XRP Recovers Above $1.50 After Pullback to $1.45
- —XRP pushed back above $1.50 after hitting a $1.4519 floor on Sept. 24
- —30-minute DMI and MACD both flipped positive, confirming short-term bullish momentum
- —XRP gained 15.94% over the week versus 10.04% for BTC and 8.68% for ETH
- —Shorts accounted for $2.27 million of $3.86 million liquidated in four hours
Why it matters: Holding above $1.50 and clearing the $1.5265 resistance would open the door to $1.55 and $2, while a breakdown would renew selling pressure.
Source: The Crypto Basic