Ripple (XRP) Chart Analysis May 5, 2023

While Bitcoin (BTC) has been experiencing volatile hours, many altcoins have seen decreases, how are things progressing in Ripple (XRP)?
 Ripple (XRP) Chart Analysis May 5, 2023
READING NOW Ripple (XRP) Chart Analysis May 5, 2023

While Bitcoin (BTC) has been experiencing volatile hours, many altcoins have seen decreases, how are things progressing in Ripple (XRP)?

With the announcement of non-farm employment data, risky movements were observed in the market. BTC, which showed a momentary downward trend, also affected many altcoins, causing them to wick down. How does the chart continue for XRP, which is hovering at $ 0.458? Can big rises be seen again in XRP, which is fighting with the SEC?

Ripple (XRP) Chart Analysis

Considering the XRP chart on the 1-day time frame, price action at $0.918 will be decisive. XRP, which is currently ahead in the SEC fight, could create great price expectations if it continues the litigation process in this way.

After exceeding $0.918, $1,104 – 1,353 – 1,764 and $1,972 levels can be followed for XRP, respectively. The price range in which buyers and sellers will be active for XRP will be 1,353 – 1,764 dollars. The party that prevails in this price range can have a say in the short-term price movements of XRP.

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