Ripple (XRP) May Visit $0.70 Support - BitcoinEthereumNews.com
XRPUSD - Pang-araw-araw na Tsart Sa pagtingin sa pang-araw-araw na tsart, XRP / USD is likely to head to the downside. Though, the Ripple price may be stagnant, trending in a tight trade range as it could move below the key supports. The coin may likely revisit the $0.70 support before it could start a new increase, but after struggling to face the 9-day moving average, Ripple (XRP) begins a slow and steady decline towards the south. According to the technical indicator, the coin may hit the nearest support at $0.65 to move into a short-term bearish zone. When compared with Bitcoin, the Ripple (XRP) is moving in the same direction within the chanel. If the selling pressure persists, the Ripple price may bring a new low into the market. Presently, the technical indicator Relative Strength Index (14) is moving towards 50-level; more positive moves may come to play as the coin moves to cross above the 9-day and 21-day moving averages. XRPBTC - Daily Chart However, traders may expect close support below the moving averages at the 1600 SAT before breaking to 1500 SAT and below. If a bullish movement surfaces, validating a break above the 21-day moving average may confirm a bullish