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The USDJPY price awaits confirmation signal – Forecast today

By Published On: January 29, 20250.4 min readViews: 1410 Comments on The USDJPY price awaits confirmation signal – Forecast today

Ripple’s currency price (XRPUSD) rose in the intraday levels, after leaning on the support of the 50-day SMA, lending the price positive momentum, and turning early losses into gains, while leaning on the upward secondary trend line in the short term, with positive signals from the RSI after reaching oversold levels compared to the price’s movements, hinting at positive divergence. 

 

Therefore we expect more gains for the price, targeting the pivotal resistance of $3.3999, provided the support of $2.5073 holds on.

 

Trend forecast for today: Bullish 



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