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.