Ripple XRP price regains momentum slowly and is climbing higher to retest the $0.2880 resistance against the US dollar so the price is expected to surge further above $0.2900 in the near term as we are reading further in the XRP news today.
The Ripple XRP price started a fresh increase after it reached the $0.2680 support area against the US dollar and the bulls regained strength, pushing the price back above the $0.2800. There was a major break above the key bearish trend line with resistance close to the $0.2725 on the hourly charts for the XRP/USD pair. This price is expected to surge further once it clears the This price is expected to surge further once it clears the $0..
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2900 resistance area.
After the downside correction, the ripple xrp price support near the $0.2670 and the swing low was formed near the $0.2670 so the XRP price recently started a fresh increase again. The bulls were also able to gain some more strength and the price increased above the $0.2700 resistance level. Moreover, there was a close above the $0.2750 level and the 100 hourly simple moving average. During the upward movement, there was a clean break above the key bearish trend line and the ripple xrp price climbed above $0.2800 and retested the $0.2800 resistance area.
Ripple is climbing higher and it has recently retested the $0.2880 resistance against the US dollar so the xrp price could increase more above the $0.2900 and the $0.3000 in the near term. The XRP price started a fresh increase after tagging the $0.2680 support area against the US dollar. The ripple xrp price regained strength and pushed back the price above this resistance level. After the downside correction, Ripple found support close to the $0.2670 and $0.2680 levels and a swing low was formed close to the $0.2670 so the XRP price could start a fresh increase.
The bulls were able to regain strength so the price climbed again which means that these levels are quite important. The price has to break the $0.2890 area to continue much higher and if it falls again, there are some chances of a strong bearish reaction. The first key support is close to the $0.2780 level and the 50% fib retracement level is also very close. The 100 hourly simple moving average is also close to the $0.2775 level to provide support which is another further loss that could lead ripple price back to the $0.2670.
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