Ripple

CoinMarketCap has removed a range of South Korean exchanges because they were trading Bitcoin and Ethereum at higher prices. The move has triggered a BTC and ETH price drop. However, now the two flagship cryptos seem to be regaining their value.

Ripple, the fourth cryptocurrency by market cap, reached its highest level since 2018 and landed in a step from regaining its top 3 slot position following the major bullish recovery. However, the surge seems to be short-term.

Ripple bulls have cleared the resistance at $0.60, $0.65, and $0.78 as it rallied to a $1.10 high.

Ripple bulls have taken decisive steps as price breaks the price range between $0.54 and $0.58. Buyers have pushed the price to a high of $0.62. XRP has also commenced the resumption of upside momentum.

On April 1, Ripple bulls retested the $0.60 resistance and pulled back to the range-bound zone. XRP price has been confined in a tight range since March 26.

Ripple is falling after it retested the $0.58 resistance level. Incidentally, Ripple price rebounded above the $0.56 support and rallied above $0.58 high. The altcoin price pulled back and closed above $0.5785 at the time of writing.

Ripple bulls are still struggling to revisit the peak price of $0.75 it attained in February. On March 25, the XRP price broke above the $0.50 resistance as it approached the next resistance at $0.60.

Surprisingly, XRP price slumped again to $0.46 support as bulls bought the dips. Buyers are attempting to push above the moving averages to return to the previous high. The market will rise if price goes above the moving averages.

On March 20, XRP/USD rebounded above the $0.46 support as XRP resumed upside momentum. The recent breakout attracted more buyers as price rallied to $0.60 high.