XRP Prediction 2020 – XRP commenced a moderate price recovery from the $0.1280 support level against the U.S dollar. XRP price might exceed the $0.1500 resistance level and trade towards the $0.1700 resistance level. XRP Price Prediction 2020 – XRP Price is displaying a few bullish signs above the $0.1400 level against the U.S dollar. XRP price is currently testing a key resistance level close to the $0.1500 level. There is a short-term breakout pattern establishing with resistance close to $0.1500 on the hourly chart of the XRP/USD pair. The token could either continue higher towards the $0.1700 resistance level or decline back to $0.1300.
XRP Price Currently Testing Major Resistance
XRP Price Prediction 2020 – XRP Price surged above the $0.1500 resistance level and the 100 hourly simple moving averages. The token traded as high as $0.1546 and recently corrected lower. There was a break beneath the 23.6% Fib retracement level of the upward move from the $0.1281 low to $0.1546 high.
XRP (XRP) Price Today – XRP / USD
XRP Prediction 2020 – The recent price decline was brief as the price found support close to the $0.1450 level. There is a short-term breakout pattern establishing with resistance close to $0.1500 on the hourly chart of the XRP/USD pair. If there is an upside break above the $0.1500 resistance level, the price might surge further. XRP Price Prediction 2020 -The next resistance is close to the $0.1550 level, above which the XRP bulls might aim a test of the $0.1650 and $0.1700 resistance levels in the near term. Any additional gains could drive the price towards the $0.2000 hurdles.
XRP Price Prediction 2020 – If XRP fails to extend its price surge above the $0.1500 resistance level, it could decline beneath the triangle support level. Early support is close to the $0.1450 level, beneath which the price might test the $0.1400 level. XRP Prediction 2020 – early support is close to the 50% Fib retracement level of the upward move from the $0.1281 low to $0.1400 high. A breakout beneath the $0.1400 support level could pave the way for a bigger price decline.
The next key support is close to the $0.1300 and $0.1280 levels, where the XRP bulls might take control. The MACD for the XRP/USD pair is gradually gaining momentum in the bullish zone. While the RSI for the XRP/USD pair is currently surging and it is well above the 50 levels. The key resistance levels are $0.1500, $0.1550 and $0.1650, while the key support levels are $0.1450, $0.1400 and $0.1320. Traders are being extra careful with their moves as they wait to see what the price action will be in the next few days.