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Cryptopolitan 2021-09-27 07:22:31

Ripple Price Analysis: XRP bounces from $0.90, ready for further upside today?

TL;DR Breakdown Ripple price analysis is bullish for today.XRP/USD found support above $0.90 again.XRP is set to rally high today. Ripple price analysis is bullish today as another retest of the further downside was met with rejection, indicating an upcoming reversal. Since XRP/USD saw a bullish momentum return this morning, we expect this to continue later today, with the $1 mark likely to be broken again. Cryptocurrency heat map. Source: Coin360 The overall market traded mostly in the green over the last 24 hours. The market leader, Bitcoin is up by 6.59 percent, while Ethereum has spiked by 11.6 percent. The rest of the top altcoin follow, with a gain of around 7-9 percent. Ripple price movement in the last 24 hours: Ripple rallies from $0.90 support again XRP/USD traded in a range of $0.8948 – $0.9815, indicating a substantial amount of volatility over the last 24 hours. Trading volume has increased by 7.76 percent and totals $3.342 billion, while the total market capitalization trades around $45.13 billion, ranking the coin in 6th place overall. XRP/USD 4-hour chart: XRP starts to move higher On the 4-hour chart, we can see the Ripple price action gaining strength this morning, indicating further upside will follow today. XRP/USD 4-hour chart. Source: TradingView The overall market price action has traded within a strong bearish momentum over the past weeks. After an initial spike lower on the 7th of September,...

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