Xrp daily chart

Xrp daily chart

Gate Trade Ripple Saturday, April 18, 2020 335 0

The bulls will now try to carry the price to $0.20570 where the bears might again mount a stiff resistance. If the XRP/USD pair turns down from this level, it might remain range-bound for a few more days. The flattish 20-day EMA and the RSI just above the 50 level also point to a few days of consolidation. However, if the bulls can propel the pair above $0.20570, a rally to $0.25 is likely. Conversely, the pair will turn negative on a break below $0.15708. For now, the stops on the long positions can be maintained at $0.155.