Does XRP have efforts to fight for new peaks?
Yesterday, the XRP price calmly consolidated all day right at the two-hour EMA55 level, and at the Asian session, it experienced a shock, falling into the purple downtrend corridor in a matter of minutes. A fairly large deal of bears was held at a price of $0.171. Support of $0.17 limited the bearish momentum and the pair returned to its previous level, in the area of average prices.
Today, XRP may go down to the support of $0.20, but soon the growth in the resistance area of $0.213 might be resumed and perhaps this week the pair will be able to gain a foothold in the area of $0.220.
Today, XRP may go down to the support of $0.20, but soon the growth in the resistance area of $0.213 might be resumed and perhaps this week the pair will be able to gain a foothold in the area of $0.220.
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.