Supports and resistances are squishing XRP's price volatility, setting up a big movement. Extremely low price volatility and volume at the moment. XRP.D is low as well. Token sentiment is also very negative. Price is still below the rising MA200, which is a buy. Fixed range volume profile gives us a short-term resistance of 0.615$. Support is 0.495$ and 0.43$. Breaking more than 3% below 0.43$ could imply that a major support line is broken. Breaking below 0.3$ ruins the pattern. But breaking above 0.615$ with momentum could imply in a run to 0.915$, 2$ or even above the ATH.
Trade active
Next resistance level: $0.75
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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.