3 min readRIPPLE (XRP/USD):
Ripple continues to fluctuate around its current price levels, trading just above $0.53 as it seeks to establish support in the designated area of interest below.
Examining the technicals more closely, we can see that the price is currently sitting just below an ascending trend line, following a rejection at the daily 50 EMA. If we are unable to maintain support in the current areas, I will be interested in observing how the price behaves in the lower support regions below. At present, the RSI indicator does not indicate that the price is either overbought or oversold.
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