XRP continues to integrate with low fluctuations through BTC and USDT pairs. The price movement is tight, and it progresses higher than the big support, but it is struggling to get an upper momentum.
Written by Idris Derkhshi
XRP Prices analysis: USDT chart
XRP retains a few $ 2.00 and a 200 -day support area, and is located around the same price sign.
The level of $ 2.00 was a major demand throughout April, as many crumbs are bought in that area quickly. However, the upscale follow-up was weak, and the price remains compressed between $ 2.00 and the resistance area of $ 2.40-2.60.
The momentum is neutral as RSI hovers around the 50th sign. Bulls need to restore $ 2.60 to confirm strength and open the road to resistance from 3.00 to $ 3.10. If 200 DMA fails to keep it, the following main support is $ 1.40 and $ 1.
XRP price analysis: BTC associated graph
XRP is still in the direction of a decline against BTC, with a clear sequence of the highest levels since the peak in January. The price is now a little higher than the SAT 2400 level, but much less than the 2800 SAT resistance area.
200 DMA is still near 2100 major levels to see if the decline is continuing.
This husband continues to show relative weakness, and the restoration of 2800 SAT is crucial to transform the short -term trend. As long as XRP/BTC fails to break above this structure, the upper trend is likely to remain wrapped.
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