COINPEDIA

XRP price primed for a surge, movements are highly recessive

BITSTAMP:XRPUSD   XRP / U.S. Dollar
In the early hours, the price was seen down to the $1.001 mark. Pushing itself off from this range, the price is expected to surge deeply in the coming days. This can come true if XRP keeps up with the trend reaching figures at and above $1.1. Contrastly, if the bulls fail XRP can fall back to the previous range or below $1. Since the trends adhere to a recessive pattern, it may move up or down the channel. Currently selling pressure indicators strengthen and RSI may hike off.

Resistance at $1.03,
Support level strikes at $0.99

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