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XRP

Ripple: Approaching Our Target Zone

1060
What a strong sell-off for XRP! Since last Friday, Ripple has dropped nearly 45%, yet it still hasn’t reached our magenta Target Zone between $1.69 and $1. While XRP saw a strong rebound after the sudden plunge, the magenta wave (4) should still head for a lower low within our Target Zone in the short term. Only after this price range has been reached do we anticipate the following magenta wave (5) to strive for new record highs above the resistance at $3.39.
MarketIntel
chartanalysisChart PatternsripplerippleanalysisrippleforecastrippleusdTrend AnalysiswaveanalysesWave Analysisxrpanalysisxrpforecastxrpusd

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chartanalysisChart PatternsripplerippleanalysisrippleforecastrippleusdTrend AnalysiswaveanalysesWave Analysisxrpanalysisxrpforecastxrpusd
MarketIntel

Related publications

Disclaimer

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.