TL;DR Breakdown The cryptocurrency heat map shows a moderate market.XRP/USD is expected to trade in a bullish trend in a few hours.Ripple is on track to break its intraday peak. Ripple price analysis: General price overview The XRP/USD market was overbought one hour into today’s Ripple price analysis chart, with traders rushing in to propel the currency’s price higher in a rising wedge pattern. However, things were different at the start of today’s price analysis chart; The market began trading in a bearish trend. The bears held on for long before buyers arrived with little power, allowing a brief price increase to $1.2 on the intraday high. XRP/USD’s price has been moving in a cup and handle pattern since then. After 30 minutes, more sellers than buyers were on the daily price chart, triggering a rapid price drop. Bulls were unable to watch the bears dominate the market, so they rallied their forces, raising resistance at an intraday low of $1.15. The cryptocurrency heat map shows a moderate market as the number of coins that have made losses is almost the number of gainers. Source: Coin360 The most popular digital currency continues to have a bleak outlook. BTC has decreased by -0.18 percent on the daily heat map, bringing it to trade at $46K. Ether has been trading in a bullish signal. Today, Ethereum has seen a 6 percent increase, bringing its price to $3.4K. The Binance coin (BNB) is also trading...
