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XRP (XRPUSD) Price Forecast: September 13
Today, the XRP market price indicates a possible growth, eyeing a break above the $3.580 peak value as the bulls remain dominant and leading in the crypto market. The crypto is likely to continue moving upwards as we are seeing a strong turnout of buyers. However, if the broader market bullish trend continues, the mentioned supply could be reached and extend further to a $3.652 upper resistance level, signaling the potential for significant gains as the bull trend holds, drawing heightened attention among investors.
Key Levels:
Resistance Levels: $3.034, $3.035, $3.036
Support Levels: $1.908, $1.907, $1.906
XRP (USD) Long-term Trend: Bullish (Daily Chart)
A bullish trend is shown by the coin price being above the moving average. Thus, the recent market is in the direction.
The cryptocurrency price has remained stable above the supply levels at its latest high due to the persistent positive pressure that led it to a $3.024 high level in the last session.
At the time of writing, the XRPUSD market value rises above the EMA-50 at $3.035 on the daily chart, signaling strength among coin buyers. However, a retest at the $3.558 prior supply barrier is possible soon, if all support levels hold.
In addition, the coin is in an uptrend on the daily stochastic, suggesting the XRP market may be entering a stable upside.
More buyers’ participation is a prerequisite at the moment. In light of this, the crypto price may surge to a high level of $3.652 amid sustained buying pressure in the coming days.
XRP (USD) Medium-term Trend: Bullish (4H Chart)
The XRP market is experiencing a jolly bullish move after breaking critical hurdles, as the coin price shows potential growth on the medium-term time view. The price trades above the moving averages, affirming its bullish trend.
Today, the long traders swept the bearish momentum under the rug by pushing the price of XRPUSD to an intra-day high of $3.034 value above the supply levels, indicating that buyers remain dominant and are having the market price at their disposal at the moment.
Therefore, the coin market may experience another upward trend to reach the $3.127 peak resistance barrier, suggesting renewed market interest, provided the bulls increase their trust in the XRP investment.
Additionally, the daily stochastic pointing upwards suggests a bullish continuation. As a result, the price of XRPUSD might jump to the $3.652 upper high level in its medium-term outlook.
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