It seems like Ripple bulls are finding resistance at $1 and the middle BB. the last 2 or 3 weeks but buyers didn’t find enough momentum to push above $1 and the middle BB meaning unless that happens.
Ripple (XRP)
$0.775833 USD (-7.68%)
0.00008543 BTC (-4.56%)
Market Cap
$30,395,786,578 USD
3,346,967 BTC
Volume (24h)
$540,243,000 USD
59,488 BTC
Circulating Supply
39,178,259,468 XRP
Total Supply
99,992,263,539 XRP
Max Supply
100,000,000,000 XRP
If the XRP/USD pair breaks below the range, it can slide to the 50-day SMA and below that to the $0.56270 levels.If the support at $0.76 holds, it may remain in consolidation for a few more days. We shall turn bullish either on a break out of the range or if a new buy setup forms.
Following that over-extension and Ripple (XRP) overvaluation on April 21, buy momentum has never been the same.
Ripple (XRP)
$0.775833 USD (-7.68%)
0.00008543 BTC (-4.56%)
Disclaimer:
THIS #ARTICLE IS NARRATED FROM DIFFERENT SOURCES and is not intended to provide, #investment #advice. Please conduct your own thorough research before #investing in any #cryptocurrency.
