XRP Price Analysis – July 26
The Ripple (XRP) bulls hit resistance at $0.225, but the price may likely bounce back if the $0.200 could provide support.
Resistance levels: $0.235, $0.240, $0.245
Support levels: $0.200, $0.195, $0.190
XRP/USD follows a bullish wedge formation but now retreating to its lower limit. After falling from $0.225 today, the price of the XRP is now closer to the $0.212 support, which could offer a rebound level for the next bullish rally. For the past few days, the bearish impulse movement has been suspended. Should the bears exhaust momentum around the $0.210 support level, a bullish continuation is expected to occur.
Meanwhile, if the bears are out of breath around the support area mentioned, a bullish pursuit is expected. However, we should keep an eye on the $0.225 and $0.230 before printing a new high at … Read more