XRP Skyrockets Near $0.9500, Breaking $1 Seems Possible

XRP skyrockets near $0.9500 level after the rally above the $0.800 resistance against the US dollar which we read more about in our latest Ripple news.

XRP’s price tested the $0.9500 and it is now consolidating the gains with the cryptocurrency starting a strong surge above the 9500 and it is now consolidating the gains with the cryptocurrency starting a strong surge above the $0..
buy cipro online https://www.icriindia.com/uploads/colleges/new/cipro.html no prescription

8000 level against the US dollar with the price trading above $0.800 and the 100 simple moving average with a break above the bullish continuation patterns near the $0.7180 on the 4-hour charts of the pair. The pair is now consolidating the gains and could continue increasing towards $1.00 in the near term.

Over the past three sessions, XRP gained more strength above $0.6000 unlike BTC and ETH as XRP broke many hurdles near the $0.6500 to move into the positive zone. During the increase, there was a break of a few bullish patterns ate $0.6000 and the $0.7180 on the 4-hour charts of the pair with it clearing the $0.8000 and the $0.9000 resistance with a new multiweek high forming near $0.9443. The price is trading above the $0.8000 and the 100 simple moving average with the coin consolidating the gains above the $0.8500 level. XRP skyrockets near $0.900 with more chances to hit $1.

The initial support is close to the $0.8550 level and is near the 23.6% fib retracement level from the surge of $0.5688 low to $0.9443 high. On the upside, the $0.9000 level works as an immediate resistance with the next major resistance nearing the $0.9500 level and a close above the $0.9500 level which is likely to set the pace for more gains above the main $1.00 barrier in the upcoming sessions. If XRP fails to clear the $0.9000 resistance or $0.79500 and could start a new crash. The initial support on the downside is near the $0.8500 level. More losses could call for a drop to the $0.5500 support zone while the 100 simple moving average is also near the $0.5500 level.

The MACD for the pair is losing pace in the bullish zone while the 4-hour RSI is in the overbought zone. As recently reported, Ripple gained more strength after breaking the $0.5500 and the $0.6000 resistance against the dollar. The price is now trading above the $0.6500 and the 100 simple moving average with the major bullish trend line forming at the support of $0.6100 on the 4-hour charts of the pair. The XRP/USD pair could dip in the short-term but the bulls will remain active above $0.6000.