XRP Chart Analysis: Old-school coins are pumping!

14. JuliHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

XRP recently pumped 48% from $0.3812 to $0.5659, creating interest for old-school XRP hodlers.

The price is currently facing two important resistance levels:

- The 0.618 Fib Retracement at $0.5350
- The 50 EMA resistance at $0.5210

To reach the resistance trendline at $0.62, XRP must break through these two resistance levels. A rejection is likely to drop the price back to the pavilion.

Key Observations:

- Primary Resistance: 50EMA and 0.618 Fib Retracement at $0.5350.
- Higher Resistance: $0.62.
- Support: $0.4148.

DYOR before making any decision. NFA.

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