XRP could reach $0.80 in this rally.

XRPUSDT

In the XRP price analysis, buyers successfully protected the 38.2% Fibonacci retracement level of $0.49, which pushed the price towards the overhead resistance zone of $0.56 to $0.58. The upsloping 20-day EMA ($0.49) and the RSI in the positive zone indicate that the bulls have a slight edge.

If buyers kick the price above $0.58, the XRP/USDT pair may start an up-move that could reach $0.65 and then $0.80. However, if the price turns down from the overhead zone, the pair may consolidate between $0.49 and $0.58 for a few days. The trend will favor the bears if they yank the price below $0.49.

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