XRP Flashes Golden Cross: Will It Break $1.43 Resistance?
Photo: Coindoo
That price range has become more important as recent futures activity eases from an elevated monthly level and exchange-flow data offers an incomplete view of supply. A recovery has reached its first resistance The XRP/USD daily chart showed XRP near $1.37 at the time of writing, placing price above the 50% Fibonacci retracement at $1.34. This level has acted as the immediate anchor during the pullback from the September high near $1.70 . The first resistance range sits at $1.425-$1.428, where the 50-day simple moving average near $1.4254 overlaps with the 38.2% Fibonacci retracement near $1.4278.
Source: Coindoo
