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XRP Price Analysis for March 25

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Sat, 25/03/2023 - 19:00
XRP Price Analysis for March 25
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Neither bulls nor bears have seized the initiative as the prices of some coins are falling while others are rising.

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Top 10 coins by CoinMarketCap

XRP/USD

XRP has gained the most value among the top 10 coins, rocketing by 3.45%.

XRP/USD chart by TradingView

On the local chart, the price of XRP has set the resistance at $0.4496. From the technical point of view, sharp moves are unlikely today as most of the ATR has been passed.

Related

Respectively, sideways trading in the area of $0.435-$0.44 is the more likely scenario until the end of the day.

XRP/USD chart by TradingView

On the daily time frame, neither side has seized the initiative as the rate is far away from the key levels. One could only think about further growth if the price returns to the $0.48 mark and fixes above it.

XRP/USD chart by TradingView

On the weekly chart, one should pay attention to the level at $0.4328. If the bar closes above it, there is a possibility to see ongoing midterm growth to the $0.46-$0.48 zone.

XRP is trading at $0.4447 at press time.

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