The price is now trading nicely above $0.6500 and the 55 simple moving average (4-hours).
There is a key bullish trend line forming with support near $0.6700 on the 4-hours chart of the XRP/USD pair.
If there is a downside break, the price could test the $0.6200 support and if it close to the 50% Fib retracement level of the upward move.
On the upside, the first key resistance is near the $0.7000 level. The next key resistance is near the $0.7350 level.
A break above $0.7000 and $0.7350 could open the doors for a move towards $0.8000. The next major resistance could be near $0.8800.
Get it on Google Play