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FX.co ★ XRPUSD retest of broken resistance at $0.43.

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Crypto Analysis:::2023-03-26T10:52:33

XRPUSD retest of broken resistance at $0.43.

XRPUSD retest of broken resistance at $0.43.

XRPUSD is trading around $0.45 above the broken resistance at $0.43. After a sharp move towards $0.49 price turned back to back test the broken resistance. Previous resistance is now support. Price back tested the horizontal support and is now again above it. Holding above the red support is key for the continuation of the up trend. Price has started making higher highs and higher lows. XRPUSD has the potential to move above $0.50 if bulls continue to defend and stay above $0.43

Analyst InstaForex
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