Ripple Price Analysis: XRP In Steady Uptrend Above $0.2800

Ripple 2 800x600

Ripple price climbed higher recently and settled above the $0.2900 resistance against the US dollar. The price is showing positive signs and it could rally further above $0.3100. There is a connecting resistance trend line forming with hurdle near $0.3110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The price remains well bid above the $0.2880 and $0.2900 support levels in the near term. Ripple price is trading in an uptrend above $0.2880 against the US Dollar. XRP price could continue to rise towards $0.3200 as long as it is above $0.2785. Ripple Price Analysis This past week, there was a decent upward move above the $0.2750 resistance in ripple price against the US Dollar. As a result, XRP price climbed above the $0.2900 resistance and settled above the 55 simple moving average (4-hours). Finally, the price rallied above the $0.3000 and $0.3100 resistance levels. A…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE