. XRP prices are currently on the 12-hour chart upside-down parallel channel.
. The digital resource is intended to protect and recover only key level of support.
. Investors now appear to be interested in XRP, although a lawsuit has been filed against RIPP.
The price of XRP has been trading steadily since February 5, gaining new strength and establishing several levels of support for its growth. XRP bulls are targeting key support levels and aiming for a maximum return of $ 0.7.
The XRP price could go up to $ 0.90 if the enrichment rate continues
On the 12-hour chart, the XRP price maintained a key support level of $ 0.57, the upward trend of the upward channel. Recovering from this point can quickly push the XRP price upwards by $ 0.7.
The most important resistance level is $ 0.7, the top trend line. Since there are no significant resistance levels on the rise, a break above this level could easily push the XRP price down to $ 0.90. At the 4 o'clock chart, the TD sequence indicator shows the red '8' candle bulb.
This type of candlelight is often turned into a purchase sign that gives credence to the above-mentioned attitude. However, the price of XRP needs to see a significant refund for this to happen anyway.
Losing the lower limit of the upward parallel channel by $ 0.57 and closing below it will send the XRP price to $ 0.42, using the design height as a reference point to move 25%.
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