Can XRP bounce back fast to its previous levels?
XRP has shown much better price dynamics than Ethereum (ETH). The price of the coin has dropped by 0.81% over the previous 24 hours.
XRP has found its local bottom at $0.1730, followed by a bounce off. As in the case with Ethereum (ETH), the further drop is unlikely to continue as bears have run out of fuel based on the trading volume. However, there is a reason for a continued rise as there is a bullish divergence on the RSI indicator. Respectively, the growth might be till the nearest resistance at $0.1870.
XRP has found its local bottom at $0.1730, followed by a bounce off. As in the case with Ethereum (ETH), the further drop is unlikely to continue as bears have run out of fuel based on the trading volume. However, there is a reason for a continued rise as there is a bullish divergence on the RSI indicator. Respectively, the growth might be till the nearest resistance at $0.1870.
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