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- XRP close to long-term key support, it may not fall much.
- The bulls should be able to defend these levels.
Ripple's XRP is getting closer to long-term key support where it will not be easy for bears to break in at once and the bulls must seize this opportunity to defend their territory in order not to lose their relevance to long term.
The XRP / USD is trading almost flat in the day at $ 0.2932 and in less than 2% in a low-volume and low-volatility weekend trading. A quick glance at the daily chart of this crypt and observe that XRP has reached a level of support in which the bulls have been able to recover in the past.
The last September rally that we saw started from about $ 0.26- $ 0.28 levels, just below the price at which XRP is currently sitting.
Daily XRP / USD chart:
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