Dec 5, 2018
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Ripple Price Analysis: XRP/USD Buyers Facing Crucial Resistance

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Key Highlights

  • Ripple price declined and revisited the $0.3380 support area against the US dollar.
  • Yesterday’s highlighted important bearish trend line is in place with resistance at $0.3500 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair must stay above the $0.3380 and $0.3360 support levels to bounce back in the near term.

Ripple price is under pressure against the US Dollar and Bitcoin. XRP/USD needs to surpass $0.3500 and $0.3540 to gain bullish momentum.


Article Categories:
News · NewsBTC

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