Ripple: Price Analysis, April 04

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XRP/USD

The recovery in Ripple could not extend above the overhead resistance of $0.56270, which is a bearish sign. Now, if the price breaks down of the April 01 lows of $0.45351, the downtrend will resume.




XRP/USD




There is no major support until the price reaches $0.22 levels, that’s why it is difficult to predict where the buyers will step in. The XRP/USD pair will show signs of recovery if it rallies and sustains above $0.57 levels for three days.

We aren’t buying during a falling market.

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