Cryptolean Ripple XRP Update

Now, XRP lacks the momentum, however, it will change soon.

Today, it again tested the key daily support at $0.593 and we saw a bullish rejection.

It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93.

A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher .

An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54.

IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up.[/I]



Intraday Chart



The sentiment for the #XRPUSDT 4-Hour chart is neutral

A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657.

A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.