XRP / TetherUSLong
$XRP Ripple Supply zones
Holding this level here on XRP is crucial.
Youll notice this resistance was never tested as support after it was broken. These levels ALWAYS get revisted, and we finally did.
if you follow the different supply zones, there is potential for nearly 100% upside to the next major level.
Currently trying to break upward.
Fading ADX bear trend with volatility set to begin expanding.
Momentum has returned to the RSI with a nice Bullish divergence here as well.
Id love to see the money flow start curving upward, and i suspect coming into the new week, if this breakout continues, it will, as its already making higher lows
OBV has also flipped bullish.
Follow the supply. Historical price action correlation from this zone would imply .63-.74 next.
Youll notice this resistance was never tested as support after it was broken. These levels ALWAYS get revisted, and we finally did.
if you follow the different supply zones, there is potential for nearly 100% upside to the next major level.
Currently trying to break upward.
Fading ADX bear trend with volatility set to begin expanding.
Momentum has returned to the RSI with a nice Bullish divergence here as well.
Id love to see the money flow start curving upward, and i suspect coming into the new week, if this breakout continues, it will, as its already making higher lows
OBV has also flipped bullish.
Follow the supply. Historical price action correlation from this zone would imply .63-.74 next.
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.