XRP Price Claims Up Amid Growing Demand

After losing around 7% of its value in one day XRP price continues to upwards gaining some ground in the new consolidation zone. The price has established new support at $27500 and looks all set to test $0.28350 and $028650 resistance levels. If MACD indicates bearish crossover support level $0.27500 may be retested in the short term, but it is more likely to be just a stop loss hunt rather then a genuine price  at the moment.

Breakout in the direction of the current general trend is more likely and XRP price can soon regain its position around 30 cents price mark.


Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button