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Ripple Price Analysis

After failing to resume its uptrend on April 24, Ripple has become range-bound between $0.76 to $0.93777.

XRP/USD

The XRP/USD pair will rally towards $1.229 levels if it breaks out and closes (UTC) above $0.94. On the other hand, it will become negative and slump towards the 50-day SMA and below that to $0.56 levels if it breaks down of $0.76.
Inside the range, it will remain volatile. We’re waiting for the breakout to recommend any long positions.
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