$XRP
#Market_Update $XRP
$XRP is currently trading at 1.5009. Despite a sharp move away from the rising trendline near 1.0250 seen in October, it has maintained its position above the descending trendline near 1.6000 that has been in play since January.
If it can hold above 1.5000 and reclaim the descending trendline, the path will be cleared for a move towards 1.7000 and higher levels. Conversely, if it fails to maintain this position, the price could drop towards the 1.3200–1.2600 range.
#Market_Update $XRP
$XRP is currently trading at 1.5009. Despite a sharp move away from the rising trendline near 1.0250 seen in October, it has maintained its position above the descending trendline near 1.6000 that has been in play since January.
If it can hold above 1.5000 and reclaim the descending trendline, the path will be cleared for a move towards 1.7000 and higher levels. Conversely, if it fails to maintain this position, the price could drop towards the 1.3200–1.2600 range.