XRP next target? $0.75 in-sight?

Cryptocurrency News and Public Mining Pools

XRP next target? $0.75 in-sight?

XRP next target? $0.75 in-sight?

Live Ripple token XRP price as of this writing is $0.592 USD. XRP USD price has changed by -0.90% since yesterday. It is currently trading ▼-3.36% from its 7-day all-time high price of $0.613 USD and ▲5.79% up from its 7-day all-time low of $0.560 USD.

With 56,434,507,880 XRP coins in circulation, XRP market cap is $33.1 Billion USD.

Following positive development from Ripple-SEC case, XRP price has seen a strong upward trend. Based on Fib retracement from its latest swing high of $0.6310 to swing low of $0.5022, currently XRP is trading above the 61.8% Fib level and maintains a strong uptrend trend where price has bounced multiple times from the SMA (50) level in 4hr time interval.

If it maintains its current trajectory, in the following sessions XRP could target $0.70-$0.75 and $0.83-$0.85.

For latest live charts, tech analysis, visit: XRP USD price live chart

https://preview.redd.it/fci3krb98eqd1.png?width=1059&format=png&auto=webp&s=9c56d54472040df2749d0cdb17b175217d0cdc24

Key tech. indicators (in 4hr candlestick interval):

  • XRP RSI value in the 4Hr candlestick interval is 55.19, above the key RSI 50 level.
  • XRP price is above all key SMA levels in the 4Hr candlestick interval, indicating a strong upward trend.
  • Note that, XRP SMA(50) price is above the SMA(200) price in the 4Hr candlestick interval and XRP SMA(50) continues to maintain upward trajectory. This signals bullish sentiment is intact.
  • Key support at $0.562, resistance at $0.60.

https://preview.redd.it/3v1nue7yaeqd1.png?width=1125&format=png&auto=webp&s=7359127c18f58c4e1629855fb6bfa509fcfd897b

submitted by /u/OneBlockAwayICO
[link] [comments]