XRP Price Prediction: Is XRP Going To $0.5?
XRP Price Rolling Back – Time To Lock In The Gains? After bulls failed to sustain the uptrend triggered by the ruling in the long-standing legal battle pitting Ripple against the US Securities and Exchange Commission (SEC) two weeks ago, XRP price sustained a trend reversal from resistance at $0.85 to the ongoing sell-off below $0.7. advertisement If bulls do rally behind the cross-border money remittance token and reclaim the immediate $0.7 resistance, there is a glaring possibility that losses could stretch to $0.6, thus bringing $0.5 within reach. The XRP price technical outlook on the daily chart implies that sellers have the upper hand, especially with the Moving Average Convergence Divergence (MACD) indicator flashing a sell signal. XRP/USD daily chart | Tradingview To trade this momentum indicator, traders generally look out for bearish crosses marked by the MACD line in blue crossing below the signal line in red. As the index drops tow...