XRP Is Trending Globally: Will Ripple Break $0.66?

XRP is firm, but the momentum has slowed since prices fell yesterday. If anything, traders might look for entries as long as prices are inside last week’s range. As it is, traders are closely looking at how prices perform relative to the primary support at $0.55. On the other end of the range, a breach of last week’s high could fuel the upside momentum, lifting the coin to $0.66—or better.

As things stand, XRP is relatively stable but undoubtedly bullish in a breakout formation. The coin is up 1% in the past day but steady in the previous week. The slowdown has affected engagement, looking at the drop of trading volume below $2 billion to around $1.5 billion at press time.

Traders are closely monitoring the following XRP and Ripple news:

• Analysts are confident that a Trump presidency will drive crypto innovation and adoption not only in the United States but across the world. As things stand, Ripple will be one of the top beneficiaries, especially once the ongoing case is settled.
• Google Trends data shows that XRP is gaining traction, finding interest from across the globe. The spike in organic search could be due to last week’s gains, which lifted sentiment and the coin from the July pits.

XRP Price Analysis

The uptrend remains for now, even with the cool-off of July 23.

Traders can look to buy the XRP/USD dip. However, this only applies if prices are steady above $0.55.

If buyers flow back, in alignment with the surge of last week, prices could easily float to $0.66 in a buy trend continuation formation.

The bullish preview applies only if XRP stays above $0.55. Any dip below this line might puncture the uptrend momentum.