FX.co ★ Ripple attracting more buyers

Ripple continues to move sideways in the short term. Still, the downside movement seems, so the buyers could take full control soon. It's trading at 0.4669 below today's high of 0.4830. In the short term, XRP/USD retreated as Bitcoin dropped as well.

In the last 24 hours, XRP/USD is up by 1.96% and by 0.49% in the last 7 days. Bitcoin's upside continuation should help the altcoin to grow as well.

XRP/USD Range!

XRP/USD was rejected by 0.4790 and by the weekly pivot point of 0.4810. After its last rally, a minor was somehow expected.

The lower median line (lml) stands as a dynamic support, so as long as it stays above it, the altcoin could develop a new swing higher.

XRP/USD Outlook!

A bullish closure above 0.4790 represents a bullish signal. The median line (ml) represents the first target.