Ripple (XRPUSD) Price Prediction: Potential Bearish Reversal Zone Tested
Sellers may take over Ripple market Further increase in the bears’ momentum may result to the breakdown of the support level of $0.50, which may leads to further price reduction to $0.47 and $0.45 levels. In case the Bulls break up the resistance level of $0.52, it may increase Ripple to $0.56 and $0.58 levels. XRPUSD Price Analysis – October 10 Key Levels: Supply levels: $0.52, $0.56, $0.58 Demand levels: $0.50, $0.47, $0.45 XRP/USD Price Medium-term Trend: Bullish XRP/USD is bullish on the medium-term outlook. The crypto is on the strong bullish movement . The bullish trend commenced when the price action formed a “W” chart pattern at $0.28 support level. It is a bullish pattern and that is why the price soars towards north. The trend made former resistance levels turned to support levels. The resistance level of $0.56 is already tested. The price pulled back to retest the support level of $0.47. Buyers returned to the market with force. At the moment...