XRP/USD: Is it Time to Seek Buying Opportunities?

XRP/USD: Is it Time to Seek Buying Opportunities?

Ripple continues to be exposed to bearish pressures, after the breakout in the XRP/USD above its support zone was reversed. Price action remains above the top range of its support zone, and bullish momentum has stabilized. Memories from the Crypto Winter of 2018 are recent, but from a fundamental perspective, this cryptocurrency pair remains extremely oversold.