XRP price slows down after several days as price remains bullish despite showing weakness. XRP trades above 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs with the emergence of bearish divergence. The price of XRP continues to hold strong and could retest $0.42 support. The price of Ripple (XRP) continues to hold strong as the price aims to maintain its bullish price movement against tether (USDT). Ripple (XRP) and other crypto assets enjoyed a relief bounce in previous weeks that saw the crypto market cap looking good for cryptocurrencies across the industry, with many producing double-digit gains. XRP gained the most attention as the price moved with so much strength. (Data from Binance) Related Reading: Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week? Ripple (XRP) Price Analysis On The Weekly Chart Despite having a tough time throughout the year with the price falling to a low of $0.3 due to the law suite XRP was having, the price in recent times has responded favorably as the price has remained strong for some time now. After the price of XRP rallied to an all-time high, the price had a tough time dropping to a weekly low of $0.3, where the price held strong after forming support, and this region looked like a demand zone for prices. The price of XRP bounced off from this region of $0.3 as the price rallied to a weekly high of $0.52 as the price faced resistance to...
