25-07-2024 05:48 via newsbtc.com

XRP Maintains Support: Can It Rise Amid BTC and ETH Declines?

XRP price extended gains above the $0.6220 zone. The price tested the $0.6330 zone before there was a pullback amid declines in BTC and ETH.XRP price started a downside correction from the $0.6330 zone.
The price is now trading near $0.600 and the 100-hourly Simple Moving Average.
There is a connecting bullish trend line forming with support at $0.5920 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start another increase if it stays above the $0.590 support zon
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