XRP was great on weekends, unlike the current sentiment of the crypto market.
Main support levels: $ 0.70, $ 0.58
Major resistance levels: $ 0.85
XRP recovered after touching key support for $ 0.70 and rose 10% on Friday. As always, there isn’t much volume this weekend and there isn’t much pricing action. The next major resistance is $ 0.85 and can be tested immediately if XRP opens a new week in green.
Technical indicators
Transaction volume: Volume is low at the moment, but XRP had a big surge on Friday. Can this continue on Monday?
RSI: The daily RSI remains at about 50 points and has not yet formed a clear trend. To turn this flat trend into a sustained rise, prices need to continue to rise.
MACD: Daily MACD could be bullish tomorrow if XRP succeeds in rising again. If the buyer returns, the moving average is one day away from the positive cross.
bias
The current bias is neutralHowever, if the buyer returns on Monday, it can be bullish.
Short-term forecast of XRP price
Indicators suggest that XRP could continue upwards to test key resistance at $ 0.85. There was a lack of buying pressure on weekends, which could change soon on Monday.
The current flat integration trend may end if buyers can move prices beyond key resistance and turn it into support.
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Cryptocurrency chart According to TradingView.
