- XRP/USD trades nearly 8% higher even as some of the other crypto majors falter.
- The next big resistance is close to 0.3700 and we might just have enough momentum.
XRP/USD Daily Chart
Ripple has had a massive week this week.
Currently, the weekly candle is up around 16% as bulls look firmly in control.
On the chart below the daily chart shows the next big resistance at 0.3700.
If there is a retracement the 0.3200 area could act as a support.
There is also a trendline in place that could support the XRP/USD price if the correction is deeper.
Both the RSI and Volume indicators are showing that the market is firmly behind the move higher which is a great sign for the bulls.
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