XRP Price Prediction: A Fresh Rally Is Around The Corner?

Feb 14, 2024 06:00 am Cryptocurrency 91

XRP price is consolidating below the $0.538 resistance. The price could start a fresh rally if it clears the $0.5380 and $0.5500 resistance levels.

XRP is struggling to clear the $0.5350 and $0.5380 resistance levels.

The price is now trading above $0.520 and the 100 simple moving average (4 hours).

There is a key bullish trend line forming with support at $0.5170 on the 4-hour chart of the XRP/USD pair (data source from Kraken).

The pair could start a fresh rally if it clears the $0.5380 and $0.5500 resistance levels.

XRP Price Eyes Fresh Rally

In the past few days, XRP price recovered higher from the $0.4980 zone. There was a move above the $0.505 and $0.5120 resistance levels. However, the bears remained active near the $0.5380 resistance and protected more upsides, unlike Bitcoin and Ethereum.

The recent high was formed at $0.5375 before there was ..

Support the originator by clicking the read the rest link below.