Hello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-XRP, formerly Ripple, was once again in the green, as the token continued to move away from a recent price floor.
Following a low of 0.5092 on Thursday, XRP/USD rose to a high of 0.5438 earlier in the day.
As a result of today’s move in price, XRP moved to its highest level since March 29, when the token hit a then eleven-month high of $0.5848.
From the chart, it appears that one catalyst for the move was the 14-day RSI bouncing from a floor at 57.00.
Price strength is now tracking at 62.97, which is marginally below a point of resistance at the 63.00 mark.
At the time of writing, XRP is trading at 0.5274, which is slightly lower than its earlier peak.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-XRP, formerly Ripple, was once again in the green, as the token continued to move away from a recent price floor.
Following a low of 0.5092 on Thursday, XRP/USD rose to a high of 0.5438 earlier in the day.
As a result of today’s move in price, XRP moved to its highest level since March 29, when the token hit a then eleven-month high of $0.5848.
From the chart, it appears that one catalyst for the move was the 14-day RSI bouncing from a floor at 57.00.
Price strength is now tracking at 62.97, which is marginally below a point of resistance at the 63.00 mark.
At the time of writing, XRP is trading at 0.5274, which is slightly lower than its earlier peak.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
