Mar 18,2021
Bee Column: XPR price analysis for March 18

Yesterday, XRP price successfully gained a foothold above the blue channel, and buyers successfully broke through the resistance level of $0.50. The March high was set at $0.520.

The pair could not stay above the psychological level of $0.50 for long and returned to the support of $0.450 by the end of the day.

Buyers tried again to restore tonight’s currency pair to a level above $0.50, but in the morning, they were trapped near $0.475. If the growth continues and fails, the pair will return to the blue corridor.

As of press time, XRP is trading at $0.4735.

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