{"id":435641,"date":"2020-08-20T05:48:16","date_gmt":"2020-08-20T05:48:16","guid":{"rendered":"https:\/\/wncen.com\/?p=435641"},"modified":"2024-06-11T14:15:21","modified_gmt":"2024-06-11T14:15:21","slug":"ripple-xrp-showing-early-signs-of-fresh-increase","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-showing-early-signs-of-fresh-increase\/","title":{"rendered":"Ripple (XRP) Showing Early Signs of Fresh Increase, But Bulls Facing Hurdles"},"content":{"rendered":"
Ripple extended its decline and tested the $0.2800 support against the US Dollar. XRP price is likely to start a slow and steady rise as long as it is above the $0.2800 support.<\/em><\/p>\n
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Ripple failed to stay above the $0.2850 support and tested the $0.2800 region against the US dollar.<\/li>\n
The price traded to a new weekly high at $0.2790 level and it is now well above the 100 hourly SMA.<\/li>\n
There was a break above a key bearish trend line with resistance near $0.2900 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair is currently struggling to gain bullish momentum above $0.2905 and $0.2920.<\/li>\n<\/ul>\n