After a prolonged sideways movement during Bitcoin's short term rally, XRPBTC has bounced off a very important horizontal support region around 8284sats.
XRP was showing weakness in the past weeks and many were expecting a break below the support line, but a bounce(off the yellow support) and a break of the downward trend line gives $XRPBTC a positive outlook in the near term. As long as Bitcoin goes sideways or upwards, bullish momentum for XRP in the short term is likely to be expected.
XRP was showing weakness in the past weeks and many were expecting a break below the support line, but a bounce(off the yellow support) and a break of the downward trend line gives $XRPBTC a positive outlook in the near term. As long as Bitcoin goes sideways or upwards, bullish momentum for XRP in the short term is likely to be expected.