Over the past 24 hours, the stubborn shoots have returned to XRP, and the cryptocurrency regains the price of 2.5 USD. This stubborn rush is coming After a seven -day episode Consolidation of range between resistance at USD 2.5 and support at USD 2.3. Despite this consolidation, the price of technical analysis shows that XRP is still trading in stubborn configuration, especially in everyday candlesticks. In particular, this stubborn configuration shows that the price of XRP is going to do A up-to-date course of all time to $ 5.

The fantastic discrepancy of the RSI and forceful support were prepared by the scene

Technical analysis The price of XRP, which was published on the TradingView platform, shows that the cryptocurrency is on the edge of maximum growth in the coming weeks. Technical indicators play a key role in this perspective, which is currently stubborn, despite the recent slowdown in prices.

One of these technical indicators is Relative strength indicator (RSI)which measures the rush in price movements. RSI, for example, flashes a stubborn discrepancy in everyday time. This happens when RSI performs a higher minimum, while the price effect causes lower low, which is a signal of reversal up.

In addition, technical analysis shows that despite the slowing of prices, XRP managed to maintain above forceful support each USD 2. The XRP ability to maintain support means that the last sales pressure was not the weakness of the XRP price, as many expect, but only a consequence of wider deterioration of the economic situation throughout the cryptographic market. With an intact structure of the stubborn and pressure of sales, which seems to weaken, the resource remains in a forceful position to the renovated rally, with a target of 5 USD in sight.

Can XRP break its high time and accumulate up to $ 5?

The highest level of XRP remains USD 3.40 and has not yet returned to this price level from January 7, 2018. However, Altcoin was one of the best performers in this cycle, and this highest level may not be long. During the recent cryptocurrency rally, it increased to USD 3.36, just to face a keen rejection of the bear resistance just before breaking the up-to-date ground.

Transfer to 5 USD would mean not only the up-to-date high -high high, but also strengthened XRP as the best contractor in this cycle. The path to this milestone will require cryptocurrency overcome key resistance zones, Especially around 2.8 and 3 USD, on which sales pressure increased in this cycle.

At the time of writing, XRP trades $ 2.51, and in the last 24 hours increased by about 4.5%. If The rush party continues To build, and XRP successfully removes these barriers, the forecasted price of $ 5 can be at your fingertips.

A distinguished picture from Adobe, chart from TradingView.com