XRP might offer a chance to dip buyers as this signal appears XRPArmy XRPCommunity XRPHolders $XRP
At the time of publication, XRP was trading at $0.38 after touching lows of $0.375 in today's trade. While marginally down in the last 24 hours, XRP is up 2.58% in the last seven days, outperforming the top 10 cryptocurrencies.
On the other hand, XRP might squash the negative sell signal if the market trends are higher in the coming days. An inflow of positive news into its ecosystem might as well aid the XRP price performance in the short term.As seen on its daily chart, XRP might persist in its current range with support at $0.319 and a barrier near $0.40 as the RSI has flattened below the 50 neutral mark, suggesting a period of consolidation.
There are several ways traders could approach the XRP price action in the coming days. A breach past the $0.40 barrier located near the daily MA 200 might spur a new uptrend with targets near the MA 50 and then the $0.51 mark. On the contrary, XRP has confirmed support near the $0.32 mark, having failed to sustain below here on two occasions.points to the flow of a significant amount of XRP in the last 24 hours.
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