Home Ripple Technical  Analysis: XRP/USD bulls are not letting go of current momentum, with comforting ascending trend line providing support
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Ripple Technical  Analysis: XRP/USD bulls are not letting go of current momentum, with comforting ascending trend line providing support

  • Ripple price on Thursday maintained upside momentum, seen up with gains of over 2.5%.
  • XRP/USD is being well-supported near-term by an ascending trend line, cushioning any small pullbacks.

 

XRP/USD 60-minute chart  


 

Spot rate:                    0.52668

Relative change:        +2.63%

High:                           0.54190

Low:                            0.50671

 

Trend:                         Bullish.

 

Resistance 1:                  0.53700,  resistance on 60-minute chart.

Resistance 2:                0.54800, supply area.

Resistance 3:                0.57070,  26 September high.

Support 1:                   0.51950, ascending trend line & 100MA (60-minute).

Support 2:                     0.50985, 50MA (60-minute).

Support 3:                   0.45500, chunky demand zone.

 

 

 

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