XRP/USD: Bulls to test $0.325 resistance

XRP/USD gained 7.65% in value as bulls take over the market.
Currently trading at $0.313, the bulls have $0.325 resistance level firmly in their sight.

Rajarshi Mitra Independent Analyst

XRP/USD bulls have taken over the market, taking the price up from $0.29 to $0.31. With a 7.65% increase in market value, the bulls have set their sights firmly on the resistance at $0.325. The market has the necessary momentum right now to breach past the resistance and continue the upward trend.

XRP/USD daily chart

XRP/USD bulls have taken over the market and broken the price across the resistance at $0.295. Significant resistance currently lies at $0.325, and it looks like the market has the momentum required to break through that. Bulls have already broken past the resistance offered by the downward trending line which has hounded the market since Christmas 2018.

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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