XRP Expected to Surge; Will It Reach $0.5 Resistance Level?

CoinEdition

Published May 20, 2022 04:55AM ET

XRP Expected to Surge; Will It Reach $0.5 Resistance Level?

  • XRP is surging and is expected to break the resistance level of $0.5.
  • Currently, XRP trades at $0.43, with a spike of 5.32%.
  • Most of the coins are surging after the weak market condition in the past weeks.

After the huge crypto market plunge, most of the coins are on the surging track, with a slight spike of 3.25% in BTC price, in the past 24 hours. While analyzing the XRP price, the coin is also rallying by 5.32% and currently trades at a price of $0.43.

Soon after the great market dip, like all other cryptocurrencies, XRP started climbing up on May 13, with the highest intraday price of $0.46. As the trading chart of the XRP shows, the coin has crossed the $0.33 price dip that happened on May 12. This also means that XRP has risen above its support level to reach its current price of $0.43.

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