Ripple Price Analysis: Rally Takes Breather, Key Support Nearby. Ripple price is correcting gains from $0.
26 Sep 2022, 08:00
Ripple Price Analysis: Rally Takes Breather, Key Support Nearby
Ripple price is correcting gains from $0.5580 against the US Dollar, unlike bitcoin. XRP price must stay above $0.4700 and $0.4500 to continue higher.
Ripple Price AnalysisAfter forming a base near the $0.3500 zone, ripple price started a fresh increase against the US Dollar. The XRP/USD pair was able to clear the $0.4000 resistance zone.
The price even broke the $0.4500 resistance and the 55 simple moving average (4-hours). XRP climbed above the $0.5000 resistance zone, but it faced sellers near the $0.5500 zone. A high was formed near $0.5586 and the price started a downside correction.