XRP is currently trading at $1.566 following a 2.16% price gain on the daily chart.
The main trend stays strongly bullish as the price remains above key support levels.
The 7 day Moving Average sits at $1.5036, the 30-day Moving Average is at $1.4063, and the 200-day Moving Average is at $1.2767.
Short-term support is near the 7 day line at $1.5036, while the main resistance is at $1.6838.
The 14 period RSI is at 64.12, which shows healthy buying momentum without reaching overbought levels for $XRP.
The MACD indicator remains positive with DIF at 0.0570 above DEA at 0.0414, giving a green MACD value of 0.0156.
If buyers hold the $1.5036 support level, $XRP can push back up toward $1.6838. However, dropping below this level could push the price down to test $1.4063.
#Altcoin Season#
The main trend stays strongly bullish as the price remains above key support levels.
The 7 day Moving Average sits at $1.5036, the 30-day Moving Average is at $1.4063, and the 200-day Moving Average is at $1.2767.
Short-term support is near the 7 day line at $1.5036, while the main resistance is at $1.6838.
The 14 period RSI is at 64.12, which shows healthy buying momentum without reaching overbought levels for $XRP.
The MACD indicator remains positive with DIF at 0.0570 above DEA at 0.0414, giving a green MACD value of 0.0156.
If buyers hold the $1.5036 support level, $XRP can push back up toward $1.6838. However, dropping below this level could push the price down to test $1.4063.
#Altcoin Season#
