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Ripple pushes higher after clear break above $0.60

26 Jul, 2021

Since the last update here on the progress of Ripple (XRPUSD) the price has made a more substantial move back above $0.60. It was noted here last week; that a sustained break back above this price point could extend and of course that is all largely thanks to Amazon and BTC, but it was shaping that way anyway. The move in BTC has merely served to help XRP extend the gain that has now endorsed the 0.5104 level and a significant platform base. The range seen so far today has been covered by 0.6002 to 0.6767. The next important resistance level is now in place at 0.6878 (50 Day moving average). If that level does not cap a further rebound today, then the 200 day moving average (now at 0.7626) may soon come back into focus once again. XRPUSD is just now trading at $0.6605

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