XRP (CRYPTO: XRP) declined about 3.6% in March, but technical indicators point to a potential short-term bounce within a broader bearish trend.
XRP’s Short-Term Strength Emerges
In an Apr. 9 podcast, analyst ChartNerd said XRP has shown near-term strength, closing around $1.37 and reclaiming its 20-day exponential moving average after bouncing from key support levels.
If the token holds above roughly $1.36, the next targets include the 55-day EMA near $1.42 and resistance in the $1.40–$1.50 range.
A move toward $1.60–$1.80 is possible, though gains may remain choppy unless resistance is decisively broken.
On the weekly timeframe, XRP continues to trade below the critical …Full story available on Benzinga.com
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