This article was first published on: Latest Crypto News --

In this Ripple price prediction, if the bulls break the trend line, XRPUSD price will be in an uptrend. On the downside, if the bulls fail to break the trend line, the XRP price will continue its downtrend.

XRPUSD Chart

Ripple (XRP) price was in the bearish trend zone yesterday as it was making a series of lower highs and lower lows. As a result, a trend line was drawn yesterday to help determine how long the downward trend will continue. The bearish trend will be discontinued if the trend line is broken and a confirmation candlestick is opened and closed in the opposite of it.

As the chart shows, the trend is ongoing as it has been unbroken. On May 11, the price of Ripple made a bullish move but met resistance near the trend line. However, today, May 12, Ripple price is making an upward move to retest the bearish trend line. So if the bulls are able to break the trend line, Ripple price will resume the upward move. On the other hand, if the bulls fail, to break the trend line, the pri...

This content is synced from the rightful owners. Copyright on text and images belong to the original source. -- This article was first published on: Latest Crypto News