FX.co ★ Trading Signal for Ripple XRP, for April 30, 2021: Buy above $1.53

In the early American session, the Ripple XRP is trading at $ 1.5342 having advanced more than 12%; after having found a strong bounce at the 200 EMA around 1.05.

Last week, from its low in the 1.01 zone, XRP gained 49.46%. The volume traded for XRP in the 24 hours prior to its current price was $ 7.35980B, or 5.33% of the total volume for all cryptocurrencies.

Without a doubt, XRP is the one that has performed the best this week, and the trend is likely to continue to be bullish, given that it is now above the SMA of 21, and is trying to break the pivot of 4 /8 of murray at 1.5620.

XRP has broken up the symmetrical triangle, which is a sign of a move to the 1.9531 area in the near term.

Our recommendation is to buy XRP, given that the price is very attractive to investors and the volatility with which it moves. Analysts believe that XRP can easily reach $ 3 and up to $ 5 in the coming months.

We should buy only if they stay above 1.3460, this level is key, with targets at 1.9531. The eagle indicator is showing bullish signal.

Support And Resistance Levels For April 30, 2021

Resistance (1) 1.7912

Resistance (2) 2,05

Resistance (3) ......

Support (1) 1.5125

Support (2) 1.4130

Support (3) 1.1816