Ripple (XRP) price broke above its daily resistance level of $0.499 on Monday.
Ripple price breaks above its daily resistance level at $0.499 on Monday. On-chain data suggests XRP development activity is rising. A daily candlestick close below $0.450 would invalidate the bullish thesis. Ripple price broke above its daily resistance level of $0.499 on Monday. On-chain data indicates that XRP’s development activity is rising, signaling that the bulls are preparing for their next move. Ripple price looks promising Ripple price rose 3.2% on Monday and closed above $0.
If the bulls are aggressive and the overall crypto-market outlook is positive, the XRP could extend an additional 9% rally to $0.581, a 50% price retracement level of $0.419 and $0.744 from March 11 to April 13. XRP/USDT 1-day chart Santiment’s Development Activity metric tracks the frequency of project development events recorded in the public GitHub repository over time.
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