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$XRP found good support at $3 and appears determined to re-test the resistance at $3.6
Ripple ($XRP) Price Predictions: Analysis
Key Support levels: $3, $2.7
Key Resistance levels: $3.6, $4
1. Uptrend Continues
Since buyers returned at the $3 support, $XRP entered a sustained uptrend that has taken the price close to $3.3 at the time of this post. The momentum is building up and the cryptocurrency has a good chance to revisit the resistance and ATH at $3.6 this month.
2. Bullish Momentum Building Up
If $XRP manages to move above $3.3, then buyers will have full control over the price action with a clear target at $3.6. The current momentum indicators such as the MACD and RSI are both making higher highs which supports a sustained uptrend in the future.
3. MACD Bullish Cross
Another clear signal that $XRP wants to go higher can be seen on the daily MACD where the moving averages are about to make a bullish cross. If confirmed, the price will have a clear path higher until sellers return which is most likely to happen around $3.6.
