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CryptoComes
Jun 16, 2020 1:55 PM

XRP: Trying to outperform Bitcoin? 

XRP / U.S. dollarBitstamp

Description

XRP yesterday set a June low near the upper border of the downward channel but was able to return to the average price range by the end of the day.

Now the pair is desperately trying to gain a foothold at the two-hour EMA55 level and if buyers can continue to grow, today the price may reach the psychological mark of $0.20. This support will be able to keep the price sideways for some time. If today buyers cannot continue to grow, then orange support at $0.190 can save the pair from a deep pullback.

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