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  • XRP/USD is holding healthy gains on Monday, up over 3.50% in the latter stages of the session.
  • Bulls extend move to the upside, following the breakout from a bull flag pattern seen last week.
  • The median forecast across 9 cryptocurrency experts on a panel with finder.com report, sees XRP/USD at $0.57 by next month – December.
  • Lowest price forecast was at $0.31, with the most bullish of $1.00, by December for XRP/USD.

 

XRP/USD daily chart  


 
 

Spot rate:                   0.4833

Relative change:       +3.14%

High:                          0.4962

Low:                           0.4487

 

Trend:                        Bullish

 

Resistance  1:            0.4931, daily pivot point resistance.

Resistance  2:            0.5092, 15 October high area & daily pivot point resistance.

Resistance  3:            0.5790, supply area.

Support 1:                 0.4657, 50DMA.

Support  2:                  0.4525, daily pivot point support.

Support  3:                 0.4421, on top of breached flag.