Ripple (XRP), which pinned $ 0.42 due to the collapse in Bitcoin (BTC), is looking for upward momentum.
XRP, which has been in a downtrend since $ 0.646, came to $ 0.42 in a very short time. The major coin, which broke the support points one by one with the price action in Bitcoin, is currently trading at $ 0.50. Which levels are important to follow for XRP, which has managed to survive more than other altcoins?
Ripple (XRP) chart analysis
XRP, which has been moving down since $ 0.646, found support at $ 0.42. The popular coin, which managed to overcome the next two resistances, is currently hovering at $ 0.504. The resistance points that XRP investors can pay attention to are 0.527 – 0.546 – 0.565 – 0.646 and 0.668 dollars, respectively.
If BTC stays below $25,000, XRP may decline again. The support points that can be followed in this process are 0.493 – 0.42 – 0.367 and $ 0.345, respectively. A breakout of the $0.42 area will have a say in XRP’s short-to-medium term price movements.
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