XRP (XRPUSD) Price Forecast: September 21
The XRP market is in a positive move and buyers are gaining more strength today. The bulls are dominating at the moment and from the look of things the coin will keep rising. However, the crypto may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might further climb up to the $1.0000 upper resistance level and beyond.
Key Levels:
Resistance Levels: $0.7000, $0.8000, $0.9000
Support Levels: $0.4000, $0.3000, $0.2000
XRP (USD) Long-term Trend: Bullish (Daily Chart)
XRPUSD turns positive again today, as can be seen from the chart above. Buyers are gaining more strength above the supply trend levels which confirms its bullish trend.
The sustained bullish pressure was able to push the coin price up to a $0.5075 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.
The XRP price finds a reliable resistance at the $0.5132 trend line which further increases to the $0.5155 high value above the EMA-9 as the daily session begins today, resulting in intraday gains. This will prolong the upward rally and fuel the release of more buy investors into the market.
Adding to that, the daily stochastic indicates that buyers will continue to gain more strength as the price of XRPUSD remains in an uptrend. In this case, the price of XRP will keep increasing and could jump up to hit the $1.0000 upper supply mark sooner in its long-term outlook.
XRP (USD) Medium-term Trend: Bullish (4H Chart)
Analyzing the chart below, we can clearly see that XRPUSD is in a strong bullish market zone in its medium-term outlook.
The price currently trades above the two EMAs which enables buyers to gain more strength making higher highs and moving towards the major upper resistance area.
The high bullish impact on the crypto at the $0.01283 high level in the previous action has contributed to its bullishness in its recent high.
The strong push by buyers to the $0.5133 resistance trend line above the moving averages as the 1-hour chart opens today shows that the buying activities are rising. Thus, if the long traders could break above the $0.01370 supply mark, the bearish thesis will be invalidated.
Likewise, there is a possibility of more upsides as indicated by the price signal which is pointing in an upward direction. This may extend the price of XRP to a high at $1.0000 upper resistance value soon in its medium-term time frame.
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