XRP continues to seize $ 2 and is a sign of strength.
Main support levels: $ 2, $ 1.6
Main resistance levels: $ 3, $ 3.4
1. The buyers are still firm
Even if the total market is very troubled in the past few days, XRP has managed to stick to the support level of $ 2. Recently, buyers have reached nearly $ 2.5 before shallow withdrawal. This indicates that the demand for XRP is still high.
2. The main resistance in $ 3
To really convert the graph, XRP must break the resistance at $ 3. This last bounce on the support of $ 2 is encouraging, but the bulls will have to keep pressure and transfer the price above $ 2.5 if they hope to test the main resistance.
3. Daily MACD promise
MacD average MacDs make the lowest levels and the graph is positive. This indicates that momentum ascending accumulates. These are the early signs that buyers may wait for a valid return. If so, the price has a good shot to approach $ 3.
Binance Free $ 600 (Full Details).
Limited offer for Cryptopotato readers in Bybit: Use this link to register and open a $ 500 free site on any coin!
