What’s Next for the Ripple Price? 3 XRP Charts to Watch This Week

Price action is bullish and market sentiment is bullish.

Key support levels: $0.54

Key resistance levels: $0.68

1. Bulls in control

Sellers had several opportunities to make a position, but failed to come forward. Instead, XRP has been consolidating around 60 cents and looks poised to continue higher to challenge the resistance at 68 cents.

TradingView chart 2. Decisive moment approximations

The price is getting compressed on lower timeframes such as the daily and may soon try to break out of its current range. If buyers manage to get out, they can quickly bring the price to 68 cents. If they fail, current support is at 54 cents.

TradingView Chart 3. MACD Bullish Cross

The MACD moving averages just made a bullish crossover in the two-week period. This follows a similar crossover in the weekly period a few weeks ago. This pattern is indicative of a major change in price action that favors the bulls. If it holds, resistance will likely be tested soon.

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