XRP/USDT : one more attempt to break out
XRPUSDTHello everyone 😃
XRP has tried to break it's resistance; But it failed...
Now there is bearish trendline which is formed because of last rejection.
XRP has tried to break this trendline but it didn't works neither, Now there are two resistances for XRP to break.
It seems that volatility is being bullish one more and we didn't saw any hype from XRP in past couple of days now.
There are two possible direction and current level is important..
Also XRP has bounced from MA50 nicely and on daily TF EMA 20 has reached the movement one more time.
It's expected for XRP to have a breakout from current levels but if XRP fails to break current resistances; Then bearish trendline could lead the pair to lower supports !
Hope you enjoyed our analysis about XRP's possible direction🙌
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