Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates the presence of a bullish trend on Ripple. At the moment, XPR is moving near the middle border of the Bollinger Bands indicator.
Meanwhile, volumes are increasing, which leads to higher prices. Although sales for April 3 were above average, but bearish, the inability of sellers to lower prices, and the growth of April 2 was bullish. Now that Ripple (XRP) is in a bullish breakdown, any wide bar with high volumes, resulting in prices above 34 cents, can trigger participation, which further feeds demand for XRR.
What is more, the coin is the only one out of top 5 which position has even strengthened over the last 24 hours.
Meanwhile, volumes are increasing, which leads to higher prices. Although sales for April 3 were above average, but bearish, the inability of sellers to lower prices, and the growth of April 2 was bullish. Now that Ripple (XRP) is in a bullish breakdown, any wide bar with high volumes, resulting in prices above 34 cents, can trigger participation, which further feeds demand for XRR.
What is more, the coin is the only one out of top 5 which position has even strengthened over the last 24 hours.
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