XRP struggled to break above the range high, as the altcoin continued to trade within the $0.46 to $0.55 range.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.struggled to break above the range high, as the altcoin continued to trade between $0.46 to $0.55. Over the past week, buyers rallied to push past the mid-range point with 9.3% gains, taking XRP to the range high.
The presence of a bearish order block at the $0.55 price zone has limited the bullish rally with pricing ranging at the level over the past 48 hours. In addition, the Chaikin Money Flow was positive, hinting at good capital inflows while the uptick in the On Balance Volume suggested growing buying volume in recent days.
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