Ripple (XRP) is currently trading within a tight range against Bitcoin (BTC). The price broke the resistance at 45,860 satoshis earlier this month but soon afterwards, it retraced. Initially, the 45,860 satoshis resistance turned into support as the 4H chart above for XRP/BTC shows that Ripple (XRP) formed two red candles after the resistance break. However, both of these candles managed to remain above the resistance turned support line. However, the third candle broke below the 45,860 satoshis resistance turned support and entered a range bound zone once again.

Continue reading Ripple (XRP) Struggles To Break Past 21 EMA Against Bitcoin (BTC), Price Likely To Remain Range Bound For Now at Crypto Daily™.

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