FX.co ★ Ripple in buyers territory

Ripple retreated in the short term after BTC/USD slipped lower. Still, the altcoin maintains a bullish bias despite temporary declines. The price could come back to test and retest the immediate support levels before resuming its growth.

XRP/USD changed little in the short term. In the last 24 hours, the crypto is down by 0.55% but is still up by 3.36% in the last 7 days. Bitcoin's further growth after its temporary retreat could help the price of ripple to extend its growth.

XRP/USD Still Bullish!

XRP/USD retreated to test and retest the 0.8493 static support (resistance turned into support). In the short term, the bias is bullish as long as it stays above the lower median line (LML).

Testing and retesting the immediate support levels could announce new bullish momentums. Strong consolidation above 0.8493 indicates a potential breakout above 0.9150 resistance.

XRP/USD Prediction!

A valid breakout above 0.9150 may activate an upside continuation and could bring new long opportunities.