Ripple: Price Analysis, October 24

XRP/USD

Ripple’s volatility has died down. Both moving averages and the RSI are flattening out, which shows a balance between the buyers and the sellers.




XRP/USD




The resistances on the upside are $0.5, $0.55 and $0.625, whereas the two support levels are at $0.388 and $0.37.

We suggest traders wait until the XRP/USD pair attracts more buying interest. We might propose long positions when we find a reliable buy setup above $0.5.

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