Ripple Price Prediction for Today, April 2: XRP/USD May Spike Above $0.55 ByAzeez MustaphaPRO INVESTOR Updated: 02 April 2023 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Ripple price prediction shows that XRP could renew the bullish trend after testing the support level of $0.50 today. Ripple Prediction Statistics Data: Ripple price now – $0.51 Ripple market cap – $26.8 billion Ripple circulating supply – 51.6 billion Ripple total supply – 99.98 billion Ripple Coinmarketcap ranking – #6 XRP/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.45, $0.40, $0.35 XRPUSD – Daily Chart XRP/USD regains ground after touching the daily low at $0.50 during the European session today. The Ripple price is currently changing hands at $0.51 and despite the recovery, the coin is now hovering above the 9-day and 21-day moving averages. Ripple Price Prediction: Would Ripple Price Move to the Upside? According to the daily chart, the Ripple price is moving toward the resistance level of $0.55 as the initial move toward the upper boundary of the channel could boost the price further up. The Ripple (XRP) hits the daily high at $0.52 before retreating to where it is currently trading. Looking at it from above, more bullish movements may come into play if the Ripple price stays above the moving averages, and the nearest resistance level could be found at $0.55. However, traders can see that the daily movement remains in the hands of the bulls as the technical indicator Relative Strength Index (14) moves above the 60-level, building on the consistent recovery from the downside. Meanwhile, a break above the $0.55 level may most likely push the coin toward the potential resistance levels of $0.60, $0.65, and $0.70, while a drop toward the lower boundary of the channel may lead to the supports of $0.45, $0.40, and $0.35 respectively. Against Bitcoin, the Ripple price is seen moving above the 9-day and 21-day moving averages. After the coin touches the daily high at 1881 SAT today, the coin later retreated to the low of 1765 SAT. Meanwhile, the price may keep moving upward if buyers put pressure on the market. XRPBTC – Daily Chart Moreover, should the sellers return to the market, the Ripple price may drop to the support of 1500 SAT and below. At the moment, the technical indicator Relative Strength Index (14) stays above the 60-level and the market could face upward movement in the next positive direction while the resistance level could be located at $2200 and above. Alternatives to Ripple The Ripple price may need to rise and break above the upper boundary of the channel before resuming the previous bullish trend but may slide below the 9-day moving average for a while before creating additional gains. On that note, Love Hate Inu token is the world’s first Web3 vote-to-earn cryptocurrency platform, where members can vote on engaging polls. Buyers can use LHINU meme coins to cast their votes on topics such as politics, entertainment, sports, and social issues. However, the token has raised almost $2.5m in the ongoing presale. Love Hate Inu - Newest Meme Coin Rating Decentralized Polling - Vote to Earn Doxxed Team - CEO Carl Dawkins Featured in Yahoo Finance, Bitcoinist Mint Memes of Survey Results as NFTs OKX Listing May 19 Learn More Join Our Telegram channel to stay up to date on breaking news coverage