XRP’s price slowed down after showing so much strength as it rallied to a high of $0.55. XRP could suffer retracement as the price site on a crucial support area, holding the price off from sellers with hopes of a rebound. XRP’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price of Ripple (XRP) showed some incredible price action as the price rallied from a low of $0.3 to a high of $0.55 after the announcement broke out about winning its lawsuits that have dragged the price into the mud in the past. The crypto market has enjoyed a little bit of relief bounce across all most assets, with Bitcoin (BTC) and Ethereum (ETH) leading the charge as most crypto assets, including MASK, produced over 200% gains in less than 7 days. With uncertainty in the crypto market creeping in, Ripple could suffer a setback in price as it sits on key support. (Data from Binance) Related Reading: Brace For Impact, Bitcoin Price Holds At $20,400 Ahead Of FOMC Ripple (XRP) Price Analysis On The Weekly Chart The crypto market is looking increasingly welcoming as many altcoins continue producing over 200% gains over the past 7 days of breaking out of their range-bound movement. The past weeks were tough for the crypto space, with many altcoins struggling to hold up their key support areas. After enjoying so many rallies in previous weeks, the week looks more mixed. XRP̵...
