Why does XRP increase? Bulls try to rise over $ 0.4 (Ripple price analysis)

Why does XRP increase? Bulls try to rise over $ 0.4 (Ripple price analysis)
rippleder price has increased in the last few days while Bitcoin has fallen. However, the price still has to break through a significant level of resistance, and the market structure cannot currently be considered bullish.
technical analysis
from: Edris
XRP/USDT daily diagram
The price has increased in the last three days and is currently testing both the 200-day and 50-day line of the sliding average, which are around 0.4 dollar brand. In the event that it breaks beyond this MAS, the key range of $ 0.43 would be the next level of resistance.
On the other hand, a declining rejection in the coming weeks would probably lead to a decline in the direction of the $ 0.3 mark. Note that the RSI indicator has also increased via the threshold of 50 %, which could be seen as an interest bully signal at short notice. Tradingview
XRP/BTC-Tageniagramm
compared to Bitcoin it looks even better for XRP, since the price has exceeded the sliding 50-day average near the 0.000017 BTC mark and is currently climbing over the resistance brand of 0.000018 BTC.
In the event of a valid bullish outbreak, a sequel would be expected in the direction of the upper border of the large descending channel.
The RSI indicator, however, approaches the overbought area, which should be seen as a warning signal, that there can be a fake outbreak.
Tradingview
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