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Can XRP/USD Buyers Keep The Uptrend Going?

Ripple price is trading nicely above the $0.2300 and $0.2335 support levels. XRP to USD is likely to surge again if it clears the $0.2405 and $0.2415 resistance levels.
Key Takeaways: XRP/USD
  • Ripple price declined recently from the $0.2550 high, but it found support near $0.2235 against the US Dollar.

  • XRP/USD is currently struggling to clear $0.2400 and a major bearish trend line on the 2-hours chart (data feed from Bitstamp)

  • Bitcoin price is also facing a strong resistance near the $8,750 and $8,800 levels.
Ripple Price Analysis
After a strong rally, ripple price faced sellers near the $0.2550 area. As a result, XRP to USD started a downside correction and traded below the $0.2420 and $0.2400 levels.