Ripple price analysis Ripple surges past $0.70
There is a key bullish line forming with strong support at $0.67 on trading pairs XRP/ USD currently, correcting lower towards the $0.67and $0.68 support levels gaining upside momentum against Bitcoin and US dollar. Ripple last price support formed at $0.63 against USD once the price started an upside movement breaking many hurdles on the way up such as $0.65 and $0.68 and even succeeded breaking $0.70 barrier reaching as high as $.7039, later sellers appeared and the price started downside correcting below $0.70 level. Let's take a look at a chart
Datasource from https://www.newsbtc.com/2018/06/04/ripple-price-analysis-xrp-usd-surges-past-0-70/
Looking at the chart the price corrected in a few points however any major decline below $0.68 level could be limited, on the upside a close above $0.70 barrier may perhaps clear a path for run to $0.72.
Hourly relative strength index for XRP/USD is currently above 60 level. Showing major support level at $0.67 and and resistance level at $0.70.
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