistance to be aware of; $0.3252, weekly 61.8% Fibonacci, $0.3305 weekly pivot point resistance. Aside from this, then $0.3500 would be the next likely area of interest for the bulls.

 

XRP/USD daily confluence

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.