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Ripple Price Analysis: XRP sluggish recovery could delay upswing to $2, here’s what to watch

source-logo  coingape.com 28 April 2021 08:07, UTC
  • Ripple stalls short of $1.5 after rebounding from areas around $0.85.
  • Consolidation will likely take precedence based on the prevailing technical picture.

Ripple attempted to extend the up leg past $1.5 on Tuesday, but bulls hit a wall at $1.47. A minor correction occurred with the price sliding under the 100 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, XRP trades at $1.39 while bulls battle the immediate moving average resistance.

coingape.com