RATE Group | XRP Price May Be Headed for $0.30 With Bitcoin Making Higher Highs
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XRP Price May Be Headed for $0.30 With Bitcoin Making Higher Highs

24 Apr XRP Price May Be Headed for $0.30 With Bitcoin Making Higher Highs

Posted at 04:32h in Bitcoin News by

Recently, altcoins have been showing strength as Bitcoin (BTC) has just broken a key resistance level. Notably, ChainLink (LINK) and Tezos (XTZ) have been moving up more than 150% in the past month.

However, in the recent week, Stellar Lumens (XLM) have been surging upwards, while XRP price is also starting to look stronger on the charts. Can we expect substantial altcoin movements in the coming weeks? Let’s take a look at the charts.

Crypto market daily performance. Source: Coin360

Crypto market daily performance. Source: Coin360

USDT pair holds crucial level for XRP

XRP USDT 12-hour chart. Source: TradingView

XRP USDT 12-hour chart. Source: TradingView

The 12-hour chart is showing a promising support/resistance flip of the $0.1775 area. The crash on Black Thursday was also devastating for holders of XRP as the price dropped below the $0.12 level for a few hours.

However, since then, the price of XRP has been rallying upwards through substantial support/resistance flips. The recent movements are showing that the crucial area of $0.1775 is holding as support and setting up for…

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