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Ripple (XRP) UPDATE:- Ripple has been one of the strongest performers in a market that has otherwise seen only red in the past week. With an increase of 54% in the last seven days, XRP is back in the spotlight, fueling rumors of what could have caused this surge.
This most recent rally came to a halt when the price hit the resistance at $0.55. XRP is taking a break after such a significant move and consolidates under this crucial resistance. The support is found at $0.44 and may not be tested if buyers remain interested.
This move from XRP has surprised the market, considering BTC and ETH have made lower lows this past week. The biggest question is if buyers will manage to sustain this rally and protect these most recent gains. XRP is known for its sharp increases in price, only to be followed by a gradual correction back to previous price levels.
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