- XRP/USD price gains 3.5% over the weekend
- Crucial resistance: $0.26500
- 1 hour MACD indicator is bullish
1 Day XRP/USD price chart
On the 14th of September XRP/USD price managed to move up on strong bullish momentum and gained around 3.5% in the process. The important resistance level of 0.26500 was once again tested several times over the weekend, but bulls failed to apply enough pressure for that price level to be broken. Subsequently, XRP price moved down slightly and is now trading at around $0.26200 up by 0.40% from the previous day when support at $0.2600 was hit.
Future uptrend strongly depends if enough demand can lift the price above $0.26500. If in the near future bulls will fail to achieve that goal, it is expected that price will descent to the level of support at $0.25500.
Chart source: Tradingview
Disclaimer: Markets, instruments, and advice on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. Ripplecoinnews does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Investing in Cryptocurrencies involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses, and costs associated with investing, including total loss of principal, are your responsibility.
Author of One of the World’s Most Sold Self-help Books Says Bitcoin Holders Will Get Rich as the Fed Prints ‘Fake Dollars’
The Reason Why Ripple’s XRP Has ‘Such a Loyal Army’, Explains Firm’s Former Principal Developer Advocate
After Years Long Litigation With the SEC, Ripple Anticipates the End of the Lawsuit
Ripple’s CTO Gives Befitting Reply to Ai Chatbot’s Conspiracy that Ripple Controls XRP Ledger Secretly
Best Board Meeting Software Solutions for All Different Needs
Recent Press Release
Know Encrypted International SIM Card. A new product to get secure communications and cybersecurity
In the current era in which privacy is increasingly scarce and violated, Cybersecurity has become more relevant within people and...
What Are the Perks of Using Trading Bots?
Many people like to trade stocks using either an automated system that runs on its own or by trading manually....
Top 10 Ways To Build Wealth With Modern And Traditional Approaches
Building wealth is a tedious job but in the right manner, it can be achieved. Many people aspire to become...
Is Young Money Superior To Old Money In The Latest Digital Age?
To the advantage of all of us, modern tech has accelerated economic progress, and we must keep embracing innovation, particularly...
5 Best Ways Artificial Intelligence Can Boost Your Business
Artificial intelligence (AI) is not only a concept for science fiction anymore; it is also starting to appear in business....