Ripple (XRP), which took an upward action with a reaction from the support zone, rose 20 percent in the last 2 days.
Testing $29,500, Bitcoin (BTC) pulled almost the entire altcoin market to support levels. With this situation, XRP, which touched $ 0.72, took a strong action and increased by 20.07% in a short time. The major coin, which has now withdrawn from the $0.845 resistance, is trading in a decisive zone. Can the rises on the XRP side continue? What prices can be seen to rise?
Ripple (XRP) chart evaluation
Attacking just below the $0.723 support zone, the popular coin reached $0.855 breathlessly. However, the resistance level of this zone and $0.843 naturally increased the selling process. As of the writing of the news, XRP, which is $ 0.819, can sign a rise towards $ 0.843 – 0.855 and $ 0.9378. In this process, news from Ripple is of great importance.
Although it leads the SEC case forward, considering that there may be negative situations, the risks in XRP continue. In this process, the support zones to be followed on behalf of XRP are 0.806 – 0.789 – 0.75 – 0.723 and 0.701 dollars, respectively. One of the most important ranges to pay attention to is $ 0.731 – $ 0.723. This will have a say in the short-to-medium term price structure of XRP.