XRP Price Analysis: Steady Bullish Momentum on XRP/USD Past $0.2000 Amid Surge in Ripple’s ODL Remittance Payments and Exchange Listing

*Steady Bullish momentum on XRP/USD past $0.2000
*XRP is looking decent with a 4.49% increase over the last 24 hours
*Surge in ODL remittance payments indicate a volume rise and exchange listing

XRP/USD Daily Chart: Ranging

Ripple’s performance on the market is the most notable of late, moving to be nearly equal to Ethereum. Ripple’s technical set-up tends to look more optimistic with the daily chart suggesting some optimism for the mid to long-term. Once XRP crosses resistance at $0.2100 level, continuing much higher and reaching the level of $0.2400 level (March 2020 highs) will be evident.

XRP/USD is supported by the upward trendline at $0.1850 level, on an intraday basis. When out of the path, the downside is likely to gain momentum with the next target on the level of $0.1766 psychological zone, reinforced by the lower line of the moving average of 50.

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