XRP Intraday Technicals: Declining From Resistance
XRPUSD is fluctuating around $0.38 level and so far it was not able to break it with momentum.
Above it, we will see more strength in XRP, however price action will be choppy.
There are following scenarios for today.
Scenario 1. A closure with momentum above $0.38 will bring more strength in XRP, however it will remain choppy below $0.44.
Scenario 2. Below $0.32, XRP will move towards $0.25-$0.28.
Scenario 3. A closure with momentum below $0.38 will push XRP down towards $0.25-$0.28.
Above it, we will see more strength in XRP, however price action will be choppy.
There are following scenarios for today.
Scenario 1. A closure with momentum above $0.38 will bring more strength in XRP, however it will remain choppy below $0.44.
Scenario 2. Below $0.32, XRP will move towards $0.25-$0.28.
Scenario 3. A closure with momentum below $0.38 will push XRP down towards $0.25-$0.28.
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