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XRP (XRPUSD) Price Forecast: April 29
The XRP market is gaining traction and looks good for a long position at the $2.252 high mark as the bulls continue to lead. The coin price finds resistance again and has time to prove more reliable with a limited downside. The token might continue its bullish run, and the price could still go higher if the bulls can break up the $2.299 peak value. Then, we can expect a good upside momentum to the $2.350 upper resistance level and beyond, offering a good entry opportunity for coin buyers.
Key Levels:
Resistance Levels: $2.250, $2.260, $2.270
Support Levels: $1.850, $1.840, $1.830
XRP (USD) Long-term Trend: Bullish (4H Chart)
The XRP pair eyes a new high as it experiences a jolly bullish move and looks good for a long position in its long-term view. The coin price is above the moving average with huge volumes from the bulls, denoting a beautiful bullish trend.
The XRPUSD pair looks good for long as the bulls break out to a high at the $2.252 resistance mark above the moving average lines as the daily chart resumes today, indicating more forces from the buy traders and bullish commitment.
Based on the outlook, should the bulls go higher and close above the $2.299 high barrier level, improved market sentiment will be attained.
Notably, the momentum indicator also signaled up, indicating an uptrend.
XRP (USD) Short-term Trend: Bullish (1H Chart)
XRPUSD indicates an upward trend with a long desire for the bulls in its short-term perspective. The coin is trading above the $2.231 high point and facing the overhead resistance at the recent high.
Hence, XRP looks good for a long and may remain in the same position as suggested by the daily stochastic pointing up.
Thus, if the bulls can add extra efforts to their buying pressure, the token price may surge to the $2.299 resistance point and extend further to reach the $2.350 upper high level in the days ahead as the bulls continue to dictate the market conditions in its lower time frame.
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