There has been complete panic on the markets during the previous week, where the crypto market significantly gained due to unfortunate events with banks, however, XRP was standing still, like that there is nothing happening. This is actually the beauty of XRP, where whatever happens, XRP will hold its current course of price action.
Still, there was some movement in the price of XRP from the $0.35 support line up to $0.39 in one moment. The coin is ending the week modestly above $0.37, after it did not manage to clearly test the $0.40 resistance line. RSI was also steady during the last few weeks, moving between 40 and 52. The market is showing no indication on the trading side. MA50 started its divergence from MA200 to the downside, without an indication on potential cross in the future period.
Whether XRP will have strength to test $0.40 resistance line in a week ahead is hard to say, considering that the coin was left completely out of the market sight during the previous week. On the opposite side, there is some probability that the $0.35 support line will be tested in the coming week.
Still, there was some movement in the price of XRP from the $0.35 support line up to $0.39 in one moment. The coin is ending the week modestly above $0.37, after it did not manage to clearly test the $0.40 resistance line. RSI was also steady during the last few weeks, moving between 40 and 52. The market is showing no indication on the trading side. MA50 started its divergence from MA200 to the downside, without an indication on potential cross in the future period.
Whether XRP will have strength to test $0.40 resistance line in a week ahead is hard to say, considering that the coin was left completely out of the market sight during the previous week. On the opposite side, there is some probability that the $0.35 support line will be tested in the coming week.
