Ripple (XRPUSD) declined in its latest intraday trading, as the price attempts to search for a rising bottom that could serve as a base to help it acquire the positive momentum needed to resume its recovery. This comes after it collided with the resistance of a short-term descending secondary trendline, prompting the price to gather positive strength that may eventually help it break through this dynamic resistance, supported by its continued trading above the 50-day SMA, which strengthens the likelihood of a near-term rebound.

Therefore we expect the cryptocurrency to rise in its upcoming intraday trading, especially if the current support level at 2.1507 holds, targeting the pivotal resistance level of 2.2819 in preparation for testing it.

Todays price forecast: Neutral