Current support is at .30 while the next resistance is at around .33 levels, Stoch RSI indicates to be overbought and a pullback might be incoming causing a reversal to current support zones.
Looks like there is a good chance of an ascending channel being formed at current levels and a price drop towards .29 is likely to happen if the channel does actually form. However I'm still not 100% bullish on XRP until a candle forms above the next resistance level (.33)
All comments welcome.
Looks like there is a good chance of an ascending channel being formed at current levels and a price drop towards .29 is likely to happen if the channel does actually form. However I'm still not 100% bullish on XRP until a candle forms above the next resistance level (.33)
All comments welcome.
Note
XRP Arrived at destination **cked, abandon ship, abandon all hope.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.