here we have XRP/USD on the 4 hour chart
To put this recent price swing into perspective, the XRP price rose from $0.6 to $1.2 during last week and broken the resistance at $0.96 .
With the XRP price noting a strong 11.52% bounce in the past 24 hours, things are looking rather positive for the time being. It is also worth noting XRP has gained 1.57% over Bitcoin, although it is to be expected this trend will reverse at some point.
This trade could play out in 2 ways,
-Price continues it's strong momentum to the upside, and hits the upside target at $1.40 in one strong swing move.
-Price retests the side-wards resistance turned support at around $0.96 before the up move begins.
With $ 2.521bn in 24-hour trading volume, there is no lack of interest in XRP as of right now.More investors demand exposure to different cryptocurrencies and digital assets XRP is in rather high demand right now, and a few major exchanges on the world added to their trading platforms.
Dont forget to follow if you want to be noticed ;)
To put this recent price swing into perspective, the XRP price rose from $0.6 to $1.2 during last week and broken the resistance at $0.96 .
With the XRP price noting a strong 11.52% bounce in the past 24 hours, things are looking rather positive for the time being. It is also worth noting XRP has gained 1.57% over Bitcoin, although it is to be expected this trend will reverse at some point.
This trade could play out in 2 ways,
-Price continues it's strong momentum to the upside, and hits the upside target at $1.40 in one strong swing move.
-Price retests the side-wards resistance turned support at around $0.96 before the up move begins.
With $ 2.521bn in 24-hour trading volume, there is no lack of interest in XRP as of right now.More investors demand exposure to different cryptocurrencies and digital assets XRP is in rather high demand right now, and a few major exchanges on the world added to their trading platforms.
Dont forget to follow if you want to be noticed ;)