Ripple Price Technical Analysis – Can XRP/USD Break This Resistance?

in cryptocurrency •  7 years ago 

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Ripple price traded lower recently towards the $1.3500 support area against the US dollar.
Yesterday’s highlighted key bearish trend line with current resistance at $1.4800 is intact on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair may move further higher, but it won’t be easy for buyers to break $1.50 and the 100 hourly simple moving average.Ripple price is correcting higher against the US Dollar and Bitcoin. XRP/USD is facing a major resistance on the upside around $1.48-1.50 and the 100 hourly SMA.

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is it good time to buy ripple? or will it go further down?