Ripple Price Analysis — March 28
Ripple has extended its gains for the third consecutive day as the broader cryptocurrency market reestablished a bullish bias, with Bitcoin breaking the $47K barrier. In the last few hours, XRP tapped the $0.9000 top for the first time since early February.
The sixth-largest cryptocurrency recorded a rejection from the previously mentioned resistance, falling to the $0.8800 support. That said, another failed attempt at the $0.9000 barrier could trigger a much higher pullback to $0.8200 in the coming days as trading conditions enter overheated territories.
However, bulls can allow a mild correction to the $0.8500 in the coming hours, where they can build more momentum from dip-buyers and charge towards the $1 round figure.
Meanwhile, my resistance levels are $0.9000, $0.9275, and $0.9500, and my support levels are $0.8800, $0.8500, and $0.8250.
Total Market Capitalization: $2.15 trillion
Ripple Market Capitalization: $42.5 billion
Ripple Dominance: 1.98%
Market Rank: #6

