Flash
XRP Price Fluctuates in Range, Breakthrough Above $1.4450 May Trigger New Rally
BroadChain News, April 24, 13:46, according to NewsBTC, XRP price has started a rebound above $1.4220 and is currently trading above $1.4250 and the 100-hour simple moving average. An ascending channel is forming on the hourly chart, with support at $1.430. If the price holds above $1.4450, it may continue to rise.
The main resistance level is at $1.4620, and breaking above it could test $1.480 and $1.50. If it fails to break the $1.4450 resistance, a new decline may be triggered, with initial support at $1.430. A break below $1.420 could lead to a drop toward $1.40. Technical indicators show that the MACD is losing momentum in the bullish zone, while the RSI is below the 50 level.
Related Coins: XRP